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Enterprise Sales Manager

We are seeking a strategic and results-driven Regional Sales Manager to lead our growing account executive team and drive revenue growth calling on our Enterprise Corporate Accounts in the East. The ideal candidate possesses a proven track record of successfully managing a field sales team and growing a portfolio of accounts, exceeding sales targets, and cultivating strong customer relationships. You are a customer-centric leader with exceptional communication, negotiation, and team management skills. Location: Remote position, would need to be based in the eastern region of the USLeadership and Strategy: • Lead/Manage a team of enterprise account executives focused on growing and increasing client retention across the Enterprise products.• Develop and implement a comprehensive account management strategy aligned with the Corporates segment's strategy in collaboration with cross-functional teams. To drive new customer acquisition, expand customer relationships, and renewal sales with assigned territories.• Establish and execute clear goals, KPIs, and performance metrics for the team, providing regular feedback and coaching to drive individual and team success. About the Role: In this opportunity you will:• Provide coaching and development opportunities to account executive to help them achieve their goals and grow professionally• Work closely with cross functional teams including sales, product management, marketing, finance, and operations to develop and execute go-to-market strategies• Closely monitor, analyze, and report on key performance metrics, including sales targets, renewal rates, and customer satisfaction, to track progress and identify areas for improvement. • Provide regular reports, updates, and other information on account management activities and outcomes to executive leadership, ensuring transparency and accountability. • Continuously assess and improve processes to enhance efficiency and effectiveness of the account executive team. • Sales Performance: Total Revenue, Team Quota Achievement, Average Deal Size, Win Rate, Sales Cycle Length, Revenue Growth, Upsell/Cross-sell Revenue, Net Dollar Retention, Customer Lifetime Value (CLTV), Customer Acquisition Cost (CAC) to CLTV Ratio, Partner Attach Rate, New customer acquisition • Partner and collaborate with Industry & Product Specialists to develop and execute impactful product marketing campaigns and develop our customer solution portfolio.About You:You're a fit for the role if you have:• Minimum of 5 years of experience in people management or relevant leadership experience• Bachelor’s degree required; Master’s degree preferred• Proven track record of success in sales or account management roles• corporate SAAS landscape Strong industry knowledge and understanding of the• Excellent communication and interpersonal skills• Ability to work collaboratively and influence at all levels of the organization• Analytical mindset with ability to translate data into actionable insights• Strong problem solving and decision making abilities• Results driven with a focus on delivering against targets• Experience working in a matrix environment preferred• ​Experience working in a fast-paced, high-growth environment.• Strong work ethic, self-motivation, and a passion for driving results. #LI-TK1What's in it For You?You will join our inclusive culture of world-class talent, where we are committed to your personal and professional growth through:• Wellbeing: Comprehensive benefit plans; flexible and supportive benefits for work-life balance: flexible vacation, two company-wide Mental Health Days Off; work from another location for up to a total of 8 weeks in a year, 4 of those weeks can be out of the country and the remaining in the country, Headspace app subscription; retirement, savings, tuition reimbursement, and employee incentive programs; resources for mental, physical, and financial wellbeing.• Culture: Globally recognized and award-winning reputation for equality, diversity and inclusion, flexibility, work-life balance, and more.• Learning & Development: LinkedIn Learning access; internal Talent Marketplace with opportunities to work on projects cross-company; Ten Thousand Coffees Thomson Reuters café networking.• Social Impact: Ten employee-driven Business Resource Groups; two paid volunteer days annually; Environmental, Social and Governance (ESG) initiatives for local and global impact.• Purpose Driven Work: We have a superpower that we’ve never talked about with as much pride as we should – we are one of the only companies on the planet that helps its customers pursue justice, truth and transparency. Together, with the professionals and institutions we serve, we help uphold the rule of law, turn the wheels of commerce, catch bad actors, report the facts, and provide trusted, unbiased information to people all over the world.In the United States, Thomson Reuters offers a comprehensive benefits package to our employees. Our benefit package includes market competitive health, dental, vision, disability, and life insurance programs, as well as a competitive 401k plan with company match. In addition, Thomson Reuters offers market leading work life benefits with competitive vacation, sick and safe paid time off, paid holidays (including two company mental health days off), parental leave, sabbatical leave. These benefits meet or exceeds the requirements of paid time off in accordance with any applicable state or municipal laws. Finally, Thomson Reuters offers the following additional benefits: optional hospital, accident and sickness insurance paid 100% by the employee; optional life and AD&D insurance paid 100% by the employee; Flexible Spending and Health Savings Accounts; fitness reimbursement; access to Employee Assistance Program; Group Legal Identity Theft Protection benefit paid 100% by employee; access to 529 Plan; commuter benefits; Adoption & Surrogacy Assistance; Tuition Reimbursement; and access to Employee Stock Purchase Plan.Thomson Reuters complies with local laws that require upfront disclosure of the expected pay range for a position. The target total cash compensation range varies across locations. Eligible office location(s) for this role include one or more of the following: New York City, San Francisco, Los Angeles, and/or Irvine, CA; McLean, VA; Washington, DC. The target total cash compensation range for the role in any of those locations is $215,600 - $400,400. Chicago, IL; Frisco, TX; Houston, TX; fully remote location. For these locations and any eligible US locations not otherwise noted, including for fully remote location if applicable, the target total cash compensation range for this role is $196,000 - $364,000. This is inclusive of both base pay and any target sales incentive. Pay is positioned within the range based on several factors including an individual’s knowledge, skills and experience with consideration given to internal equity. Base pay and any target sales incentive are part of a comprehensive Total Reward program which also includes flexible and supportive benefits and other wellbeing programs.This job posting will close 01/14/2025.Do you want to be part of a team helping re-invent the way knowledge professionals work? How about a team that works every day to create a more transparent, just and inclusive future? At Thomson Reuters, we’ve been doing just that for almost 160 years. Our industry-leading products and services include highly specialized information-enabled software and tools for legal, tax, accounting and compliance professionals combined with the world’s most global news services – Reuters. We help these professionals do their jobs better, creating more time for them to focus on the things that matter most: advising, advocating, negotiating, governing and informing.We are powered by the talents of 26,000 employees across more than 70 countries, where everyone has a chance to contribute and grow professionally in flexible work environments that celebrate diversity and inclusion. At a time when objectivity, accuracy, fairness and transparency are under attack, we consider it our duty to pursue them. Sound exciting? Join us and help shape the industries that move society forward.AccessibilityAs a global business, we rely on diversity of culture and thought to deliver on our goals. To ensure we can do that, we seek talented, qualified employees in all our operations around the world regardless of race, color, sex/gender, including pregnancy, gender identity and expression, national origin, religion, sexual orientation, disability, age, marital status, citizen status, veteran status, or any other protected classification under applicable law. Thomson Reuters is proud to be an Equal Employment Opportunity/Affirmative Action Employer providing a drug-free workplace.We also make reasonable accommodations for qualified individuals with disabilities and for sincerely held religious beliefs in accordance with applicable law.Protect yourself from fraudulent job postings click here to know more.More information about Thomson Reuters can be found on https://thomsonreuters.com.
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What You Should Know About Enterprise Sales Manager, Thomson Reuters

Are you a strategic thinker with a passion for leading teams? Thomson Reuters is on the lookout for an Enterprise Sales Manager based in Newark, NJ, who will play a pivotal role in driving revenue growth and expanding our portfolio of Enterprise Corporate Accounts in the East. In this remote position, you'll manage a talented team of account executives, focused on not just meeting but exceeding sales targets while nurturing strong relationships with our valued customers. Your leadership will be key in developing effective account management strategies, collaborating with cross-functional teams, and continuously monitoring performance metrics to identify areas for improvement. We believe in empowering our teams; that means you'll have the chance to coach and develop your colleagues, ensuring they achieve their goals and grow professionally. If you thrive in a fast-paced environment and are motivated by results, you'll find Thomson Reuters a great place to work. Join us, and help shape the future while enjoying a culture committed to your personal and professional growth, all while making a real impact in the world. Ready to embark on this exciting journey with us?

Frequently Asked Questions (FAQs) for Enterprise Sales Manager Role at Thomson Reuters
What are the responsibilities of an Enterprise Sales Manager at Thomson Reuters?

As an Enterprise Sales Manager at Thomson Reuters, you will be responsible for leading a team of account executives focused on growing and retaining our Enterprise Corporate Accounts. Your key tasks will include developing comprehensive account strategies, establishing performance metrics, and providing ongoing coaching to your team. Additionally, you'll collaborate with various departments such as sales, product management, and marketing to drive new customer acquisition and enhance customer satisfaction.

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What qualifications are needed to apply for the Enterprise Sales Manager position at Thomson Reuters?

To be considered for the Enterprise Sales Manager role at Thomson Reuters, candidates should have a minimum of 5 years of management experience, preferably in sales or account management within the corporate SaaS landscape. A Bachelor's degree is required, while a Master's degree is preferred. Excellent communication skills, strong problem-solving abilities, and an analytical mindset are also essential for success in this role.

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How does Thomson Reuters ensure team members achieve their goals in the Enterprise Sales Manager role?

At Thomson Reuters, we believe in a supportive environment. As an Enterprise Sales Manager, you'll establish clear goals and performance metrics for your team, providing regular feedback and development opportunities. By fostering a culture of collaboration and transparency, you will help your account executives achieve their potential and meet their sales targets, driving overall success in the department.

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What is the expected salary range for the Enterprise Sales Manager role at Thomson Reuters?

The target total cash compensation range for the Enterprise Sales Manager position at Thomson Reuters varies by location. For Newark, NJ or similar locations, the expected salary range is typically between $196,000 - $364,000, inclusive of both base pay and potential sales incentives. Pay is determined based on several factors, including experience, education, and internal equity.

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What is the company culture like at Thomson Reuters for the Enterprise Sales Manager position?

Thomson Reuters is proud of our globally recognized culture that emphasizes equality, diversity, and inclusion. As an Enterprise Sales Manager, you'll be part of a supportive environment that values work-life balance and personal growth. We offer various learning and development opportunities, along with a range of benefits designed to enhance your overall well-being, making it a great place for professionals looking to grow and make a difference.

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Common Interview Questions for Enterprise Sales Manager
How do you motivate your sales team as an Enterprise Sales Manager?

In motivating my sales team, I believe in setting clear standards and celebrating achievements, big and small. I focus on open communication, allowing team members to feel valued and heard, and I provide encouragement along the way to ensure they remain aligned with their goals.

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Describe a time when you successfully turned around a struggling account.

In my previous role, I took ownership of a struggling account by re-evaluating our approach and reconnecting with the client to understand their challenges. By developing a tailored solution and communicating regularly, I was able to rebuild trust, resulting in renewed contracts and increased satisfaction.

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What metrics do you prioritize for measuring sales success?

Key metrics I prioritize include total revenue, team quota achievement, customer retention rates, and average deal size. These metrics help provide insights into both team performance and customer satisfaction, allowing us to continually refine our strategies.

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Can you explain your strategy for acquiring new corporate accounts?

My strategy for acquiring new corporate accounts involves market research to identify potential leads, personalized outreach efforts, and leveraging existing customer relationships to gain referrals. Additionally, I collaborate with marketing and product teams to present compelling solutions that meet client needs.

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How do you handle conflict within your sales team?

I believe in addressing conflicts head-on through open dialogue. I listen to all parties involved, mediate discussions to understand different perspectives, and work collaboratively to devise a solution that aligns with our team's goals.

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What role does data analysis play in your management approach?

Data analysis plays a crucial role in my management approach. By analyzing performance metrics, I can identify trends, recognize areas for improvement, and adapt strategies accordingly to enhance team efficiencies and boost sales outcomes.

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Discuss your experience with CRM systems and their impact on sales management.

In my previous roles, I have used various CRM systems to track customer interactions and sales pipeline activities. Effective CRM usage allows my team to stay organized, manage customer relationships effectively, and derive actionable insights that drive performance.

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How do you approach setting sales targets for your team?

When setting sales targets, I ensure they are realistic yet aspirational. I analyze historical performance data and market conditions while involving team members in the process to enhance accountability and acceptability of the targets.

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Tell me about a time you successfully led a cross-functional project.

I successfully led a cross-functional project by assembling a team from sales, marketing, and product management to develop a new go-to-market strategy. By facilitating open communication, aligning goals, and leveraging diverse perspectives, we launched the campaign successfully, exceeding our sales expectations.

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Why do you want to work for Thomson Reuters as an Enterprise Sales Manager?

I am drawn to Thomson Reuters due to its commitment to integrity and social impact. I admire how the company leverages its resources to promote transparency and justice, and I am excited about the opportunity to contribute to a mission-driven organization while leading a talented sales team.

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Thomson Reuters (NYSE / TSX: TRI) informs the way forward by bringing together the trusted content and technology that people and organizations need to make the right decisions. The company serves professionals across legal, tax, accounting, compl...

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Full-time, remote
DATE POSTED
December 19, 2024

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