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Full-Time

Senior Account Executive

Confirmed live in the last 24 hours

Coast

Coast

11-50 employees

Provides smart fleet cards for fuel management

Fintech
Financial Services

Compensation Overview

$100k - $105kAnnually

+ Uncapped Performance Bonus + Signing Bonus + Equity Grant

Senior

New York, NY, USA

Category
Inside Sales
Sales & Account Management
Required Skills
Sales
Communications
Marketing
Requirements
  • Bachelor’s degree from a four year university
  • Minimum of 8+ years experience in B2B sales with 5+ years of full sales cycle experience as an Mid-Market AE
  • Familiarity with Fleet and Trade organizations is a bonus
  • Background in B2B sales operations strongly preferred (e.g. territory development, incentive plan structure, sales enablement, etc.)
  • Outstanding communication skills
  • Demonstrated ability to leverage sales tools to maintain organized pipeline and generate significant insights on sales and go-to-market approaches
  • Ability to identify and engage decision makers within a prospective client organization
  • Capable of demonstrating value and handling objections for a financial technology product
  • Comfort performing fast-paced, transactional, outbound and inbound sales
  • Proven track record at meeting and exceeding sales quotas
  • Strong sales toolkit: you can prospect, qualify, demonstrate, negotiate, and close deals
  • Positive attitude with a focus on having a growth mindset
Responsibilities
  • Own the entire customer sales cycle from prospect to close for Mid-Market businesses that operate fleets of 100+ vehicles
  • Drive revenue for Coast through consultative, customer-first, selling
  • Work to define structure, culture and playbook of the sales organization
  • Provide significant mentorship to sales colleagues as a peer leader
  • Develop a sales pipeline through strategic outbound prospecting and inbound leads
  • Articulate the Coast value proposition to qualified decision makers, finance teams, and C-level executives
  • Collaborate with marketing to create a holistic customer engagement strategy
  • Share customer feedback with Coast colleagues in product, finance, and risk to improve the user experience
  • Achieve and exceed sales targets and projected revenue goals
  • Provide input into the sales organization strategy to help us scale exponentially
  • Proactively develop recommendations to improve and optimize our sales engine

CoastPay provides smart fleet cards designed for businesses with fleet operations, such as delivery and transportation companies. These cards help businesses manage and monitor their fuel spending by allowing them to set spending limits and restrict expenses to fuel only. This control reduces overspending and prevents fuel theft. CoastPay's cards are interchangeable and can be quickly activated or deactivated, enhancing security and convenience for businesses. The company generates revenue through service fees but also offers rebates and cashback, which can lead to significant savings for its clients. CoastPay differentiates itself by providing personalized, US-based support, making it easier for businesses to implement and manage their fleet card systems. The goal of CoastPay is to improve business efficiency and reduce costs associated with fuel spending.

Company Stage

Series A

Total Funding

$192.5M

Headquarters

New York City, New York

Founded

2020

Growth & Insights
Headcount

6 month growth

17%

1 year growth

47%

2 year growth

140%
Simplify Jobs

Simplify's Take

What believers are saying

  • CoastPay's rapid growth, evidenced by a 10x increase in annualized revenue and payment volume, indicates strong market demand and successful product adoption.
  • The recent $40 million Series B funding round, led by ICONIQ Growth, provides significant capital for further innovation and market expansion.
  • Partnerships with industry leaders like Visa highlight CoastPay's credibility and potential for continued growth in the fleet management sector.

What critics are saying

  • The competitive landscape in fleet management and financial technology is intense, with established players potentially challenging CoastPay's market share.
  • Rapid scaling and integration of new features may lead to operational challenges and potential service disruptions.

What makes Coast unique

  • CoastPay's smart fleet cards offer customizable spending limits and fuel-only restrictions, providing a level of control and security that traditional fleet cards lack.
  • The company's focus on real-time transaction data and reporting, coupled with integrations with fleet management and telematics software, sets it apart from competitors.
  • Personalized, US-based support ensures that clients receive tailored assistance, enhancing customer satisfaction and loyalty.

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Benefits

Medical, dental, & vision coverage

Meaningful stock options

Flexible vacation policy

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