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Full-Time

Account Executive

Smb, Expansion

Posted on 10/23/2024

Deel

Deel

1,001-5,000 employees

HR platform for managing global workforces

Data & Analytics
Enterprise Software

Junior, Mid

Remote in USA

Category
Strategic Account Management
Sales & Account Management
Required Skills
Sales
Requirements
  • 2+ years experience in a sales closing role
  • Background in Tech or SaaS industry
  • Own a full sales cycle from identifying expansion opportunities, building relationships with decision-makers, negotiating, and closing contracts
  • Strong customer-facing and presentations skills to establish credibility with executives
  • Can breakdown complicated matters and explain them in simpler terms
  • Quick with numbers and obsess over delivering a world class service
  • Adaptable and comfortable with a fast-paced environment
Responsibilities
  • Identify and generate revenue through upselling and cross-sell to existing customers
  • Proactively own and manage a book of accounts, including decision-maker relationships
  • Consult existing clients on their internal process to drive change and expand the use of Deel's product offerings
  • Lead business reviews, execute on plans to deliver maximum revenue potential, increase renewal rates.
  • Develop, manage, and forecast a sales pipeline through regular engagement, outreach, and partnership with customer success.
  • Meet or exceed monthly and yearly revenue quota

Deel provides a platform that helps businesses manage their international workforces more easily. The platform includes tools for payroll processing, compliance monitoring, and immigration support, allowing companies to handle all HR functions from one place. This is especially useful for businesses with employees in different countries, as Deel ensures that they can pay their workers correctly and follow local laws. What sets Deel apart from other HR services is its all-in-one approach, which simplifies the management of global teams. The goal of Deel is to make it easier for companies to operate internationally by providing a streamlined system that covers all necessary HR tasks.

Company Stage

Series D

Total Funding

$679.1M

Headquarters

San Francisco, California

Founded

2019

Growth & Insights
Headcount

6 month growth

-6%

1 year growth

63%

2 year growth

406%
Simplify Jobs

Simplify's Take

What believers are saying

  • The acquisition of Hofy could streamline IT management for clients, making Deel's platform more attractive to large enterprises.
  • Expansion into 15 new countries through the dLocal partnership opens up significant new revenue streams and market opportunities.
  • Achieving $400 million in annual recurring revenue indicates robust financial health and potential for continued growth.

What critics are saying

  • The competitive HR and payroll market, with players like Rippling and Workday, could pressure Deel to continuously innovate to maintain its market position.
  • Rapid expansion into new markets may strain Deel's operational capabilities and customer support.

What makes Deel unique

  • Deel's acquisition of Hofy enhances its global device and IT management capabilities, setting it apart from other HR and payroll platforms.
  • The strategic partnership with dLocal expands Deel's reach into high-growth markets, providing a competitive edge in global payroll and compliance solutions.
  • Deel's rapid growth to $400 million in annual recurring revenue demonstrates its strong market position and effective business model.

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