Full-Time

Territory Account Executive

Posted on 12/20/2024

Toast

Toast

5,001-10,000 employees

Technology platform for restaurant operations

Consumer Software
Fintech

Compensation Overview

$129k - $206kAnnually

+ Commission + Equity

Junior

Reston, VA, USA

Candidates must live local to or be willing to relocate to Reston, VA.

Category
Field Sales
Sales & Account Management
Required Skills
Sales
Salesforce
Requirements
  • 1+ years of experience in a sourcing or closing sales role, restaurant operations, or a relatable field and industry
  • Since this is a field position, you must have reliable transportation (will reimburse for mileage)
  • Strong communication, organizational and presentation skills with the ability to sell and negotiate at all decision-making levels
  • Proven track record of success in meeting and exceeding goals
  • Ability to work in a fast-paced, entrepreneurial and team environment
  • Self-motivated, creative, and flexible
  • General technical proficiency with software
Responsibilities
  • Generate list of prospective restaurants and manage the entire sales cycle from initial call to close
  • Conduct demos and develop a solution that best meets the prospect’s needs
  • Partner with teams across the business to ensure that expectations set during the sales process are met in delivery
  • Leverage Salesforce (our CRM) to manage all sales activities
  • Understand the competitive landscape and determine how to best position Toast in the market

Toast provides a technology platform tailored for the restaurant industry, offering a range of products and services that help restaurants improve their operations and customer experiences. The main product is an all-in-one point-of-sale (POS) system that includes features like mobile and online ordering, gift card management, detailed sales reporting, employee management, and customer relationship management (CRM). This integrated approach allows restaurants to minimize their dependence on third-party services, which can lead to cost savings. Unlike many competitors, Toast operates on a subscription model, charging restaurants a recurring fee for access to the platform, while also generating revenue through transaction fees and hardware sales. The goal of Toast is to enhance the efficiency and profitability of restaurants, making it easier for them to grow and succeed in a competitive market.

Company Stage

IPO

Total Funding

$874.5M

Headquarters

Boston, Massachusetts

Founded

2011

Growth & Insights
Headcount

6 month growth

4%

1 year growth

22%

2 year growth

34%
Simplify Jobs

Simplify's Take

What believers are saying

  • Acquisition of Delphi Display Systems enhances drive-thru technology for quick-service restaurants.
  • Partnership with Google boosts online ordering visibility and potential sales for clients.
  • Advanced Restaurant Analytics provides deeper operational insights, improving decision-making.

What critics are saying

  • Increased competition from SpotOn could impact Toast's market share.
  • Integration challenges from Delphi Display Systems acquisition may affect operational efficiency.
  • Expansion into hotel technology may stretch resources, impacting core restaurant services.

What makes Toast unique

  • Toast offers an all-in-one POS system tailored for the restaurant industry.
  • The platform integrates mobile ordering, CRM, and employee management into a single solution.
  • Toast's subscription model includes transaction fees, hardware sales, and value-added services.

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Benefits

Peer Nominated Toastie Awards

Professional Development Reimbursement Program

Sabbatical

Unlimited Vacation & Flexible Work Hours

Medical, Dental, & Vision Coverage + Wellness Stipend

Commitment to Employee Wellness