Description

Corporate account managers are responsible of maintaining and developing relationships with customers, and they typically manage accounts across the country or within a particular area dependent on the size of the business and the number of customers. They are regularly in contact with customers and listen to their requirements and helping them meet their needs. The employee is part of the sales department, and collaborates with other employees in meetings to increase sales and satisfy customer needs. Account managers for corporate accounts are hired by various businesses that include (but not restricted to) in the medical industry as well as the retail industry and the manufacturing industry. The job is usually carried out in an office environment during business hours. traveling may be required based on the requirements of the company.

A majority of employers will require or require a minimum bachelor's degree to fill their corporate account manager jobs however a master's degree in business administration might be more desirable. Experience in a similar position is usually required or preferable in addition. Sales managers or people who have other sales-related jobs could be elevated to a corporate account manager job. The corporate account manager should be able to use basic computer programs, such as Microsoft Office. Microsoft Office suite, and certain employers might require proficiency with specific software for their industry. A high level of communication and time management abilities are also required.

Roles & Responsibilities

As a Corporate Account Manager with 3-6 years of experience in the United States, your main responsibilities include:

  • Managing and nurturing client relationships, ensuring their satisfaction and identifying opportunities for growth.
  • Developing and executing sales strategies to meet or exceed revenue targets.
  • Collaborating with cross-functional teams to deliver comprehensive solutions to clients' business challenges.
  • Monitoring market trends and competitors to identify new business opportunities and stay ahead of industry developments.

Qualifications & Work Experience

For a Corporate Account Manager job role, the following qualifications are required:

  • Demonstrated success in managing corporate accounts, achieving sales targets, and building lasting client relationships.
  • Ability to analyze market trends, identify potential business opportunities, and develop effective account management strategies.
  • Excellent written and verbal communication skills to effectively engage with clients, understand their needs, and present solutions that align with their business objectives.
  • Sound understanding of financial statements, budgeting, and forecasting, enabling the ability to provide financial insights and optimize customer profitability.

Essential Skills For Corporate Account Manager

1

Accounting Fundamentals

2

Sales

3

Account Reconciliation

Skills That Affect Corporate Account Manager Salaries

Different skills can affect your salary. Below are the most popular skills and their effect on salary.

Sales Strategy

14%

Strategic Negotiations

12%

Sales & Management

22%

Career Prospects

The Corporate Account Manager role in the United States requires 3-6 years of experience. If you're looking for alternative roles in a similar domain, here are following options:

  • Sales Manager: A role that involves overseeing and managing sales teams, developing and implementing sales strategies, and achieving revenue targets.
  • Customer Success Manager: A position focused on building and maintaining relationships with key clients, ensuring customer satisfaction, and driving customer retention.
  • Business Development Manager: A role that involves identifying and pursuing new business opportunities, conducting market research, and negotiating partnerships or contracts.
  • Key Account Manager: A position focused on nurturing and expanding relationships with key clients, identifying their needs, and acting as the main point of contact.

How to Learn

The role of Corporate Account Manager in the United States is expected to witness significant growth in the market. A 10-year analysis reveals a positive outlook for this job role. According to recent data available from Google, there is a projected increase in employment opportunities for Corporate Account Managers in the future. The exact number of these opportunities is not mentioned, but the trend indicates a promising growth path for this position.