Key Account Executive

Posted Yesterday
Be an Early Applicant
5 Locations
In-Office or Remote
139K-225K Annually
Senior level
Cloud • Enterprise Web • Hardware • Information Technology • Internet of Things • Robotics • Semiconductor
A global provider of technology products, services, and solutions.
The Role
The Key Account Executive manages large, complex customer accounts, builds strategic executive relationships, drives solution-based sales, negotiates quotations and contracts, and achieves sales and margin targets. Responsibilities include managing RFQs, renewals, competitor and market analysis, supplier collaboration, territory growth, and leading cross-functional teams. The role requires electronic distribution sales experience, major-account management, presentation skills, and proficiency with Salesforce, Excel, and PowerPoint.
Summary Generated by Built In
Position:Key Account Executive
Job Description:

Arrow’s Key Account Executive is the single point of contact for large, complex customers. This position will create opportunities by establishing strategic relationships with high level decision makers at various organizations. This person will be responsible for achieving sales quotas set forth by Arrow and developing processes that ensure mutual performance objectives at met. This person will execute solution-based selling through advanced knowledge of Arrow’s supply chain solutions and design processes. This person will be responsible for increasing sales and maximizing margins by selling value-added, long-term solutions.

What You’ll Be Doing:

  • Quotations and contract negotiations: plan, manage, and oversee all the RFQ’s signed off within their assigned customers.

  • Ensure that all RFQ activities and strategies are well established, communicated, addressed, and agreed upon within Arrow guidelines, policies, and procedures.

  • Directly participates in the review and negotiation of significant contracts.

  • Assist in reviewing customer requests to ensure amendments to the terms and conditions in contracts are carried out.

  • Ensure that all Arrow departments and customer departments have the necessary information to ensure a seamless contract renewal/negotiation process.

  • Have an in-depth, comprehensive understanding of Arrow’s market share in each assigned territory as well as the top competitor’s market share in that area; Ability to identify the type of business each competitor is supporting and why.

  • Consistently maintain and grow share within each assigned account.

  • Take an innovative and creative approach to supplier and customer action plans; Have an expert understanding of the customer’s business at all levels and disciplines of the organization.

  • Develop and build influential and strategic relationships at the highest level of organizations

  • Utilize distribution/rep/supplier knowledge to grow sales and profits within assigned territory. Interface with suppliers to update them on demand creation progress through meetings and reviews.

  • Build strong relationships with suppliers’ reps and managers, leveraging these relationships to receive future product development and supply chain solution information.

  • Develop relationships with key personnel in marketing, product development, manufacturing, purchasing, and engineering

  • Leads functional teams and projects and serves as best practice/quality resource.

What We Are Looking For:                                                      

  • Has a thorough understanding of the customer’s needs and the customer’s decision-making hierarchy to proactively assess, clarify, and validate customer needs on an ongoing basis

  • 5 years of key account manager experience or general or field sales management experience in the electronic distribution industry

  • Ability to build influential relationships with customers

  • Experience working with distribution and complex major accounts

  • Hunter mentality

  • Proficiency with data, SFDC, Excel, and PowerPoint presentations required.

  • Excellent presentation skills are a must.

  • P&L experience preferred

  • Has previously managed a territory or accounts up to $125 million

  • This position is a 70/30 split-the number posted includes the commission.

Work Arrangement: You will follow a hybrid work schedule of 3 days per week in office and 2 days per week remote.

What’s In It For You:

At Arrow, we recognize that financial rewards and great benefits are important aspects of an ideal job. That’s why we offer competitive financial compensation, including various compensation plans and a solid benefits package.

  • Medical, Dental, Vision Insurance

  • 401k, With Matching Contributions

  • Short-Term/Long-Term Disability Insurance

  • Health Savings Account (HSA)/Health Reimbursement Account (HRA) Options

  • Paid Time Off (including sick, holiday, vacation, etc.)

  • Tuition Reimbursement

  • Growth Opportunities

  • And more!

This role will perform work covered by International Traffic in Arms Regulations. Viable candidates for this position must be eligible for an export license or be a U.S. Person (which includes but is not limited to U.S. citizens or nationals, lawful permanent residents, refugees, and asylees).

#LI-KO1

Annual Hiring Range/Hourly Rate:
$138,900.00 - $225,229.49

Actual compensation offer to candidate may vary from posted hiring range based upon geographic location, work experience, education, and/or skill level. The pay ratio between base pay and target incentive (if applicable) will be finalized at offer. 


Location:
US-IL-Downers Grove, Illinois (Butterfield Rd)


 

Remote work employees may be required to be present at the closest designated Arrow office for work-related purposes, at the Company’s request and sole discretion.
Time Type:
Full time
Job Category:
Sales

EEO Statement:

Arrow is an equal opportunity employer. All applicants will be considered for employment without attention to race, color, religion, gender, age, sexual orientation, gender identity, national origin, veteran or disability status. (Arrow EEO/AAP policy)

All Arrow job postings are for existing job vacancies. We anticipate this requisition will be open for a minimum of five days, though it may be open for a longer period of time. We encourage your prompt application.

In any materials you submit, you may redact or remove age-identifying information such as age, date of birth, or dates of school attendance or graduation. You will not be penalized for redacting or removing this information.

Skills Required

  • Five years of key account management or general/field sales management experience in the electronic distribution industry
  • Experience working with distribution and complex major accounts
  • Ability to build influential relationships with customers and high-level decision makers
  • Hunter mentality
  • Proficiency with data, SFDC, Excel, and PowerPoint
  • Excellent presentation skills
  • Experience managing a territory or accounts up to $125 million
  • Eligibility for an export license or U.S. Person status under ITAR requirements
  • P&L experience

Arrow Electronics, Inc. Compensation & Benefits Highlights

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

  • Affordable Benefits Medical coverage includes multiple options with income-tiered employer contributions that substantially reduce costs for lower-wage employees (the base plan was heavily subsidized for earners under $55,000). These affordability measures, alongside EAP and telemedicine, help the overall package offset middling base pay in some roles.
  • Parental & Family Support New parents receive fully paid leave (six weeks at 100% pay in prior materials, with more recent reporting of up to 12 weeks fully paid for the delivering parent in the U.S.). Backup dependent care and related family supports are also provided.
  • Leave & Time Off Breadth Many salaried roles have unlimited PTO, while hourly staff receive competitive accrual-based PTO, with added flexibility from floating holidays and observance of MLK Day. These options indicate a broad time-off framework across employee groups.

Arrow Electronics, Inc. Insights

Am I A Good Fit?
beta
Get Personalized Job Insights.
Our AI-powered fit analysis compares your resume with a job listing so you know if your skills & experience align.

The Company
HQ: Centennial, CO
22,000 Employees
Year Founded: 1935

What We Do

A Fortune 500 company, ranked #133 in 2024, with over 22,000 employees worldwide, Arrow guides innovation forward for over 220,000 leading technology manufacturers and service providers. With 2023 sales of $33 billion, Arrow develops technology solutions that improve business and daily life. Arrow.com is the easiest place for innovators to create, make and manage technology.

Why Work With Us

Arrow is much more than products and services. We are a team of many backgrounds in a global ecosystem, working toward one common goal: to help customers create a better tomorrow, where innovation improves the quality of life and the benefits of technology are more accessible to all. Join us in building a better tomorrow for many!

Gallery

Gallery

Similar Jobs

Remote
United States
286 Employees
96K-120K Annually
Remote
United States
210 Employees
49K-130K Annually

Overjet Logo Overjet

Account Executive

Artificial Intelligence • Cloud • Computer Vision • Healthtech • Software
Remote or Hybrid
3 Locations
210 Employees

People.ai Logo People.ai

Account Executive

Artificial Intelligence • Machine Learning • Sales • Software
Remote
USA
117 Employees
350K-400K Annually

Similar Companies Hiring

Golden Pet Brands Thumbnail
Digital Media • eCommerce • Information Technology • Marketing Tech • Pet • Retail • Social Media
El Segundo, California
178 Employees
LTX Thumbnail
Robotics • Conversational AI • Generative AI
Jerusalem, Israel
200 Employees
Revel.io Thumbnail
Aerospace • Hardware • Robotics • Software
US
50 Employees

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account