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You will be a core member of Sotheby’s London Global Fine Arts department, driving financial results, growth, and profitability for this key business area. You will act as a business partner to the department specialists focused on P&L management and reporting (live and online auction and private sales), pipeline management, deal making, and sale execution.
Job Responsibility:
Own the pipeline of business opportunities and deals to drive sales and accountability, in active collaboration with internal stakeholders
Lead, manage, and track all auction and private sale (as required) consignments and annual goals
Develop financial models (revenue and expense) to support consignments for all revenue streams
Prepare client facing deal communication and take a client facing role for commercial terms, when required
Serve as the first business point of contact for negotiations for consignments, vendors, consultants, or other third parties
Serve as point person for the legal department on settlement of claims and goodwill gestures
Lead annual budget planning and regular forecasting in partnership with Head of Sale, Head of Department, Finance, and other members of management
Translate financial results and KPIs into operational recommendations to optimize the business
Manage all sale and department expenses
Regularly review and develop plans for Sotheby’s inventory, in partnership with Operations and Finance teams
Act in a client-facing capacity and as an internal conduit to troubleshoot escalated pre- and post- sale issues
Work with Pre and Post sale on Sale settlement to maintain a high-level oversight, Extended Payments approval and accountability and billing for non-standard transactions
Act as a strategic partner for senior management by reviewing competitive analysis, maintaining market share reporting, and analyzing trends in deal making
Research potential additional revenue streams and partner with key internal stakeholders to develop business plans
Work collaboratively to propose, manage, and implement efficiencies, integration, and adoption for new IT and digital improvements aligned to overall responsibilities
Requirements:
Bachelor's degree required
4+ years of professional experience in a business management, banking, financial or consulting role
Strong communication and relationship-building skills
Prior deal or contract negotiation experience preferred
Advanced Excel skills
Highly organized, detail oriented, multi-tasker
Creative problem solver, energetic and persistent
Confident team player, capable of working well independently in ambiguous situations
Prior art experience is not required, but an interest or curiosity in art or other luxury objects is encouraged