Description
The Renewal Sales Representative (Renewal Manager) is responsible for managing and selling Term and Cloud license renewals of Splunk's industry-leading software. You will work closely with Sales and Success Management teams to maximize retention, minimize churn risk, and drive growth on the Renewal event.
The ideal candidate will have a consistent track record of success renewing Term and/or Cloud Licenses/Software Subscriptions, with growth, and in building beneficial, positive relationships with customers, the broader account management team, and channel partners.
Responsibilities:
- Manage a sales territory carrying an individual quota in contract renewal and growth as part of the Japan Renewal Sales team.
- Meet or exceed assigned revenue goals and on-time renewal rate targets.
- Work several quarters ahead of renewal dates to ensure customer 'Renewal Readiness', engaging with the broader account team, partners, and customer health data to identify renewal risk, and partner on remedial actions aimed at securing an on-time renewal, with growth potential.
- Identify expansion opportunities to generate additional revenue (upsell/cross-sell), driving those opportunities to closure and/or ensuring that the appropriate account management resources are engaged to maximize the opportunity.
- Prepare and provide customers with renewal quotes within 90 days of support expiration.
- Maintain accurate account, license, service contract, asset, and maintenance entitlement records within salesforce.com.
- Manage renewals from opportunity to invoice, understanding pricing and contractual obligations.
- Prepare weekly forecasts of renewal bookings and renewal rates within a tight band of accuracy.
- Pro-actively identify issues that may impact a renewal, and engage all available resources to resolve.
- Assist Sales and Finance teams with customer and account research & customer audits for renewal.
- Resolve order issues with Customer Service and Order Management.
- Track non-renewal, pending, and lost renewals including reasons for cancellation.
- Support evolving operational processes aimed at improving renewal efficiency, effectiveness, accuracy, and insight generated from renewals performance.
Skills/Knowledge/Capabilities:
- Speak Japanese and English.
- Bachelor’s degree or equivalent work experience in technical sales/renewals.
- Strong attention to detail.
- Logical and analytical thinker.
- Highly motivated and professional, with excellent communication and interpersonal skills.
- Demonstrated negotiation skills.
- Ability to multi-task and track multiple issues.
- Excellent customer service skills with an orientation towards helping customers.
- Strong desire and willingness to learn.