Team Leadership:
- Lead and mentor a team of renewal managers, providing guidance and coaching to ensure they meet and exceed renewal targets.
- Hire, manage, onboard, and develop a high-performance team of senior renewal managers and renewal managers.
- Foster a collaborative and amped-up culture within the renewals team.
- Coaching and providing performance feedback to drive ambitious outcomes and ensure team members are fully engaged and productive.
- Helping team members to achieve their career aspirations and drive high-quality outcomes.
Renewal Strategy:
- Develop and execute effective renewal strategies for ASEAN and when required for other regions, focusing on maximizing renewal rates and protecting Oracle’s revenue.
- Ensuring that Quarterly / Annual Renewal quotas are achieved and exceeded.
- Developing a close working relationship with field sales and sales leadership to ensure alignment in strategy and actions.
- Working with cross-functional teams to ensure proactive preparation of Renewal workload coverage (including headcount budget).
Customer Engagement:
- Build and maintain strong relationships with key customers, acting as the primary point of contact during the renewal process.
- Proactively address customer concerns and objections to secure renewals and ensure customer satisfaction.
- Creation of a “Renewals Playbook” and ensuring the Renewals Team is following a consistent proactive process engaging customers and prosecuting renewals.
Forecasting and Reporting:
- Maintain accurate records of customer renewal status, revenue forecasts, and pipeline data.
- Provide regular reports and insights to senior management regarding renewal performance, trends, and opportunities.
- Working with Sales leadership, Customer Success, Operations, and Finance to ensure the reporting, tracking, and forecasting of quarterly and annual renewals is accurate.
- Creating a culture of forecasting 180 days in advance, allowing time for steps to mitigate churn.
Contract Management:
- Manage contract renewals, negotiate pricing, and contract terms, and ensure compliance with company policies and objectives.
- Ensuring that favourable terms are agreed at the time of renewals.
Process Improvement:
- Continuously evaluate and optimize the renewal process to enhance efficiency and effectiveness.
- Collaborate with cross-functional teams to streamline and improve the overall customer experience.
Qualifications
Career Level - M4
Responsibilities
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