Full-Time

Strategic Account Executive

Posted on 9/25/2024

DailyPay

DailyPay

501-1,000 employees

Provides daily access to earned wages

Fintech
Financial Services

Compensation Overview

$200kAnnually

+ Variable Incentive Compensation + Stock Options

Senior, Expert

Remote in USA

Candidates must be located in or around Seattle, WA & Minneapolis, MN.

Category
Strategic Account Management
Sales & Account Management
Required Skills
Data Analysis
Requirements
  • 10+ years of experience in B2B inside or outside sales
  • Proven success at meeting and exceeding quotas, especially with longer sales cycles
  • Industry experience in HR Product or Service sales, Strategic sales or SaaS sales
  • Demonstrated ability to develop and maintain relationships with key stakeholders including the C-suite
  • Success selling to multiple decision makers across several departments
  • Passion to enable our partners and our company to reach new levels of success
  • Highly analytical, data driven and detail oriented
Responsibilities
  • Become a DailyPay product maven and perfect your DailyPay presentation skills
  • Pitch and close qualified prospects via webinar, sales calls and in person presentations
  • Leverage relationships with product champions to expedite deals to close rate
  • Navigate corporate structures to demonstrate value to multiple team members
  • Use financial & analytical tools to communicate employee benefits to partner organizations
  • Own a pipeline of valuable relationships, consistently moving partners to a close
  • Consistently drive revenue production by meeting and exceeding a set quota

DailyPay provides a service that allows employees to access their earned wages on a daily basis instead of waiting for traditional pay periods like bi-weekly or monthly. This service works by partnering with businesses, which pay a fee to offer their employees the option of on-demand pay. By giving employees the ability to access their wages as they earn them, DailyPay helps improve financial control and flexibility for workers. This approach is particularly beneficial in industries such as healthcare, retail, and restaurants, where high turnover rates are common. DailyPay's service has been shown to increase employee retention and satisfaction, with some businesses reporting significant savings in turnover costs. The goal of DailyPay is to enhance employee benefits and promote financial wellness, ultimately leading to a more engaged and stable workforce.

Company Stage

Debt Financing

Total Funding

$272.1M

Headquarters

New York City, New York

Founded

2016

Growth & Insights
Headcount

6 month growth

5%

1 year growth

18%

2 year growth

26%
Simplify Jobs

Simplify's Take

What believers are saying

  • DailyPay's rapid growth is recognized in the Deloitte Technology Fast 500™ rankings.
  • The appointment of Ryan Mang as CCO strengthens DailyPay's go-to-market strategies.
  • Partnerships with platforms like Inn-Flow boost DailyPay's market presence and adoption.

What critics are saying

  • Increased competition from fintech companies may dilute DailyPay's market share.
  • Potential regulatory scrutiny could raise compliance costs for DailyPay.
  • Economic downturns might reduce business investment in DailyPay's services.

What makes DailyPay unique

  • DailyPay offers on-demand pay, enhancing employee financial wellness and retention.
  • The company integrates with industry-specific platforms like Inn-Flow for tailored employee benefits.
  • DailyPay's international remittances feature supports real-time cross-border payments for global workers.

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Benefits

Competitive Pay

Stock Options

401(K) with 4% match

Unlimited PTO

Medical, Dental & Vision Plans

Daily Seamless Credit

Free LinkedIn Learning

Annual Learning Stipend

DailyPay for DailyPay

INACTIVE