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Key Account Executive

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PhonePe

Sep 18, 2024

Applications are closed

  • Job
    Full-time
    Junior & Mid Level
  • Sales & Business Development
    Business, Operations & Strategy
  • Mumbai

Requirements

  • Proven working experience of 1-4 years in Field sales/business development
  • Excellence communication and influencing skills
  • Strong ethics and discretion while dealing with customers
  • Drive for result, able to demonstrate/quantify success relative to established targets and metrics
  • Strong bias for action, problem solving and ownership
  • Ability to develop strong relationships with stakeholders and be a team player
  • Exposure to the start up environment is an added advantage

Responsibilities

  • Merchant Acquisition: Growth Executive (GE) is expected to onboard new merchants in the geography allocated to the incumbent. Since payments are agnostic to the category of business, the spectrum of merchants that can be onboarded is vast. The GE must use her/his acumen and understanding of the Indian retail ecosystem to come up with holistic solutions for the key accounts.
  • Account Management: Onboarding merchants on the platform is the first stage of a long-term relationship between PhonePe and the account. The strength of these relationships, combined with our technology based solutions, will eventually determine the success in each market when the revenue numbers will be evaluated. GE's task is to develop such a deep understanding and hold over each account that any competitor finds it an uphill task to even enter the account.
  • Map Competition: To be able to take timely action, it is imperative that we monitor the market and be informed of competitions activity in key accounts. This will ensure that appropriate response strategies are being formulated and implemented. The GE must keep a close watch on competition, share best practices internally and ensure that PhonePe always stays one step ahead in the market.
  • Revenue Generation: GE is responsible for generating revenue from existing/new accounts through Phonepe ad sales proposition (Current products Scratch card /Banners/smart speakers). Prior revenue experience will be preferred.

FAQs

What is the primary role of a Key Account Executive at PhonePe?

The primary role of a Key Account Executive is to develop an in-depth understanding of various industry verticals, onboard new merchants, and manage accounts to ensure long-term relationships and revenue generation.

What qualifications are required for this position?

Candidates should have proven working experience of 1-4 years in field sales or business development, excellent communication and influencing skills, and a strong drive for results.

Is this role an on-field position?

Yes, this is an on-field role, requiring the executive to engage directly with merchants in the allocated geography.

What are the key responsibilities of a Growth Executive?

Key responsibilities include merchant acquisition, account management, monitoring competition, and revenue generation through PhonePe's advertising products.

Is prior revenue experience necessary for this role?

Yes, prior revenue experience is preferred, especially in generating revenue from existing and new accounts.

What skills are important for success in this position?

Important skills include strong ethics, problem-solving abilities, a bias for action, the ability to develop relationships with stakeholders, and being a team player.

Is exposure to a startup environment an advantage?

Yes, exposure to a startup environment is considered an added advantage for candidates applying for this position.

How does PhonePe define success for this position?

Success is defined by the ability to develop deep relationships with accounts, onboard new merchants, and achieve established targets and revenue metrics.

What industries should the Key Account Executive be familiar with?

The Key Account Executive should have an understanding of various industry verticals, including E-Commerce, Telecom, Banking, FMCG, and FMCD.

What is the customer base of PhonePe?

PhonePe has a customer base of over 150 million users and supports around 6 million merchants on its platform.

Technology
Industry
5001-10,000
Employees

Mission & Purpose

PhonePe is a digital payments platform based in India that enables users to perform a variety of financial transactions through their mobile devices. The company offers services such as money transfers, bill payments, recharges, and online shopping, leveraging the Unified Payments Interface (UPI) for seamless and secure transactions. PhonePe's ultimate mission is to drive financial inclusion by providing a user-friendly, accessible, and secure digital payment solution that caters to a diverse range of users. Their purpose is to simplify financial transactions and promote digital financial services, thus contributing to the broader goal of a cashless economy and enhancing the financial well-being of their user