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Sales Lead, Enterprise Business, Payment Gateway

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PhonePe

Dec 16, 2024

Applications are closed

  • Job
    Full-time
    Senior Level
  • Sales & Business Development
    Business, Operations & Strategy

Requirements

  • Minimum 8 years of overall experience, 3-4 years of relevant payments and industry experience (PG & Cards).
  • A significant part of this experience should be across E-Commerce/ F&B/ Digital Payments/ Gaming/ Edtech/ BFSI Sectors in the Sales/Business Development Domains.
  • Prior experience in the payment & the cards/ PG space and team management experience is highly preferred.
  • Strong & affluent verbal and written communication, influencing and negotiation skills. Should have the ability to close tough enterprise negotiations.
  • Strong understanding of online merchants/ industries. The candidate must be able to translate this understanding into strategies and plans for driving merchant adoption and to drive business growth on a sustained basis.
  • Relationship management needs to be a strength area. The role would involve dealing with CXO's of strategic partners and merchants in the category.
  • Solutioning mindset. Should be able to work with Product and Engineering teams seamlessly (internal and external facing both).
  • Strong multi-tasking skills to prioritize in a fast-paced and dynamic work environment.
  • Expertise in managing all aspects of a P&L. The candidate should be comfortable with all aspects of planning, budgeting, tracking and optimization of costs.
  • Strong analytical skills and data driven decision making capabilities.
  • MBA from Tier-1 Institutes would be preferred: ISB/IIMs/XLRI/SP Jain/MDI/FMS or Equivalent.

Responsibilities

  • Identification of key stakeholders on the merchant’s side for the identified set of enterprises.
  • Develop an understanding of the prospective merchant’s business environment and prepare merchant specific contextual/ relevant pitches. This would need one to be good with data/ understanding of businesses in the Indian context and basis this one should be able to outline the value which PhonePe can add to this business.
  • Pitch PhonePe solutions along with the overall business proposition to the key stakeholders. This would need one to be comfortable with having multiple discussions with CXO’s/ Senior Management on the merchant’s side.
  • Be accountable for all business metrics of the category along with all key inputs which would drive the business.
  • Be responsible for growth and development initiatives across all merchant segments and for drawing out the consumer and merchant adoption plan and work with various stakeholders to operationalize the plans.
  • Have to understand the category's dynamics and build out a solutions roadmap for the category basis the same.
  • Have a strong product/ solutioning orientation and ability to work with internal product and engineering teams to accomplish this objective.
  • Work out the commercial terms of the partnership with the merchant. This would need one to be good with numbers and negotiating capabilities.
  • Work with the PhonePe and Merchant legal teams to finalize the partnership agreements. This would need one to understand PhonePe and the Merchant’s business end-to-end and identify all relevant elements to be covered under the partnership agreement.
  • Work with the Bizfin team and different functional teams on the merchant’s side to finalize the longer-term business plans and model of engagement between the PhonePe teams and the Merchant’s teams.
  • Develop a holistic understanding of the overall digital payments landscape in the country/developments/opportunities and help adapt PhonePe’s go-to-market plans in the enterprise business segment accordingly.
  • Lead a team to drive business goals and objectives effectively.
  • P&L Ownership:
  • Responsible for account's top-line and revenues
  • Annual & Monthly BD pipeline & go-lives planning

FAQs

What is the main responsibility of the Sales Lead, Enterprise Business, Payment Gateway role?

The main responsibility is to expand PhonePe’s payment gateway footprint in the Online Merchants ecosystem by acquiring key merchants and driving sustainable growth through end-to-end accountability for the B2B payments network.

What qualifications are required for this position?

The ideal candidate should have a minimum of 8 years of overall experience, including 3-4 years in the payments industry. Experience with e-commerce, F&B, digital payments, gaming, Edtech, or BFSI sectors in sales/business development is preferred.

Is team management experience necessary for this role?

Yes, prior team management experience is highly preferred as the role involves leading a team to drive business goals and objectives effectively.

What skills are important for succeeding in this position?

Strong verbal and written communication, influencing and negotiation skills, relationship management with CXOs, analytical skills, data-driven decision-making capabilities, and a solution-oriented mindset are essential for this role.

What type of work environment does PhonePe offer?

PhonePe provides a dynamic work environment that encourages creativity, ownership, and collaboration across teams, along with the opportunity to drive significant impacts within the organization.

Are there any educational preferences for this role?

Yes, an MBA from Tier-1 institutes such as ISB, IIMs, XLRI, SP Jain, MDI, or FMS is preferred.

What benefits do full-time employees at PhonePe receive?

Full-time employees receive multiple benefits, including medical and critical illness insurance, wellness programs, parental support, retirement benefits, and higher education assistance, among others.

What approach does the Sales Lead need to take when interacting with merchants?

The Sales Lead needs to identify key stakeholders on the merchant side, understand their business environment, and develop contextually relevant pitches to communicate how PhonePe can add value to their operations.

Will the Sales Lead have P&L ownership responsibilities?

Yes, the candidate will be responsible for the account's top-line revenues and managing all aspects related to planning, budgeting, tracking, and optimizing costs.

What kind of products will the Sales Lead work with internally?

The Sales Lead will work with internal product and engineering teams to develop solution roadmaps and accomplish business objectives related to the payments ecosystem.

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