Account Executive, Commercial (New Business)

Posted 3 Days Ago
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Chicago, IL, USA
In-Office
5-5 Annually
Senior level
Payments • Software
The Role
The Account Executive will identify potential customers, develop sales strategies, manage the sales cycle, and collaborate cross-functionally to address user needs.
Summary Generated by Built In
Who we areAbout Stripe

Stripe is a financial infrastructure platform for businesses. Millions of companies—from the world’s largest enterprises to the most ambitious startups—use Stripe to accept payments, grow their revenue, and accelerate new business opportunities. Our mission is to increase the GDP of the internet, and we have a staggering amount of work ahead. That means you have an unprecedented opportunity to put the global economy within everyone’s reach while doing the most important work of your career.

About the team

The Commercial team is a high-velocity sales team focused on acquiring new, under-penetrated mid-market customers. As an Account Executive on the Commercial Business sales team, you’ll be responsible for sourcing and closing new business, executing outbound sales strategies, and running end-to-end sales cycles to bring new customers onto Stripe. You’ll play a critical role in expanding Stripe’s reach by identifying high-potential prospects and converting them into long-term users of our platform.

What you’ll do

As a Commercial New Business Account Executive, you will play an instrumental role in fueling Stripe’s growth by acquiring new mid-market customers. In this role, you will also help build out a new team and go-to-market (GTM) motion at Stripe.

Responsibilities
  • Identify high-potential prospective users and use effective prospecting strategies to generate leads that drive net-new revenue growth in your territory
  • Develop and implement scaled sales strategies for acquiring new customers and driving adoption of Stripe’s products across new accounts
  • Identify and understand users’ pain points to propose Stripe solutions and own the full sales cycle, from business case development to close
  • Work cross-functionally to solve user pain points and improve our product to better serve new customer needs
Who you are

We’re looking for a high performing, well-rounded seller who can manage high velocity deal cycles, enjoys building and has demonstrated success dealing with ambiguity and operating in a high-growth environment. If you're hungry, persistent and willing to roll up your sleeves to build the plane while we’re flying it, we want to hear from you!

Minimum requirements
  • Minimum of 5+ years full sales cycle/closing experience with new business accounts
  • Ability to understand technical requirements and craft solutions across multiple technology products
  • Ability to perform quantitative analysis and independently manage pricing negotiations 
  • Strong operational acumen and ability to manage and prioritize a book of 100 accounts 
  • Ability and motivation to operate in a highly ambiguous and fast-paced environment
  • Superior verbal and written communication skills
  • You will be required to work from the Chicago office three (3) days per week
Preferred qualifications
  • Prior experience in a sales and/or customer-facing role at a high growth payments company

Skills Required

  • Minimum of 5+ years full sales cycle/closing experience with new business accounts
  • Ability to understand technical requirements and craft solutions across multiple technology products
  • Ability to perform quantitative analysis and independently manage pricing negotiations
  • Strong operational acumen and ability to manage and prioritize a book of 100 accounts
  • Ability and motivation to operate in a highly ambiguous and fast-paced environment
  • Superior verbal and written communication skills

Stripe Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Stripe and has not been reviewed or approved by Stripe.

  • Healthcare Strength Healthcare is positioned as comprehensive across mental, physical, and medical plans. Mental-health support is repeatedly surfaced as a meaningful part of overall coverage.
  • Parental & Family Support Parental leave and fertility benefits are highlighted as core elements of the package. Leave-related benefits are portrayed as a standout area of support for families.
  • Fair & Transparent Compensation Compensation is framed as a relative strength compared to other parts of the employee experience. Pay is frequently characterized as competitive and, for many roles, perceived as fair in absolute terms.

Stripe Insights

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The Company
HQ: Dublin, Dublin
5,360 Employees
Year Founded: 2010

What We Do

Stripe is a technology company that builds economic infrastructure for the internet. Businesses of every size—from new startups to public companies like Salesforce and Facebook—use the company’s software to accept online payments and run technically sophisticated financial operations in more than 100 countries. Stripe helps new companies get started and grow their revenues, and established businesses accelerate into new markets and launch new business models. Over the long term, Stripe aims to increase the GDP of the internet.

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