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Head of Sales

Summary

Kuda is a money app for Africans on a mission to make financial services accessible, affordable and rewarding for every African on the planet.


We’re a tribe of passionate and diverse people who dreamed of building an inclusive money app that Africans would love so it’s only right that we ended up with the name ‘Kuda’ which means ‘love’ in Shona, a language spoken in the southern part of Africa.


We’re giving Africans around the world a better alternative to traditional finance by delivering money transfers, smart budgeting and instant access to credit through digital devices. We’ve raised over $90 million from some of the world's most respected institutional investors, and we’re rolling out our game-changing services globally from our offices in Nigeria, South Africa, and the UK.

Role Overview

Your mission is to build and lead a world-class sales team from scratch, relentlessly focusing on growing the number of businesses using the Kuda Business platform.

The Head of Sales is a vital sales leadership role at Kuda Microfinance Bank. You will play a central role in developing Kuda's commercial footprint in Nigeria. Based out of Lagos, you will help grow our customer base in the territory by coordinating prospecting efforts into target industries and verticals.


Leading from the front, you will build a high-performing team, coach and mentor them to success, localize the sales playbook, and drive growth in your assigned territory.

Responsibilities

  • Communicating effectively the value proposition by focusing on a solution-based sales process
  • Contacting prospective customers from a defined territory/vertical to discuss Kuda's business product
  • Build a sales team from scratch, setting KPIs & financial targets designed to scale at speed
  • Managing DSAs' sales funnels to ensure maximum performance on the
  • following:

- Identifying potential new clients through a variety of mediums and identifying their decision makers

- Identifying, managing & executing on the client journey through the sales funnel

  • Leading a team of 2-3 Sales Executives and a minimum of 10 DSAs (Direct Sales Agents), owning all aspects of performance & development
  • Championing your product and market knowledge to promote Kuda's offering
  • 5+ years experience in sales or business development
  • 2+ years experience as a high performing Team Leader, Head of Sales, Head of Business Development or Country Manager
  • Experience with SMEs, preferably with a track record of sales to this segment
  • Successfully built or scaled sales departments in a high growth environment catered to SMEs
  • Experience in managing a team, setting compensation and performance-based metrics
  • Experience coaching and mentoring junior sales staff
  • Experience with both inbound and outbound (telesales)

Advantageous:

  • Experience in FMCG or Finance sectors
  • Growth Marketing experience
  • Degree in Finance/Business related subject
  • Strong knowledge of and interest in technology and financial services; prior experience working in fintech or digital payments a plus

Why join Kuda?

At Kuda, our people are the heart of our business, so we prioritize your welfare. We offer a wide range of competitive benefits in areas including but not limited to:

  • Pension
  • Competitive annual leave plus bank holidays
  • Group life insurance
  • Health insurance
  • L&D training
  • We are advocates of work-life balance and offer a 3-day-per-week remote working option

Kuda is proud to be an equal opportunity employer. We value diversity and anyone seeking employment at Kuda is considered based on merit, qualifications, competence and talent.

We don’t regard colour, religion, race, national origin, sexual orientation, ancestry, citizenship, sex, marital or family status, disability, gender, or any other legally protected status. If you have a disability or special need that requires accommodation, please let us know.

Average salary estimate

$95000 / YEARLY (est.)
min
max
$70000K
$120000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Head of Sales, Kuda Technologies Ltd

Are you ready to take the reins as the Head of Sales at Kuda? This isn’t just another job; it’s an opportunity to lead a world-class sales team focused on revolutionizing financial services for Africans. At Kuda, we’re more than just a digital banking app; we are on a mission to ensure that financial services are accessible and rewarding for every African across the globe. As the Head of Sales, based out of our Lagos office, you will play a pivotal role in developing Kuda's commercial footprint, particularly within Nigeria. Your main challenge will be to build a dynamic sales team from scratch, focusing on expanding our Kuda Business platform. You’ll engage with prospective customers, champion the value of our offerings, and set ambitious KPIs and financial targets. Coaching and mentoring a team of Sales Executives and Direct Sales Agents will be essential as you drive growth in your territory. With a minimum of 5 years in sales or business development and at least 2 years in a leadership role, you will leverage your experience, particularly with SMEs, to cultivate relationships and promote Kuda’s offering. Join a company that values diversity and prioritizes your well-being. Enjoy competitive benefits, health insurance, a pension plan, and a flexible work schedule. If you're passionate about leading a top-notch team in a thriving fintech environment, Kuda is your place to shine!

Frequently Asked Questions (FAQs) for Head of Sales Role at Kuda Technologies Ltd
What are the main responsibilities of the Head of Sales at Kuda?

The main responsibilities of the Head of Sales at Kuda include building and leading a high-performing sales team, communicating the value proposition of Kuda's business platform, managing sales funnels, and scaling operations. You’ll coordinate efforts to engage prospective customers in target industries and drive growth by setting KPIs to measure your team's success. Additionally, you'll work closely with Sales Executives and Direct Sales Agents to ensure maximum performance.

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What qualifications are required for the Head of Sales position at Kuda?

The Head of Sales position at Kuda requires a minimum of 5 years of experience in sales or business development and at least 2 years in a leadership role, such as a Team Leader or Head of Sales. Experience with SMEs is crucial, along with the ability to build or scale sales departments in high-growth environments. Candidates should also have strong coaching and mentoring skills. A degree in Finance or a related field is preferred.

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How does Kuda support the welfare of its employees in the Head of Sales role?

Kuda is committed to the welfare of its employees, offering competitive benefits such as pension plans, annual leave, health insurance, and opportunities for personal development through L&D training. Additionally, the company advocates for work-life balance, providing a flexible option of remote work three days a week.

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What is the team structure for the Head of Sales at Kuda?

As the Head of Sales at Kuda, you will lead a team consisting of 2-3 Sales Executives and a minimum of 10 Direct Sales Agents (DSAs). You will be responsible for managing their performance, setting objectives, and driving growth through effective leadership and mentoring, ensuring the team meets its targets and understands the value of Kuda's offerings.

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What kind of experience is advantageous for the Head of Sales position at Kuda?

Advantageous experience for the Head of Sales position at Kuda includes backgrounds in the FMCG or finance sectors and familiarity with growth marketing. Candidates should have a strong knowledge of technology and a keen interest in financial services, particularly prior experience in fintech or digital payments, as it aligns with Kuda's mission.

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Common Interview Questions for Head of Sales
How would you approach building a sales team from scratch at Kuda?

When building a sales team from scratch at Kuda, I would start by assessing the specific market needs and defining our ideal customer profiles. Next, I would recruit individuals who not only have strong sales skills but also align with Kuda's mission. Training and developing my team would be a top priority, focusing on solution-based selling techniques that convey the value of our platform. Setting clear KPIs and fostering a collaborative team environment would be essential for sustained success.

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What strategies would you employ to increase Kuda's customer base?

To increase Kuda's customer base, I would utilize a multi-faceted approach involving targeted marketing campaigns and direct outreach to potential customers. Engaging with SMEs to highlight our unique value propositions through presentations and personalized demonstrations would be key. Building strategic partnerships with local businesses and enhancing our online presence would further solidify our market entry and growth.

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Can you describe your experience with managing sales funnels?

In my previous roles, managing sales funnels has been integral to my success. I prioritize identifying potential clients through various channels and nurturing them through the funnel stages, from awareness to decision-making. By utilizing CRM tools, I track engagement metrics to optimize each stage of the funnel efficiently, ensuring that we maintain high conversion rates and foster meaningful relationships.

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How do you keep your sales team motivated and engaged?

Keeping a sales team motivated and engaged starts with clear communication of goals and celebrating achievements, big and small. I believe in creating a positive work culture where team members feel valued; regular coaching sessions and feedback are essential. I also encourage team-building activities and recognize individual contributions to foster a sense of belonging and purpose.

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What do you think sets Kuda apart from its competitors?

Kuda's commitment to making financial services accessible, affordable, and rewarding for every African truly sets it apart. Our innovative approach to budgeting, money transfers, and credit access through technology positions us uniquely in the market. I would articulate this differentiation in every customer interaction, emphasizing how Kuda's offerings directly respond to local needs.

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How do you handle underperformance in your sales team?

To handle underperformance, I first investigate the underlying causes by having one-on-one discussions with the team member. Understanding their challenges allows me to tailor coaching strategies and provide the necessary support. Setting clear expectations and providing actionable feedback can often help realign performance with company goals. Additionally, I believe in fostering a growth mindset where failures are seen as learning opportunities.

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What role does data play in your sales strategies?

Data is pivotal in shaping my sales strategies. Analyzing market trends, customer behavior, and sales performance metrics drives informed decision-making. I use data to identify opportunities, optimize our approach, and refine our targeting efforts. Implementing data-driven strategies ensures that our campaigns are not only effective but also aligned with customer needs.

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Can you share an example of a successful sales initiative you led?

In my previous role, I led a sales initiative targeting a new customer segment that had been largely overlooked. By conducting market research, I identified their pain points and tailored our offerings to meet their needs. My team and I implemented a focused outreach campaign that resulted in a 40% increase in new accounts within three months, demonstrating the power of a strategic, customer-centric approach.

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What strategies would you use to communicate Kuda's value proposition effectively?

To communicate Kuda's value proposition effectively, I would focus on understanding our audience's needs and pain points. Tailoring our messaging to highlight how Kuda's services address these challenges—such as instant credit access and competitive pricing—ensures relevance. I would use a mix of storytelling and data-driven insights to demonstrate our positive impact, making it relatable and compelling to potential customers.

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Why do you think you're a good fit for the Head of Sales role at Kuda?

I believe I am a good fit for the Head of Sales role at Kuda because I bring extensive experience in sales leadership and a deep understanding of the fintech landscape. My track record of building high-performing sales teams and successfully scaling operations aligns perfectly with Kuda's growth ambitions. Additionally, my passion for improving financial inclusion speaks directly to Kuda's mission, making this opportunity particularly exciting for me.

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Kuda is a fintech company on a mission to make financial services more accessible, affordable and rewarding for every African on the planet.We've built the money app for Africans around the world, giving them a better alternative to traditional fi...

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Full-time, hybrid
DATE POSTED
April 6, 2025

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