Posted 11 days ago
Renewals Specialist
AI Summary
Manages Splunk Term and Cloud license renewals in Japan, working with Sales and Success teams to maximize retention, minimize churn, and drive growth through on-time renewals and upsell.
About this role
The Renewal Sales Representative (Renewal Manager) is responsible for managing & selling Term and Cloud license renewals of Splunk's industry-leading software, working in close cooperation with Sales and Success Management teams to maximize retention, minimize churn risk, and drive growth on the Renewal event.
The ideal candidate will have a consistent track record of success renewing Term and/or Cloud Licenses/ Software Subscriptions, with growth, and in building beneficial, positive relationships with customers, the broader account management team, and channel partners.
The successful candidate will Strategically engage with customers and/or partners to align their goals with Splunk solutions. Manage and ensure account retention through adoption and driving on-time renewal. Own, drive and manage the renewal process identifying customer requirements, uncovering roadblocks, expertly probing for upsell and expansion opportunity, and demonstrating strong account management capabilities. Working with partners and customers to negotiate the renewal including pricing and service-term.
This position carries a sales quota. The position can be based in our Tokyo offices as part of our Japan Renewals team.
Responsibilities:
• Working as part of the Japan Renewal Sales team, manage a sales territory carrying an individual quota in contract renewal and growth.
• Meet/exceed assigned revenue goals and on-time renewal rate targets
• Working several quarters ahead of renewal dates to ensure customer ‘Renewal Readiness’, engaging with the broader account team, partners and customer health data to identify renewal risk, and partner on remedial actions aimed at securing an on-time renewal, with growth potential.
• Identify expansion opportunities to generate additional revenue (upsell/cross-sell), driving those opportunities to closure and/or ensuring that the appropriate account management resources are engaged to maximize the opportunity
• Prepare and provide customers renewal quotes within 90 days of support expiration
• Maintain accurate account, license, service contract, asset and maintenance entitlement records within salesforce.com
• Manage renewals from opportunity to invoice, understanding pricing and contractual obligations
• Prepare weekly forecasts of renewal bookings and renewal rates within a tight band of accuracy
• Pro-actively identifying issues that may impact a renewal, and engaging all available resources to resolve
• Assist Sales and Finance teams with customer and account research & customer audits for renewal
• Resolve order issues with Customer Service and Order Management
• Track non-renewal, pending, and lost renewals including reasons for cancellation
• Support evolving operational processes aimed at improving renewal efficiency, effectiveness, accuracy and insight generated from renewals performance.
Skills/Knowledge/Capabilities:
• Speak Japanese and English
• Bachelor’s degree or equivalent work experience in technical sales/renewals
• Strong attention to detail
• Logical and analytical thinker
• Highly motivated and professional, with excellent communication and interpersonal skills
• Demonstrated negotiation skills
• Ability to multi-task and track multiple issues
• Excellent customer service skills with an orientation towards helping customers
• Strong desire and willingness to learn
Splunk is an Equal Opportunity Employer: At Splunk, we believe creating a culture of belonging isn’t just the right thing to do; it’s also the smart thing. We prioritize diversity, equity, inclusion, and belonging to ensure our employees are supported to bring their best, most authentic selves to work where they can thrive. Qualified applicants receive consideration for employment without regard to race, religion, color, national origin, ancestry, sex, gender, gender identity, gender expression, sexual orientation, marital status, age, physical or mental disability or medical condition, genetic information, veteran status, or any other consideration made unlawful by federal, state, or local laws. We consider qualified applicants with criminal histories, consistent with legal requirements.
Why Cisco?
At Cisco, we’re revolutionizing how data and infrastructure connect and protect organizations in the AI era – and beyond. We’ve been innovating fearlessly for 40 years to create solutions that power how humans and technology work together across the physical and digital worlds. These solutions provide customers with unparalleled security, visibility, and insights across the entire digital footprint.
Fueled by the depth and breadth of our technology, we experiment and create meaningful solutions. Add to that our worldwide network of doers and experts, and you’ll see that the opportunities to grow and build are limitless. We work as a team, collaborating with empathy to make really big things happen on a global scale. Because our solutions are everywhere, our impact is everywhere.
We are Cisco, and our power starts with you.
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