Strategic Account Executive

Transcend

Transcend

Sales & Business Development
United States · Remote
Posted on Dec 13, 2024

Strategic Account Executive

About Transcend

Transcend is the privacy platform that makes it easy to encode privacy across your tech stack.

We believe that engineering privacy rights and making them easily accessible to the world is one of the most high-impact ways we can spend our time. That's why we're building an ambitious team that’s passionate about solving the important problems of the future and having fun while doing it. We’re backed by Accel, Index, 01A, StepStone Group, and HighlandX growing fast, and are serving some of the most iconic brands in the world.

(Even if you don't see a good fit below, we'd still love to stay in touch. Email us at [email protected]).

About the role

Transcend is seeking a highly skilled and strategic Strategic Account Executive (AE) to drive new business acquisition and account growth within the enterprise segment. As an Strategic Account Executive (AE), you will target key accounts, focusing on businesses that align with Transcend’s product offering, and navigate complex sales cycles across multiple stakeholders. You will be responsible for building deep relationships, developing strategic account plans, and leveraging cross-functional teams to drive customer success. The ideal candidate has a strong understanding of industry trends, is detail-oriented, and excels in strategic deal management.

What you'll do

  • Target and Qualify High-Value Accounts: Identify and prioritize accounts based on market signals, historical industry trends, and prior engagement with Transcend products. Focus on accounts with a high propensity to engage and deliver significant annual contract value (ACV).
  • Develop Strategic Account Plans: Build in-depth account plans for top target accounts, detailing key Transcend initiatives, organizational structures, key stakeholders, engagement strategies, use cases, and how Transcend’s solutions can drive significant business value.
  • Leverage Product and Industry Expertise: Utilize emerging product capabilities and proof points to break into enterprise accounts in traditional industries (e.g., financial services, healthcare). Tailor messaging and engagement strategies to align with industry-specific use cases and pain points.
  • Generate Best-in-Class Messaging: Create new, highly effective messaging and engagement methods that can be shared across the AE organization. Personalize outreach across various channels, including email, LinkedIn, and cold calls, targeting key personas with relevant, impactful content.
  • Engage with C-Suite Executives: Work with Transcend executives to break into the C-suite of target accounts, crafting executive-level messaging and managing outreach to establish relationships with senior leaders.
  • Collaborate with Cross-Functional Teams: Work closely with Sales Development Representatives (SDRs), Sales Engineers (SEs), Product, Customer Success, and Professional Services to align efforts and ensure a seamless customer experience from initial engagement through closing and implementation.
  • Drive Complex Sales Cycles: Lead and manage complex enterprise sales cycles involving multiple stakeholders, business units, and departments (e.g., Engineering, Product, Marketing, and Data). Develop deep relationships within accounts to navigate organizational structures and multi-thread opportunities.
  • Build Business Cases and ROI Models: Collaborate with the Value Engineering team to build compelling business value assessments (BVA), showcasing the ROI of Transcend’s solution, aligned with customer metrics and industry benchmarks.
  • Negotiate and Close Deals: Own the negotiation process, including pricing, contract terms, and commercial agreements. Drive multiple rounds of negotiations, ensuring that deals align with Transcend’s pricing strategy while addressing customer objectives.
  • Develop and Execute Mutual Action Plans: Create mutual action plans with champions and stakeholders, detailing key activities and milestones throughout the sales cycle, including evaluation, solutioning, commercials, and implementation.
  • Conduct Discovery and Qualification: Perform thorough discovery at all stages of the sales cycle, surfacing pain points across buyer roles (Privacy, Marketing, Legal, Engineering, Data, Marketing). Qualify deals based on business initiatives and align project scope with customer challenges.
  • Maintain Accurate Forecasting: Provide consistent and accurate forecasting throughout the opportunity lifecycle, ensuring CRM records are up-to-date and aligned with sales methodology (e.g., MEDDPICC).
  • Lead Custom Demos and POCs: Partner with SEs to deliver tailored product demos and proof-of-concept (POC) engagements that are tightly scoped, have clear success criteria, and align with executive sponsorship.
  • Engage Legal and Procurement: Collaborate with Legal, Security, and Procurement teams during contract negotiations to ensure smooth execution of commercial terms and mitigate risks.
  • Build and Maintain Customer Relationships: Foster long-term relationships with key stakeholders in existing accounts to support future expansion opportunities. Act as the main point of contact, driving account growth and renewal strategies.

Who you are

  • Strategic Enterprise Sales Expert: You bring 7+ years of experience in enterprise sales working directly with F500 customers, ideally in SaaS or enterprise technology. You have a proven track record of consistently exceeding quota and closing complex deals in large enterprise and strategic accounts.
  • Pipeline Generation: You understand the critical importance of generating pipeline on a consistent basis. You are skilled and have demonstrated experience generating quality pipeline in large enterprise and strategic account.
  • Detail-Oriented and Analytical: You are highly detail-oriented and excel at synthesizing complex information, such as product entitlements, usage data, and contractual terms, into strategic recommendations.
  • Industry-Focused: You have deep expertise in targeted industries (e.g., financial services, healthcare), and understand how to align Transcend’s solutions with industry-specific challenges and opportunities.
  • Strong Communicator and Negotiator: You are skilled at building compelling business cases and delivering tailored, value-based messaging to C-suite executives and senior decision-makers. You excel at leading negotiations and navigating contract discussions.
  • Cross-Functional Collaborator: You thrive in a cross-functional environment, working seamlessly with Sales, Marketing, Product, SEs, and Customer Success to deliver customer-centric solutions.
  • Strategic Thinker: You are adept at building and executing strategic account plans that drive long-term growth and customer success. You take a consultative approach to selling, focusing on solving customer problems and delivering value.
  • Self-Starter with Multi-Tasking Skills: You are highly independent and able to manage multiple complex sales cycles simultaneously, with strong time management and context-switching abilities.
  • Proficient in Sales Methodologies: You are familiar with MEDDPICC or similar sales qualification frameworks, and have experience conducting gap analyses and running deal reviews for high-value opportunities.

Why join us?

The people at Transcend are driven, kind and know how to balance work, life and memes. We learn from each other and have a strong support system.

You’re joining a fast growing start up, with opportunities to help define and grow the organization.

We have a strong mission to protect user privacy rights everywhere. The privacy compliance landscape is growing, and we are at the forefront of building solutions that protect user privacy rights with modern infrastructure and automation.

You will have autonomy and trust to drive initiatives from the start.

We believe that turning the principles of data privacy into exercisable human rights is one of the most high-impact ways we can spend our time, and so we're building an ambitious team that’s passionate about solving important problems and having fun while doing it.

As the best-in-class solution in a new market, Transcend is a fast-paced and exciting workplace. The product evolves quickly to meet new client needs and adapts to the rapidly advancing world of privacy law. As one of Transcend’s earliest hires, you’ll get to work on a wide array of exciting projects.

Additional Information

Transcend is an equal opportunity employer that values diversity, inclusion and belonging. We do not discriminate on the basis of race, religion, color, national origin, gender, gender identity or expression, sexual orientation, age, marital status, veteran status, disability status, or any other characteristic protected by law. We will consider for employment all qualified applicants with arrest and conviction records in a manner consistent with applicable law.

Our comprehensive compensation packages play a big part in how we recognize you for the impact you have on our path to bringing data rights to everyone.

For this role, the estimated annual OTE salary ranges are below. The actual annual salary will vary based on various factors, including market and individual qualifications objectively assessed during the interview process.

The listed range below is a guideline, and the annual OTE salary range for this role may be modified. Transcend offers attractive health benefits, equity, and perks in addition to cash compensation.

Benefits

Taking Care of You and Yours

  • Medical, dental, and vision insurance: 80% coverage for you, and 50% coverage for all your dependents.
  • Voluntary disability insurance: short-term disability, long-terms disability, and life insurance.
  • 401(k) plan with 4% matching.
  • Free One Medical membership sponsored by us.
  • Access to our EAP (Employee Assistance Program).

Flexible PTO 🌴

  • Take as many vacation, sick, and mental health days as you need.
  • 13 additional company holidays, plus 4 Transcend Days Off.
  • Generous parental leave, caregiver, emergency, and compassionate leave policies.

Setting You Up For Success 💳 🥐

  • A unique and diverse remote-first company culture, shaped by people with entrepreneurial mindset who build together and aim for excellence always.
  • $360 a month for all meals.
  • Flexible spending accounts for commuter costs, and healthcare expenses.
  • Meaningful equity.
  • Company retreats.

The pay range for this role is:

250,000 - 300,000 USD per year (Remote - United States)

Sales

Remote (United States)

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