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Job details

Sr Account Executive

Ivalua is looking for a motivated Sr Account Executive to drive new customer acquisition in various verticals. The ideal candidate will excel in selling Enterprise SaaS solutions to Senior Level Executives.

Skills

  • Enterprise software sales experience
  • Procurement knowledge
  • Sales cycle management
  • Relationship building

Responsibilities

  • Exceed annual sales targets
  • Develop and execute an Enterprise Account Plan
  • Engage with C-level executives
  • Maintain the system of record within internal systems

Education

  • Bachelor's degree in a related field preferred

Benefits

  • Medical, dental, and vision insurance
  • Retirement with company match
  • Uncapped commission plan
  • Professional development opportunities
To read the complete job description, please click on the ‘Apply’ button
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CEO of Ivalua
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David Khuat-Duy
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Average salary estimate

$150000 / YEARLY (est.)
min
max
$112500K
$187500K

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 Sr Account Executive, Ivalua

As a Senior Account Executive at Ivalua, based in the vibrant heart of New York City, you'll be stepping into a role filled with exciting opportunities! Founded in 2000, Ivalua has established itself as a leading provider of cloud-based procurement solutions. In this dynamic position, you’ll be at the forefront of driving new customer acquisition across various verticals, working directly with C-level executives. You’ll manage the entire sales process, from prospecting and building a robust pipeline to successfully closing deals. With at least 7 years of enterprise software sales experience under your belt, you'll bring a proven track record of exceeding targets and an impressive ability to sell value to your clients. Ivalua invites passionate and motivated individuals who thrive on relationship building and strategic thinking to join their team of exceptional professionals. You'll enjoy a hybrid working model, competitive compensation with an uncapped commission, and ample opportunities for professional growth, including training programs and career development. Collaborate with a diverse group of experts who are as enthusiastic about innovation as you are, and make a real impact in roles that encourage creativity and productivity. At Ivalua, you are empowered to reach your professional potential while contributing to a culture that prioritizes sustainability and teamwork. Ready to take your career to new heights? Apply today!

Frequently Asked Questions (FAQs) for Sr Account Executive Role at Ivalua
What are the key responsibilities of a Senior Account Executive at Ivalua?

As a Senior Account Executive at Ivalua, you will be responsible for exceeding annual sales targets, developing enterprise account plans, and engaging with C-level executives to drive the sales process from prospecting to closure. You'll also need to accurately forecast sales, maintain records in our internal systems, and collaborate with internal teams to build customer strategy plans.

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

To qualify for the Senior Account Executive role at Ivalua, candidates should have at least 7 years of direct enterprise software sales experience, preferably in procurement or supply chain domains. A consistent track record of achieving sales quotas, multi-stakeholder sales cycle management, and the ability to prospect new accounts is essential.

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What does the work culture look like at Ivalua for Senior Account Executives?

The work culture at Ivalua for Senior Account Executives is collaborative and inclusive. Employees enjoy a hybrid working model, regular social events, and a focus on professional development. The company is recognized for its outstanding leadership, career growth opportunities, and a dynamic team environment, enhancing creativity and productivity.

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Is there a commission structure for the Senior Account Executive role at Ivalua?

Yes, Ivalua offers an uncapped commission plan for Senior Account Executives, making your earnings potential directly tied to your performance. In addition to a competitive base salary, this structure provides you with the opportunity to significantly increase your overall compensation based on your sales achievements.

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What opportunities for career growth does Ivalua offer for Senior Account Executives?

Ivalua is committed to employee growth, offering exceptional training programs and career development initiatives for Senior Account Executives. The company prioritizes fostering an environment where individuals can unlock their full potential, ensuring that your career trajectory is well-supported and continuously evolving.

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Common Interview Questions for Sr Account Executive
Can you describe your experience with enterprise software sales as a Senior Account Executive?

When answering this question, detail your relevant experiences, highlighting specific achievements and how you've successfully navigated complex sales processes. Provide metrics where possible, such as sales quotas exceeded or key accounts acquired, to demonstrate your effectiveness in similar roles.

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How do you approach prospecting for new accounts in your sales territory?

Discuss your methods for identifying and targeting potential new accounts, including your use of market research, networking, and leveraging existing relationships. Emphasize a structured approach that includes setting goals and tracking progress towards establishing valuable connections.

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What strategies do you use to engage with C-level executives during the sales process?

Explain the importance of understanding the executives' business challenges and aligning your solutions to address them. Share specific techniques for building rapport and communicating the value proposition effectively, such as industry insights or case studies that highlight relevant success stories.

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What role does teamwork play in your sales strategy as a Senior Account Executive?

Highlight the collaborative nature of your sales approach, detailing how you involve internal resources and cross-functional teams to deliver comprehensive solutions to clients. Emphasize the importance of leveraging diverse perspectives to enhance sales outcomes and client relationships.

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Describe a time when you had to manage a complicated sales cycle. What was your approach?

Use the STAR method (Situation, Task, Action, Result) to effectively convey your experience. Discuss the complexities involved in the sales cycle, the strategies you implemented to address challenges, and the ultimate outcome of your efforts.

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How do you keep track of your sales performance and progress towards goals?

Discuss the tools and methods you utilize to monitor your performance, including CRM systems, pipeline reports, and performance indicators. This will demonstrate your organizational skills and commitment to maintaining accountability in meeting sales targets.

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What is your understanding of Ivalua's solutions and how do they benefit clients?

Showcase your knowledge about Ivalua’s procurement solutions, explaining how they help organizations streamline their supply chain processes. Illustrate the benefits such as cost savings, improved efficiency, and enhanced supplier collaboration, aligning those with the clients' potential needs and challenges.

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How do you handle objections from potential clients during the sales process?

Describe your approach to objection handling, emphasizing active listening, empathy, and employing objection-handling techniques. Provide examples of past experiences where you successfully turned objections into opportunities, demonstrating your problem-solving skills and client-focused mindset.

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What motivates you in your role as a Senior Account Executive?

Reflect on both intrinsic and extrinsic motivators, such as achieving goals, competition among peers, building lasting client relationships, and contributing to the team. Emphasize how these motivators drive your performance and align with Ivalua's mission.

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How do you plan to achieve your sales targets within your first year at Ivalua?

Discuss your goal-setting process, action plans, and the strategies you’ll implement to succeed in hitting your targets. Emphasize the importance of understanding market dynamics, leveraging relationships, and continually refining your sales techniques.

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All companies want the best and brightest. At Ivalua, we also want team members who have a global point of view and who bring customer-focused enthusiasm and ambition to the table. We are a company of doers, of problem solvers, of figure-it-outers...

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FUNDING
SENIORITY LEVEL REQUIREMENT
TEAM SIZE
SALARY RANGE
$112,500/yr - $187,500/yr
EMPLOYMENT TYPE
Full-time, hybrid
DATE POSTED
January 8, 2025

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