At a Glance
- Tasks: Close high-value deals with senior stakeholders in temporary recruitment agencies.
- Company: Join a fast-growing recruitment software company revolutionising the temporary worker industry.
- Benefits: Enjoy a competitive salary, hybrid working, and additional perks.
- Why this job: Be part of a dynamic team driving innovation and making a real impact in recruitment.
- Qualifications: 2+ years of sales experience with a proven track record in closing C-level deals.
- Other info: Opportunity to collaborate directly with Founders and shape the sales function.
The predicted salary is between 60000 - 70000 £ per year.
We are working exclusively with our client to find an Account Executive.
About: Our client is a recruitment software designed as an end-to-end solution for temporary workers and their employers - anything from shift booking, timesheets, availability, compliance and P&L. The entire workflow for managing shift workers is driven through one platform, leading to higher profits for temporary agencies, easy admin for employers and a convenient way for temp workers to stay on top of shifts. Following enormous growth through a very lean sales team (Founder-led sales, 1 AE and 2 SDRs), it is now time to bring in a high-performing Account Executive to hunt new business and grow existing accounts!
Key Highlights:
- Borne out of necessity: spun out of a 500-person recruitment agency specialising in temporary workers that have seen the challenge first hand.
- Approaching £2m ARR through Founder-led sales and a 99.5% renewal rate across their client base.
- Huge TAM - clients range from temporary recruitment agencies to large-scale temporary worker employers such as The Nation Rail (currently spending £250k per year). This role has a primary focus on selling into temporary-worker recruitment agencies with an average deal value of £30k ARR.
- Strong pipeline generation through a combination of inbounds and self-generated outbound.
- Very strong ROI for clients. Agencies are reducing their admin costs and increasing their placement rates whilst employers are massively reducing costs involved with temporary worker management.
- Opportunity to work with the Founders to build a scalable and repeatable sales function.
The Role:
- Closing 5 and 6 figure deals with senior stakeholders in the mid-market to enterprise temporary recruitment agencies and large scale temporary-worker employers - this will be in verticals such as rail, healthcare, construction and education. You will be working on deals in the £10k - £250K+ ARR range.
- Ability to open new business opportunities using multi-channel outbound prospecting leveraging channels such as cold calling, emailing and LinkedIn.
- Executing the full sales cycle from open to close and increasing conversion rates through each stage by leveraging a known sales framework such as Challenger, SPIN and / or MEDDICC. This includes teaming with the CTO on more complex deals that involve technical details.
- Closely collaborating with the product teams to contribute to the product road map.
- Nurturing and developing future members of the sales team to make sure they are set up for success.
- Meeting and exceeding sales targets set by senior management. This includes quotas based around subscriptions and implementation.
- Keeping the CRM clean and up-to-date with the right deal and prospect information to allow for accurate pipeline management and forecasting.
- Attending relevant industry events and forums to increase brand exposure and generate new interest.
- Working closely with the Founders to continuously refine the sales function and build an effective sales system.
Requirements:
- At least 2 years of full sales-cycle experience closing deals at the C-level.
- A strong track record of achieving against quotas with an ACV of least £13k ARR.
- Demonstrated success leveraging sales frameworks such as MEDDICC, Challenger or SPIN.
- Ability to sell complex solutions that impact different departments.
- Previous success in an early-stage start-up with document proof of strong performance against quota.
- Ability to work alongside internal leadership to develop the sales function to create a system for success.
- Ideally sold recruitment software in a previous position or have practical industry experience as a temporary worker recruiter.
- Great written and verbal communication.
Benefits:
- Salary from £60k - £70k base + x 2 OTE
- Hybrid working set up with an office in Liverpool Street.
- Other benefits to be discussed.
Account Executive (£60k - £70k base x 2 OTE) (City of London) employer: Cosmic Partners
Contact Detail:
Cosmic Partners Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Account Executive (£60k - £70k base x 2 OTE) (City of London)
✨Tip Number 1
Familiarise yourself with the recruitment software landscape, especially solutions that cater to temporary workers. Understanding the pain points and needs of both agencies and employers will help you articulate how our client's platform can solve their challenges.
✨Tip Number 2
Leverage LinkedIn to connect with professionals in the temporary recruitment industry. Engage with their content and share insights related to recruitment software to position yourself as a knowledgeable candidate who understands the market.
✨Tip Number 3
Prepare to discuss your experience with sales frameworks like MEDDICC or SPIN during interviews. Be ready to provide specific examples of how you've successfully applied these methodologies in previous roles to close deals.
✨Tip Number 4
Attend industry events and forums related to recruitment and temporary staffing. Networking at these events can provide valuable insights and connections that may give you an edge in understanding the company's target clients and their needs.
We think you need these skills to ace Account Executive (£60k - £70k base x 2 OTE) (City of London)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in sales, particularly in the recruitment software sector. Emphasise your achievements in closing deals and meeting quotas, as these are crucial for this role.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention specific experiences that demonstrate your ability to sell complex solutions and your familiarity with sales frameworks like MEDDICC or SPIN.
Showcase Your Sales Achievements: When detailing your work history, quantify your successes. Include figures such as the average deal size you’ve closed, your sales targets, and how you exceeded them. This will help illustrate your capability to meet the expectations of the role.
Prepare for the Interview: If selected for an interview, be ready to discuss your sales strategies and how you've used different channels for prospecting. Familiarise yourself with the company's product and think about how you can contribute to their growth and sales function.
How to prepare for a job interview at Cosmic Partners
✨Know the Product Inside Out
Make sure you understand the recruitment software and its features thoroughly. Be prepared to discuss how it solves problems for temporary workers and employers, as well as how it can benefit potential clients.
✨Demonstrate Your Sales Framework Knowledge
Familiarise yourself with sales frameworks like MEDDICC, Challenger, or SPIN. Be ready to explain how you've successfully applied these methods in your previous roles, especially in closing deals at the C-level.
✨Showcase Your Track Record
Prepare to discuss specific examples of your past sales achievements, particularly those that align with the role's requirements. Highlight your experience in achieving quotas and closing high-value deals.
✨Engage with the Founders' Vision
Research the company's background and the founders' vision for the sales function. Be ready to share your thoughts on how you can contribute to building a scalable and repeatable sales process.