Description

The corporate account manager is in charge of maintaining and building customer relationships, and they usually handle either accounts on a national scale or in a specific area depending on the company's size and customer base. These professionals regularly work with customers, listening to their needs and working with them to satisfy their requests. The employee works with the sales department, as well as coordinates with other employees at meetings to improve sales numbers and meet customer demands. Corporate account managers are employed by a variety of companies, including (but not limited to) within the medical industry, retail industry, and manufacturing industry. This job is generally performed in an office setting during regular business hours; travel may be required depending on the needs of the employer.Many employers require or prefer at least a bachelor's degree for their corporate account manager positions, although a master's of business administration may be preferred. Previous experience in a similar role is generally required or preferred as well. A sales manager or individuals in other sales-related roles may be promoted into a corporate account manager position. The corporate account manager must be proficient with basic computer software such as the Microsoft Office suite, and some employers may require proficiency in industry-specific software. Excellent communication and time-management skills are needed as well.

Roles & Responsibilities

As a Corporate Account Manager with 6-9 years of experience in Australia, your main responsibilities include:

  • Manage a portfolio of corporate clients, ensuring their needs are met and building strong, long-term relationships.
  • Develop and implement strategic account plans to maximize revenue growth and identify opportunities for upselling and cross-selling.
  • Conduct regular business reviews with clients to assess performance, address concerns, and identify areas for improvement.
  • Collaborate with internal teams such as sales, marketing, and customer support to deliver exceptional service and exceed client expectations.

Qualifications & Work Experience

For a Corporate Account Manager, the following qualifications are required:

  • Demonstrated success in managing corporate accounts, achieving sales targets, and building lasting client relationships.
  • Ability to analyze market trends, identify potential business opportunities, and develop effective account management strategies.
  • Excellent written and verbal communication skills to effectively engage with clients, understand their needs, and present solutions that align with their business objectives.
  • Sound understanding of financial statements, budgeting, and forecasting, enabling the ability to provide financial insights and optimize customer profitability.

Essential Skills For Corporate Account Manager

1

Accounting Fundamentals

2

Sales

3

Account Reconciliation

Career Prospects

The role of a Corporate Account Manager is crucial in ensuring effective management of corporate accounts and fostering strong client relationships. With 6-9 years of experience in the Australian market, professionals in this field can explore various alternative roles. Here are four options to consider:

  • Senior Account Executive: A role that involves managing key client accounts, driving revenue growth, and providing strategic guidance to clients.
  • Business Development Manager: A position focused on identifying new business opportunities, building partnerships, and expanding the customer base.
  • Sales Operations Manager: A role that entails overseeing sales processes, analyzing data, and implementing strategies to improve sales efficiency and effectiveness.
  • Customer Success Manager: A position dedicated to ensuring customer satisfaction, driving customer retention, and maximizing the value customers derive from products or services.

How to Learn

According to recent data from Google, the projected growth of the Corporate Account Manager role in Australia is expected to be positive in the coming years. The market demand for professionals in this field is anticipated to increase steadily over the next 10 years. With companies increasingly focusing on customer relationship management and expanding their corporate client base, the demand for skilled Corporate Account Managers is likely to rise. This growth in the market is expected to result in a significant number of employment opportunities for individuals seeking to pursue a career in this field in the future.