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Full-Time

Enterprise Account Executive

PA

Posted on 6/27/2024

Okta

Okta

5,001-10,000 employees

Identity and access management solutions provider

Enterprise Software
Cybersecurity
AI & Machine Learning

Compensation Overview

$229k - $343kAnnually

+ Equity + Bonus + Benefits

Senior, Expert

Philadelphia, PA, USA

Category
Field Sales
Sales & Account Management
Required Skills
Sales
Management
Data Analysis
Requirements
  • 7+ years of a consistent track record of employment with direct field sales experience developing net new logos selling enterprise cloud software to enterprise companies.
  • Previous experience utilizing partners, channels, and alliances to sell more successfully and overachieve your quota.
  • Sold a similar complex solution software and have experience in any of the following: enterprise cloud software or infrastructure management, application development and management, security, business applications, and/or analytics.
  • A measurable track record in new business development and over achieving sales targets.
  • Experience in selling complex enterprise software solutions and ability to adapt in high growth, fast-growing, and changing environments and can adapt quickly.
  • Experience in successfully selling during market creation phase.
  • Proven track record of successfully closing six figure software cloud deals with prospects and customers in the defined territory.
  • Experience in the “C” suite, strong executive presence and polish, and excellent listening skills.
  • Experience with target account selling, solution selling, and/or consultative sales techniques; knowledge of MEDDIC and Challenger methodologies is a plus.
  • Bachelor's degree; MBA a plus or equivalent experience.
Responsibilities
  • Establish a vision and plan to guide your long-term approach to net new logo pipeline generation.
  • Consistently deliver ARR revenue targets to support 40% YOY growth – dedication to the number and to deadlines.
  • Develop and execute sales strategies and tactics to generate pipeline, drive sales opportunities and deliver repeatable and predictable bookings.
  • Land, adopt, expand, and deepen sales opportunities with Enterprise accounts in your Region.
  • Explore the full spectrum of relationships and business possibilities across the client’s entire org chart.
  • Become known as a thought-leader in Okta’s platform.
  • Expand relationships and orchestrate complex deals across more diverse business stake-holders.
  • Embrace to Okta’s #1 core value to always love our customers.
  • Holistically embrace, access, and utilize the channel/alliances to identify and open new, uncharted opportunities.
  • Work as a team for the most efficient use and deployment of resources. Provide timely and insightful input back to other corporate functions.
  • Position Okta at both the functional and 'business value' level with target stakeholders.
  • Champion Okta to prospective clients at sales presentations, site visits and product demonstrations.
  • Build effective working partnerships with your Okta colleagues (channel partners, sales engineering, business value management, customer first and many more globally) with humility and enthusiasm.

Okta provides identity and access management solutions that help businesses and organizations securely manage user access to resources. Their cloud-based platform includes tools for single sign-on (SSO), multi-factor authentication (MFA), lifecycle management, and API access management. These products work by ensuring that only authorized individuals can access specific resources, enhancing security and streamlining IT operations. What sets Okta apart from competitors is its focus on a subscription-based model, which offers predictable revenue and allows clients to access a comprehensive suite of services. The goal of Okta is to provide secure and seamless access for users, particularly in a landscape where remote work and digital transformation are increasingly important.

Company Stage

IPO

Total Funding

$1.2B

Headquarters

San Francisco, California

Founded

2009

Growth & Insights
Headcount

6 month growth

5%

1 year growth

11%

2 year growth

19%
Simplify Jobs

Simplify's Take

What believers are saying

  • Okta's subscription-based model ensures a steady and predictable revenue stream, providing financial stability and enabling continuous investment in R&D.
  • Strategic partnerships, such as with Worldcoin, and high-profile board appointments like Anthony Bates, enhance Okta's market influence and leadership.
  • The growing demand for robust security measures in the era of remote work and digital transformation positions Okta for sustained growth in the cybersecurity market.

What critics are saying

  • The highly competitive IAM market requires Okta to continuously innovate to maintain its leadership position and avoid losing market share to rivals.
  • Integration challenges with acquired companies like Arengu could pose risks to seamless product development and operational efficiency.

What makes Okta unique

  • Okta's comprehensive suite of IAM solutions, including SSO, MFA, and lifecycle management, sets it apart from competitors who may offer only fragmented services.
  • Recognition as a Leader in Gartner's Magic Quadrant for Access Management underscores Okta's superior market position over rivals like Microsoft and IBM.
  • The acquisition of Arengu and the launch of Forms for Actions highlight Okta's commitment to innovation and enhancing customer experiences through tailored identity flows.
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