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Senior Renewal Account Analyst

Job description

Key Responsibilities:

  • Renewal Management

· Own the renewal cycle from initiation to completion, ensuring timely and accurate processing of all contract renewals.

· Coordinate with customers/partners and internal teams to gather necessary information and approvals prior to contract expiration dates.

· Maintain up-to-date information in Salesforce to track contract status and renewal progress.

· Document all interactions, negotiations, and outcomes in accordance with company policies and procedures.

  • Up-sell & Cross-sell Opportunities

· Independently or Collaborate with the Sales to identify opportunities for additional products and services.

· Present recommendations to customers on potential upgrades, add-ons, or related services to drive incremental revenue.

· Evaluate annual rate increase (CPI) by analysing market conditions and company profitability goals.

· Develop strategies to communicate and justify any price adjustments to customers.

  • Customer Success and Growth Strategy

· Review historical pricing, usage, and performance data to accurately determine current profitability and forecast future margins.

· Identify trends, potential risks, and opportunities to optimize the renewal cycle and improve overall revenue retention.

· Develop a deep understanding of customer needs and align them with product capabilities and value propositions.

· Act as a customer advocate, providing insights to product and engineering teams for feature enhancements.

  • Cross-functional Collaboration

· Partner with Finance to ensure invoices and contract terms align with forecasts and revenue targets.

· Work closely with Legal and Compliance teams to ensure all contractual documents adhere to company policies and relevant regulations.

  • Customer Relationship Management

· Build and maintain strong relationships with customers, acting as a trusted advisor for their ongoing needs.

· Resolve any renewal-related customer concerns, proactively escalating issues when necessary.

· Develop scalable customer engagement models to accelerate adoption and satisfaction.

  • Process Improvement

· Continuously refine and improve renewal processes, templates, and workflows to enhance efficiency and customer satisfaction.

· Track and report key performance metrics (Advance quote preparation, On-time renewal rate, churn rate, up-sell/cross-sell revenue)

What We’re Looking For:

· 8-12 years of experience in B2B SaaS customer success & account management.

· Proven track record of driving customer retention, adoption, and expansion.

· Ability to engage senior executives, lead strategic business reviews, and influence key decision-makers.

· Experience with Salesforce CPQ, Oracle Fusion, SAP.

· Strong executive communication, negotiation, and presentation skills.

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Company information

Company
Talent Worx
Location
India
India
Posted
1 year ago

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