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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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Marne Martin
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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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Full-time, on-site
DATE POSTED
November 24, 2024

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

As a Senior Account Executive at Emburse, you will be at the forefront of revolutionizing how organizations manage their corporate expenses and invoices! Our mission is to enhance our users’ lives by automating tedious tasks, giving them the time to focus on what truly matters. Picture yourself engaging with top enterprises like Microsoft and Pinterest, helping them transform their financial processes and elevate their employee experience. You’ll be responsible for the entire sales cycle—from sourcing and qualifying leads to negotiating and closing deals with companies of 500 employees and beyond. Collaborating with seasoned sales leaders, you’ll create and execute strategic territory plans that will allow you to exceed sales goals consistently. Your expertise in the financial SaaS landscape will empower you to develop valuable relationships, present our innovative solutions through engaging demonstrations, and provide insights that help in driving success. With a strong focus on both inbound and outbound leads, you'll work on building a robust pipeline of large-sized businesses while actively participating in essential sales and marketing events. At Emburse, you'll thrive in an environment that encourages creativity in sales strategies, making a genuine impact on our clients’ operations, all while enjoying a competitive base salary and an uncapped commission structure. Join us on this exciting journey to humanize work and help millions streamline their expense management processes!

Frequently Asked Questions (FAQs) for Senior Account Executive, Enterprise Role at Emburse
What does a Senior Account Executive at Emburse do?

A Senior Account Executive at Emburse is responsible for the entire sales cycle, from pipeline sourcing to closing deals with major companies. This role involves articulating the company's solutions, developing territory plans, and using innovative sales strategies to drive revenue growth.

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What qualifications are required for the Senior Account Executive position at Emburse?

To qualify for the Senior Account Executive role at Emburse, candidates should have 8-10 years of experience in selling financial SaaS solutions, particularly to enterprises with over 500 employees. Strong communication skills and a proven track record of closing six-figure deals are also essential.

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How does Emburse support its Senior Account Executives?

Emburse supports its Senior Account Executives by providing a robust sales process, access to significant customer data, and training on innovative sales techniques. The company encourages collaboration with sales leaders to overcome obstacles and achieve targets.

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What industries does Emburse serve as a Senior Account Executive?

As a Senior Account Executive at Emburse, you'll be involved with various industries, focusing primarily on companies ranging from startups to large enterprises such as Microsoft, Bosch, and the Bill & Melinda Gates Foundation. Your role will include understanding their unique AP, expense, and business needs.

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What are the key skills needed for success as a Senior Account Executive at Emburse?

Key skills for success in the Senior Account Executive role at Emburse include strong prospecting abilities, excellent presentation and communication skills, emotional intelligence, and a keen understanding of the financial SaaS landscape, especially related to expense management and AP.

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What is the salary range for a Senior Account Executive at Emburse?

The salary for a Senior Account Executive at Emburse typically starts at $125,000, with opportunities for significant commission earnings based on performance, making it a competitive compensation structure that rewards high achievers.

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What sales methodologies are preferred for the Senior Account Executive role at Emburse?

Emburse values familiarization with sales methodologies such as MEDDPICC and Challenger Sales for their Senior Account Executive role. Experience in these approaches can help in effectively navigating complex sales environments.

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Common Interview Questions for Senior Account Executive, Enterprise
Can you walk us through your sales process as a Senior Account Executive?

When discussing your sales process, emphasize a structured approach that includes lead sourcing, qualification, needs assessment, solution presentation, negotiation, and closing. Mention specific tools or methodologies that enhance your effectiveness.

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How do you manage your pipeline and ensure you meet your sales targets?

To manage my pipeline effectively, I utilize CRM tools to track leads and opportunities, set clear goals for follow-ups, and prioritize tasks based on urgency and importance. I also implement regular reviews to assess progress toward my sales targets.

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Describe a successful negotiation you've conducted in your previous role.

In your answer, provide a specific example, detailing the challenges faced during the negotiation and the tactics you used to arrive at a mutually beneficial outcome. Highlight the importance of listening and adapting to the client's needs.

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What strategies do you use to understand a potential client’s pain points?

I leverage active listening during discovery calls, conduct thorough research on the client’s business model and industry challenges, and ask open-ended questions that encourage them to share valuable insights about their pain points.

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How do you keep yourself updated with industry trends and competitive offerings?

I regularly read industry publications, attend relevant webinars and conferences, and network with professionals in the field. Additionally, I follow competitors to stay aware of their offerings and strategies in the financial SaaS market.

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How would you articulate the benefits of Emburse's solutions to a skeptical client?

I would focus on addressing their specific concerns by providing real-life case studies and data that demonstrate the tangible benefits of Emburse’s solutions. Building trust through transparency and validating their concerns is key.

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How do you approach building relationships with channel partners?

I prioritize open communication and regular meetings with channel partners to understand their needs and objectives. By being responsive and demonstrating how Emburse can align with their goals, I aim to foster strong, mutually beneficial relationships.

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Can you explain your understanding of the expense management landscape?

I have a solid understanding of the expense management landscape, including key components like AP processes, compliance issues, and budgeting challenges. I stay informed about trends affecting businesses' financial operations and strategies for improvement.

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What techniques do you use to increase client engagement during presentations?

I utilize storytelling to illustrate the impact of Emburse’s solutions, engage the audience with interactive elements like Q&A, and tailor presentations based on the audience’s specific interests to maintain their attention and drive engagement.

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How do you handle objections during the sales process?

I embrace objections as opportunities to clarify misunderstandings and provide further information. By actively listening to the client's concerns and responding thoughtfully, I aim to alleviate their doubts and reinforce the value of our solutions.

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