Growth Manager - Consumer Loans at Moniepoint Inc.

Job Overview

Location
Lagos, Lagos
Job Type
Full Time
Date Posted
3 months ago

Additional Details

Job ID
140426
Job Views
45

Job Description






About the Role




  • The Growth Manager is responsible for setting and ensuring the product achieves specific KPIs in product-related metrics, such as acquisition, conversion, activation, retention, and revenue.

  • This senior leadership role sits at the intersection of product management and growth strategy, driving sustainable revenue growth by optimising every stage of the customer journey.



Responsibilities

Growth Strategy & Funnel Optimization:




  • Define the product's growth plan and lead execution across the entire funnel from acquisition through to monetization and retention

  • Own and optimize specific business metrics or commercial goals, covering the entire funnel from new user acquisition through conversion, activation, retention, and expansion 

  • Perform detailed product analysis covering the product management funnel with all its aspects, implementing changes into the buying funnel to improve conversion

  • Design and execute A/B testing programs to optimize sales and conversion rates/adoption at each funnel stage

  • Lead testing and optimization efforts for the conversion funnel across offline and online channels, prioritizing tests that drive the biggest business impact



Product-Led Growth Initiatives:




  • Study user data and analyze funnels to find issues, A/B test solutions, and measure results using key metrics like free trial conversion rate and expansion of MRR

  • Optimize onboarding flows to improve user activation and reduce churn, designing features that enhance adoption and usage

  • Improve the product's design and deploy experiments to improve lifetime value (LTV) and decrease churn 



Data & Analytics:




  • Use deep, flexible, and comprehensive analytics covering the entire funnel from marketing acquisition to product usage

  • Analyze user behavior to improve the sales funnel and increase conversions, using advanced analytics to assess campaign performance and refine strategies

  • Define and track growth metrics including customer acquisition cost (CAC), activation rate, retention rate, payback time, and revenue per customer

  • Conduct cohort analysis and journey mapping to identify bottlenecks and optimization opportunities



Cross-Functional Leadership:




  • Coordinate plans across product development, marketing, and sales departments to execute growth strategies

  • Collaborate with the sales teams and work with customer success teams to ensure successful product implementation

  • Lead cross-functional growth team including product, design, analytics, and marketing resources

  • Partner with Product, Marketing, Sales, Business Intelligence, Creative, and Paid Media teams to customize user experience and maximize conversion



Market & Customer Intelligence:




  • Conduct regular client interviews and stakeholder meetings to gather requirements and validate solutions

  • Analyze competitive landscape and industry trends in inventory management and supply chain technology

  • Conduct in-depth market research on market trends, competitive analyses, and customer behavior patterns

  • Translate customer needs and market opportunities into actionable product growth initiatives



Key Performance Indicators




  • User acquisition and activation rates

  • Customer retention and churn rates

  • Expansion revenue (upsell/cross-sell)

  • Payback time for new users

  • Customer Lifetime Value (LTV) to Customer Acquisition Cost (CAC) ratio

  • Product adoption metrics across key features



Requirements

Experience:




  • 5-7 years in growth  management, with at least 3-5 years focused on sales or marketing or product-led growth

  • 3+ years in a management role managing teams and driving strategic initiatives

  • Proven track record in consumer-FMCG environment, preferably in CPG or fintech environment

  • Deep experience scaling product businesses, with demonstrated ownership of significant revenue targets



Technical Skills:




  • Strong analytical skills with ability to drive metrics and benchmarks, plus experience with growth experiments, A/B testing, and funnel optimization

  • SQL knowledge.

  • Proficiency in product analytics tools (Mixpanel, Grafana, Tableau, Looker, etc)

  • Deep understanding of user behavior analysis and segmentation



Leadership & Soft Skills:




  • Strong communication skills to interact with teams, stakeholders, and users through verbal presentations, written reports, and visual media 

  • Proven ability to build, mentor, and scale high-performing product teams

  • Expertise in data analytics tools and digital marketing platforms with ability to manage and mentor teams of marketers, analysts, and designers

  • Strategic thinker with strong commercial awareness and business acumen



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