Full-Time

Junior Key Account Manager

Retail, UK&I

Posted on 6/14/2024

SumUp

SumUp

1,001-5,000 employees

Provides card payment solutions for SMBs

Fintech
Financial Services

Junior, Mid

London, UK

Category
Strategic Account Management
Sales & Account Management
Required Skills
Sales
Communications
Requirements
  • 1-3 years of experience and a proven track record in business development, key account management, or retail sales, particularly within FMCG, Consumer Electronics, Cash & Carry, Office Supplies, or Trade Retail in the UK&I market
  • Exceptional negotiation skills and a strong sales acumen, with a reputation for trustworthiness and a successful history of negotiating with buyers and retailers
  • Strong negotiation skills, sales acumen and are trustworthy. Solid experience negotiating with buyers/retailer and sales agency coordination is essential for this role
  • Ability to plan and execute complete and successful Joint Business Plans with retailers, both on-line and off-line to secure maximum visibility and product rotation
  • Highly disciplined professional who drives operational excellence
  • Strong written and spoken communication skills and full English professional proficiency. Additional languages are a plus
Responsibilities
  • Drive the Brick & Mortar business by expanding our distribution network, ensuring SumUp products are prominently featured in key retail and e-tail locations
  • Manage and engage top retail partners for UK&I within Consumer Electronics, Cash & Carry, Office Supply and other verticals
  • Responsible for the sales cycle from first contact to the signing of the partnership agreement steering strong Commercial Plans across the year
  • Coordinate the UK&I sales agents
  • Build long-term, strategic relationships with high-revenue retail customers, ensuring our brand's relevance and growth
  • Identify and execute opportunities to drive brand awareness, performance and market share within the area in retails
  • Co-lead expansion of our retail partnerships, leveraging your expertise to identify and engage with potential partners that align with our brand values and growth objectives

SumUp provides card payment solutions specifically designed for small to medium-sized businesses (SMBs). Their main product is a range of portable card readers that enable businesses to accept credit and debit card payments easily, whether they are at a fixed location or on the go. These card readers are user-friendly and cater to various types of businesses, from local shops to freelancers. SumUp differentiates itself from competitors by offering transparent pricing with no monthly fees or contracts, charging a flat rate of 2.75% per in-person transaction. This straightforward approach helps small businesses manage their expenses without the worry of hidden costs. The goal of SumUp is to empower SMBs by providing them with affordable and secure payment processing solutions, allowing them to grow their businesses by accepting card payments seamlessly.

Company Stage

Debt Financing

Total Funding

$643.9M

Headquarters

London, United Kingdom

Founded

2012

Growth & Insights
Headcount

6 month growth

-1%

1 year growth

0%

2 year growth

-1%
Simplify Jobs

Simplify's Take

What believers are saying

  • SumUp surpassed 1 billion transactions annually, indicating strong market presence.
  • The partnership with Xero enhances SumUp's value proposition for existing merchants.
  • SumUp's expansion into licensed banking services in Brazil diversifies revenue streams.

What critics are saying

  • Increased competition from Revolut's new payment terminal targeting larger businesses.
  • Offering 0% transaction fees may strain revenue if not offset by subscriptions.
  • Expansion into Brazil introduces regulatory challenges that could affect performance.

What makes SumUp unique

  • SumUp offers a comprehensive multi-product ecosystem for small businesses.
  • The company provides 0% transaction fees for payments under £10 for SumUp One subscribers.
  • SumUp's portable card readers cater to businesses operating in diverse environments.

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Benefits

Health Insurance

Life Insurance

401(k) Retirement Plan

Gym Membership

Conference Attendance Budget

Professional Development Budget

INACTIVE