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Expansion Business Development Representative


The Business Development Representative (BDR), Expansion role is a high impact position that will be joining our rapidly growing sales team to help upsell/cross sell into an existing customer base for our SaaS accounting solution. We are looking for motivated individuals who are determined to add value and are driven by team wins and sales commissions.  Our solution is targeted at those responsible for the finance and accounting functions within organizations of all types and sizes.  We call on key client stakeholders within the office of the Chief Financial Officer (CFO). If you are looking to advance your career, this role will serve as the foundation for an exciting pathway into sales.


 *Visa sponsorship is NOT available at this time


What You'll Do:
  • Monitor overages, uncover growth opportunities and create outreach strategies to build rapport with senior level executives within our existing customer base.
  • Develop and maintain an effective level of understanding of the barriers our clients face while strategizing and identifying solutions for FloQast to help resolve them.
  • Utilize all available means to create robust and effective prospecting lists (including internet sources, social media, referrals, and inbound leads).
  • Build effective outbound communication strategies for sales prospecting including phone outreach, email, social media etc.
  • Meet or exceed daily/weekly activity targets for: Conversations with key influencers and decision makers via outbound communication efforts; Scheduling and conducting introductory qualifying calls; Converting qualified prospects to scheduled demos for Account Managers.
  • Track progress and document activities in Salesforce automation systems.
  • Effectively work cross functionally with stakeholders, including Account Managers, Marketing, Sales and Customer Success.
  • Any other tasks that may be assigned to help the company meet its goals.


What You'll Bring:
  • 2+ years in a customer facing role OR prior audit/accounting experience or related field with the interest of starting your career in sales.
  • Demonstrated ability and desire to learn new concepts.
  • Eager to be coached.
  • Commitment to self-improvement and success.
  • Team player with a collaborative orientation.
  • Ability to remain organized and execute in a fast-paced environment.
  • Tenacious and committed to exceeding targets.
  • Excellent verbal and written communication skills.
  • Competitive, ambitious and driven, with a self-starter attitude.
  • Interested in starting a sales career, or having demonstrated sales experience in previous types of roles. 
  • Cold calling and/or Salesforce.com experience a plus but not required


#LI-SB1

#LI-Remote



The base pay for this position is $60,000. This position is eligible for a commission plan in addition to base pay with an OTE of $85,000. Compensation is not limited to base salary. FloQast values our Total Rewards, and offers a competitive and elaborate Benefits Package including, but not limited to, Medical, Dental, Vision, Family Forming benefits, Life & Disability Insurance, Unlimited Vacation, and participation in our Employee Stock Program. FloQast reserves the right to amend, change, alter, and revise pay ranges and benefits offerings at any time. All applicants acknowledge that by applying to this position you understand that this specific pay range is contingent upon meeting the qualifications and requirements of the role, and for the successful completion of the interview selection and process. It is at the Company's discretion to determine what pay is provided to a candidate within the range associated with the role.

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Average salary estimate

$72500 / YEARLY (est.)
min
max
$60000K
$85000K

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 Expansion Business Development Representative, FloQast

Are you ready to kickstart your career in sales and make a real impact? Join FloQast as an Expansion Business Development Representative, and you'll be part of our dynamic sales team driving growth through upselling and cross-selling our innovative SaaS accounting solution. In this remote role, your mission will be to connect with key stakeholders in finance, particularly those working closely with the Chief Financial Officer. You'll dive deep into our existing customer base, monitoring accounts, uncovering growth opportunities, and crafting outreach strategies to build meaningful relationships. The ideal candidate has at least 2 years of experience in a customer-focused role or brings a strong background in audit or accounting. We value team players eager to learn and exceed their targets. Your daily activities will include not just reaching out via phone and email, but also engaging executives through social media and tracking progress in Salesforce. What’s more, if you are ambitious, competitive, and driven by success, this role will position you perfectly for a rewarding career within FloQast. Plus, we offer attractive compensation with an OTE of $85,000, alongside a robust benefits package that includes unlimited vacation and an employee stock program. Take this opportunity to advance your career and make a difference with us!

Frequently Asked Questions (FAQs) for Expansion Business Development Representative Role at FloQast
What are the responsibilities of an Expansion Business Development Representative at FloQast?

As an Expansion Business Development Representative at FloQast, you will be tasked with upselling and cross-selling our SaaS accounting solution to existing customers. Your responsibilities include monitoring account overages, creating outreach strategies to connect with senior executives, and maintaining effective prospecting lists. Additionally, you'll need to schedule qualifying calls and track your activities using Salesforce. Being proactive in identifying client needs and strategizing solutions is crucial in this high-impact role.

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What qualifications do I need to become an Expansion Business Development Representative at FloQast?

To qualify for the Expansion Business Development Representative role at FloQast, you should have at least 2 years of experience in a customer-facing position, or relevant experience in audit or accounting. Characteristics like a collaborative spirit, excellent communication skills, and the ambition to excel in sales are essential. A genuine commitment to self-improvement and being a tenacious team player will undoubtedly help you succeed in this role.

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What skills are important for an Expansion Business Development Representative at FloQast?

Key skills for an Expansion Business Development Representative at FloQast include excellent verbal and written communication, the ability to build rapport with senior-level executives, and organizational prowess in executing tasks in a fast-paced environment. Familiarity with Salesforce or cold calling experiences can be advantageous, but what's most important is your eagerness to learn and adapt, along with a strong drive to exceed targets.

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What is the compensation package for the Expansion Business Development Representative at FloQast?

The base salary for the Expansion Business Development Representative at FloQast starts at $60,000, with the potential to earn commissions that raise your total compensation to an On Target Earnings (OTE) of approximately $85,000. FloQast offers an attractive benefits package, including unlimited vacation, medical and dental coverage, family forming benefits, and participation in our Employee Stock Program, making it a competitive choice in the job market.

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What opportunities for career advancement exist for Expansion Business Development Representatives at FloQast?

At FloQast, the Expansion Business Development Representative role is designed as a launching pad for a successful sales career. High performers have the opportunity to advance into Account Manager positions or other advanced sales roles as they gain experience and demonstrate their capabilities. With a strong focus on professional development and a supportive team environment, your career growth potential is significant at FloQast.

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Common Interview Questions for Expansion Business Development Representative
How do you handle objections during a sales call?

To effectively handle objections during a sales call as an Expansion Business Development Representative, listen attentively to the client's concerns. Acknowledge their objections, offer clarifications that align with their needs, and present compelling solutions to showcase how FloQast can address their specific challenges. Being empathetic and knowledgeable will help build trust and improve the likelihood of converting them into a scheduled demo.

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Can you describe a time you successfully upsold to a customer?

When asked to describe a successful upselling experience, focus on a situation where you identified a customer’s unmet needs and presented an additional product or service that provided clear value. Explain the approach you took to communicate the benefits and how you built rapport, leading to a successful outcome. This shows your ability to connect with clients and understand their business.

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What strategies do you use for prospecting new clients?

For prospecting new clients as an Expansion Business Development Representative, leveraging diverse channels is key. I utilize social media, referral networks, and inbound leads, along with traditional cold calling and email outreach. Ensuring that my prospect list is robust and segmented allows tailored communication, leading to higher engagement and conversion rates.

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How do you prioritize your daily activities?

Prioritizing daily activities as an Expansion Business Development Representative involves assessing urgency and impact. I start by identifying key outreach targets in the existing customer base and aligning my efforts towards activities that lead to scheduled demos. Using tools like Salesforce for tracking ensures I stay organized and focused on my sales goals.

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What motivates you to succeed in a sales role?

My motivation in a sales role comes from the thrill of making meaningful connections and positively impacting customers' businesses. Additionally, the challenge of hitting targets and the reward of a commission structure drives my competitive spirit. I thrive in environments that celebrate team wins and collaboration, which aligns perfectly with FloQast’s culture.

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How do you adapt your communication style to different clients?

Adapting communication styles is crucial as an Expansion Business Development Representative. I assess the client’s preferences and adjust my tone, pace, and level of detail accordingly. By being flexible and intuitive, I ensure that my interactions feel natural and resonate with the client, which enhances engagement and strengthens relationships.

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Can you tell us about your experience using Salesforce?

When discussing experience with Salesforce, highlight how you’ve used the platform for tracking customer interactions, managing leads, and documenting progress toward sales goals. Discuss specific features you’ve leveraged, such as reporting functions that help analyze performance, as this showcases your proficiency with tools vital for the Expansion Business Development Representative role.

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What do you understand about the SaaS industry and FloQast’s offerings?

Understanding the SaaS industry involves recognizing trends like scalability, subscription models, and customer-centric solutions. In relation to FloQast, emphasize the importance of our accounting solution in streamlining financial processes for clients. Displaying knowledge of how FloQast addresses common pain points in finance will help illustrate your alignment with the company's mission.

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How do you plan and track your outreach initiatives?

Planning and tracking outreach initiatives as an Expansion Business Development Representative starts with creating a structured schedule that includes daily and weekly goals. I utilize Salesforce to log interactions and track metrics such as response rates and follow-up tasks, ensuring I continually analyze what works best and adapt my strategy for future outreach.

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What is your approach to building relationships with key stakeholders?

Building relationships with key stakeholders requires a strategic approach that combines genuine engagement and consistent communication. I focus on understanding their needs by asking insightful questions and actively listening, which helps in developing tailored solutions that resonate with their objectives. Establishing trust and credibility is fundamental to fostering long-lasting professional relationships.

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FloQast built a cloud-based software that helps manage accounting departments by centralizing the workflow, assigning tasks, supporting documentation and automating tie-outs and reconciliations.

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BADGES
Badge Diversity ChampionBadge Global CitizenBadge InnovatorBadge Work&Life Balance
CULTURE VALUES
Inclusive & Diverse
Empathetic
Feedback Forward
Collaboration over Competition
Growth & Learning
Transparent & Candid
Customer-Centric
BENEFITS & PERKS
Dental Insurance
Flexible Spending Account (FSA)
Vision Insurance
Disability Insurance
Family Medical Leave
Paid Holidays
Medical Insurance
Learning & Development
Employee Resource Groups
SENIORITY LEVEL REQUIREMENT
TEAM SIZE
EMPLOYMENT TYPE
Full-time, remote
DATE POSTED
January 11, 2025

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