JobsAccount ExecutiveUnited StatesKey Account Executive
Arrow Electronics
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Key Account Executive
Arrow Electronics · Peabody, Massachusetts, United States
In short
The Key Account Executive serves as the primary point of contact for complex, multi-location customers, driving strategic sales plans to achieve quotas and maximize profit. They are responsible for managing RFQs, negotiating significant contracts, and building influential relationships at the senior and executive management levels.
What they're looking for
MUST-HAVE SKILLS
ALSO MENTIONED
Candidates must have 3-5 years of related experience, including a background in distribution and complex major accounts. Proficiency in SFDC, Excel, and PowerPoint is required, with a strong preference for experience in the Aerospace and Defense sectors.
About Arrow Electronics
WEBSITE
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Questions about this role
- Is this Arrow Electronics role remote?
- Tagged hybrid · 1 days in office.
- What does it pay?
- The posting lists $138,900–$200,204 a year.
- Does it sponsor visas?
- Listed as no visa sponsorship.
- What experience does it ask for?
- Listed as 2-5 years.
The posting, in full
Key Account Executive Arrow’s Global Account Manager is the single point of contact (SPOC) for large, multi-location, complex Arrow customers. Serving as a Global or National Accounts Manager, this position creates selling opportunities within specified strategic customer accounts by creating strategic relationships with top management. Responsible for achieving sales quota and assigned strategic account objectives.
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Position
Key Account Executive
Job Description
Arrow’s Global Account Manager is the single point of contact (SPOC) for large, multi-location, complex Arrow customers. Serving as a Global or National Accounts Manager, this position creates selling opportunities within specified strategic customer accounts by creating strategic relationships with top management. Responsible for achieving sales quota and assigned strategic account objectives.
What You'll Be Doing
Account Management: Creates selling opportunities within assigned critical, large, multi-location, complex, and high visibility Arrow customers through a very strategic sales plan and process. Has a thorough understanding of the customer’s needs and the customer’s decision-making hierarchy in order to proactively assess, clarify, and validate customer needs on an ongoing basis. Leads a strategic account planning process that develops mutual performance objectives, financial targets, and critical milestones. Executes on solutions selling through an advanced knowledge of Arrow’s supply chain solutions and design processes. Grows profit and maximizes margins by selling value-added, long-term solutions. Coordinates the involvement of Arrow personnel; including sales support, service, and management resources, in order to meet account objectives and customers’ expectations. Typically manages a territory of accounts up to $125 million.
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. Has an in-depth, comprehensive understanding of Arrow’s market share in each assigned account, the top competitor’s market share in those accounts and can identify the type of business each competitor is supporting and why. Consistently maintains a dominant market share position at each assigned account. Takes an innovative and creative approach to supplier and customer action plans and has expert understanding of the customer’s business at all levels and disciplines of the organization.
Relationships: Develop and build influential and strategic relationships at the manager decision making level, with goal of building relationships at the senior management and C-level/executive level. Utilize distribution/rep/supplier knowledge to grow sales and profits within assigned customers. Interface with suppliers to update them on demand creation progress through meetings or 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 at accounts. Utilize Arrow’s key management with key customers and suppliers. Leads functional teams or projects and serves as a best practice/quality resource
What We’re Looking For
3-5 years of related experience including, but not limited to:
Building influential customer relationships
- Creating selling opportunities within specified strategic customer accounts
- Experience with Aerospace and Defense customers strongly preferred
- Experience working with distribution in complex major accounts
- Hunter mentality
- Proficiency with data, SFDC, Excel, and PowerPoint required
- Excellent presentation skills are a must
P&L experience preferred
This position is a 70/30 split-the number posted includes the commission.
Must be able to travel up to 30%
Work Arrangement: This position will follow a hybrid schedule of 1 day per week in the office and the rest of the week visiting customers and suppliers
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!
#LI-KO1
Annual Hiring Range/Hourly Rate
$138,900.00 - $200,204.00
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-MA-Peabody, Massachusetts (Technology Dr)
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.
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