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Strategic Account Executive (New Business)

About Stripe

Stripe is a financial infrastructure platform for businesses. Millions of companies—from the world’s largest enterprises to the most ambitious startups—use Stripe to accept payments, grow their revenue, and accelerate new business opportunities. Our mission is to increase the GDP of the internet, and we have a staggering amount of work ahead. That means you have an unprecedented opportunity to put the global economy within everyone’s reach while doing the most important work of your career.

What you’ll do

As an Strategic Enterprise Account Executive, you’ll  focus on the Fortune 500 and targeted retail accounts representing significant competitive shareshift. You will cultivate new relationships on behalf of Stripe by leveraging your extensive ”rolodex” (network) and identify opportunities to expand Stripe’s presence in the retail sector. We are looking for someone who can implement long-term sales strategies, effectively communicate with both internal and external stakeholders, collaborate with product teams to align on technical and business requirements, create value in competitive situations, lead commercial negotiations, and successfully close deals.

Responsibilities

  • Cultivate and maintain strategic relationships with C-level executives, adeptly navigating complex organizational structures and fostering alignment among diverse stakeholder groups.
  • Design and implement long-term sales strategies aimed at driving significant revenue growth for Stripe.
  • Expand business opportunities within large retailers, quick service restaurants, and transportation sectors by identifying and capitalizing on key growth areas.
  • Develop and execute effective outbound strategies to create and nurture potential business opportunities, ensuring a robust sales pipeline.
  • Lead the development of deal strategies and manage commercial negotiations for large, complex organizations, ensuring mutually beneficial outcomes.
  • Build and strengthen relationships with executive stakeholders within your assigned accounts, positioning Stripe as a trusted partner.
  • Take charge of account mapping and orchestrate strategic meetings with relevant external stakeholders to enhance customer relationships and drive engagement.
  • Actively lead and contribute to team projects aimed at refining our sales processes and shaping a positive, results-driven sales culture at Stripe.

Who you are

We’re looking for someone who meets the minimum requirements to be considered for the role. If you meet these requirements, you are encouraged to apply. The preferred qualifications are a bonus, not a requirement.

Minimum requirements

  • 10+ years of sales experience, with a proven track record of successfully selling unified commerce solutions and other highly technical software products to enterprise retail customers, demonstrating consistent top performance.
  • Possess an in-depth understanding of omni-channel payment ecosystems, encompassing hardware solutions, point-of-sale systems, and e-commerce platforms, which allows for the development and implementation of integrated payment strategies that significantly enhance customer experiences across various channels.
  • Act as a trusted payments advisor, leveraging an extensive network of connections to facilitate access to senior decision-makers and unlock new opportunities for collaboration.
  • Skilled in analyzing technical requirements and crafting tailored solutions that leverage multiple products to meet diverse client needs.
  • Expertise in developing and executing comprehensive account plans that span multiple business units within complex organizations, ensuring alignment and maximizing opportunities.
  • Natural ability to collaborate effectively with a wide range of stakeholders, both internally and externally, fostering strong working relationships.
  • Highly developed presentation skills, particularly adept at delivering compelling in-person presentations to multiple stakeholders to convey value and drive engagement.
  • Proven capability to lead complex negotiations, navigating bespoke commercial agreements to achieve favorable outcomes for all parties involved.
  • Ability to operate in a highly ambiguous and fast-paced environment
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Average salary estimate

$150000 / YEARLY (est.)
min
max
$120000K
$180000K

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 Strategic Account Executive (New Business) , Stripe

Stripe is on the lookout for a talented and driven Strategic Account Executive (New Business) to join our vibrant team in the United States. As a key player at Stripe, you will have the amazing opportunity to connect with Fortune 500 companies and major retail accounts, driving significant growth while influencing the global economy. Your extensive network and expertise will be essential as you build and maintain relationships with C-level executives, helping them see the value in Stripe's innovative financial infrastructure. This isn't just another sales position; you'll be crafting long-term strategies, collaborating closely with product teams to align our offerings with market needs, and leading commercial negotiations to close big deals. Your role will involve identifying new opportunities in retail, food services, and transportation sectors, all the while nurturing potential business opportunities and creating a robust sales pipeline. You’ll be part of a team that values collaboration and results, with a chance to shape our sales culture positively at Stripe. If you have over 10 years of experience in sales and a proven track record of selling complex software solutions to enterprise clients, then you could be the one we need to help take our outreach to new heights.

Frequently Asked Questions (FAQs) for Strategic Account Executive (New Business) Role at Stripe
What are the key responsibilities of a Strategic Account Executive at Stripe?

As a Strategic Account Executive (New Business) at Stripe, your primary responsibilities include cultivating relationships with C-level executives, designing and implementing sales strategies for significant revenue growth, and identifying new business opportunities in the retail sector. You will also manage complex negotiations and create valuable relationships with stakeholders to position Stripe as a trusted partner.

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What qualifications are required for the Strategic Account Executive (New Business) role at Stripe?

To be considered for the Strategic Account Executive (New Business) role at Stripe, you should have a minimum of 10 years of sales experience in technical software products, preferably in unified commerce solutions. Expertise in omni-channel payment ecosystems and excellent relationship-building skills are crucial for success in this role.

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How does the Strategic Account Executive contribute to the sales process at Stripe?

The Strategic Account Executive plays a vital role in the sales process at Stripe by developing outbound strategies, nurturing potential business leads, and executing comprehensive account plans. This position is responsible for ensuring a robust sales pipeline and leading negotiations that achieve mutually beneficial outcomes for both Stripe and its clients.

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What does success look like for a Strategic Account Executive at Stripe?

Success for a Strategic Account Executive at Stripe is measured by the ability to drive significant revenue growth through strategic relationships, effective negotiation, and expansion in key sectors. Achieving consistent top performance while fostering a results-driven sales culture will mark you as a standout in this role.

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What kind of work environment can a Strategic Account Executive expect at Stripe?

At Stripe, a Strategic Account Executive will enjoy a collaborative and fast-paced work environment that encourages innovation and teamwork. The role requires navigating ambiguity while staying aligned with organizational goals, making it an exciting place for driven professionals.

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Common Interview Questions for Strategic Account Executive (New Business)
Can you describe your experience in selling technical solutions as a Strategic Account Executive?

When discussing your experience, focus on specific examples of how you've successfully sold technical solutions by outlining the challenges faced, the strategies implemented, and the outcomes achieved. Highlight your understanding of client needs and how you translated technical products into valuable solutions.

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How do you approach building relationships with C-level executives?

Share your strategies for gaining executive trust, emphasizing good communication, understanding their business goals, and providing consistent value. Discuss your methods for maintaining these relationships and examples of successful engagements with C-level contacts.

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What strategies have you implemented to drive revenue growth?

Provide a detailed example of a successful strategy you've devised that resulted in measurable revenue growth. Include information about the market analysis, client engagement, and sales tactics you employed during the process.

Join Rise to see the full answer
Describe a time when you successfully navigated a complex negotiation.

Discuss a specific scenario, noting the complexities involved, the negotiation strategies you employed, and the outcome. Explain how you ensured that all parties involved were satisfied with the agreement.

Join Rise to see the full answer
How do you perform account mapping for large organizations?

Explain your systematic approach to account mapping, including identifying key stakeholders, understanding their needs, and integrating insights into your sales strategy. Reference tools or methods you've utilized in the past to enhance account understanding.

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What steps do you take to ensure alignment between product teams and sales strategies?

Highlight your collaborative methods for working with product teams, such as regular meetings and joint planning sessions. Show how you incorporate their insights into your sales strategies to serve customer needs better and drive sales success.

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How do you identify new business opportunities in competitive sectors?

Discuss your research methods, networking strategies, and how you analyze market trends to identify potential business opportunities. Mention how your ability to assess competition and respond can impact your success.

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Can you give an example of how you've modified a sales approach based on feedback?

Share a story where you received critical feedback and changed your tactics based on that input. Focus on the importance of adaptability and willingness to learn in achieving successful outcomes.

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What role does market research play in your sales strategy?

Emphasize how you conduct market research to gain insights on customer preferences, competitor offerings, and industry trends, and how these insights inform your sales strategies and presentations.

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How do you maintain resilience and stay motivated in a demanding sales environment?

Talk about personal strategies you've found effective for staying resilient, which could include setting goals, celebrating small wins, and building a support network within and outside of your organization.

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Stripe is an Irish-American financial infrastructure platform offering payment-processing software and application programming interfaces for e-commerce businesses, websites and mobile applications.

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BADGES
Badge Diversity ChampionBadge Global CitizenBadge InnovatorBadge Rapid Growth
CULTURE VALUES
Customer-Centric
Inclusive & Diverse
Empathetic
Collaboration over Competition
Fast-Paced
Growth & Learning
Transparent & Candid
FUNDING
SENIORITY LEVEL REQUIREMENT
TEAM SIZE
EMPLOYMENT TYPE
Full-time, on-site
DATE POSTED
April 4, 2025

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