Manager of Commercial Account Management, Thomson Reuters
+ Employee incentive programs
2-3 days a week in office (London-5 Canada Square, Amsterdam-Apollolaan 151)
Financial news and financial data provider
Open for applications
Financial news and financial data provider
1001+ employees
Open for applications
+ Employee incentive programs
2-3 days a week in office (London-5 Canada Square, Amsterdam-Apollolaan 151)
1001+ employees
Company mission
To help professionals advance their businesses and gain competitive advantage with the trusted answers only we can provide.
Role
Who you are
- The ideal candidate possesses a proven track record of successfully leading a team and growing a portfolio of high-value accounts, exceeding sales targets, and cultivating strong customer relationships. You are a customer-centric leader with exceptional communication, negotiation, and team management skills
- Customer Focus: A customer-centric mindset with a commitment to providing exceptional product and service through deep understanding and long-term partnerships with the Softwared technology customers
- Leadership: Proven ability to inspire, motivate, and guide teams to achieve ambitious goals. Provides clarity, energy, and drive for success
- Account Management: Demonstrated ability to develop & execute a strategic account management process that focuses on building and maintaining relationships with key customers to ensure their satisfaction, retention, and drive business growth, leading to customer loyalty, advocacy and long-term revenue
- Sales Acumen: Strong grasp of sales processes and strategies, with the ability to develop compelling value propositions that address customer use cases with solutions from the product portfolio
- Negotiation: Proven ability to negotiate complex terms and conditions and close agreements for the sale and license of software and technology, including services
- Communication: Excellent executive-level verbal and written communication skills. Possesses strong interpersonal skills and active listening skills, capable of conveying complex information in an accessible and engaging manner
- Analytical Thinking: Ability to analyze market data, feedback, and sales performance to inform strategies and decisions
What the job involves
- We are seeking a strategic and results-driven manager to lead our growing account management team and drive revenue growth by calling on our corporate accounts.
- Develop and implement a comprehensive account management strategy aligned with the Corporates segment's strategy in collaboration with cross-functional teams to drive new customer acquisition, expand customer relationships, and renewal sales within assigned territories
- Oversee the development and execution of strategic account plans to achieve sales targets, maximize revenue from existing customers, and expand the customer base
- Lead, mentor, and manage a high-performing account management team, fostering a positive and results-oriented environment through sales process excellence
- Establish clear goals, KPIs, and performance metrics for the team, providing regular feedback and coaching to drive individual and team success
- Ensure a strategic product mix across the assigned team to achieve company revenue goals and sustainable growth
- Foster strong, long-term relationships with key customers and stakeholders, building trust and credibility through consistent communication and exceptional service
- Ensure high levels of customer satisfaction and loyalty by addressing customer needs and concerns promptly and effectively
- Collaborate with the Customer Success Leader to ensure a seamless customer experience, contributing to customer retention and expansion of the full product portfolio
- Collaborate closely with customers to thoroughly understand their business needs, challenges, and goals
- Participate in key customer business meetings to ensure alignment with customer goals and objectives, demonstrating a deep understanding of their business
- Partner effectively with solution consultants to develop tailored solutions that precisely meet customer needs and requirements
- Coordinate seamlessly with professional services teams to ensure timely and successful implementation of solutions, guaranteeing customer satisfaction
- Collaborate with the sales team and the Partnerships & Alliances team to develop and execute go-to-market campaigns with strategic partners
- Develop strong relationships with key partners, ensuring that the partner metric is consistently met or exceeded
- Partner and collaborate with Industry & Product Specialists to develop and execute impactful product marketing campaigns and develop our customer solution portfolio
- Contribute to the prioritization of features and continuous improvement of our solutions and processes based on market feedback and customer needs
- Closely monitor, analyze, and report on key performance metrics, including sales targets, renewal rates, and customer satisfaction, to track progress and identify areas for improvement
- Provide regular reports, updates, and other information on account management activities and outcomes to executive leadership, ensuring transparency and accountability
- Continuously assess and improve processes to enhance efficiency and effectiveness of the account management team
- Key Success Measures
- Sales Performance: Total Revenue, Team Quota Achievement, Average Deal Size, Win Rate, Sales Cycle Length, Revenue Growth, Upsell/Cross-sell Revenue, Net Dollar Retention, Customer Lifetime Value (CLTV), Customer Acquisition Cost (CAC) to CLTV Ratio, Partner Attach Rate, New customer acquisition
- Leadership and Operational Efficiency: Account Manager Productivity, Strategic Account Planning, Operational Excellence, Team Morale and Turnover, Team Development
- Challenge & Commit: Embraces challenges, takes ownership, and is fully committed to delivering exceptional results
- Growth Mindset: Continuously seeks opportunities for learning and development, embraces feedback, and is adaptable to change
- People Leader: Excels at leading, coaching, and developing team members, creating a positive and supportive work environment
Our take
Thomson Reuters is reinventing the way professionals work. The multinational media conglomerate provides answers that help professionals make better decisions to run smarter businesses. It targets those in complicated sectors that move society forward; tax, law, compliance, government, and media.
Founded over 165 years ago, the company is now powered by thousands of international journalists. This bandwidth guarantees speed, impartiality, and insight that have helped Thomson Reuters retain its position a market leader. To stay competitive with companies founded in the digital era, Thomson Reuters places emphasis on helping clients reinvent themselves for the newly disruptive digital age.
As well as investing in the coverage of growth markets India and China, and embarking on a number of fintech acquisitions, Thomson Reuters announced an expansion of its long-term partnership with the London Stock Exchange Group in 2023. Together, they plan to enhance the value of financial and market news services to LSEG customers, whilst delivering a superior experience to professionals around the world.
Freddie
Company Specialist at Welcome to the Jungle
Insights
4% employee growth in 12 months
Company
Company benefits
- Global careers
- Flexibility
- Work that matters
- Employee appreciation & recognition
- 2 paid volunteer days
- Learning and development
- Parental leave
- Social events and activities
- 2 mental health days off
Company HQ
Wellington Place, Toronto, ON
Leadership
Steve Hasker
(President & CEO, not founder)Previously served as Senior Advisor for TPG, CEO for Creative Artists Agency, Global President & Chief Operating Office for Nielsen, and as a Partner for McKinsey & Company.
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