Account Executive, Enterprise - Retail
Account Executive, Enterprise - Retail

Account Executive, Enterprise - Retail

London Full-Time No home office possible
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At a Glance

  • Tasks: Drive sales by creating partnerships with innovative companies and managing the full sales cycle.
  • Company: Join Stripe, a leading financial infrastructure platform empowering businesses globally.
  • Benefits: Enjoy competitive salary, equity options, health benefits, and flexible work arrangements.
  • Why this job: Be part of a mission to enhance the global economy while working in a dynamic team culture.
  • Qualifications: 7+ years in sales, preferably with technical products; strong communication and negotiation skills required.
  • Other info: Diverse perspectives are welcomed; apply even if your experience isn't a perfect match.

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.

About the team

The UK Retail Enterprise sales team work with our largest users in the industry. We help our users improve their customers' buying experiences, increase their domestic presence whilst expanding to new territories and unlocking new revenue streams. Market leaders in their respective industries already using Stripe include URBN, Frasers Group and River Island. As a key member of the UK Enterprise Retail team, you will identify new growth opportunities and ways Stripe can exceed expectations. If you’re motivated, smart, persistent, and a great teammate, we want to hear from you!

What you’ll do

  • As a New Business Account Executive, you will create partnerships between Stripe and the most innovative and fastest-growing companies in the world by helping them to understand how Stripe’s commerce infrastructure can make payments a competitive advantage for their businesses.

Responsibilities

  • Directly manage and identify new opportunities from a named account list and develop account plans for winning and expanding business with upper middle market and enterprise companies.
  • Build and maintain key relationships with C-level executives, while orchestrating the right executive touch points as well.
  • Contribute to shaping our Enterprise Retail strategy and building repeatable processes and scaled engagement models.
  • Develop outbound strategies to create and nurture opportunities.
  • Own the full sales cycle from lead to close for upper middle market and enterprise companies.
  • Develop relationships with executive stakeholders with new to Stripe clients.
  • Work with company leaders from multiple functions (e.g., Engineering, Product, and Finance) to lead complex product workshops and financial analyses.
  • Lead and contribute to team projects to develop and refine our sales process.
  • Engage with Product and Engineering teams to help drive product strategy.

Who you are

  • You are an adept salesperson and relationship manager capable of engaging in business-level and technical conversations at multiple levels of the organization, including the CTO, COO, and CFO.
  • You have experience working with upper middle market and enterprise companies.
  • You have an in-depth understanding of the buyer journey and can lead a complex, multi-party sale in a highly consultative manner.
  • You are used to building value in competitive situations and enjoy working on products that require deep product understanding, combined with technical knowledge.
  • You are naturally analytical and enjoy digging into business models and helping customers quantify their investment decisions.
  • You get excited about prospecting, and are capable of independently leading a sales cycle from start to finish.
  • Finally, you enjoy building – you like to actively participate in the development of our sales process, the articulation of our value proposition, and the creation of key tools and assets.

Qualifications

  • 7+ years of sales experience, preferably selling a technical product, with a track record of top performance.
  • Extensive experience directly selling a technology product or service, preferably at an API-first company, with a record of top performance.
  • A proven track record of moving sales processes forward from inception to close by leading complex, multi-party sales in a highly consultative manner, understanding strategies and applying value proposition.
  • Great listening skills and ability to quickly become a trusted resource for decision-makers across technology and finance orgs within software companies.
  • An ability to understand complex technical problems and understand how Stripe’s solutions can address them.
  • A positive attitude and tireless work ethic when encountering blockers to success, whether external or internal.
  • Proven ability to lead complex negotiations involving bespoke commercial agreements.
  • Superior verbal and written communication skills.
  • Ability to operate in a highly ambiguous and fast-paced environment.
  • Strong interest in technology and a deep understanding of the space.
  • Fastidious approach to CRM hygiene and experience utilizing thorough sales forecasting metrics on a weekly/quarterly basis and communicating them in a succinct manner.

Preferred requirements

  • Prior experience at a growth stage Internet/Software company.
  • Experience in fintech/payments is a plus, but not prerequisite.

Office-assigned Stripes spend at least 50% of the time in a given month in their local office or with users. This hits a balance between bringing people together for in-person collaboration and learning from each other, while supporting flexibility about how to do this in a way that makes sense for individuals and their teams.

The annual salary range for this role in the primary location is £163,400 - £245,000. This range may change if you are hired in another location. For sales roles, the range provided is the role’s On Target Earnings (“OTE”) range, meaning that the range includes both the sales commissions/sales bonuses target and annual base salary for the role. This salary range may be inclusive of several career levels at Stripe and will be narrowed during the interview process based on a number of factors, including the candidate’s experience, qualifications, and specific location. Applicants interested in this role and who are not located in the primary location may request the annual salary range for their location during the interview process.

Specific benefits and details about what compensation is included in the salary range listed above will vary depending on the applicant’s location and can be discussed in more detail during the interview process. Benefits/additional compensation for this role may include: equity, company bonus or sales commissions/bonuses; retirement plans; health benefits; and wellness stipends.

At Stripe, we're looking for people with passion, grit, and integrity. You’re encouraged to apply even if your experience doesn’t precisely match the job description. Your skills and passion will stand out—and set you apart—especially if your career has taken some extraordinary twists and turns. At Stripe, we welcome diverse perspectives and people who think rigorously and aren’t afraid to challenge assumptions. Join us.

Account Executive, Enterprise - Retail employer: Stripe

Stripe is an exceptional employer that fosters a dynamic and inclusive work culture, where employees are empowered to drive innovation in the financial technology space. With a strong focus on professional growth, team collaboration, and a commitment to work-life balance, employees enjoy competitive compensation packages, including equity and wellness benefits. Located in the heart of the UK, the Enterprise Retail team offers a unique opportunity to engage with industry leaders while contributing to Stripe's mission of enhancing the global economy.
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Contact Detail:

Stripe Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Account Executive, Enterprise - Retail

✨Tip Number 1

Familiarise yourself with Stripe's products and services, especially their API offerings. Understanding how these can benefit potential clients will help you engage in meaningful conversations with C-level executives.

✨Tip Number 2

Network within the fintech and retail sectors to build relationships with key decision-makers. Attend industry events or webinars where you can connect with professionals who might be interested in Stripe's solutions.

✨Tip Number 3

Prepare to discuss your previous sales experiences in detail, particularly any complex negotiations you've led. Highlight your ability to navigate multi-party sales processes, as this is crucial for the role.

✨Tip Number 4

Stay updated on the latest trends in technology and payments. Being knowledgeable about current market challenges and opportunities will position you as a trusted resource for potential clients.

We think you need these skills to ace Account Executive, Enterprise - Retail

Sales Experience
Relationship Management
Consultative Selling
Technical Product Knowledge
Negotiation Skills
Communication Skills
Analytical Skills
CRM Proficiency
Strategic Thinking
Problem-Solving Skills
Understanding of the Buyer Journey
Ability to Engage with C-Level Executives
Experience in Multi-Party Sales
Outbound Sales Strategies
Adaptability in Fast-Paced Environments

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in sales, particularly with upper middle market and enterprise companies. Emphasise your track record of success in selling technical products and your ability to manage complex sales processes.

Craft a Compelling Cover Letter: In your cover letter, express your passion for technology and how your skills align with Stripe's mission. Mention specific examples of how you've built relationships with C-level executives and contributed to sales strategies in previous roles.

Showcase Your Analytical Skills: Demonstrate your analytical abilities by discussing how you've used data to drive sales decisions or improve processes. Highlight any experience you have with CRM systems and sales forecasting metrics.

Prepare for the Interview: While this is part of the application process, it's crucial to prepare for potential interviews. Research Stripe's products and services, and be ready to discuss how you can help clients understand their value proposition and solve complex problems.

How to prepare for a job interview at Stripe

✨Understand Stripe's Mission

Before your interview, make sure you grasp Stripe's mission to increase the GDP of the internet. This understanding will help you align your answers with their goals and demonstrate your enthusiasm for contributing to their vision.

✨Showcase Your Sales Experience

Be prepared to discuss your previous sales experiences, especially those involving complex, multi-party negotiations. Highlight specific examples where you've successfully led a sales cycle from start to finish, as this is crucial for the Account Executive role.

✨Prepare for Technical Discussions

Since the role involves engaging in technical conversations, brush up on your knowledge of Stripe’s products and how they can solve complex problems for clients. Being able to articulate this clearly will set you apart from other candidates.

✨Demonstrate Relationship Management Skills

The ability to build and maintain relationships with C-level executives is key. Prepare examples that showcase your relationship management skills and how you've successfully navigated discussions with high-level stakeholders in the past.

Account Executive, Enterprise - Retail
Stripe
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