VP of Sales

Sorry, this job was removed at 11:06 a.m. (CST) on Thursday, April 18, 2019
Find out who's hiring in Chicago.
See all Sales jobs in Chicago
Apply
By clicking Apply Now you agree to share your profile information with the hiring company.

BenchPrep VP of Sales

Based in Chicago, BenchPrep is the leading provider of an advanced white label online learning platform and enables the world's leading education and training companies to deliver best-in-class digital learning programs. The company’s modern cloud-based platform is transforming the professional education space, with many of the largest credentialing bodies, associations, and training organizations in the world now delivering learning programs through BenchPrep. Customers include ACT, Becker Professional Education, AAMC, CFA Institute, CompTIA, GMAC, Institute for Supply Management, ASCM, Hewlett Packard Enterprise, NCBE, ProLiteracy, HR Certification Institute, Richardson Sales Training, Hobsons, McGraw Hill Education, OnCourse Learning, and Houghton Mifflin Harcourt. More than 4 million learners have used BenchPrep’s platform to attain academic and professional success. To discover more about BenchPrep, please visit www.benchprep.com.

Job Description:

BenchPrep is looking for an ambitious, metrics-driven sales leader who is seeking to scale a B2B sales organization and drive revenue. As the head of sales, you will advocate for your team while working to support our broader mission. You will own all aspects of revenue generation processes, go to market strategies and execution. You have a proven track record of success with defining the sales playbook, sales execution, recruiting, management and operations while exceeding growth expectations year over year

Duties and Responsibilities:

Managing & Coaching

  • Manage all aspects of the sales effort including prospecting, opportunity qualification, contract negotiation and handoff to customer success
  • Build and lead a high performing sales team via strategic guidance, industry insights, and sales training; while focusing on quantitative results
  • Ensure the attainment of assigned sales quotas by leading the sales process, providing direction and recommendations to improve sales close ratios
  • Coach and mentor a growing sales team by delegating responsibility, empowering decision making, and fostering collaborative communications

Sales Strategy & Operations

  • Build a scalable, repeatable, and predictable revenue engine
  • Develop the organizations go-to-market strategy. Lead the Sales organization in the acquisition of new customers and the retention of existing customers
  • Establish performance metrics and utilize reporting tools to monitor the results of direct reports, while providing concise forecasting and reporting
  • Develop annual business plans for key accounts across all sales channels, including pricing, comprehensive account plans, and forecasts
  • Support the sales team in negotiating contract terms, manage deals to a successful closing, and ensure a smooth transition to the customer success team
  • Maintain high level of pipeline, funnel and CRM discipline by including accurate forecasting around revenue; i.e. ensuring entire team records meeting activity, opportunity value and close/won dates, etc.
  • Drive annual planning process across the sales organization, including business modeling, white space analysis, territory planning, compensation design, in close partnership with cross-functional leadership team.
  • Maintain impeccable sales data quality in our CRM for tracking leads and opportunities, generating regular reports and forecasts for the CEO and our Board.
  • Develop a growing, talented salesforce through the creation of a sales training program to quickly ramp new folks while maintaining a high level of sales acumen for new products.
  • Work closely with our product team to develop a deep understanding of our product, competitive positioning and how it integrates with our clients’ needs
  • Help drive alignment between sales and marketing. Work with Head of Marketing to ensure sales strategy is integrated with marketing roadmap, plan and programs.

Requirements:

  • 10+ years of sales leadership experience in a fast-paced, high-growth SaaS startup, experience establishing a successful and scalable Enterprise Sales team
  • Demonstrates ability to generate and manage $25M+ ARR
  • Strong understanding of B2B SaaS or subscription business model
  • Strong track record of achieving and exceeding revenue goals
  • Possesses a strategic vision and an ability to execute
  • Showcases entrepreneurial spirit with strong relationship management and negotiation skills
  • Proven track record of recruiting, training, and motivating top-tier sales and account management talent
  • Passion for developing and mentoring sales talent
  • Natural results-oriented leader with inherent personal drive; ability to navigate ambiguity, operate effectively in a hyper-growth, start-up environment, and motivate a team of high performing individuals.
  • Exceptional communication and presentation skills with the ability to clearly articulate compelling value propositions of our products.
Read Full Job Description
Apply Now
By clicking Apply Now you agree to share your profile information with the hiring company.

Technology we use

  • Engineering
  • Product
  • Sales & Marketing
  • People Operations
    • CSSLanguages
    • JavaLanguages
    • JavascriptLanguages
    • KotlinLanguages
    • RubyLanguages
    • SassLanguages
    • SqlLanguages
    • SwiftLanguages
    • TypeScriptLanguages
    • Backbone.jsFrameworks
    • Node.jsFrameworks
    • Ruby on RailsFrameworks
    • vue.jsFrameworks
    • PostgreSQLDatabases
    • RedisDatabases
    • Google AnalyticsAnalytics
    • ConfluenceManagement
    • JIRAManagement
    • HubSpotCRM
    • SalesforceCRM
    • SlackCollaboration
    • ZoomCollaboration
    • TrelloProject Management

Location

Our company is located in the heart of downtown Chicago, Illinois. The office is part of the city's central business district and is known for its vibrant urban atmosphere. It is located not far from the Chicago River, providing opportunities for scenic riverfront walks and activities.

An Insider's view of BenchPrep

How would you describe the company’s work-life balance?

For the last 4 years I have been with BenchPrep, the company has given me everything I need to find balance in my life. Having the freedom and control over the hours I work, while still meeting agreed-upon deadlines and work expectations is extremely important. BenchPrep does an amazing job at prioritizing a flexible and inclusive work environment.

Zheni Mihaylova

QA Manager

What kinds of technical challenges do you and your team face?

Everyone is very passionate about others succeeding and are so helpful when you come to them with a question, whether it’s about functionality, process, how something works or anything in between. I have never felt like I have asked a silly question, and everyone always makes time for others.

Nicole White

Product Manager

How does the company support your career growth?

During my time here at BenchPrep, management has identified skills that led me from my previous role to the position that I am in today. Because of this, I have been able to help lead a collaborative relationship between my current and previous departments, which has helped me make a positive impact throughout the company.

Hector Uriostegui

Senior QA Engineer

What unique initiatives do you have that encourage innovation?

We are lucky to be able to incorporate a developer experience week at the end of our sprints. This allows engineers to work on professional development, experimentation, and engineering quality of life projects. As a result engineers have been able to experiment with new technologies and delivered many process improvements through automation.

John Gill

Senior Engineering Manager

What are some social events your company does?

At BenchPrep we always put people first. We make social functions a priority because our community is at the core of our company, and provides an opportunity to bond and build stronger relationships with our colleagues. Whether it’s painting pumpkins, cruising on the Chicago River, or even going curling, we are always focused on staying connected.

Sam Lebewitz

Accounting Manager

What are BenchPrep Perks + Benefits

BenchPrep Benefits Overview

BenchPrep provides a full suite and a wide variety of benefits and perks. While our competitive medical benefits and 401(k) contribution are nothing to dismiss, it’s the extras that really set us apart. We provide an annual $1,200 learning stipend, Flex PTO (our version of unlimited PTO), Summer Hour Fridays, 8 wellness days to focus on physical health AND mental health, a $500 new hire stipend to set up your home office, and $25 each month after that. We also have a generous parental leave program, and have no meeting days each sprint, and no meeting periods Friday afternoons during non-Summer Hours to ensure deep focus time.

Lastly, we are a remote-first organization, giving our employees the flexibility to work from wherever in the U.S. makes most sense for them. Although we are remote-first, we do still have an office space for employees to use should it be preferable to them. Finally - twice a year we bring the entire team into our space in Chicago for a 3 day office retreat, where we spend time on collaboration, learning, and simply having fun with each other. Scroll down to learn more about those items and see what else BenchPrep has to offer.

Culture
Volunteer in local community
Partners with nonprofits
Open door policy
Team based strategic planning
Pair programming
Open office floor plan
Day off for your birthday
We acknowledge and celebrate employees on their special day, and encourage them to utilize this special benefit by spending quality time with loved ones, and/or doing the things they enjoy the most.
Hybrid work model
Summer hours
Flexible work schedule
BenchPrep offers flexible work schedules as needed for employees. It allows for greater work-life balance and can lead to increased job satisfaction and productivity.
Remote work program
BenchPrep offers Remote Work as an option for employees. This also allows employees to better balance their work commitments with personal and family needs.
Diversity
Highly diverse management team
Mandated unconscious bias training
Hiring practices that promote diversity
Diversity recruitment program
Health Insurance + Wellness
Flexible Spending Account (FSA)
Pre-tax dollars can be set aside for medical, dental, and vision ($2,750/yr) for employees or dependents with or w/o enrolling in our insurance program. Daycare & elder care allows for up to $5,000/yr
Disability insurance
Our plan coverage offers employees Short Term Disability coverage at 60% of their weekly salary with a $2,500 weekly max. Long Term = 60% of their monthly salary with a $10,000 monthly max.
Dental insurance
BenchPrep offer 3 dental plans.
Vision insurance
BenchPrep’s vision insurance plans provide annual eye exams for a $10 copay and a $130 allowance toward frames and/or contacts.
Health insurance
BenchPrep’s health insurance plan with BCBS of IL has a low deductible and BenchPrep pays 90% of the monthly premium for employees AND their dependents.
Life insurance
Up to 3x annual salary, $750K max of voluntary life insurance & accidental death & dismemberment insurance. Spouse & dependent children plans available too.
Pet insurance
Wellness programs
Mental health benefits
Wellness days
These days are designed to allow employees to take time off for self-care and to focus on their physical and mental health.
Financial & Retirement
401(K)
BenchPrep’s 401k retirement plan offers a a cost effective employee retirement plan. The plan offers Roth and Pre-tax Investment options.
401(K) matching
BenchPrep contributes 3% of an employee’s annual base salary, regardless of how much the employee contributes, which is immediately vested.
Performance bonus
Child Care & Parental Leave
Generous parental leave
BenchPrep offers generous paid parental leave for new parents with at least 1 month of service, including a paid leave policy for foster parents.
Family medical leave
Return-to-work program post parental leave
Vacation + Time Off
Unlimited vacation policy
Paid volunteer time
Paid holidays
BenchPrep closes its office for all major holidays, including MLK day, Presidents' Day, Memorial Day, 4th of July, Labor Day, Thanksgiving, and Christmas THROUGH New Years Day.
Paid sick days
BenchPrep employees receive 5 sick days per year.
Flexible time off
Bereavement leave benefits
Company-wide vacation
The company is closed during the week between Christmas and New Year's to allow employees to relax, spend quality time with family/friends, and recharge, and contribute to their overall well-being.
Office Perks
Commuter benefits
Transit and Parking benefits: Employees may elect up to $260/month for pre-tax allocation for mass transit & parking expenses for commuting to BenchPrep, including Metra, Ventra and parking facilities
Company-sponsored outings
BenchPrep has regular outings that include Cubs rooftops, boat trips on Lake Michigan, off-site happy hours, poker nights, game nights, foodie dinners, and a holiday party, among other events.
Free daily meals
We provide a $12.50 daily stipend for employees every day via Fooda (https://www.fooda.com/resources/case-study/how-tech-startup-benchprep-made-lunch-powerful-part-its-culture).
Free snacks and drinks
FULLY stocked! Beverages = Soda, Coffee, Tea, RedBull, Juice, Vitamin Water, etc. Food = if you can think of the snack, we probably have it or some variation. Employees will never go hungry here.
Some meals provided
Company-sponsored happy hours
Home-office stipend for remote employees
New hires will receive a one time payment of $500 (after 90 days, and grossed up for taxes) and a $25 monthly recurring payment (grossed up for taxes) to aid in monthly home expenses.
Meditation space
Mother's room
Onsite gym
Professional Development
Job training & conferences
Employees are provided an annual stipend to attend external training events or conferences.
Lunch and learns
Promote from within
Continuing education stipend
Continuing education available during work hours
Online course subscriptions available
Customized development tracks
Paid industry certifications

Additional Perks + Benefits

Competitive salary, company sponsored 401(k) • Fun, meritocratic, mission driven, dynamic work culture • Commitment to fostering positive office culture (included, but not limited to, monthly company dinners, quarterly outings, an in-office ping pong table, cocktail hours, poker nights, etc.)

More Jobs at BenchPrep

Apply Now
By clicking Apply Now you agree to share your profile information with the hiring company.
Learn more about BenchPrepFind similar jobs like this