Full-Time

Account Executive

Enterprise

Posted on 11/20/2024

Modern Treasury

Modern Treasury

51-200 employees

Payment operations software for enterprises

Fintech
AI & Machine Learning

Senior, Expert

San Francisco, CA, USA

Position can also be based out of New York or remote, but San Francisco is prioritized.

Category
Strategic Account Management
Sales & Account Management
Required Skills
Sales
Requirements
  • 10+ years of Sales experience in closing deals; at least 5 years selling into Enterprise.
  • Ability to understand Modern Treasury’s solutions and clearly communicate to both a Technical audience and Finance teams.
  • A track record of success in driving consistent activity, pipeline development and quota achievement.
  • Superior verbal and written communication, presentation and relationship management skills.
  • Ability to thrive in a fast paced, dynamic environment. We are a startup and need people who are ok doing things outside their traditional job description.
  • BA/BS required.
Responsibilities
  • Build pipeline through prospecting and closing outbound-generated opportunities.
  • Drive opportunities through the full sales cycle from pipeline generation to close.
  • Implement a value-selling methodology for use-cases in your territory, selling to Product, Engineering, Finance, etc.
  • Create a pipeline generation cadence to develop expansion opportunities within any existing customers.
  • Forecast accurately, with clear visibility into expected sales performance.
  • Work with cross-functional teams from Pre-Sales to Customer Success, drive commercial discussions, and coordinate the sales cycle across internal teams (Legal, Technical, Product, etc.)
  • Have comfort in multi-party consultative sales processes, engaging with business and technical stakeholders across varying levels of Enterprise businesses from C-level to developers.
  • Cover a regulated (Finserv, Insurance, etc.) or agile (tech forward/disruptors) territory.

Modern Treasury specializes in payment operations software designed to improve the way large enterprises manage their financial transactions. Their software enables faster payments, automatic reconciliation of transactions, and provides real-time financial data, all supported by artificial intelligence. This allows businesses in various sectors, such as real estate, healthcare, and financial services, to handle significant transaction volumes efficiently and securely. Unlike many competitors, Modern Treasury focuses on serving large enterprises with a subscription-based software as a service (SaaS) model, ensuring clients have continuous access to the latest features. The company's goal is to modernize outdated payment technologies and enhance the efficiency and security of money movement across industries.

Company Stage

Series C

Total Funding

$178.1M

Headquarters

San Francisco, California

Founded

2018

Growth & Insights
Headcount

6 month growth

2%

1 year growth

10%

2 year growth

-6%
Simplify Jobs

Simplify's Take

What believers are saying

  • Modern Treasury's inclusion in the 2024 Fintech Innovation 50 list highlights its strong market position and potential for growth.
  • The launch of professional services to support enterprise clients in scaling payment infrastructure demonstrates a commitment to customer success and long-term partnerships.
  • Continuous innovation, such as the enhanced AI-powered reconciliation product, positions Modern Treasury as a leader in transforming financial workflows.

What critics are saying

  • The fintech market is highly competitive, with numerous players offering similar payment solutions, which could impact Modern Treasury's market share.
  • Reliance on AI and automation introduces risks related to technology failures or inaccuracies, which could affect client trust and satisfaction.

What makes Modern Treasury unique

  • Modern Treasury's AI-driven reconciliation and payment operations software offers a level of automation and precision that is unmatched in the fintech space.
  • Their focus on large enterprises across diverse industries like real estate, healthcare, and education sets them apart from competitors who may target smaller or more niche markets.
  • The company's proprietary RISE engine enhances financial workflows, providing a unique technological edge in automating complex reconciliation challenges.

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Benefits

Inclusive healthcare package

Unlimited PTO

Paid parental leave

$1k stipend to setup a home office

$500 yearly book stipend

Charitable donation matching

401k