Director, Renewals

griddable.io; Mumbai; On-site; INR 3,500,000 - 5,500,000; Full time

Job summary

Salesforce seeks a Director of Renewals to lead a team of renewal professionals and protect and grow revenues in the assigned territory. You will shape renewal strategy, forecast attrition risk, and partner with Sales and Customer Success to optimize terms and boost account growth.

The role requires exceptional communication, Salesforce product knowledge, and a proven leadership track record in a fast-paced environment. Travel 3–5 times per year.

Qualifications

• 15 or more years of demonstrated success in a Renewals Strategy and Leadership capacity with a strong focus on negotiating contracts.
• Proven track record of leading, developing and mentoring a team for success.
• Demonstrated ability to exceed quota and KPIs, with strong financial acumen.

Responsibilities

• Lead a team of dedicated renewals professionals.
• Align with executive stakeholders to shape policy, processes and strategic gaps.
• Mentor direct reports and participate in client meetings to drive renewal outcomes.
• Act as trusted advisor to Sales and Customer Success leadership in the territory.
• Develop win/win renewal strategies and maximize contract value while protecting customer trust.
• Drive forecasting accuracy with weekly and monthly cadences and 120-day rolling forecasts.
• Collaborate with internal resources to devise comprehensive renewal strategies.
• Identify renewal risks and opportunities, and communicate with executives as needed.

Skills

Leadership

Renewals Strategy

Negotiation

Forecasting

Stakeholder Management

Communication

Mentoring

Education

Bachelor's Degree

Tools

Salesforce.com

Job description

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 boosti ng 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