Key Responsibilities and Required Skills for Enterprise Account Executive
💰 $150,000 - $350,000+ OTE
🎯 Role Definition
As an Enterprise Account Executive, you are the CEO of your territory. You will be responsible for landing and expanding our footprint within a defined set of large, complex organizations. This is a pivotal, high-impact role that requires a blend of strategic thinking, relentless execution, and the ability to build deep, multi-threaded relationships. You will be at the forefront of our market expansion, directly contributing to our revenue goals and brand reputation by solving our customers' most challenging problems. This role is for a seasoned sales professional who thrives on navigating intricate organizational structures and closing large, transformative deals.
📈 Career Progression
Typical Career Path
Entry Point From:
- Senior Account Executive (Mid-Market)
- Business Development Manager
- Senior Account Manager
Advancement To:
- Regional Vice President (RVP) of Sales
- Director of Strategic Accounts / Global Accounts
- VP of Sales
Lateral Moves:
- Sales Enablement Lead
- Director of Customer Success
- Partner/Channel Alliance Manager
Core Responsibilities
Primary Functions
- Develop and meticulously execute strategic, multi-year account plans for a portfolio of 10-15 named enterprise accounts to achieve and consistently exceed assigned revenue quotas.
- Orchestrate the entire complex sales cycle from initial discovery and qualification to contract negotiation and closing, often involving multi-million dollar, multi-year agreements.
- Build and nurture deep, multi-threaded relationships with key stakeholders across the enterprise, from C-level executives (CIO, CFO, CEO) to VPs and Directors in IT and business units.
- Act as a trusted advisor and industry expert, providing insightful, value-driven consultation to clients about their business challenges and how our solutions can drive their strategic initiatives.
- Lead and coordinate a cross-functional virtual team, including Sales Engineers, Solution Architects, Professional Services, Legal, and Marketing, to present a unified and compelling value proposition.
- Conduct in-depth discovery sessions to uncover and understand customer pain points, strategic objectives, decision-making processes, and budget cycles.
- Master and effectively articulate the company's value proposition, competitive differentiators, and product capabilities through compelling storytelling, demonstrations, and ROI/TCO analysis.
- Generate and manage a robust sales pipeline, maintaining a high level of forecast accuracy through diligent and detailed use of the CRM system (e.g., Salesforce).
- Navigate complex procurement processes and lead sophisticated commercial and legal negotiations, working closely with internal legal and finance teams to secure favorable terms.
- Identify and cultivate new expansion opportunities within existing accounts (upsell/cross-sell) by staying deeply connected to their evolving business needs and successes.
- Develop and execute a detailed territory plan that outlines strategies for market penetration, competitive displacement, and key account acquisition.
- Proactively prospect and generate new business opportunities within your assigned territory or vertical through strategic outreach, networking, and collaboration with the Business Development team.
- Represent the company with exceptional professionalism and integrity at industry events, trade shows, and executive-level conferences to build brand awareness and generate high-value leads.
- Provide timely and insightful feedback from the field to Product, Marketing, and Executive teams to influence the company's strategic direction and product roadmap.
- Maintain an expert-level understanding of the competitive landscape and be able to effectively position our solutions against key competitors.
- Create and deliver highly customized, executive-level presentations and proposals that clearly articulate the business value and return on investment of our solutions.
- Manage and respond to complex RFPs, RFIs, and security questionnaires in a timely, thorough, and strategic manner.
- Drive customer advocacy by ensuring successful implementation and adoption, leading to strong references, case studies, and testimonials that can be leveraged in future sales cycles.
- Consistently achieve quarterly and annual sales targets, demonstrating a clear and verifiable track record of overachievement and high performance in previous roles.
- Utilize advanced sales methodologies (e.g., MEDDPICC, Challenger Sale, Value Selling) to manage opportunities, mitigate risk, and guide customers through their buying journey.
- Establish and maintain executive-level sponsorship within target accounts to ensure long-term strategic alignment and partnership.
- Accurately forecast monthly and quarterly bookings and manage a predictable sales pipeline, providing transparent updates to sales leadership.
Secondary Functions
- Mentor and guide junior members of the sales team, such as Business Development Representatives and Commercial Account Executives.
- Collaborate with the marketing team to develop and execute targeted account-based marketing (ABM) strategies for your assigned territory.
- Provide detailed voice-of-the-customer feedback to the product management team to help shape future product enhancements and innovations.
- Contribute to the continuous improvement of the sales process and playbook by sharing best practices and successful strategies with the wider team.
Required Skills & Competencies
Hard Skills (Technical)
- CRM Mastery: Expert-level proficiency in Salesforce or a similar enterprise-grade CRM for pipeline management, forecasting, and reporting.
- Sales Methodologies: Deep, practical experience with formal sales methodologies such as MEDDPICC, MEDDIC, The Challenger Sale, or Value Selling Frameworks.
- Sales Engagement Platforms: Proficiency with tools like SalesLoft, Outreach, or similar platforms for orchestrating communication at scale.
- Prospecting Tools: Skilled in using LinkedIn Sales Navigator and other data services (e.g., ZoomInfo) for account mapping and prospecting.
- Forecasting & Pipeline Management: Ability to accurately forecast bookings and manage a sales pipeline in a predictable manner.
- Presentation Software: Advanced skills in creating compelling and professional presentations using PowerPoint or Google Slides.
- Collaboration Tools: Familiarity with modern collaboration tools like Slack, Microsoft Teams, and Asana.
- ROI & TCO Modeling: Experience building and presenting business cases, including Return on Investment (ROI) and Total Cost of Ownership (TCO) models.
- Contract Negotiation: Proven ability to manage complex negotiation cycles with procurement, legal, and executive stakeholders.
- Account Planning Software: Experience using tools for strategic account and territory planning.
Soft Skills
- Executive Presence: The ability to command a room and build credibility with C-level executives.
- Strategic Negotiation: A masterful negotiator who can create win-win scenarios while protecting company interests.
- Consultative Selling: A natural curiosity and ability to ask insightful questions to uncover deep-seated business challenges.
- Relationship Building: The capacity to build and maintain a wide network of deep, long-lasting professional relationships.
- Compelling Storytelling: The skill to weave a narrative that connects a customer's problems to your solution's value.
- Resilience & Grit: The ability to handle rejection, navigate obstacles, and maintain a positive, driven attitude.
- Strategic Thinking: The aptitude to see the bigger picture, develop long-term account strategies, and anticipate market trends.
- Problem-Solving: A creative and analytical approach to overcoming complex challenges in a sales cycle.
- Time Management & Prioritization: The discipline to manage a complex portfolio of accounts and opportunities effectively.
- Team Leadership: The ability to orchestrate and lead a virtual team of internal resources to a successful outcome.
Education & Experience
Educational Background
Minimum Education:
- Bachelor's Degree from an accredited university.
Preferred Education:
- Master of Business Administration (MBA).
Relevant Fields of Study:
- Business Administration
- Marketing
- Communications
- Computer Science or a related technical field
Experience Requirements
Typical Experience Range: 8-12+ years
Preferred: A minimum of 8 years of B2B sales experience, with at least 5 years in an enterprise-level role selling complex software (SaaS), technology, or platform solutions to Fortune 1000 or equivalent-sized companies. A proven, quantifiable track record of exceeding multi-million dollar annual quotas and closing six- or seven-figure deals is essential. Experience managing long, complex sales cycles (9-18 months) is highly desirable.