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Account Executive

Cofactr is on a mission to empower those who get the critical work done. We're bridging the gaps left by traditional supply chain management solutions, creating a seamless link between Product Lifecycle Management (PLM) and Manufacturing Execution Systems (MES) through our innovative BOM to Build Platform, specifically tailored for Hardware innovators. Our platform revolutionizes the technical hardware supply chain by ensuring it is precise, efficient, and effortlessly manageable. As a proud member of the Y Combinator W22 cohort, we've seen our revenue grow consistently, supported by substantial venture funding from esteemed VCs, including Bain Capital Ventures.


The Team

At Cofactr, we're committed to fostering efficiency, scalability, and innovation. We are transforming the landscape of hardware manufacturing with our comprehensive ecosystem of supply chain tools, designed to streamline processes and enable new possibilities.


The Role

Our growing Sales team combines deep product and industry knowledge and is focused on bringing Cofactr to an ever-broadening set of businesses. Our thesis is that every OEM and Contract Manufacturer can benefit from better technology to help build resilient supply chains, boost efficiency, and make electronic parts their competitive advantage.


Your focus will be on developing & leading large, complex new enterprise deals and building strong, long-lasting relationships with hardware companies to ensure their success. Furthermore, you'll help shape how we engage, design and build products for the best brands in electronics.



What You’ll Do
  • Identify potential customers and run the end-to-end sales process
  • Build and maintain relationships with OEMs and Contract Manufacturers, from Executives to Electrical Engineering teams and Supply Chain Managers; be viewed as a subject matter expert
  • Work with our Founders and Engineering team to identify gaps in our solutions for OEMs and Contract Manufacturers
  • Manage pipeline and accurately reflect the probability of close


What We're Looking for
  • 1–2 years of inside sales experience and 2–4 years of outside sales experience
  • Experience in a new-revenue role and a strong track record of closing deals with OEMs and/or Contract Manufacturers
  • Strong prospecting, qualifying, and negotiating skills; consultative sales approach with a product-centric mindset
  • Proven ability to interact and articulate complex solutions to all levels of an OEM and/or Contract Manufacturer, across Electrical Engineering and Supply Chain teams
  • Desire to get (more) technical and the ability to learn the ins and outs of Cofactr’s platform and solutions
  • Comfort working across a dynamic team with shifting priorities and project loads, and (re)setting expectations so that you and the team are successful


$80,000 - $100,000 a year
Base + variable OTE

Benefits

-Competitive salary and equity

-100% employee premium coverage of health, dental, and vision plans

-FSA offerings

-401(k) with 4% company matching

-Flexible Time off Policy

-Commuter benefits with a company contribution


We are an equal opportunity employer that values and welcomes diversity. All qualified applicants will receive consideration for employment regardless of race, color, religion, gender, gender identity or expression, sexual orientation, national origin, citizenship or immigration status, genetics, disability, age, or veteran status.


To conform to U.S. Government technology export regulations, including the International Traffic in Arms Regulations (ITAR), you must be a U.S. citizen, lawful permanent resident of the U.S., protected individual as defined by 8 U.S.C. 1324b(a)(3), or eligible to obtain the required authorizations from the U.S. Department of State. Learn more about the ITAR here.


Average salary estimate

$90000 / YEARLY (est.)
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$80000K
$100000K

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What You Should Know About Account Executive, Cofactr

Join Cofactr as an Account Executive and immerse yourself in a dynamic role where you'll empower hardware innovators to maximize their supply chain efficiency. At Cofactr, we are on a mission to bridge the gaps in traditional supply chain management with our innovative BOM to Build Platform. As part of our Sales team, you will leverage your knowledge and expertise to engage with OEMs and Contract Manufacturers, ensuring they understand and can capitalize on our cutting-edge solutions. Your day-to-day will involve identifying potential customers, managing the sales pipeline, and nurturing relationships from the executive level down to Electrical Engineering teams. You’ll work closely with our founders and engineering team, bridging product knowledge and customer needs to enhance our offerings. If you have the drive to close enterprise deals and a passion for technology, this role is a fantastic opportunity to make a significant impact in the hardware manufacturing landscape. We’re looking for candidates with a mix of inside and outside sales experience, strong consultative skills, and a willingness to learn the intricacies of our platform. With a competitive salary range of $80,000 - $100,000 and a comprehensive benefits package, Cofactr values diversity and welcomes applicants from all walks of life. If you're ready to shape the future of hardware supply chains, we want to hear from you!

Frequently Asked Questions (FAQs) for Account Executive Role at Cofactr
What are the responsibilities of an Account Executive at Cofactr?

As an Account Executive at Cofactr, your primary responsibilities include identifying potential customers, managing the entire sales process, and building long-lasting relationships with OEMs and Contract Manufacturers. You'll be expected to engage with stakeholders across various levels, from executives to technical teams, while leveraging your product knowledge to address their needs effectively.

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What qualifications are needed to become an Account Executive at Cofactr?

To qualify for the Account Executive position at Cofactr, candidates should possess 1–2 years of inside sales experience coupled with 2–4 years of outside sales experience. A proven track record of closing deals in the hardware industry, particularly with OEMs or Contract Manufacturers, is essential, along with strong consultative selling skills and a technical aptitude to understand Cofactr's innovative solutions.

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What is the expected salary and benefits for the Account Executive role at Cofactr?

The salary for an Account Executive at Cofactr ranges from $80,000 to $100,000 annually, along with variable on-target earnings. In addition to competitive pay, Cofactr offers an attractive benefits package including 100% premium coverage for health, dental, and vision plans, equity options, a 401(k) plan with company matching, flexible time off policies, and commuter benefits.

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How does Cofactr support the professional growth of its Account Executives?

Cofactr is committed to fostering an environment of continuous learning and professional development for its Account Executives. You'll have opportunities for mentorship from experienced team members, access to training resources, and the chance to collaborate closely with founders and engineering teams, which will enhance your skill set and understanding of complex supply chain solutions.

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What character traits make a successful Account Executive at Cofactr?

A successful Account Executive at Cofactr is characterized by strong communication skills, a consultative approach to sales, and the ability to build rapport with clients. Additionally, a proactive attitude towards learning about products, adaptability to dynamic work conditions, and the drive to close substantial deals are vital traits that contribute to success in this role.

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Common Interview Questions for Account Executive
Can you describe your sales process as an Account Executive?

When discussing your sales process as an Account Executive, focus on how you identify leads, qualify prospects, and build relationships. Describe how you manage your pipeline, adapt to client needs, and work collaboratively with internal teams to close deals successfully.

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How do you approach building relationships with OEMs and Contract Manufacturers?

In your response, emphasize your relationship-building strategies, such as understanding their business needs, regular communication, and follow-ups. Highlight how your consultative sales approach helps you position complex products in a way that addresses their challenges.

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What experience do you have with technical sales in the hardware industry?

Share specific instances where you engaged in technical sales, particularly within the hardware sector. Discuss any unique challenges you faced and how you navigated them, including any technical challenges related to the products you sold.

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How do you handle objections from potential clients?

Demonstrate your ability to handle objections by providing examples of how you actively listen to concerns, empathize with your potential clients, and provide tailored solutions or rebuttals that address their specific hesitations.

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Why are you interested in working for Cofactr as an Account Executive?

Convey your enthusiasm for Cofactr's innovative approach in transforming the hardware manufacturing arena and how you believe your skill set aligns with their mission. Discuss how the company culture and opportunities for growth resonate with your professional aspirations.

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Describe a time you successfully closed a complex deal.

Use the STAR method (Situation, Task, Action, Result) to explain a complex situation where you succeeded in closing a significant deal. Highlight the role you played, any obstacles you overcame, and the impact it had on your previous employer.

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How do you prioritize multiple accounts and manage your time effectively?

Detail your time management and prioritization strategies, including any tools you utilize to stay organized. Discuss how you balance building relationships and meeting sales goals while ensuring customer satisfaction.

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What metrics do you consider important in measuring your sales success?

Discuss metrics like closed deals, revenue growth, conversion rates, and customer retention. Explain how these metrics help you evaluate your performance and guide your approach to continually enhance your sales strategies.

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How do you stay informed about industry trends and technologies?

Mention the resources you use, such as industry publications, networking events, and online communities. Explain how staying updated allows you to leverage new information in your sales efforts and engage clients effectively.

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What role do you think teamwork plays in achieving sales targets?

Express the importance of collaboration within a sales team, citing examples of how sharing insight, supporting one another, and working with product and engineering teams can lead to more comprehensive solutions for customers and ultimately help achieve sales targets.

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Cofractr allows users to secure physical storage, specialized electronics handling facilities, centralized parts procurement, and cloud-based inventory management let you scale your production without scaling your physical infrastructure or headco...

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Full-time, on-site
DATE POSTED
April 11, 2025

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