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[Remote] Key Account Manager (Semiconductor) - Santa Clara, CA

Work from home Full-time role Hiring

Note: The job is a remote job and is open to candidates in USA. Festo Corporation is a leading supplier of automation technology and industrial training programs. They are seeking a Key Account Manager to plan, manage, and improve sales activities for national key accounts, aiming to maximize Festo's market share through strong relationship management and strategic account planning.

Responsibilities

  • Analyze the Key Account with respect to actual and future turnover potentials for Festo based on Production sites, Mid- and long-term planning, Technology Concepts
  • Develop and implement account management strategies for key accounts
  • Build and maintain strong relationships with key decision-makers and stakeholders at major accounts
  • Understand customer needs and provide tailored solutions to enhance satisfaction and loyalty
  • Collaborate with internal teams to ensure alignment on product offerings and service delivery
  • Negotiate contracts and pricing agreements to maximize profitability while meeting customer requirements
  • Analyze customer needs and develop account management plan and coordinates the execution of the plans based on team selling
  • Develop mid- and long-term strategies for these Key Accounts with respect to standardization of technology, customer relationship, customer specific product (development) etc
  • Responsible for the achievement of agreed sales targets (budget etc.) of dedicated Key Account(s)
  • Monitor turnover development and implement corrective actions, if required. Monitor account performance and develop action plans to address any issues or opportunities
  • Conduct regular business reviews with key accounts to assess performance and identify growth opportunities
  • Negotiations of local contracts and preparation, as well as implementation of international contracts
  • Manage and support international projects with this Key Account
  • Ensure maximum cooperation with and between the account teams involved, and with all other departments within Festo, nationally and internationally
  • Stay informed about industry trends, competitor activities, and market conditions affecting key accounts
  • Prepare and present reports on account status, sales forecasts, and strategic initiatives to senior management
  • Define and maintain all relevant tools like Mosaic, Share Points, Project data base etc
  • Drives customer specific marketing activities
  • Analyze complete buying center and drives multi-level customer relationship management

Skills

  • At least 5 years of relevant professional experience
  • University Degree (engineering and/ or business studies; electrical engineering advantageous)
  • Technical knowledge
  • Knowledge of products
  • Knowledge of customers
  • Knowledge of market/industry segments
  • Knowledge of Festo as a company
  • Business knowledge
  • Management knowledge and a solid understanding of business practices
  • MS-Office, CRM-tools knowledge, SAP
  • Communication skills
  • Negotiating skills
  • Winning complex sales
  • Experience in project management methods is advantageous
  • Experience in industrial B2B sales
  • Management of sales processes, Key Account management
  • Postgraduate study in Technical Business or Business Administration is a plus

Benefits

  • Medical
  • Dental
  • Vision
  • Flexible Spending Programs
  • Short-term and Long-term disability
  • 401k
  • Pet Insurance
  • Paid Holidays
  • Paid time off
  • Educational assistance

Company Overview

  • FESTO is a privately owned German industrial control and automation company based in Esslingen am Neckar, Germany. It was founded in 1925, and is headquartered in Esslingen, Baden-Wurttemberg, DEU, with a workforce of 10001+ employees. Its website is https://www.festo.com/us/en.
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