Strategic Account Executive - UHV Payors at Melio

New York, New York, United States

Melio Logo
Not SpecifiedCompensation
Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Wholesale, Retail, Software, Logistics, ConstructionIndustries

Requirements

  • 4-6+ years of demonstrated success in sales and high-level account management, adept at navigating the full sales cycle across diverse offerings including cash flow management tools and subscription models, with quantifiable sales achievements (e.g., quota attainment, revenue generated)
  • Experience working with small, medium, and enterprise-sized businesses, preferably in startup environments
  • Previous experience in payments or financial technology companies (advantageous)
  • Strong collaborator with experience working closely with teammates, marketing, payment operations, enablement, product, and other internal teams to align strategies based on customer feedback
  • Hard-working with a 'never give up' attitude, natural tenacity, desire to succeed, setting the example for work ethic, initiative, enthusiasm, and commitment
  • Genuinely curious about customer businesses, with a natural drive to understand unique needs and pain points, excelling at asking insightful questions across all organizational levels from C-level to individual contributors
  • Coachable, with openness to feedback and desire for constant improvement
  • Strong communicator skilled at explaining Melio’s value proposition with financial concepts to diverse audiences via video, phone, writing, and in person
  • Knowledgeable about target personas and industries (Wholesalers, Retail, Software, Logistics, Construction)
  • Proficiency in sales and sales automation tools (e.g., Salesforce, Outreach.io, Gong.io, Apollo, LinkedIn Sales Navigator, Google Suite, Tableau)

Responsibilities

  • Developing and executing strategic outbound prospecting initiatives to identify and engage with ultra-high-value businesses
  • Researching opportunities, initiating discussions, building relationships, conducting compelling product demonstrations, managing onboarding cycles, and closing deals (end-to-end new and existing business sales)
  • Managing inbound leads and nurturing existing client relationships, conducting in-depth account discovery calls to emphasize Melio.com's value proposition for Accounts Payable and Receivable
  • Hosting meetings with key stakeholders for account setup, onboarding, product demonstrations, and user discovery sessions, including travel to conferences and direct customer visits as needed
  • Collecting valuable customer feedback and requirements, translating them into actionable insights for internal stakeholders across product and operations
  • Collaborating with internal teams to develop targeted outreach strategies tailored to specific audiences
  • Exceeding monthly targets and helping create best practices to scale the UHV team

Skills

Sales
Account Management
Full Sales Cycle
Quota Attainment
Revenue Generation
B2B Sales
FinTech
Payments
Customer Discovery
C-Level Selling
Strategic Sales
Cross-Functional Collaboration
Verbal Communication
Written Communication

Melio

Digital payment solution for small businesses

About Melio

Melio Payments provides a digital payment solution aimed at helping small businesses manage their finances more effectively. The platform allows businesses to pay their vendors and suppliers using various methods, including ACH bank transfers and credit cards. A notable feature is the option to defer credit card payments for up to 45 days, which assists in cash flow management. Additionally, businesses can earn rewards on their credit card expenses. Melio charges a 2.9% fee for credit card transactions, while ACH transfers are free, making it a cost-effective choice for many. The platform also enhances expense management by allowing businesses to assign roles, digitize approval workflows, and automate bill payments, all while ensuring the security of financial information. Melio's goal is to simplify the payment process for small businesses in the retail and e-commerce sectors, providing them with greater control over their finances.

New York City, New YorkHeadquarters
2018Year Founded
$636.2MTotal Funding
SERIES_ECompany Stage
Consumer Software, Fintech, Financial ServicesIndustries
501-1,000Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
401(k) Company Match
Wellness Program
Paid Vacation
Paid Sick Leave
Hybrid Work Options
Meal Benefits
Professional Development Budget
Performance Bonus

Risks

Increased competition from Amazon Business could reduce Melio's market share.
Valuation cut to $2 billion suggests potential investor concerns about growth.
Rapid feature expansion may strain resources, leading to operational inefficiencies.

Differentiation

Melio offers a 45-day payment deferral using credit cards, aiding cash flow.
ACH transfers are free, providing a cost-effective payment option for small businesses.
Melio's platform allows role assignments and automated workflows, enhancing expense control.

Upsides

Recent $150M Series E funding supports growth through strategic partnerships.
Integration with Amazon Business enhances Melio's reach in the B2B sector.
Growing demand for real-time payments presents an opportunity for Melio's service expansion.

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