Global Strategic Initiatives Sales Executive
- Full-time
- IFS Referral Bonus Code: SH21
- Job location: On site
Company Description
IFS delivers award-winning enterprise software solutions through the use of embedded digital innovation and a single cloud-based platform to help businesses be their best when it really matters–at the Moment of Service™.
At IFS, we're flexible, we're innovative, and we're focused not only on how we can engage with our customers, but on how we can make a real change and have a worldwide impact. We help solve some of society's greatest challenges, fostering a better future through our agility, collaboration, and trust.
We celebrate diversity and accept that there are so many different perspectives in this world. As a truly international company serving people from around the globe, we realize that our success is tantamount to the respect we have for those different points of view.
By joining our team, you will have the opportunity to be part of a global, diverse environment; you will be joining a winning team with a commitment to sustainability; and a company where we get things done so that you can make a positive impact on the world.
We're looking for innovative and original thinkers to work in an environment where you can #MakeYourMoment so that we can help others make theirs.
If you want to change the status quo, we'll help you make your moment. Join Team Purple. Join IFS.
Job Description
VP, GSI is responsible for defining and leading an Account Team during the various stages of the Deal Cycle. The individual will participate in various portions of the following phases: Strategy, Deal Structuring, Negotiations and Closure.
Strategy:
Work with the Account Teams on key strategic deals.
Lead or support the execution of the deal setting objectives and analyse key corporate data (such as Corporate reports, Board Members, eco-system).
Formulate, set, and manage strategy with account team to accelerate sales cycle
Confirm key decision makers and their decision-making process
Identify key levers to create compelling event to drive closure
Advise and discuss competitive positioning
Deal Structuring
Understand the business objectives and will lead or support the account team to create a deal structure that maximizes the value of the opportunity and achieving IFS’s business objectives.
Prepares the Bill of Materials, Cash Flows and other documents supporting the optimal structure.
Coordinate the various internal IFS stakeholders (e.g., Revenue Recognition, Pricing, Legal) to gather data and obtain approvals for the deal structures.
Advise and construct optimal commercial structure addressing competition and customer requests while preserving revenue recognition and IFS value
Create existing landscape overview
Lead or support presentation of proposal to customer
Develop strategy for pricing and discount structure to maximize value
Analyze and confirm scope of Bill of Materials
Formulate competitive financial models (e.g. cash flow, NPV, deal comparisons, etc.) to use as comparative tools to grow opportunity
Negotiations:
Experience in coordinating internal stakeholders to support the account teams during the ongoing customer negotiations, including commercial aspects of the deal structure.
Understands issues pertaining to Revenue Recognition, Pricing, Commercial and Legal, in order to secure optimal results and deal execution.
Lead or support negotiations of terms and conditions of Software License and Services Agreement
Finalize internal proposal approval
Facilitate release of proposal/contracts
Define joint close plan
Coordinate various IFS Teams (e.g. RevRec, Contracts, Pricing, Finance) for deal involvement and input/evaluation
3rd party negotiators experience
Closure:
Able to lead or support final closure of contractual/legal issues for the deal.
Finalize terms and conditions with customer
Deliver executable contracts
Ensure customer commitment and signature
Receive and review signed contracts
Ensure internal contractual closure and booking process
Qualifications
People Leadership (within a Matrix)
Strong Business acumen
Results focused – driving business performance / achieving against targets
Strategic mindset
Strong Relationship management
Commercial awareness
Strong Influencing skills
Ability to define & analyse comprehensive amounts of information (e.g. on existing contracts, previous purchase, customer history)
Influence and support documentation for competitive financial models (e.g., cash flow, NPV, deal comparisons, etc.) to use as comparative tools to grow opportunity
Coordinate various IFS Teams (e.g. Rev Rec, Contracts, Pricing, Finance) deal involvement and input/evaluation
Support commercial structure addressing competition and customer requests while preserving revenue recognition and IFS value
Devise strategy for pricing and discount structure to maximize value
Lives the IFS Values
Additional Information
Essential:
Highly experienced individual with background in Enterprise Software Sales
Strong backgrounds in creating, growing and closing strategic and/or complex opportunities
experience in coordinating internal stakeholders to support the account teams during the ongoing customer negotiations, including commercial aspects of the deal structure
Enterprise Sales Background, with strong Legal and Rev Rec understanding.
This role can be based in Singapore or Dubai