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Strategic Account Manager

Renesas ElectronicsSan Jose, CA
Hybrid

About The Position

The Enterprise Strategic Account Manager is responsible for driving revenue growth, retention, and expansion across a defined set of named enterprise accounts. This role owns the end-to-end sales lifecycle—from executive-level discovery through contract negotiation, onboarding alignment, renewal, and expansion. Success in this role is measured by quota attainment, forecast accuracy, customer retention, and pipeline health.

Requirements

  • 6+ years of enterprise account management or business development experience
  • 6+ years selling or supporting a technical SaaS or platform product
  • Proven ability to meet or exceed enterprise quotas
  • Strong executive communication and negotiation skills
  • Salesforce pipeline management experience
  • Willingness to travel as needed

Nice To Haves

  • EDA industry experience

Responsibilities

  • Own a named portfolio of enterprise accounts with an annual attainable quota
  • Achieve 100%+ of annual quota through new logo expansion, upsell, and renewal growth
  • Drive minimum 15–30% year-over-year account growth
  • Maintain account retention of 95%+ and net revenue retention of 110%+
  • Sell directly to C-suite, VP, and Director-level buyers
  • Lead executive discovery and multi-stakeholder sales cycles
  • Close complex enterprise deals ranging from $50K–$1M+ ARR
  • Maintain forecast accuracy within ±10%
  • Maintain pipeline coverage of at least 3x quota
  • Ensure accurate Salesforce updates including close plans, risks, and next steps
  • Communicate deal readiness during weekly forecast reviews
  • Lead pricing, legal, and commercial negotiations
  • Close multi-year enterprise contracts involving procurement and legal
  • Improve sales cycle efficiency year-over-year
  • Serve as executive sponsor post-sale
  • Partner with Customer Success to ensure onboarding and ROI realization
  • Identify and close expansion opportunities within 6–12 months
  • Act as internal subject-matter expert for assigned verticals
  • Contribute to sales strategy, messaging, and enablement
  • Establish Cross-functional collaboration with interdepartmental stakeholders
  • Mentor and support enterprise sales team members
  • Complete onboarding and training certifications within 30 days
  • Build strategic account plans for all assigned accounts
  • Generate $1M+ in qualified pipeline
  • Close first deal or expansion within 90 days

Benefits

  • Bonus opportunities
  • Medical
  • Health savings account (with applicable medical plan)
  • Dental
  • Vision
  • Health and/or dependent care flexible spending accounts
  • Pre-tax commuter benefits
  • Life insurance
  • AD&D
  • Pet insurance
  • Company-paid life insurance
  • Company-paid AD&D
  • LTD
  • Short term medical benefits
  • Paid sick time
  • Paid holidays
  • Accrued paid vacation

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What This Job Offers

Job Type

Full-time

Career Level

Senior

Education Level

No Education Listed

Number of Employees

5,001-10,000 employees

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