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Director, Account Management

Team Description 

Pendo is looking for a Director, Account Management.

As Director, you will be responsible for running a team of Account Managers. As the front line leader of the team, you are responsible for the collective revenue target of the team. You will hire, grow, and develop AM talent, assist with contract and pricing negotiations, and represent Pendo in executive presentations. You will be responsible for accurately forecasting for the team, to be delivered weekly to the AVP of Account Management, which will then be delivered to the SVP of Global Commercial Sales. As Director, you are accountable for creating and executing a plan to hit your revenue goals. With the full support of the company, you are expected to consistently deliver on your revenue goals. You will be surrounded by a world-class team from whom you will learn; our ideal candidate will bring a fresh perspective from which the existing team can learn. We are looking for candidates who are passionate about building and developing world-class sales teams and who embody our Core Values.

Role Responsibilities 

  • Project and forecast bookings for your team
  • Build and execute strategic plan for your team
  • Train and grow talent to advance in their careers
  • Learn and demonstrate the Pendo platform to existing customers
  • Exhibit & reinforce the core values of Pendo and the sales team
  • Coach new sales reps in all aspects of the sales process (disco, demo, trial, pricing, etc)
  • Assist in recruiting and hiring
  • Successfully utilize and train on sales tech tools

Minimum Qualifications 

  • Prior Sales management and leadership experience 
  • Consistent track record of hitting goal and numbers
  • Passion for leading and developing others
  • Possess a solid understanding of SaaS metrics
  • Previously owned and forecasted a number
  • Managed sales teams in size from 5 to 10 people
  • Willingness to learn in a high paced sales environment
  • Ability to embrace feedback and hold yourself accountable
  • The ability to learn technology basics and apply them to business situations

Preferred Qualifications 

  • Technical or Product Management background
  • Entrepreneurial background

Pendo Description:

Pendo was founded in 2013 by former product managers, who combined their heads and hearts to build something they wanted but never had as product managers -- a simple way to understand and attack what truly drives product success.  Our mission is to improve society's experience with software.

Come join one of the fastest-growing startups, supported by best-in-class institutions like Battery Ventures, Salesforce Ventures, Spark Capital and Meritech. You will gain experience in a diverse and exciting set of technologies and clients and have a real impact on Pendo's future. Our culture is passionate, dynamic, and fun.

EEOC

We are an equal opportunity employer and believe having diverse teams where everyone brings their whole self to Pendo is key to our success. We welcome all people of different backgrounds, experiences, abilities and perspectives.

Accessibility

Pendo is committed to working with, and providing access and reasonable accommodation to, applicants with mental and/or physical disabilities. If you think you may require an accommodation for any part of the recruitment process, please send a request to: accommodation@pendo.io. All requests for accommodations are treated discreetly and confidentially, as practical and permitted by law.

Compensation

Our salary ranges are based on paying competitively for our size and industry, and are one part of many compensation, benefits and other reward opportunities we provide.

The expected salary range for this role to be performed in the United States is $235,000-$290,000 (OTE with 50/50 split)

Individual pay rate decisions, including offers made within and over the expected salary range, are based on a number of factors, including qualifications for the role, experience level, skillset, and balancing internal equity relative to peers at the company.

#LI-CS1

Average salary estimate

$262500 / YEARLY (est.)
min
max
$235000K
$290000K

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 Director, Account Management, Pendo

Are you ready to lead a fantastic team and drive real success at Pendo? We’re on the lookout for a Director of Account Management who can spearhead our talented group of Account Managers in either Raleigh, NC, or New York, NY. In this pivotal role, you’ll not only forecast and manage bookings for your team but also play a crucial part in shaping the future of our customer relationships. Your responsibilities will include helping negotiate contracts and pricing, showcasing Pendo’s innovative platform, and representing our brand in high-stakes executive presentations. You will develop a strategic plan to help your team achieve their revenue goals and have the full backing of a passionate company that thrives on collaboration and development. If you have a proven track record in sales management, a desire to mentor and grow other talents, and a knack for understanding SaaS metrics, you might be the perfect fit! At Pendo, we’re committed to improving the software experience and fostering a culture that celebrates diverse backgrounds and perspectives. With your leadership, we believe we can do even better. Come be part of a fast-growing company that’s determined to change the world of product management and software development!

Frequently Asked Questions (FAQs) for Director, Account Management Role at Pendo
What does a Director of Account Management do at Pendo?

As the Director of Account Management at Pendo, you will lead a team of Account Managers, ensuring they meet collective revenue targets, forecast bookings accurately, and develop strong customer relationships. This position requires strategic planning, hiring, and mentoring of talent within the team.

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What qualifications are needed for the Director of Account Management position at Pendo?

Candidates for the Director of Account Management role at Pendo should have prior sales management experience, a consistent history of meeting goals, and a solid grasp of SaaS metrics. A willingness to learn and develop others is critical.

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How does Pendo ensure success for the Director of Account Management?

Pendo is dedicated to creating an environment where the Director of Account Management has ample support and resources. With continuous training and a collaborative culture, you will be empowered to execute your strategic plans and achieve your revenue goals.

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Is previous experience in a SaaS company important for the Director of Account Management role at Pendo?

While not strictly necessary, having a background in SaaS is highly beneficial for the Director of Account Management position at Pendo. It enables you to better understand the industry-specific challenges and metrics that will help drive success for your team.

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What makes Pendo's company culture unique for a Director of Account Management?

Pendo’s culture is dynamic, passionate, and fun, promoting diversity and inclusion. As a Director of Account Management, you'll thrive in an environment that values different perspectives, enabling you to lead with creativity and innovation.

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What are the main responsibilities of the Director of Account Management at Pendo?

The main responsibilities include managing a team of Account Managers, driving revenue through strategic planning, training, contract negotiations, and presenting to executives. This role is pivotal in achieving the overall business objectives of Pendo.

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How can I apply for the Director of Account Management role at Pendo?

To apply for the Director of Account Management position at Pendo, you should visit their careers page, where you can find additional information and submit your application, showcasing your relevant experience and enthusiasm for the role.

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Common Interview Questions for Director, Account Management
How do you approach lead forecasting as a Director of Account Management?

When forecasting leads, start by gathering historical data, setting realistic yet ambitious targets, and analyzing market trends. Be prepared to communicate how you utilize technology tools to streamline this process.

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What strategies do you use to motivate your Account Management team?

To motivate my Account Management team, I believe in recognizing achievements, providing continuous training, fostering open communication, and aligning individual goals with team objectives. Demonstrating that their success directly impacts the company's growth is key.

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Can you give an example of how you handled a challenging negotiation?

One effective approach for handling challenging negotiations is to enter with a clear understanding of your objectives and the other party’s needs, aiming for a win-win outcome. Use data and empathetic listening to strengthen your position and negotiate successfully.

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How do you ensure your team stays updated on Pendo’s products?

Ensuring that my team stays updated on Pendo’s products involves regular training sessions, encouraging knowledge sharing within the team, and fostering collaboration with product teams for insights on new features and updates.

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What do you think is the key to developing a successful sales strategy?

Developing a successful sales strategy revolves around understanding customer needs, setting measurable objectives, leveraging data analytics for market trends, and ensuring alignment with the overall business strategy. Continuous evaluation and adaptation are crucial.

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Describe your experience with coaching new sales reps.

Coaching new sales reps involves providing structured training on product knowledge and sales techniques, as well as offering continuous feedback. I believe in setting clear expectations and pairing them with experienced team members for mentorship.

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How do you handle underperforming team members?

Handling underperforming team members requires open communication to understand the challenges they are facing, providing targeted training and resources, and setting clear performance improvement plans with defined goals and timelines.

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What metrics do you prioritize for measuring your team's performance?

I prioritize metrics such as revenue growth, customer retention rates, conversion rates, and team engagement scores to measure performance. These metrics help in understanding the team’s health and areas that need improvement.

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How do you align your team with company values?

Aligning my team with company values involves regularly referencing those values in team meetings, exemplifying them in my behavior, and incorporating them into performance reviews. It helps instill a culture that celebrates ethical conduct and teamwork.

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What experience do you have with sales tech tools?

I have extensive experience with various sales tech tools, including CRM software, analytics platforms, and marketing automation systems. I regularly train my team to ensure they leverage these tools effectively to enhance sales processes and performance.

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DATE POSTED
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