Rewards Sales Manager

8 - 13 years

25 - 30 Lacs

Posted:11 hours ago| Platform: Naukri logo

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Job Type

Full Time

Job Description

  • Define, roll out and monitor business development strategy, analyze market opportunities, industry segments that fit with Edenred existing products in India
  • Identify deal requirements, revenue potential (including financial modeling) and build sales strategies accordingly
  • Ensure constant understanding of Market in terms of competition mapping, market intelligence and market share.
  • Ensure BD (Hunting) team s alignment with strategy, implement efficient reporting tools (e.g. Salesforce), assess team capabilities, development needs, roll out improvement plan
  • Lead key opportunities and ensure hands on approach on prospects opportunities
  • Constantly have the business development team build a 4X pipeline and conversion in line with market benchmarks
  • Hybrid Sales representatives (Hunting + Farming):

  • Manage the newly acquired customers and ensure revenue recognition as per the projections made during the New Business Development timeframe
  • Manage financial objectives (topline, bottom line, profitability, cash collection) of related portfolio to ensure profitable and sustainable growth of newly acquired customers
  • Continuously benchmark Edenred India services with market requirement, competition
  • Propose/ implement actions to ensure Edenred India high competitivity on the market
  • Ensure high-quality customer service and issue resolution in order to retain current clients: measure and monitor clients engagement and satisfaction (NPS)
  • Guarantee Clients SLA monitoring and alignment with clients and contracts requirements
  • Manage client engagement activities, including identifying client business requirements, opportunities and preparing proposals and quotations
  • Define, roll out and optimize the hybrid team to deliver strategic plan, including identifying key team capabilities requirement and setting up skill/capability building plan and key talents development programs
  • Interact with peer Sales managers, executive leadership, and functions / department heads concerning clients, product, operations legal and technology related key topics
  • Ensure end to end smooth operations between Accounts, Merchants, IT and Operations team in coordination with other Department Heads
  • Overall, as a Sales leader in the Edenred India organization, Sales Manager is expected to be a role model for compliance, security and transparency
  • ROLE EXPECTATIONS
  • Strategic Thinking

  • Align sales efforts with the company s broader vision and goals
  • Ability to have strategic business discussions with CXOs across customers and prospects
  • Experience in conceptualizing and executing initiatives leading to increased sales productivity and desired business outcomes
  • Ensure that the sales function not only meets revenue targets but also drives sustainable growth and market leadership.
  • Demonstrate both long-term planning and the agility to adapt to changing market circumstances.
  • Make decisions based on data and customer centricity such that Edenred gains unfair attention of the customer segment
  • Partner with marketing, product, finance, and other departments to create an integrated go-to-market strategy.
  • Advise on omnichannel strategies, partnerships, digital sales transformation ideologies to stay ahead of the market.
  • Set up and implement strategic plan to retain and expand current customer relationships across business verticals: define mid and long term vision to grow the business.
  • Ensure all engagements are properly contracted and both internal and external SLA (clients, suppliers) are properly formalized
  • Revenue and OperationalExcellence

  • Demonstrate Revenue attainment month on month while focusing on profitability
  • Optimise every aspect of the sales function to achieve peak efficiency, consistency, and performance while aligning with the company s strategic objectives.
  • Focus on adopting/creating systems, processes, a culture that ensures sustainable, predictable, and scalable sales success.
  • Regularly review processes, tools, team performance to identify improvement areas.
  • Ensure accurate sales forecasting to align sales activities with broader business goals.
  • Anticipate risks ( economic downturns, market saturation etc.) and adjust plans without compromising on revenue forecasts.
  • Ensure operational monitoring of Sales performances, from pipeline building to deal closing in coordination with relevant BU department (Marketing, IT, Finance) and APAC / eQ support teams (Strategy, Product), leverage Group s Sales Excellence tools and best practice to build a Sales Dream team in India
  • Ensure contracting practices are aligned with local and group requirements in terms of financials, profitability, compliance and security
  • Ensure smooth transition of clients upon contract signature and roll out to Account Management team
  • Manage financial objectives (topline, bottom line, profitability, cash collection) of related portfolio to ensure profitable and sustainable growth of accounts
  • Ensure operational monitoring of Sales performances, from pipeline building to deal closing in coordination with relevant BU department (Marketing, IT, Finance) and APAC / eQ support teams (Strategy, Product), leverage Group s Sales Excellence tools and best practice to build a Sales Dream team in India
  • Ensure all engagements are properly contracted and both internal and external SLA (clients, suppliers) are properly formalized
  • Create and deploy business review formats/checks/processes both internally/externally, ensuring health of the portfolio under supervision
  • Ensure Sales discipline in terms of pipeline creation, calls made, proposals sent, pipeline accuracy and attention to forecast.
  • First 12 months: Impact Objectives

  • Demonstrate deep understanding of the business trends, competition, market potential in the Rewards and Loyalty space in India
  • Build an profitability driven annual plan to leverage market potential for business scale
  • Execute on the annual plan with attention to risk mitigation and unlocking opportunities
  • Evaluate the sales team and process readiness for the growth charter
  • Drive revenue growth by thinking innovatively and with a focus on forecast accuracy
  • Strengthen sales team competencies by coaching/retaining the right talent and hiring from own professional network
  • Collaborate within the Rewards business, become the voice of the customer, influence stakeholders to deliver results for the team and business
  • Build relationships and establish credibility internally, with partners and customers
  • Role model the Edenred values of Passion for Customers, Entrepreneurial spirit, Respect, Imagination and Simplicity
  • YOUR PROFILE
  • You have 8 years experience in a similar function within B2B Rewards,Digital Vouchers, Benefits & Loyalty with at least 2 year s in a peoplemanagement role.
  • Experience in B2B rewards, having managed Business Development and Account Management teams successfully
  • Strong understanding of rewards, channel rewards or customer rewards mandatory
  • Outstanding marketing acumen and sales acquisition mindset
  • Capacity to sustainably develop a client portfolio in gifting, B2B sales or fintech industry
  • Enthusiasm and drive to manage large multi location teams
  • Ability to coach, grow and inspire junior Managers by developing your team s skills in line with Edenred Dream Team values
  • Integrate multi/cross functions teams and interact with Senior Executive Management
  • Prior experience managing Sales Development or Hunting portfolios, with demonstration of revenue attainment with profitability with the span of influence
  • Experience in handling compliance topics for operations and clients programs
  • Understanding of revenue modelling and cash collection principles
  • Ability to think strategically and execute thoroughly, various sales play keeping in mind business scalability and profitability
  • Ambitious, sales and people oriented leader with an entrepreneurial spirit

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