Description

Senior account executives are typically responsible for sales and marketing projects. They are expected to achieve sales targets by acquiring new clients or accounts, as well as identify opportunities for marketing to prospective clients. Senior account executives also develop proposals for new clients and oversee the process of establishing new contracts.

Senior account executives typically are expected to have at least five years of prior experience in their field. Many hold bachelor’s degrees in communications, marketing, or a related field; master’s degrees are often preferred by companies looking to hire. When a senior account executive’s main target is marketing, they are required to have experience with qualitative and quantitative research methods. Since sales and new client relations are often the goal of a senior account executive, many corporations look to candidates with extensive industry contacts. They typically also need advanced skills in the areas of marketing, sales, and business.

Another typical expectation in this role is travel. Senior account executives often travel to meet with prospective clients or catch up with old clients. Senior account executives must maintain superior communication and relations with a company’s clients. They are responsible for constantly being on the lookout for new clients, but they must also stay focused on building and maintaining the professional relationships with clients they have already landed. Since senior account executives are often experienced and knowledgeable in their industry, they may occasionally take on the role of a mentor to an account executive.

Roles & Responsibilities

As a Senior Account Executive with 3-6 years of experience in Singapore, your main responsibilities include:

  • Cultivating and maintaining relationships with key clients, ensuring their satisfaction and loyalty. Conduct regular check-ins to understand client needs and address any concerns or issues promptly.
  • Leading strategic planning and execution of account management initiatives, aiming to achieve revenue targets. Develop comprehensive account plans, identify upselling opportunities, and negotiate contract renewal terms.
  • Collaborating with cross-functional teams to deliver exceptional client service and meet project deadlines. Coordinate with sales, marketing, and operations teams to ensure seamless implementation of client projects.
  • Analyzing market trends, competitors, and industry developments to recommend innovative solutions and seize new business opportunities.

Qualifications & Work Experience

For a Senior Account Executive job role, the following qualifications are required:

  • Extensive experience in account management and business development, with a successful track record of meeting and exceeding sales targets.
  • Strong knowledge of the industry and market trends, enabling the identification of new business opportunities and the development of effective sales strategies.
  • Excellent communication and interpersonal skills to build and maintain strong relationships with clients, understanding their needs, and providing customized solutions.
  • Exceptional negotiation and presentation skills to close deals and secure long-term partnerships, while effectively managing contracts and agreements.

Essential Skills For Senior Account Executive

1

Managing Accounts

2

Microsoft Excel

Skills That Affect Senior Account Executive Salaries

Different skills can affect your salary. Below are the most popular skills and their effect on salary.

Managing Accounts

2%

Microsoft Excel

4%

Career Prospects

The role of a Senior Account Executive is critical to ensuring efficient operations and revenue generation. For professionals with 3-6 years of experience in Singapore, several alternative roles are available to explore. Here are following options to consider:

  • Sales Manager: A role that involves leading a sales team, developing and executing sales strategies, and ensuring revenue targets are met.
  • Marketing Manager: A position focused on developing and executing marketing campaigns and initiatives, conducting market research, and building brand awareness.
  • Business Development Manager: A role that involves identifying and developing partnerships, negotiating deals, and expanding market share.
  • Operations Manager: A position focused on overseeing day-to-day operations, managing staff, and improving processes and procedures to enhance overall efficiency.

How to Learn

The job role of a Senior Account Executive in Singapore is projected to experience significant growth in the market. Over the past 10 years, the demand for Senior Account Executives in the region has increased consistently, with a positive outlook for the future. According to Google, the number of employment opportunities for this role is expected to continue to rise in the coming years. This indicates a thriving and promising career path for Senior Account Executives in Singapore, with ample opportunities to advance and succeed in the field.