Director, Renewals
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Job Category
Customer SuccessJob Details
About Salesforce
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The Director, Renewals is a lead role in the Customer Success and Growth organization at Salesforce. The Director is responsible for leading a team of renewal professionals dedicated to protecting and growing revenues in their designated territory. The Director is responsible for leading the vision and strategy for their team’s activities, including, identifying and forecasting attrition risk, design and execution of renewals strategy in territory and working with leaders in Sales and Customer Success.
The successful candidate will have excellent communication and Interpersonal skills, a strong understanding of Salesforce products and culture and previous experience in a leadership role. The Director, Renewals is responsible for ensuring that the team is focused on minimizing financial attrition, locking in the most favorable terms, identifying growth opportunities and passing their findings and data insights back to the business. Directors are responsible for ensuring that their team and their customers are set up for success while maximizing the financial results for Salesforce.
RESPONSIBILITIES:
Lead a team of dedicated renewals professionals.
Initiates and develops strong alignment with key stakeholders at the executive level in order to influence other teams to help to shape policy/process, identify gaps and proactively address them.
Support direct reports by participating and leading in client meetings and engaging other corporate resources as required.
Be a trusted advisor to Sales and Customer Success leadership in your territory.
Ongoing mentoring and development of Renewals team
Build a Monthly meeting cadence with Sales and Customer Success leadership within your territory
Weekly forecast meetings with the team to drive forecasting excellence and accuracy.
Develop and educate on best practice across the team
Achieve or exceed attrition and uplift targets.
Develop and execute win/win negotiation strategies for all contract renewals that maximize contract value while protecting and enhancing customer trust.
Maximize account growth opportunities by ensuring that their team is playing an active role on the extended account team and helping to identify incremental opportunities upon contract renewal.
Own, drive and manage the renewals process in collaboration with internal stakeholders .
Take a lead role in collaborating with internal resources (Competitive Intelligence, Pricing, Product Management, Customer Success, Account Executives, etc...) to develop comprehensive 'win' strategies for renewals.
Ensure that your team is effectively Identifying customer requirements, uncovering roadblocks, and demonstrating strong account management and commercial capabilities to drive their renewal events to on-time closure and customer success
Provide executive management with complete visibility to renewals and solicit executive involvement as required.
Communicate risk clearly and take the lead in developing resolution strategies.
Accurately maintain and accurately forecast a rolling 120 day forecast of renewals in your territory.
Ensure that your team adheres to best practices for all internal processes including, but not limited to, Opportunity Management, Data Quality and accuracy, Quotations and Forecasting
Ensure your team achieves financial and strategic targets for minimizing attrition, positioning favorable terms and boosting incremental revenue via up-sells, cross-sells and add-ons
Develop your team or teams in terms of mentorship, knowledge, confidence and career paths, engage in regular 1:1’s with all employees in your team.
Assist in the annual renewal planning process for the team(s), including the calculation of annual renewal rates, term length and price increase targets.
REQUIRED SKILLS/EXPERIENCE:
15 or more years of demonstrated success in a Renewals Strategy and Leadership capacity with a strong focus on negotiating contracts.
Previous experience of leading, developing and mentoring a team for success
Proven track record of overachievement of quota and KPIs
Strong organizational, operational and analytical skills
Demonstrated ability to effectively articulate the Salesforce value proposition
Possess exceptional negotiation skills that allow for value-based contract negotiations at the CXO level and be an effective mentor to pass these skills to your team via regular training and coaching sessions..
Excellent financial acumen, process and policy management skills
Strong customer management skills including soft skills. Ability to demonstrate a strategic mindset to enable persuasive conversations with customers.
Experience with salesforce.com essential.
Ability to manage, analyze and track data for a sophisticated and often complex renewal cycle
Ability to work in a fast-paced and an often rapidly changing environment
Bachelor's Degree
Must be able to travel 3-5 times a year to attend team meetings
DESIRED SKILLS/EXPERIENCE:
Knowledge of salesforce.com product and platform features, capabilities, and best use
Experience negotiating complex multi-year services contracts.
Experience with an enterprise CRM or customer service application.
Ability to manage transactions through different stages using technology.
Possess solid negotiation skills that allow for value-based contract negotiations at the CXO level
Experience negotiating complex multi-year services contracts
LEADERSHIP QUALITIES :
PASSION: Passionate about Customer Success and developing people
BEGINNERS MIND: Always learning, approaches each interaction with an open mind, great listener, and hands-on
URGENCY: Ability to move fast and drive business value and results
OHANA: Embodies the Aloha culture: A team player whom everyone enjoys working with and has a generous heart
TRUST: Trusts in the company's core values
ADAPTABLE: Thrives in high levels of uncertainty and change
EMPOWERING: Creates an environment where team members can grow and succeed
Unleash Your Potential
When you join Salesforce, you’ll be limitless in all areas of your life. Our benefits and resources support you to find balance andbe your best, and our AI agents accelerate your impact so you cando your best. Together, we’ll bring the power of Agentforce to organizations of all sizes and deliver amazing experiences that customers love. Apply today to not only shape the future - but to redefine what’s possible - for yourself, for AI, and the world.
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