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Account Executive - Hotel

Ottimate (formerly Plate IQ) helps fast growing businesses automate accounts payables on their terms. We simplify everything from invoice management to payments for both recurring and one-off expenses with a cloud-first approach that enables remote work. Ottimate’s AP Automation and VendorPay Network helps businesses pay and get paid faster.

At Ottimate, passion generates excitement for what we do and how we do it. With passion at the heart of everything we do, we nurture ideas, inspire excellence, and find creative ways to eliminate obstacles for cultivating growth. The positive attitude with which we assist one another develops open, honest, and genuine connections. Above all, we celebrate and embrace our differences. We invest in each other because we win or lose as a team.

Our values are at the center of our company and culture. At Ottimate (formerly Plate IQ), we value: Growth, Customer Focus, Innovation, Accountability, and Communication.

The Role
As an Account Executive you will be responsible for developing and closing new business and expanding our footprint with hotels. In your day-to-day, you will focus on acquiring new customers and outlining to CFOs and finance leaders how our Fintech solution can immediately impact their organization. You will be accountable for exceeding monthly and quarterly quotas, proactive deal management, forecast accuracy, and driving adoption and usage with customers and prospects in collaboration with internal teams and the broader Ottimate partner ecosystem. A successful candidate is highly motivated, a go-getter, eager to learn, determined to adapt quickly, wears multiple hats, and is comfortable selling a solution that can transform a business immediately.

  • Drive success of the company’s goals and objectives by achieving individual sales quotas
  • Build and manage a sales pipeline through prospecting and lead generation efforts focusing on the hospitality (hotel) vertical
  • Develop and deliver customized sales presentations and product demonstrations, both by phone and via online demos.
  • Develop and negotiate proposals and contracts
  • Monitor and analyze sales metrics to identify opportunities for improvement and implement strategies to address them. Leverage data insights to accurately forecast sales activity and revenue achievements.
  • Collaborate effectively and engage various pre/post-sales resources, including Sales Development Representatives, Account Managers, HR, and Executive Leadership
  • Participate in industry events, conferences, and networking activities to build brand awareness and generate leads
  • Provide regular feedback to the product development team based on customer insights to help refine our offerings
  • Maintain detailed records of customer interactions and sales activities in Salesforce.
  • Ensure customer satisfaction by managing and resolving any issues that arise during the sales process.
  • Stay informed about competitor products and industry developments in the construction vertical to effectively position our solution in the market.
  • Train and mentor SDRs and Associate AEs, sharing best practices and strategies for success.
  • BS/BA degree or equivalent experience.
  • 3+ years of demonstrated success in an Account Executive or similar sales role, particularly in selling SaaS products to hotels. Additional experience selling SaaS/Fintech products to finance leaders or CFOs is highly desirable.
  • Proven track record of consistently meeting or exceeding sales quotas, such as being in the top 10-20% or achieving President’s Club status in previous roles.
  • Previous experience managing a Mid-Market semi-transactional sales cycle.
  • Ability to build and maintain a robust sales pipeline through effective prospecting and lead generation efforts.
  • Strong ability to develop and deliver customized sales presentations and product demonstrations via online platforms.
  • Proven ability to develop and negotiate proposals and contracts.
  • Strong analytical skills with the ability to accurately forecast sales activity and revenue achievements.
  • Experience with Salesforce, HubSpot, and other sales automation tools.
  • Ability to stay informed about competitor products and industry developments in the construction space.
  • Eager to learn, quick to adapt, and versatile in handling multiple tasks in a fast-paced, growth-stage environment.
  • Ability to travel roughly 10-20% of the time, including participation in industry events, conferences, and networking activities to build brand awareness and generate leads.

We care deeply about making Ottimate an incredible place to work and invest a significant amount of time and energy into creating and maintaining a company culture that provides our team with a generous level of support whilst inspiring them to do their best work. 

The specific benefits/perks we offer are continually evolving, but currently include:

  • Compensation: $95k-120k + Matched Variable. 
  • Work from home in an energetic remote-first environment that supports flexible working hours and understands work-life balance.
  • Competitive salary based on skills & experience.
  • Medical, Dental, Vision and other Company-Subsidized Benefits for you and your family.
  • Employer sponsored 401(k) with company match.
  • Paid Time Off (and the encouragement to use it).
  • Annual company retreats.
  • Promote from within philosophy.

Beyond the tangible benefits though:

  • You will be part of a growing team, at a pinnacle moment of scale for the business, and experience the excitement of working in a startup where each action makes a huge difference.
  • You will have the agency to solve difficult problems creatively, the freedom to explore work that inspires you, and infrastructure to ensure you're constantly challenged and developing.
  • You will work with sharp, passionate teammates solving some of the most unique challenges and positioning our product as a premier finance automation solution. 
  • Our commitment to empowering a diverse and inclusive workforce, celebrating differences, and creating a safe space for our employees to bring their whole selves to work is second to none.
  • We are transforming entire industries using innovative technology including Artificial Intelligence, Payment Tech, and Neural Networks.
  • Our leaders lead with a people-first approach; inspiring excellence, nurturing ideas, and finding creative ways to eliminate obstacles for cultivating growth.
  • We truly love what we do and who we do it with - and we think you will too!

Ottimate is an equal opportunity employer that is committed to diversity and inclusion. We do not discriminate based on race, color, national origin, religion, gender, gender expression, sexual orientation, age, veteran status, disability status, or marital status. If you are excited about the role but do not meet 100% of the qualifications listed above, we encourage you to apply. Nothing in this job posting should be construed as an offer or guarantee of employment.

#LI-Remote

Average salary estimate

$107500 / YEARLY (est.)
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$95000K
$120000K

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 Account Executive - Hotel, Ottimate

At Ottimate, we’re searching for a driven Account Executive - Hotel to join our amazing team! If you thrive in a dynamic, remote-first environment and have a passion for helping businesses streamline their accounts payable processes, then you’ll feel right at home here. As an Account Executive, your primary mission will be to attract new hotel clients and guide CFOs and finance leaders on how our cutting-edge Fintech solutions can enhance their operations. You’ll play a vital role in surpassing sales quotas while also managing a robust sales pipeline and ensuring our customers get the best possible service. Your days will include crafting customized sales presentations, negotiating contracts, and analyzing sales metrics to spot improvement opportunities. You’ll collaborate closely with internal teams and participate in industry events, showcasing Ottimate’s commitment to innovation and excellence. To succeed in this role, you should have a knack for presentation and a solid understanding of SaaS products. If you have a proven sales record, a degree in a related field, and at least three years in an Account Executive role—especially in the hospitality space—we’d love to hear from you. Join us in transforming how businesses operate while enjoying the camaraderie of a passionate team that values growth and customer success. Why wait? Step into this exciting opportunity with Ottimate and unleash your potential in a company that truly celebrates your contributions!

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

As an Account Executive - Hotel at Ottimate, your responsibilities include developing new business opportunities, managing sales pipelines, crafting compelling presentations, and collaborating with internal teams to drive customer success. You will be accountable for not only reaching but exceeding your sales quotas while ensuring customer satisfaction throughout the sales process.

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What qualifications do I need to apply for the Account Executive - Hotel position at Ottimate?

To be considered for the Account Executive - Hotel position at Ottimate, candidates should possess a BS/BA degree or equivalent experience, along with at least three years of proven success in a sales role, ideally in the SaaS or hospitality space. A strong record of meeting sales quotas and the ability to deliver engaging presentations are also key qualifications.

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How does Ottimate support the growth and success of its Account Executives?

Ottimate fosters an environment where Account Executives can thrive. You will receive extensive support, mentorship from experienced colleagues, and opportunities for professional development. The company atmosphere encourages open communication, teamwork, and celebrates your successes. You will be part of a vibrant culture that promotes continuous learning and growth.

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What is the importance of collaboration within the Account Executive - Hotel role at Ottimate?

Collaboration is essential for success in the Account Executive - Hotel role at Ottimate. You will work closely with various internal teams, such as Sales Development Representatives, Product Development, and Executive Leadership, to ensure a seamless sale and onboarding process. This teamwork enables you to leverage different perspectives and resources to effectively meet customer needs.

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What opportunities for advancement exist for an Account Executive - Hotel at Ottimate?

At Ottimate, we believe in promoting from within. As an Account Executive - Hotel, you will have various paths for growth within the company based on your performance and potential. Opportunities may include advancement to senior sales roles or transitions into management positions, leveraging your expertise to help drive Ottimate's success.

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Common Interview Questions for Account Executive - Hotel
Can you describe your experience in a sales role, particularly in the hotel industry?

When answering this question, detail your specific experiences or notable achievements in your sales roles, especially those directly correlating to the hotel sector. Mention sales quotas met or exceeded and any techniques you used to build rapport with potential clients.

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How do you prioritize and manage your sales pipeline as an Account Executive?

Discuss your strategies for managing leads effectively, such as utilizing sales management tools, regularly updating your pipeline, and implementing a disciplined follow-up process. Emphasize your analytical skills to prioritize leads based on potential value.

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What strategies have you found effective in presenting a product to prospective clients?

Share your approach to delivering presentations, focusing on understanding client needs, customizing your message accordingly, and leveraging data to validate your claims. Highlight successes where your strategies converted prospects into clients.

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How do you handle objections during the sales process?

Describe your method for addressing objections, such as actively listening to clients' concerns, empathetically validating their feelings, and providing well-thought-out responses that demonstrate how your solution overcomes their obstacles.

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Can you share a time when you successfully negotiated a contract?

Provide a specific example of a negotiation where you demonstrated strong communication and persuasion skills. Outline the situation, your approach, and the favorable outcome for both parties, illustratively showing your negotiation expertise.

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What role does customer feedback play in your sales strategy?

Discuss how you incorporate customer feedback into your sales strategy, touching on your commitment to client satisfaction and how customer insights guide your product presentations and sales tactics moving forward.

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How do you stay up to date with industry trends, especially in the fintech and hospitality sectors?

Explain the resources and strategies you use to keep current on industry developments, such as attending conferences, subscribing to relevant publications, or networking with professionals in the field. Show your passion for staying informed and adaptable.

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What unique challenges do you think the hospitality industry faces that you can address with Ottimate’s solutions?

Discuss specific challenges such as financial optimization, operational inefficiencies, or high costs that hotels face. Explain how Ottimate’s unique offerings can provide tangible solutions to these problems, showcasing your industry insight.

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How do you ensure client satisfaction during and after the sales process?

Describe your proactive approach to maintaining client relationships, including regular check-ins, providing resources post-sale, and seeking feedback after implementation to ensure they are maximizing the value of your solution.

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What motivates you to excel as an Account Executive?

Share your personal motivators—whether it's reaching sales targets, helping clients succeed, or the excitement of working in a fast-paced environment. Convey your passion for sales and desire to contribute to Ottimate's mission.

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ottimate (formerly plate iq) is the leading ap automation ai. ottimate is ap automation ai that provides a smarter way for ap managers, approvers, controllers, and cfos to work through the entire invoice lifecycle. with mature deep learning capab...

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Full-time, remote
DATE POSTED
March 22, 2025

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