Strategic Account Executive
Strategic Account Executive

Strategic Account Executive

London Full-Time No home office possible
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At a Glance

  • Tasks: Manage relationships with key accounts and drive sales strategies for growth.
  • Company: Join Stripe, a leading financial infrastructure platform empowering businesses globally.
  • Benefits: Enjoy hybrid work options, competitive salary, equity, and wellness perks.
  • Why this job: Be part of a dynamic team shaping the future of payments and technology.
  • Qualifications: 10+ years in sales, preferably with technical products and enterprise organisations.
  • Other info: Remote work available; must be 35+ miles from an office.

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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 Platforms team is a highly consultative sales team that is responsible for the growth of Stripe’s largest customers within the region. We work with the most ambitious and fastest growing companies, from Booksy, to Wix, to Guesty – Stripe’s payments and financial infrastructure unlocks new revenue streams and growth opportunities for their businesses.

What you’ll do

The Platform Sales team works with B2B Software Platforms to help them facilitate payments for their customers using our Stripe Connect product. Software Platforms, also known as B2B Indirect, are software platform businesses who serve other businesses. Platforms already using Stripe include Shopify, Lightspeed and Mindbody.

As a key member of the EMEA Stripe Platforms team, you will manage and elevate relationships with named accounts while identifying new growth opportunities and ways Stripe can exceed User’s expectations.

If you’re motivated, smart, persistent, and a great teammate, we want to hear from you!

Responsibilities

  • Work with existing Stripe customers to develop and execute long-term sales strategies to expand Stripe’s revenue.
  • Own the full sales cycle, from business case development, to deal structuring, negotiating, through to close
  • Own named strategic accounts and develop account plans for winning and expanding business
  • Develop strategies to create and nurture opportunities
  • Work with existing Stripe customers to develop and execute long-term sales strategies to expand Stripe’s revenue
  • Drive deal strategy and commercial negotiations for large, complex renewals
  • Develop relationships with executive stakeholders within your book of business
  • Be responsible for account mapping and coordinating effective meetings with the appropriate external stakeholders expanding the customer relationship
  • Lead and contribute to team projects to develop and refine our sales process and help shape the Stripe sales culture

Who you are

We’re looking for someone who exceeds 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.

  • 10+ years of sales experience, preferably selling a technical product, with a track record of top performance
  • 10+ years leading complex sales cycles with Enterprise organizations required
  • Ability to understand technical requirements and craft solutions across multiple products
  • Ability to develop and execute account plans spanning multiple business units across complex organizations
  • Experience of working with customers based in Israel
  • A proven track record for working well with a wide range of people, both internally and externally
  • Strong presentation skills, both virtually and for in-person meetings with multiple stakeholders
  • Proven ability to lead complex negotiations involving bespoke commercial agreements
  • Superior verbal and written communication skills in English
  • Ability to operate in a highly ambiguous and fast-paced environment
  • Strong interest in technology

Preferred qualifications

  • Experience in the payments industry

Hybrid work at Stripe

This role is available either in an office or a remote location (typically, 35+ miles or 56+ km from a Stripe office).

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.

A remote location, in most cases, is defined as being 35 miles (56 kilometers) or more from one of our offices. While you would be welcome to come into the office for team/business meetings, on-sites, meet-ups, and events, our expectation is you would regularly work from home rather than a Stripe office. Stripe does not cover the cost of relocating to a remote location. We encourage you to apply for roles that match the location where you currently or plan to live.

Pay and benefits

The annual salary range for this role in the primary location is ÂŁ197,400 – ÂŁ296,200. 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.

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Strategic Account Executive employer: Stripe

At Stripe, we pride ourselves on being an exceptional employer that fosters a dynamic and inclusive work culture. Our commitment to employee growth is evident through our comprehensive training programmes and opportunities for advancement within the company. With a hybrid work model that promotes flexibility and collaboration, along with competitive compensation and benefits, joining our team means being part of a mission-driven organisation that empowers you to make a significant impact in the financial technology landscape.
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Contact Detail:

Stripe Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Strategic Account Executive

✨Tip Number 1

Familiarise yourself with Stripe's products, especially the Stripe Connect product. Understanding how it works and its benefits for B2B software platforms will help you engage in meaningful conversations during interviews.

✨Tip Number 2

Network with current or former employees of Stripe, particularly those in sales roles. They can provide insights into the company culture and what it takes to succeed as a Strategic Account Executive.

✨Tip Number 3

Prepare to discuss your experience with complex sales cycles and how you've successfully managed relationships with enterprise clients. Be ready to share specific examples that highlight your negotiation skills and strategic thinking.

✨Tip Number 4

Stay updated on trends in the payments industry and how they impact businesses. This knowledge will not only impress interviewers but also demonstrate your genuine interest in the role and the sector.

We think you need these skills to ace Strategic Account Executive

Sales Strategy Development
Account Management
Complex Negotiation Skills
Technical Product Knowledge
B2B Sales Experience
Stakeholder Engagement
Presentation Skills
Communication Skills
Relationship Building
Problem-Solving Skills
Market Analysis
Adaptability in Fast-Paced Environments
Understanding of Payment Systems
Team Collaboration

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant sales experience, especially in technical products and complex sales cycles. Use specific metrics to demonstrate your achievements, such as revenue growth or successful negotiations.

Craft a Compelling Cover Letter: In your cover letter, express your passion for technology and the payments industry. Mention specific experiences that align with Stripe's mission and how you can contribute to their goals, particularly in managing strategic accounts.

Showcase Your Communication Skills: Since strong verbal and written communication skills are crucial for this role, ensure your application is free of errors and clearly articulates your thoughts. Consider including examples of successful presentations or negotiations you've led.

Highlight Your Strategic Thinking: Demonstrate your ability to develop and execute long-term sales strategies. Include examples of account plans you've created and how they led to business expansion, showcasing your understanding of complex organisational structures.

How to prepare for a job interview at Stripe

✨Understand Stripe's Mission

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

✨Showcase Your Sales Experience

Prepare to discuss your 10+ years of sales experience in detail. Highlight specific examples of complex sales cycles you've led, particularly with enterprise organisations, and how you successfully navigated challenges.

✨Demonstrate Technical Acumen

Since the role involves selling a technical product, be ready to explain how you understand technical requirements and craft solutions. Familiarise yourself with Stripe's products, especially Stripe Connect, to show your capability in this area.

✨Prepare for Negotiation Scenarios

Expect questions about your negotiation skills. Prepare examples of past negotiations involving bespoke commercial agreements, focusing on your strategies and outcomes to illustrate your effectiveness in complex deal-making.

Strategic Account Executive
Stripe

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