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Senior Account Executive, Enterprise

At Emburse our mission is to help make our users’ lives – and their businesses – better. We are dramatically transforming how organizations manage corporate expenses and invoices. We humanize work by automating manual tasks and saving users’ time, so they can focus on what matters most – their family, community, or more rewarding work. We help CFO’s give their employees a simple and amazing experience while ensuring compliance and reducing costs. Our solutions are tailored for companies from start-ups and SMBs to enterprises such as Microsoft, Pinterest, Bosch, Bill & Melinda Gates Foundation, and Estee Lauder. We have more than 18,000 customers and 12 million users globally.


Account Executives will focus on finding and closing deals with companies over 500+ employees in size.  Through a defined sales process and partnership with key sales leaders, Account Executives and Senior Account Executives will strive to meet and exceed quarterly and annual sales goals. 


Essential Functions
  • Responsible for all aspects of the sales cycle, from pipeline sourcing and qualifying to negotiating and closing 
  • Articulate the company's service, benefits, and processes to potential clients through all outlets (phone, email, online meetings, and in-person) 
  • Develop a strong understanding of the territory, competitive offerings, and marketplace.  Responsible for developing and executing a strategic territory plan 
  • Create and execute sales strategies to grow revenues within the customer base as well as through new customer acquisition 
  • Develop influential relationships and sales leads through partner/channel and other open networking efforts 
  • Effectively demonstrate Emburse SaaS solutions with strong presentation skills 
  • Effectively lead sales opportunities throughout the entire sales process 
  • Collaborate with sales management on sales opportunities and obstacles 
  • Promote partner sales development efforts by meeting and communicating with Channel Partners regularly 
  • Participate in company-organized sales and marketing events as required 
  • SME in Expense Management 
  • Work both inbound and outbound leads to generate a robust pipeline of large-size businesses 
  • Present Emburse's solutions via web presentation to potential clients 
  • Learn and develop new, creative sales techniques and strategies 
  • Position yourself to understand the AP, Expense and Business needs of a Mid Market/Enterprise level business as assigned 
  • Meet or exceed monthly sales targets according to sales plan 
  • Maintain an adequate number of new prospect meetings and continuously building pipeline to exceed quarterly and annual business objectives 
  • Participate in weekly sales meetings and articulate market feedback to management 
  • Assess market opportunities and develop territory plan to meet revenue objectives 
  • Range of $750K-$1.3M Yearly Quota 


Education
  • Preferred: Undergraduate College Degree, equivalent years of relevant experience may be substituted for Undergraduate College Degree


Experience - Required
  • Minimum of 8-10 years of experience selling financial SaaS solutions to companies with a minimum of 500 employees; preference for experience in selling  to companies with 1000-5000+ employees 
  • Proven track record of closing six-figure ARR license deals 


Experience - Preferred
  • Proven track record of consistently finishing above annual quota 
  • Knowledge of travel and expense and/or AP/Payments management industry highly preferred 
  • Experience selling to finance personas
  • Experience with MEDDPICC, Challenger Sale 


Additional Eligibility Qualifications
  • Strong prospecting skills 
  • Ability to set, manage and document agreed outcomes of successful meetings 
  • Keen curiosity about businesses, how they work and specifically AP/Finance/Expense operations 
  • Strong presentation skills 
  • Excellent communication skills, including one on one, small virtual setting and in front of a larger group 
  • Ability to analyze processes to determine the best solution fit 
  • Technology skills and the proven ability to use email, Zoom, SFDC, other sales tools as needed to increase sales efficiency 
  • Comfort professionally pushing back on and negotiating with customer to drive a better deal/outcome for Emburse 
  • Ability to work with internal and external partners to a mutually agreed outcom 
  •  Communication 
  •  Attention to Detail 
  • Time Management 
  • Emotional Intelligence 
  • Active Listening 
  • Sales Execution Resourcefulness 
  • Discover Issues, Needs and Pain Points 
  • Quantify and Articulate Value 
  • Overcome Objections  
  • Prospecting (research and outreach) 
  • Solution Development 
  • Establish Executive Sponsorship  
  • Negotiation 
  • Upselling and cross-selling 
  • Data Analysis 
  • Relationship Building


$125,000 - $125,000 a year

Emburse provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability or genetics. In addition to federal law requirements, Emburse complies with applicable state and local laws governing nondiscrimination in employment in every location where the company has facilities. This policy applies to all terms and conditions of employment.

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CEO of Emburse
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Average salary estimate

$125000 / YEARLY (est.)
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$125000K
$125000K

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What You Should Know About Senior Account Executive, Enterprise, Emburse

At Emburse, we're on a mission to enhance the lives of our users while reshaping how organizations handle corporate expenses and invoices. As a Senior Account Executive, Enterprise, you will play a vital role in this transformation by connecting with businesses that have over 500 employees. You’ll dive into a defined sales process and work closely with our sales leaders to achieve quarterly and annual sales goals. Your responsibility encompasses the entire sales cycle, from sourcing potential leads to negotiating lucrative deals. You'll articulate our innovative solutions across various communication platforms, showcasing how our services can save time and reduce costs for companies like Microsoft and Estee Lauder. Your deep understanding of the marketplace, competitive offerings, and your strategic territory planning will be crucial in building influential relationships and successfully closing deals. Engaging presentations of Emburse's SaaS solutions and collaborating with sales management will be part of your daily routine. You are expected to take initiative in both inbound and outbound sales leads, consistently expanding your pipeline of substantial clients. All this excitement comes with a competitive salary and a supportive work environment where your contributions are valued. If you have a passion for sales and a knack for building relationships, mixing strategy with creativity, you'd fit right in with our enthusiastic team at Emburse!

Frequently Asked Questions (FAQs) for Senior Account Executive, Enterprise Role at Emburse
What is the role of a Senior Account Executive at Emburse?

The Senior Account Executive at Emburse is responsible for managing the complete sales cycle for large businesses, focusing on pipeline sourcing, qualifying leads, and closing deals. This entails engaging clients through various communication channels to explain Emburse's value proposition and solutions effectively.

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What experience is required for a Senior Account Executive position at Emburse?

Candidates for the Senior Account Executive position at Emburse should preferably have 8-10 years of experience selling financial SaaS solutions to larger organizations, particularly those with 500 to over 1000 employees. A proven track record of closing six-figure ARR deals is highly desired.

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How does Emburse support its Senior Account Executives in achieving sales goals?

Emburse empowers its Senior Account Executives with a defined sales process, strategic planning, and regular collaboration with sales management. Additionally, there is room for professional development through participation in sales and marketing events.

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What types of companies does a Senior Account Executive at Emburse typically target?

As a Senior Account Executive at Emburse, you'll be targeting enterprise-level clients with 500 or more employees. Our current customer base includes notable companies such as Microsoft, Bosch, and the Bill & Melinda Gates Foundation.

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What skills are essential for a Senior Account Executive at Emburse?

Essential skills for a Senior Account Executive at Emburse include strong prospecting abilities, excellent communication and presentation skills, a keen understanding of financial operations, and the capacity to negotiate effectively to achieve mutually beneficial outcomes.

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What is the earning potential for a Senior Account Executive at Emburse?

The annual salary for a Senior Account Executive at Emburse is competitive, starting at around $125,000. This may be complemented by commission and performance-based incentives according to sales achievements.

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What does the sales process look like for a Senior Account Executive at Emburse?

The sales process for a Senior Account Executive at Emburse involves everything from pipeline sourcing and qualifying leads to negotiating and closing contracts. It emphasizes relationship building and understanding the needs of the clients to provide tailored solutions.

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Common Interview Questions for Senior Account Executive, Enterprise
What strategies do you use to identify potential clients?

To identify potential clients, I use a combination of market research, networking events, and leveraging existing relationships. Additionally, I analyze industry trends to pinpoint businesses that would benefit from our services at Emburse.

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Can you explain your experience with long sales cycles?

I have managed long sales cycles by maintaining consistent communication with p clients, addressing their questions, and providing valuable insights throughout the process. This approach helps build trust and ensures that I can close deals when the time is right.

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Describe a challenging sales deal you successfully closed.

I once worked on a six-figure deal with a large enterprise that had various stakeholders involved. I navigated through their complex decision-making process by understanding their key pain points, aligning our solutions, and providing tailored presentations to each stakeholder until the deal was finalized.

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How do you prioritize your sales leads?

I prioritize my sales leads based on potential revenue, alignment with our target market, and timely opportunities. I utilize CRM tools to evaluate and categorize leads, ensuring I focus on those with the highest impact first.

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What techniques do you employ during client presentations?

During client presentations, I focus on storytelling to convey how our solutions solve their specific pain points. I include real-life case studies and encourage interactive discussions, which creates a compelling narrative around our offerings at Emburse.

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How do you handle objections from potential clients?

I handle objections by actively listening to the client's concerns and addressing them with relevant information and examples. I maintain a problem-solving mindset to showcase how our solutions can overcome their hesitations.

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What role does collaboration play in your sales process?

Collaboration is vital to my sales process. I regularly engage with sales management and relevant departments to tune into market feedback and improve our pitching strategies, ensuring we are all aligned for successful closures.

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What is your approach to maintaining client relationships?

I believe in building strong relationships by staying engaged post-sale through regular check-ins. I also ensure that I provide value by sharing relevant resources and updates about Emburse's new offerings, keeping clients informed and satisfied.

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Can you share an example of how you met or exceeded a sales target?

In my previous role, I exceeded my sales target by 30% by researching the market thoroughly, effectively managing my time, and deploying targeted campaigns that resonated with potential clients, leading to a surge in inquiries.

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How do you stay motivated during tougher sales periods?

During challenging sales periods, I stay motivated by focusing on my long-term goals, maintaining a positive mindset, and regularly revisiting my sales strategies to seek opportunities for improvement and innovation.

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Emburse humanizes work by empowering business travelers, finance professionals and CFOs to eliminate manual, time-consuming tasks so they can focus on what matters most.

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DATE POSTED
November 25, 2024

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