Enterprise Account Executive - Automotive

PTC Inc; United States; On-site; USD 250,000 - 275,000; Full time

Benefits offered by this job

ESPP

Equity programs

Medical insurance

Dental insurance

Vision insurance

Paid time off

Tuition reimbursement

401(k) match

Flexible spending accounts

Life insurance

Disability coverage

Commuter subsidy

Job summary

PTC Inc. is seeking an Enterprise Account Executive for the Automotive sector to drive digital transformation with OEMs and Tier 1 suppliers.

You will manage Priority Enterprise and Enterprise accounts, lead the full sales cycle, and forecast opportunities with Salesforce, building executive relationships. Applicants should have 8+ years in enterprise software sales within automotive, travel as needed, and a track record of meeting quotas.

Qualifications

• Bachelor’s degree in Business, Marketing, Engineering, or related field.
• Willingness to travel as required to support client and business needs.
• Experience selling enterprise software to automotive OEMs and Tier 1 suppliers.

Responsibilities

• Develop and execute account strategies to achieve quotas for Priority Enterprise and Enterprise accounts in automotive.
• Prospect and expand new and existing automotive accounts with CAD/ALM/PLM solutions.
• Lead the full sales cycle with a value-based approach and CRM forecasting.
• Forecast accurately using opportunity profiles and Salesforce.
• Build executive sponsorship with CIO/CEO/CFO and department leaders.
• Align with cross-functional teams on global account strategies.

Skills

Enterprise software sales

C-level engagement

Salesforce CRM

Forecasting

Relationship mgmt

Automotive industry knowledge

MEDDIC / Command of the Message

Education

Bachelor’s degree

Tools

Salesforce

Job description

Our world is transforming, and PTC is leading the way.Our software brings the physical and digital worlds together, enabling companies to improve operations, create better products, and empower people in all aspects of their business. Our people make all the difference in our success. Today, we are a global team of nearly 7,000 and our main objective is to create opportunities for our team members to explore, learn, and grow – all while seeing their ideas come to life and celebrating the differences that make us who we are and the work we do possible.

The Enterprise Account Executive for the Automotive sector is a results-driven sales professional responsible for driving digital transformation opportunities within OEMs and Tier 1 suppliers. This role focuses on managing and expanding Priority Enterprise and Enterprise accounts within the automotive industry. Priority Enterprise accounts typically have an ARR between $500K and $5M, a total opportunity size of $3M to $10M, and a company size over $2B. Standard Enterprise accounts have an ARR between $50K and $500K, a total opportunity size of $1M to $3M, and a company size over $2B.

The Enterprise Account Executive collaborates with cross-functional teams to develop account strategies, ensuring tailored solutions that meet the unique challenges and objectives of automotive clients, such as connected vehicles, electrification, and autonomous driving.

Responsibilities

• Develop and execute account strategies to achieve assigned sales quotas by selling a comprehensive suite of software solutions to Priority Enterprise and Enterprise accounts in the automotive sector.
• Prospect and develop new accounts while maintaining and growing sales within existing accounts, focusing on solutions that address the unique challenges of OEMs and Tier 1 suppliers.
• Lead the entire sales cycle, managing multiple engagements and guiding clients through a value-based process to successful closure.
• Meet or exceed quarterly and annual sales targets, maintaining a strategic approach to client engagement and aligning with automotive industry trends.
• Accurately forecast sales by maintaining comprehensive opportunity profiles and utilizing CRM tools such as Salesforce.com.
• Build strong relationships with key stakeholders, including executives (e.g., CEO, COO, CFO, CIO) and departmental leaders, to identify, qualify, and close new business opportunities.
• Analyze the internal business processes of automotive clients and present tailored technology solutions to meet their unique needs, with a focus on connected vehicles, electrification, autonomous systems, and supply chain optimization.
• Develop a deep understanding of the company's digital thread product portfolio, including CAD, ALM, PLM, IoT, AR, and SLM offerings, and how they align with the needs of the automotive sector.
• Collaborate with internal teams, including technical sales, product management, and global account managers, to ensure alignment and success in global strategies for multinational automotive accounts.

Skills and Knowledge

Proven record of achieving sales targets, with experience in software sales of at least $1 million in revenue and/or ARR.

Strong relationship management and consultative selling skills, with the ability to engage with C-level executives and departmental managers in the automotive industry.

In-depth knowledge of automotive manufacturing and supply chain processes, including connected vehicles, electrification, and digital transformation.

Proficient in CRM tools and sales forecasting, with a focus on data accuracy and up-to-date information management.

Knowledge of sales methodologies such as MEDDIC or Command of the Message is a plus.

Experience 8+ years of experience selling enterprise software solutions to large enterprise and/or commercial accounts in the automotive sector. Demonstrated success in prospecting and developing accounts using a variety of tools and techniques. Track record of meeting or exceeding quotas, with experience in managing complex sales cycles in competitive markets. Experience working with OEMs and Tier 1 suppliers is strongly preferred.

Minimum Qualifications

• Bachelor’s degree in Business, Marketing, Engineering, or a related field, or equivalent experience.
• Willingness and ability to travel as required to support client and business needs.

Compensation

PTC carefully considers a wide range of factors when determining compensation. The anticipated annual salary range for this position is between $250,000 - $275,000. The anticipated annual salary range encompasses both the base salary and the on-target incentive compensation that may be attained in this role. The salary range reflects a good-faith estimate of compensation at the time of posting. Actual compensation may vary based on a candidate's skills, qualifications, experience, and location.

Benefits

• Eligible employees also have the opportunity to become a PTC shareholder through our employee share purchase program (ESPP) which allows for the purchase of discounted PTC stock.
• Certain roles may also be eligible for participation in our equity programs.
• Medical, dental and vision insurance.
• Paid time off and sick leave.
• Tuition reimbursement.
• 401(k) contributions and employer match.
• Flexible spending accounts.
• Life insurance.
• Disability coverage.
• If you are an office-assigned employee, a generous commuter subsidy.
• All total rewards and benefits programs are subject to plan eligibility and other terms and conditions.

For more information about PTC’s comprehensive benefits, please visit our Careers Page.

Work Authorization

This position is not eligible for employment-based immigration sponsorship. Applicants must be authorized to work in the United States without requiring current or future sponsorship from PTC.

Equal Opportunity and Diversity

At PTC, we believe in the power of diverse ideas and perspectives. As a global company that values and respects all identities, cultures, and perspectives, we strive to create an inclusive PTC for ALL through an environment where everyone feels like they belong and are empowered to bring their true, authentic selves to work. Proud to be an Equal Opportunity Employer, we welcome applicants from all backgrounds and hire without regard to race, national origin, religion, age, color, ethnicity, ancestry, marital status, sex (including pregnancy), sexual orientation, gender identity, gender expression, genetic information, disability, veteran status, or any other characteristic protected by local, state, or federal laws, rules, or regulations. It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

Accessibility

If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact PTC's Talent Acquisition team at [e-mail]. This contact information is for accommodation requests only and cannot be used to inquire about the status of applications.

Career Development and Culture

Life at PTC is about more than working with today’s most cutting-edge technologies to transform the physical world. It’s about showing up as you are and working alongside some of today’s most talented industry leaders to transform the world around you.

We respect the privacy rights of individuals and are committed to handling Personal Information responsibly and in accordance with all applicable privacy and data protection laws. Review our Privacy Policy here.

PTC is a global software company powering how products are designed, built, serviced, and operated across industries like Aerospace & Defense, Industrial, Automotive, MedTech, Electronics, and High Tech. We are bold thinkers who collaborate as one team to deliver meaningful customer outcomes. Grounded in our values-Customers Matter, PTC for All, Team PTC, Purposeful Innovation, and Be Bold, we're shaping a smarter, more sustainable, connected future.