Key Account Executive (Enterprise Sales)

Key Account Executive (Enterprise Sales)

Full-Time 60000 - 80000 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Drive revenue growth by closing high-value deals and building relationships with enterprise clients.
  • Company: Join CoLab, a leading tech company focused on innovative engineering solutions.
  • Benefits: Enjoy unlimited PTO, health insurance, and flexible remote work options.
  • Other info: Collaborative environment with opportunities for professional growth and development.
  • Why this job: Make a significant impact in enterprise sales while working with top global companies.
  • Qualifications: 5+ years in enterprise SaaS sales with strong negotiation and communication skills.

The predicted salary is between 60000 - 80000 £ per year.

Responsibilities

  • As a Key Account Executive (Enterprise Sales), you’ll focus on CoLab’s largest accounts in Europe, engaging with senior engineering leaders in large enterprises.
  • Your primary responsibility will be to drive revenue growth by closing deals in the $200K to $2M+ range, while also identifying expansion opportunities within these enterprise clients.
  • You will work closely with marketing, sales development, and customer success teams to strategize on enterprise deals, ensuring we maintain strong relationships with our top accounts.
  • This is an opportunity to make a significant impact by driving CoLab’s growth at the enterprise level, working with some of the world’s most respected companies.
  • Lead Enterprise Sales Strategy: Own and execute the sales strategy for CoLab’s top enterprise accounts (10,000+ employees), driving long-term relationships and delivering solutions for large-scale engineering organizations.
  • Manage High-Value Deals: Lead and close enterprise deals ranging from $200K to $2M+ with large organizations, navigating complex procurement processes and multiple decision-makers.
  • Discovery & Solution Selling: Conduct detailed discovery with multiple personas (engineering leaders, procurement teams, and executives) to understand their pain points and business goals. Provide consultative recommendations on how CoLab can optimize their design processes and reduce time-to-market.
  • Build Strategic Relationships: Establish and nurture relationships with key stakeholders across target accounts to drive ongoing engagement and opportunities for account expansion.
  • Collaborate on Proposals & Negotiations: Work with the sales team to create customized proposals, negotiate contract terms, and manage the deal process from initial contact through to close.
  • Work Cross-Functionally: Partner with the Customer Success, Product, and Marketing teams to ensure seamless handoff of new customers and align on product development needs based on customer feedback.
  • Pipeline Management: Effectively manage a pipeline of high-value enterprise accounts to hit quarterly and annual sales targets. Provide regular updates on progress and forecast accuracy.
  • Expansion & Renewals: Collaborate with the Customer Success team on account expansions and contract renewals to increase customer lifetime value (CLV).
  • Enterprise Account Planning: Develop territory and account plans for large enterprises to identify opportunities, track progress, and optimize resource allocation.

Benefits

  • Health and dental insurance (covered at 100% for the employee).
  • Remote/Hybrid Work: Our main office location is in St. John’s, NL where we offer hybrid and remote opportunities.
  • Unlimited PTO.

Qualifications

  • Team player with the ability to collaborate across departments to ensure alignment on customer needs and business objectives.
  • Comfortable with ambiguity: Ability to navigate complex enterprise sales cycles and align internal resources to close deals.
  • Self-motivated and driven to exceed sales targets and grow enterprise accounts.
  • Ability to manage a growing pipeline of high-value enterprise opportunities, ensuring effective follow-up and timely progression of deals.
  • 5+ years of experience in enterprise SaaS sales with a proven track record of closing high-value contracts (ranging from $200K to $2M+).
  • Experience selling into large organizations (10,000+ employees) and managing complex, multi-stakeholder sales cycles.
  • Strong communication and negotiation skills, with the ability to influence and persuade senior decision-makers in large organizations.
  • Experience in manufacturing is a plus.
  • Experience using Salesforce to manage pipeline and forecast deals with accuracy and attention to detail.
  • Strong consultative selling and solution-based approach, particularly in industries like industrial equipment, automotive, aerospace, or similar highly technical sectors.

Key Account Executive (Enterprise Sales) employer: CoLab Software

CoLab is an exceptional employer that prioritises employee well-being and professional growth, offering comprehensive health and dental insurance fully covered for employees, along with the flexibility of remote and hybrid work options from our St. John’s, NL office. Our culture fosters collaboration across departments, empowering you to make a significant impact on enterprise sales while enjoying unlimited PTO and the opportunity to engage with some of the world's most respected companies in engineering. Join us to thrive in a dynamic environment where your contributions are valued and rewarded.

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Contact Details:

CoLab Software Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Key Account Executive (Enterprise Sales)

Leverage Your Network

In sales and business development, who you know can often be as important as what you know. Get involved with local networking events or industry meetups to connect with key players. Don't be shy—share your passion for the field and let folks know you're on the lookout for opportunities!

Show Your Skills Through Real-World Results

When targeting a full-time role like Key Account Executive (Enterprise Sales) at CoLab Software, presenting tangible results from your previous sales experience can set you apart. Bring along case studies or examples of how you've closed deals or expanded accounts, and don't forget to showcase your problem-solving prowess. It’s all about quantifying your success!

Engage with Sales Communities

Dive deep into online sales communities, like Sales Hacker or LinkedIn groups dedicated to sales professionals. Engaging in discussions and sharing insights can boost your visibility and might just put you on the radar of hiring managers looking for fresh talent in business development.

Direct Applications Matter

While we all know the online application route, consider sending direct applications to companies you admire, including CoLab Software. Tailor your message to explain why you’re drawn to them and how you can contribute as a Key Account Executive (Enterprise Sales). Sometimes, a personal touch can grab attention faster than a generic application!

We think you need these skills to ace Key Account Executive (Enterprise Sales)

Enterprise Sales Strategy
High-Value Deal Management
Discovery & Solution Selling
Strategic Relationship Building
Proposal Creation & Negotiation
Cross-Functional Collaboration
Pipeline Management

Some tips for your application 🫡

Show Off Those Sales Skills:In your CV and cover letter, highlight any previous sales or business development experience you have. Use numbers and examples to showcase your achievements – did you exceed sales targets or bring in new clients? Make those accomplishments shine!

Tailor Your Message for CoLab Software:When writing your cover letter, make sure to tailor your message specifically for CoLab Software. Show that you know the company’s mission and how your skills align with their goals in the sales landscape. This personalised touch will grab their attention!

Keep It Professional Yet Engaging:Sales is all about relationships, so while you want to maintain professionalism in your application, don’t be afraid to let your personality shine through. Engage the reader and demonstrate your enthusiastic approach to sales and business development!

Proof of Performance:Include any relevant certifications or training you’ve undertaken in sales or negotiation tactics. If you’ve attended workshops or courses, list these to showcase your commitment to professional development. This extra touch can set you apart from the competition!

How to prepare for a job interview at CoLab Software

Know Your Sales Methodologies

Brush up on popular sales methodologies like SPIN Selling or Challenger Sales. Being able to discuss these techniques and how you've applied them will show CoLab Software that you understand the role and can hit the ground running in the sales game.

Demonstrate Your Deal-Making Skills

Prepare to share stories from your past experiences where you closed deals, overcame objections, or started new client relationships. We want to show CoLab Software that you’re not just about numbers but also about building lasting connections in business development.

Prepare for Role-Play Scenarios

In a full-time sales interview, don’t be surprised if they throw in a role-play exercise to test your pitching skills. Practising how you would pitch a product or handle an objection will help us shine in this simulation—think of it like a dress rehearsal for your future sales calls!

Align Your Goals with the Company’s Vision

Take a moment to reflect on how your career ambitions align with CoLab Software’s objectives. When we articulate how our personal growth ties in with the company’s goals, it shows commitment and a genuine interest in contributing to their success.