Full-Time

Key Account Manager

Retail, UK&IE

Confirmed live in the last 24 hours

SumUp

SumUp

1,001-5,000 employees

Provides card payment solutions for SMBs

Fintech
Financial Services

Mid

London, UK

Category
Strategic Account Management
Sales & Account Management
Requirements
  • 3-6 years of experience and a proven track record in business development, key account management, or retail sales, particularly within FMCG, Consumer Electronics, Cash & Carry, Office Supplies, or Trade Retail in the UK&I market
  • Exceptional negotiation skills and a strong sales acumen, with a reputation for trustworthiness and a successful history of negotiating with buyers and retailers
  • Strong negotiation skills and sales acumen. Solid experience negotiating with buyers/retailer and sales agency coordination is essential for this role
  • Ability to plan and execute complete and successful Joint Business Plans with retailers, both on-line and off-line to secure maximum visibility and product rotation
  • Highly disciplined professional who drives operational excellence
  • Strong written and spoken communication skills and full English professional proficiency. Additional languages are a plus
Responsibilities
  • Drive the Brick & Mortar business by expanding our distribution network, ensuring SumUp products are prominently featured in key retail and e-tail locations
  • Manage and engage top retail partners for UK&I within Consumer Electronics, Cash & Carry, Office Supply and other verticals. You will be responsible for the sales cycle from first contact to the signing of the partnership agreement steering strong Commercial Plans across the year
  • Be empowered to do your job and have strong ownership over the strategy to grow the retail forecasts and performance for the given area/retailers/vertical
  • Build long-term, strategic relationships with high-revenue retail customers, ensuring our brand's relevance and growth
  • Identify and execute opportunities to drive brand awareness, performance and market share within the area in retails
  • Co-lead expansion of our retail partnerships, leveraging your expertise to identify and engage with potential partners that align with our brand values and growth objectives

SumUp provides card payment solutions specifically designed for small to medium-sized businesses (SMBs). Their main product is a range of portable card readers that enable businesses to accept credit and debit card payments easily, whether they are at a fixed location or on the go. These card readers are user-friendly and cater to various types of businesses, from local shops to freelancers. SumUp differentiates itself from competitors by offering transparent pricing with no monthly fees or contracts, charging a flat rate of 2.75% per in-person transaction. This straightforward approach helps small businesses manage their expenses without the worry of hidden costs. The goal of SumUp is to empower SMBs by providing them with secure and affordable payment solutions that facilitate their growth and allow them to accept card payments seamlessly.

Company Stage

N/A

Total Funding

$643.9M

Headquarters

London, United Kingdom

Founded

2012

Growth & Insights
Headcount

6 month growth

2%

1 year growth

8%

2 year growth

3%
Simplify Jobs

Simplify's Take

What believers are saying

  • The recent €1.5 billion funding round led by Goldman Sachs indicates strong investor confidence and provides substantial capital for growth and innovation.
  • The introduction of new features like Direct Debits and the Loyalty and Rewards program demonstrates SumUp's commitment to continuously enhancing its product suite to meet merchant needs.
  • Partnerships with industry leaders like Adyen enhance SumUp's service offerings, making it a more attractive option for small businesses globally.

What critics are saying

  • The competitive fintech landscape requires SumUp to continuously innovate to maintain its market position.
  • Economic challenges faced by small businesses, such as inflation and rising costs, could impact SumUp's transaction volumes and revenue.

What makes SumUp unique

  • SumUp's transparent pricing model with no monthly fees or contracts sets it apart from competitors who often have hidden costs and long-term commitments.
  • The partnership with Adyen to offer same-day settlements provides a significant advantage in cash flow management for small businesses.
  • SumUp's focus on portable and user-friendly card readers makes it ideal for businesses operating in various environments, unlike traditional fixed-location payment solutions.

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