Oracle Business Development Account Executive - Private Equity Practice in Reno, Nevada
Responsible for the identification of relevant new business opportunities and designs "go-to-market" plan to deliver measurable and significant revenues. Pursues sales opportunities in the market, and carries the baton in the beginning of the sales cycle.
A Business Development Representative is assigned to strategic accounts which may be grouped by industry where Oracle has a limited presence. Acts as primary liaison between Consulting, Sales, and Oracle Development for the product*s sales opportunities. Generates business opportunities through prospecting mass market programs and leveraging third party partners. Develops and coordinates a worldwide relationship with customers that establishes Oracle as a preferred vendor and optimizes Oracle's sales of product. Executes aggressive strategies and plans to successfully drive the product as the preferred customer selection. Provides account representatives with information on how the product addresses specific needs, and assists account representatives in using Oracle's products to leverage large revenue opportunities. Assists in articulating product message, coordinates technical resources and hands off deals to a successful close.
Duties and tasks are standard with some variation. Completes own role largely independently within defined policies and procedures. 2-5 years of progressively increased responsibilities in sales, marketing, or business development experience preferred. Demonstrated aptitude for solving business problems using technology and applications. Ability to work with and communicate effectively with multiple colleagues in a team selling environment. Business and account planning implementation experience. Conversant in Oracle technology and product strategies. Strong written, verbal, and interpersonal skills. Ability to travel. BA/BS degree or equivalent.
This is a remote/office based position which may be performed anywhere in the United States except for within the state of Colorado.
Oracle is an Affirmative Action-Equal Employment Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability, protected veterans status, age, or any other characteristic protected by law.
_Oracle NetSuite –Business Development Account Executive – Private Equity_
Oracle provides the world’s most complete, open, and integrated business software and hardware systems, with more than 400,000 customers including 100 of the Fortune 100 representing a variety of sizes and industries in more than 145 countries around the globe. Oracle's product strategy provides flexibility and choice to our customers across their IT infrastructure. Now, with Sun server, storage, operating-system, and virtualization technology, Oracle is the only vendor able to offer a complete technology stack in which every layer is integrated to work together as a single system. In addition, Oracle's open architecture and multiple operating-system options gives our customers unmatched benefits from industry-leading products, including excellent system availability, scalability, energy efficiency, powerful performance, and low total cost of ownership. Oracle's 130,000 global employees are critical to that success. * *
Job Title: Business Development Account Executive – Private Equity
Why Oracle NetSuite?
Picture yourself building a successful career at Oracle NetSuite—working alongside other talented, driven individuals to help fast-growing mid-size organizations and larger enterprises achieve their business goals with the world's #1 cloud-based business management suite for ERP/financials, CRM, ecommerce and more.
Founded in 1998 by Oracle CEO Larry Ellison and NetSuite CTO and Chairman Evan Goldberg, NetSuite is used by more than 24,000 companies and subsidiaries to run mission-critical operations without the high capital costs and inefficiency of antiquated client/server systems. Named by Gartner as the world's fastest-growing financial management system for the third year in a row, NetSuite is where business is going. Oracle acquired NetSuite in 2016.
Join the fastest growing and most sought after group in NetSuite – Private Equity and Venture Capital Practice. This team will help you work with CXOs, Board Members and owners of firms at the highest level – a very unique opportunity. We are looking for Transactions/PE focused Business Development Representatives to identify M&A trigger events, determine different stakeholders involved and develop relationships. In this role you will make immediate contributions to the organization by finding opportunities and helping the NetSuite sales team close them
This team focuses on building relationships with PE and VC firms globally with the intent of driving NetSuite across their investments. Over the past 7 years since this group was formed, we have doubled in size and contribution every year. This team finds ways and means to establish and build ongoing and recurring relationships with board members/Observers/Deal team/Principals etc and then work with the sales teams internally to help these companies select NetSuite. The PE/VC team touches all the different groups/functions within NetSuite right from Sales (direct, Channel, Alliances, SC) to implementation (PS Org) to Account management. The overarching goal is to
Drive NetSuite across their Investments
Ensure success for the investments choosing NetSuite throughout.
You will have the opportunity to work with senior leaders internally as well as externally. In order to achieve this and to manage growth effectively and efficiently, we are seeking individuals who have a passion for building relationships, are detail oriented and getting the job done attitude. This role would encompass multiple aspects across the different functions internally and also the opportunity of building relationships externally. In addition, you will also learn a lot about the inner workings of a PE firm and the world of Mergers & Acquisitions.
The role will at a minimum include:
Business Development – Provide strategic and tactical support for gaining access to PE firms
Identify, track and act upon on all M&A trigger events (including buy outs, spin offs, divestitures and carve outs etc)
Keep track of the major players in the marketplace and monitor their activity – Investment banks, private equity, venture capital, advisors, consulting organizations
Attend and represent NetSuite at events that focus on PE / VC and M&A
Analyze past transactions and build model for gaining access to prioritized PE/IB firms; create a repeatable success plan
Outbound prospecting based on relevant trigger events
Assist in creating talk tracks, prospecting materials, campaigns and collateral to assist the NetSuite sales team to target these organizations and events
Provide guidance and support to sales reps regarding these different acquisition opportunities
Qualify inbound interest and generate new entry points into leading banks, advisors, PE firms
Acquire and maintain a working knowledge of the complete capabilities of NetSuite's solution
We are seeking individuals with analytical background and experience in NetSuite. They should have showcased success (metrics) in an earlier role and have a distinct/demonstrable roll up the sleeve attitude.
Minimum 3-5 years of experience
Basic understanding of M&A, Private Equity, Investment banking, consulting
Strong process background and analytical thinking
Excel acumen required
Experience selling technology solutions, applications software or other business software
Excellent communication (verbal, written, and presentation) and interpersonal skills (outgoing and personable)
Intelligent, motivated and competitive with a “roll-up-the-sleeves” and “get the job done” attitude
Oracle is an Equal Employment Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability and protected veterans status or any other characteristic protected by law.
Title: *Business Development Account Executive - Private Equity Practice *
Location: United States
Requisition ID: 200014ZZ
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