Modern Treasury

Account Executive - Mid-Market

San Francisco, California, United States

$115,000 – $130,000Compensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Fintech, Enterprise SoftwareIndustries

Requirements

Candidates must have at least 5 years of sales experience with a proven track record of closing deals. They should possess the ability to understand Modern Treasury’s API and effectively communicate it to both technical audiences and finance teams. A history of driving consistent activity, developing pipelines, and achieving quotas is essential. Superior verbal and written communication, presentation, and relationship management skills are required, along with the ability to thrive in a fast-paced, dynamic environment. A BA/BS degree is also required.

Responsibilities

The Account Executive will own the relationship with prospects and guide them through the full sales cycle to ensure customer satisfaction. They will engage in multi-party consultative sales processes, involving stakeholders across various levels including CFOs, CTOs, CPOs, and COOs. The role involves developing a deep understanding of the product and articulating how companies can leverage APIs and webhooks to automate workflows. They will partner closely with the sales engineering team, manage and close strategic deals, and build excellent customer rapport while creating a substantial sales pipeline.

Skills

Sales
API
Pipeline Development
Quota Achievement
Communication
Relationship Management
Technical Sales
Financial Teams

Modern Treasury

Payment operations software for enterprises

About Modern Treasury

Modern Treasury specializes in payment operations software designed to enhance the movement of money for large enterprises across various industries such as real estate, healthcare, insurance, education, and financial services. Their software streamlines payment processes by enabling faster transactions, automatic reconciliation of records, and providing real-time financial data, all supported by artificial intelligence. This allows businesses to manage their financial operations more effectively and securely. Unlike many competitors, Modern Treasury focuses on serving large clients with significant transaction volumes, offering a subscription-based software as a service (SaaS) model that ensures continuous access to updates and features. The company's goal is to modernize payment operations and improve the efficiency and security of financial transactions.

Key Metrics

San Francisco, CaliforniaHeadquarters
2018Year Founded
$178.1MTotal Funding
SERIES_CCompany Stage
Fintech, AI & Machine LearningIndustries
51-200Employees

Benefits

Inclusive healthcare package
Unlimited PTO
Paid parental leave
$1k stipend to setup a home office
$500 yearly book stipend
Charitable donation matching
401k

Risks

Increased competition from fintech companies could erode Modern Treasury's market share.
Rapid adoption of instant payment systems may pressure Modern Treasury to innovate continuously.
AI-driven solutions expose the company to risks of biases and errors in financial data.

Differentiation

Modern Treasury automates the full cycle of money movement for large enterprises.
The company offers AI-driven reconciliation to enhance financial workflows and cash visibility.
Modern Treasury provides professional services for tailored payment infrastructure integration.

Upsides

Expansion of instant payments support with six top banks enhances customer experience.
Professional Services offering creates a new revenue stream and strengthens customer relationships.
Inclusion in the 2024 Fintech Innovation 50 list boosts its recognition and appeal.

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