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Senior Key Account Manager

About PayU 

PayU, a leading payment and Fintech company in 50+ high-growth markets throughout Asia, Central and Eastern Europe, Latin America, the Middle East and Africa, part of Prosus group, one of the largest technology investors in the world is redefining the way people buy and sell online for our 300.000+ merchants and millions of consumers. 


As a leading online payment service provider, we deploy more than 400 payment methods and PCI-certified platforms to process approximately 6 million payments every single day. 


PayU South Africa is looking for an experienced Key Account Manager who has exceptional experience in payments and e-commerce to support in driving the expansion of the product offering in country and reach the overall business goal.


The Key Account Manager is responsible for developing, maintaining, and improving relationships with medium and large merchants, while achieving annual sales and profit growth targets. Along with merchants, the Key Account Manager will draft and implement action plans to address mutually defined goals and expectations. The Key Account Manager’s core focus will be on high-value customers demonstrating strategic profitable growth opportunities.

 

Excited yet? Continue reading to find out more about the role:


What you’ll be doing:
  • Up-selling and cross-selling a wide range of PayU products based on merchant needs and strategic objectives,
  • Designing a strategic plan for merchants in your portfolio to ensure profitability and permanence over time.
  • Achieving the assigned sales quota in a designated portfolio and meeting expectations for profitability.
  • Managing internal projects with key stakeholders and collaborating closely with cross-functional teams, including Risk, Pricing, Legal & Compliance, Integration, Operations, Technology, and Product.
  • Maintaining end-to-end ownership for assigned accounts.
  • Ensuring account performance in terms of sales, profitability, quality, and service, while completing strategic customer account plans that align with company standards and prevent merchant churn.
  • Maintaining high customer satisfaction ratings that meet company standards.
  • Building and maintaining product knowledge by keeping abreast of product enhancements and the latest industry trends, and providing feedback to product and sales management.
  • Working with cross-functional teams to ensure service quality and timely deliverables.
  • Analyzing customer payment data frequently to provide clear and valuable market and consumer insights.


What are we looking for?
  • 7+ years of relevant experience in Sales/Key Account Management B2B.
  • Experience in e-payments, fintech or ecommerce sector.
  • Experience in budget management, forecasting, pricing, account profitability reviews.
  • A strategic mindset and the ability to identify business opportunities in highly competitive, mature markets by understanding customer context, uncovering customer key performance indicators, articulating customer objectives, and adding value to partnerships.
  • Understanding  customers’ value drivers with  ability to reframe and change the view customers view their business.
  • Proficiency in English, both written and verbal.


What we offer:
  • Truly International Environment with almost 40 different cultures, 
  • Free subscription to an Internal eLearning platform with courses from Udemy,  Coursera, and many others,  
  • Flexible program and hybrid way of working, 
  • An inclusive environment that ensures we listen to a diverse range of voices when making decisions, 
  • Wellbeing programs driven by our Local and Global HR teams, 
  • A positive, get-things-done workplace, 
  • A dynamic, constantly evolving space (change is par for the course – important you are comfortable with this), 
  • Ability to learn cutting edge concepts and innovation in an agile start-up environment with a global scale,
  • A democratic work environment where you can drive your outcomes. 


About us

At PayU, we are a global fintech investor and our vision is to build a world without financial borders where everyone can prosper. We give people in high-growth markets the financial services and products they need to thrive. Our expertise in 18 high-growth markets enables us to extend the reach of financial services. This drives everything we do, from investing in technology entrepreneurs, to offering credit to underserved individuals, to helping merchants buy, sell and operate online. Being part of Prosus, one of the largest technology investors in the world, gives us the presence and expertise to make a real impact. Find out more www.payu.com 


Our Commitment To Building A Diverse And Inclusive Workforce 

As a global and multi-cultural organization with varied ethnicities thriving across locations, we realize that our responsibility towards fulfilling the D&I commitment is huge. Therefore, we continuously strive to create a diverse, inclusive and safe environment, for all of our people, communities and customers. Our leaders are committed to create an inclusive work culture which enables transparency, flexibility and unbiased attention to each and every PayUneer so they can succeed, irrespective of gender, color or personal faith. An environment where every person feels they belong, that they are listened to, and where they are empowered to speak up. At PayU we have zero tolerance towards any form of prejudice whether a specific race, ethnicity, or of persons with disabilities or the LGBTQ communities. 

Average salary estimate

$110000 / YEARLY (est.)
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What You Should Know About Senior Key Account Manager, PayU GPO

Join PayU as our Senior Key Account Manager in Cape Town! If you're passionate about payments and e-commerce and have been building long-lasting relationships with merchants for years, this could be the perfect fit for you. At PayU, we're a leading fintech company redefining online buying and selling across the globe. Your role will focus on nurturing medium and large merchant accounts, ensuring that they thrive with our extensive portfolio of financial solutions. By up-selling and cross-selling our diverse range of products, you'll design strategic plans tailored to each merchant's needs, contributing to both their success and ours. Collaborating closely with internal teams including Risk, Operations, and Product, you will drive end-to-end ownership of accounts while achieving impressive sales goals. Your insights into customer payment data will be essential in keeping our offerings aligned with market trends. We're looking for someone with over 7 years of B2B sales or key account management experience, particularly in e-payments or fintech, who can navigate competitive landscapes and uncover new business opportunities. If you're ready to empower our merchants and lead the charge in a flexible, dynamic environment, we'd love to hear from you. You’ll thrive in our inclusive workplace culture that champions diversity and innovation. Join us at PayU and help shape the future of financial services!

Frequently Asked Questions (FAQs) for Senior Key Account Manager Role at PayU GPO
What responsibilities do Senior Key Account Managers at PayU have?

As a Senior Key Account Manager at PayU, you'll be responsible for developing and maintaining relationships with medium and large merchants, driving their success with our product offerings. Your responsibilities will include designing strategic plans, managing sales quotas, ensuring accountability, and closely collaborating with cross-functional teams to optimize account performance.

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What qualifications are required for a Senior Key Account Manager at PayU?

To qualify for the Senior Key Account Manager position at PayU, candidates should possess over 7 years of experience in B2B sales or key account management, preferably within the e-payments or fintech sectors. A strong understanding of budget management, profitability reviews, and the ability to identify strategic business opportunities in competitive markets are essential.

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What does a typical workday look like for a Senior Key Account Manager at PayU?

A typical workday for a Senior Key Account Manager at PayU involves a mix of strategic planning, client meetings, and collaboration with various internal departments. You'll engage with merchants to understand their needs, analyze payment data for market insights, and work on up-selling opportunities while ensuring high levels of customer satisfaction.

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How does the Senior Key Account Manager contribute to PayU's business goals?

The Senior Key Account Manager plays a crucial role at PayU by aligning merchants' objectives with the services we provide, thereby contributing to annual sales and profit growth. By leveraging insights and maintaining strong relationships, you help drive the performance of high-value clients, which in turn promotes overall business growth.

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What kind of work environment can a Senior Key Account Manager expect at PayU?

At PayU, the work environment is dynamic, inclusive, and flexible, with opportunities for learning and innovation. Senior Key Account Managers are encouraged to embrace change, collaborate with international teams, and contribute to a culture that values diverse voices and perspectives.

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Common Interview Questions for Senior Key Account Manager
Can you describe your approach to managing key accounts?

To manage key accounts effectively, I focus on understanding the specific needs of each client, fostering strong relationships, and regularly analyzing performance data to identify growth opportunities. My strategic planning ensures that both the merchant’s goals and PayU's objectives are met.

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What methods do you use to up-sell and cross-sell products?

I utilize data-driven insights and customer feedback to tailor my approach. By identifying specific needs and showing how additional products can enhance their success, I create compelling proposals that resonate with merchants.

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How do you handle conflict with a merchant?

When conflicts arise, I prioritize open communication and active listening to understand the merchant's perspective. I aim to resolve issues collaboratively by identifying solutions that align with both their needs and our company policies.

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What experience do you have with budget management and forecasting?

I have extensive experience in budget management, having developed forecasts based on market trends, historical data, and client potential. I ensure budgets align with strategic goals while monitoring account profitability closely.

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How do you stay updated with industry trends in fintech and e-payments?

I stay informed through industry publications, webinars, and professional networks. Networking with industry peers and attending conferences also helps me understand emerging trends, allowing me to bring innovative ideas to client interactions.

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What role does data analysis play in your account management strategy?

Data analysis is crucial in my strategy. It helps me track account performance, understand consumer behavior, and pinpoint areas for improvement. I leverage these insights to create tailored action plans that address both customer needs and business goals.

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How do you ensure high customer satisfaction levels?

I prioritize proactive communication and regular check-ins with clients, ensuring they're engaged and their needs are met. I use feedback to continuously improve our offerings and establish a trusting relationship that fosters long-term loyalty.

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Describe a time when you turned around a failing account.

In a previous role, I reassessed a merchant's needs by conducting an in-depth analysis and identifying gaps in service. By implementing a tailored action plan that included regular updates and new product offerings, I regained their trust and improved their satisfaction significantly.

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How do you prioritize your accounts?

I prioritize accounts based on their potential for growth, strategic importance, and current performance metrics. This helps me allocate resources effectively and focus my efforts where they will have the most significant impact.

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What strategies do you implement to drive sales growth in competitive markets?

I focus on identifying unique selling propositions, understanding competitor strengths and weaknesses, and tailoring solutions to meet specific merchant needs. Building relationships and demonstrating value are key to driving sales growth in competitive landscapes.

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DATE POSTED
April 6, 2025

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