Account Executive - Splunk

Cisco•Chicago, IL

2d•Remote

About The Position

Influences and drives strategic decisions within Splunk customer’s buying center by leveraging SaaS and cloud expertise with cybersecurity and observability competitor and market insights. Serves as the Account Orchestrator, aligning and integrating Splunk products, services, and solutions with customers’ strategic goals and needs, driving incremental revenue growth and recurring revenue. Maintains a comprehensive understanding of Splunk’s products, services, and solutions. Liaises with other portfolio sellers to ensure adherence and alignment to GTM processes, tools, and methodologies. Owns the legal goal, creates and manages quality pipeline, develops business, negotiates, and closes the deal. Builds the sales funnel through opportunity prospecting, develops and owns opportunities through to sales completion to achieve revenue goals. Analyses data and creates forecasts to set weekly, monthly, and quarterly sales commitments. Conducts business and technical evaluations to ensure proposals meet customers’ business objectives. Identifies new land opportunities, develops proposals, and creates account plans. Closely monitors cybersecurity and observability trends, market dynamics, and competitive landscapes. • Specialization and Focus - Specialist in Splunk solutions, services, and products • Customer Engagement and Accountability - Primary influencer. Oversees overall customer strategy, value, and relationship. Develops deep understanding of customer business risk and opportunities to ensure value realization • The Internal Sales Process - All deal stages. Spends most of the time between prospect/qualification and proposal of the deal • Corporate Interlock - Low corporate interlock • Typical Sales Cycle - Medium Sales complexity. Average length of deal is 3-6 months but can be as long as 12-18 months in more complex accounts/opportunities. Variable deal size, can be between $50K to $750K (over $1M for SP) • Success Measures - Sustained Splunk portfolio growth, account growth, account retention, incremental annual contract value (IACV) This role can be performed anywhere in the Midwest Region of the United States. Role: • Orchestrates multi-faceted, highly complex deal cycles, often involving multiple stakeholders with significant incremental revenue growth • Typically prospects new deals with C-suite, buyers, executives at all levels • Cultivates expert knowledge of the security, observability and cloud/SaaS market knowledge, advising customers on lifecycle adoption and alignment with customer strategic initiatives • Anticipates evolving customer needs, leveraging specialized knowledge of customer business models, industry trends, and value drivers • Applies competitor and customer insights to build effective account strategy and relationship map • Identifies and interprets shifts in the security and observability competitive landscape (including competitor insights) to provide strategic recommendations to internal and external stakeholders • Leads executive-level engagements by championing innovative, customer-first strategies that drive business transformation and long-term value realization • Expertly navigates commercial, legal, and technical requirements and risks to realize business value • Leads negotiations with a consultative approach by balancing competitive pricing, service levels, and contractual commitments to secure customer-first agreements • Reviews, prioritizes, and aligns customer needs and Splunk portfolio strategy to drive significant incremental annual contract value • Leads Splunk account planning and leverages innovative channels to identify new consumption options within Splunk while mitigating risk • Demonstrates deep technical comprehension of technical solutions and their long-term value/ROI in customer context • Integrates CRM data with business intelligence tools to develop scalable operational frameworks for sales process optimization and tool utilization • Partners with other account executive resources to provide insights to Rev Ops, finance, legal, and procurement teams for cross-functional workflow enhancement • Champions GTM-wide collaboration that influences Splunk and customer organizations

Requirements

Bachelors + 5 years of related experience
Masters + 4 years of related experience
PhD + 3 years of related experience

Nice To Haves

Varies based on the team and business needs | Preferred Qualifications are desired education, experience, and skills that are in addition to Minimum Qualifications.

Responsibilities

Influences and drives strategic decisions within Splunk customer’s buying center by leveraging SaaS and cloud expertise with cybersecurity and observability competitor and market insights.
Serves as the Account Orchestrator, aligning and integrating Splunk products, services, and solutions with customers’ strategic goals and needs, driving incremental revenue growth and recurring revenue.
Maintains a comprehensive understanding of Splunk’s products, services, and solutions.
Liaises with other portfolio sellers to ensure adherence and alignment to GTM processes, tools, and methodologies.
Owns the legal goal, creates and manages quality pipeline, develops business, negotiates, and closes the deal.
Builds the sales funnel through opportunity prospecting, develops and owns opportunities through to sales completion to achieve revenue goals.
Analyses data and creates forecasts to set weekly, monthly, and quarterly sales commitments.
Conducts business and technical evaluations to ensure proposals meet customers’ business objectives.
Identifies new land opportunities, develops proposals, and creates account plans.
Closely monitors cybersecurity and observability trends, market dynamics, and competitive landscapes.
Orchestrates multi-faceted, highly complex deal cycles, often involving multiple stakeholders with significant incremental revenue growth.
Typically prospects new deals with C-suite, buyers, executives at all levels.
Cultivates expert knowledge of the security, observability and cloud/SaaS market knowledge, advising customers on lifecycle adoption and alignment with customer strategic initiatives.
Anticipates evolving customer needs, leveraging specialized knowledge of customer business models, industry trends, and value drivers.
Applies competitor and customer insights to build effective account strategy and relationship map.
Identifies and interprets shifts in the security and observability competitive landscape (including competitor insights) to provide strategic recommendations to internal and external stakeholders.
Leads executive-level engagements by championing innovative, customer-first strategies that drive business transformation and long-term value realization.
Expertly navigates commercial, legal, and technical requirements and risks to realize business value.
Leads negotiations with a consultative approach by balancing competitive pricing, service levels, and contractual commitments to secure customer-first agreements.
Reviews, prioritizes, and aligns customer needs and Splunk portfolio strategy to drive significant incremental annual contract value.
Leads Splunk account planning and leverages innovative channels to identify new consumption options within Splunk while mitigating risk.
Demonstrates deep technical comprehension of technical solutions and their long-term value/ROI in customer context.
Integrates CRM data with business intelligence tools to develop scalable operational frameworks for sales process optimization and tool utilization.
Partners with other account executive resources to provide insights to Rev Ops, finance, legal, and procurement teams for cross-functional workflow enhancement.
Champions GTM-wide collaboration that influences Splunk and customer organizations.

Benefits

medical, dental and vision insurance
a 401(k) plan with a Cisco matching contribution
paid parental leave
short and long-term disability coverage
basic life insurance
paid time away
10 paid holidays per full calendar year, plus 1 floating holiday for non-exempt employees
1 paid day off for employee’s birthday, paid year-end holiday shutdown, and 4 paid days off for personal wellness determined by Cisco
16 days of paid vacation time per full calendar year, accrued at rate of 4.92 hours per pay period for full-time employees (non-exempt)
flexible vacation time off program (exempt)
80 hours of sick time off provided on hire date and each January 1st thereafter, and up to 80 hours of unused sick time carried forward from one calendar year to the next
Additional paid time away may be requested to deal with critical or emergency issues for family members
Optional 10 paid days per full calendar year to volunteer
annual bonuses (for non-sales roles)
performance-based incentive pay on top of their base salary (for sales plans)