Regional Hotel Enterprise Account Executive
Boston, MA - USA
Job Summary
Toast is driven by building an all-in-one Food & Beverage platform that helps hotels adapt take control and get back to what they do best: building the businesses they love.
We are looking for a Regional Account Executive to grow Toasts presence among hotel management companies and ownership groups operating 525 properties with food & beverage outlets. These are portfolios large enough to need a real F&B platform but nimble enough to move quickly which makes them one of the most exciting places to sell at Toast. You will own the full sales cycle: building your own pipeline educating corporate leaders on the Toast value proposition through demonstrations and presentations and communicating a compelling purchase rationale that turns a first location into a portfolio-wide rollout. Hotels is a high-growth focus area for Toast and this role sits at the center of it!
- Own the full sales cycle for hotel management companies and ownership groups with 525 properties with F&B identifying and developing leads running discovery and demos building the business case structuring the deal negotiating and closing master service agreements while handing off individual property deals to the property level hotel account executives.
- Self-source a meaningful share of your pipeline through outbound prospecting industry associations and events and referrals supplemented by inbound and partner-generated leads
- Build multi-threaded relationships across the portfolio corporate F&B and operations leaders regional directors property General Managers and outlet managers and navigate the split between management company and ownership decision rights
- Position multi-property rollouts showing how standardizing F&B technology across a portfolio reduces operating complexity improves visibility and scales as the management company adds properties
- Land and expand: win a flagship property or restaurant concept prove it out and convert that success into the rest of the management company portfolio
- Cultivate relationships with business partner counterparts and account managers who sell and support complementary applications and services to point of sale systems serving the hotel and restaurant industries including PMS providers vendor partners and hospitality technology consultants
- Manage a high volume of concurrent opportunities in Toast sales tools (Salesforce) keeping pipeline contacts engagement activity and forecasts accurate and current
- Understand the competitive landscape (strengths weaknesses benefits) and determine how to position Toast to win
- Partner with Sales Engineering Implementation and Customer Success to scope rollouts and set accounts up for long-term expansion
- 36 years of quota-carrying full-cycle SaaS or technology sales experience with a consistent record of meeting or exceeding quota
- Experience across SaaS payments/credit card processing or hospitality technology; hotel F&B restaurant POS or PMS experience is a significant plus
- Proven success in environments with 36 month sales cycles and a high volume of concurrent opportunities
- Comfortable selling to Director- and VP-level operators owner-operators and property General Managers and building consensus across a multi-property group
- Strong outbound prospecting skills and genuine willingness to build your own pipeline
- Solid deal skills discovery business case development pricing and financial structuring negotiation and closing with both new and existing clients
- Previous experience with MEDDPICC or a comparable qualification methodology is a plus
- Comfortable with process-driven sales reporting and tracking
- Strong written and presentation-based communication skills are required
- Must have the ability to work with minimal supervision
- Comfortable working in an entrepreneurial environment
- Travel approximately 2535%
AI at Toast
At Toast one of our company values is that were hungry to build and learn. We believe learning new AI tools empowers us to build for our customers faster more independently and with higher quality. We provide these tools across all disciplines from Engineering and Product to Sales and Support and are inspired by how our Toasters are already driving real value with them. The people who thrive here are those who embrace changes that let us build more for our customers; its a core part of our culture.
Our Total Rewards Philosophy
We strive to provide competitive compensation and benefits programs that help to attract retain and motivate the best and brightest people in our industry. Our total rewards package goes beyond great earnings potential and provides the means to a healthy lifestyle with the flexibility to meet Toasters changing needs. Learn more about our benefits at estimated Total Targeted Cash compensation range for this role is listed below. Total Targeted Cash for this role includes base salary commission and bonus (if eligible). This role qualifies for uncapped commissions. The starting salary will be determined based on skills experience and geographic addition to cash compensation our total rewards components include benefits and equity (if eligible). You can learn more about how we align pay with local labor markets in our Geographic Pay Zone Philosophy.
Total Targeted Cash
$217000 - $347000 USD
About Company
Toast is a restaurant point of sale and management system that helps restaurants improve operations, increase sales and create a better guest experience.