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VP, Global Renewals
Okta San Francisco, CA
$248k-321k (estimate)
Full Time | Software & Cloud Computing 4 Weeks Ago
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Okta is Hiring a VP, Global Renewals Near San Francisco, CA

Get to know Okta

Okta is The World's Identity Company. We free everyone to safely use any technology-anywhere, on any device or app. Our Workforce and Customer Identity Clouds enable secure yet flexible access, authentication, and automation that transforms how people move through the digital world, putting Identity at the heart of business security and growth.
At Okta, we celebrate a variety of perspectives and experiences. We are not looking for someone who checks every single box - we're looking for lifelong learners and people who can make us better with their unique experiences.
Join our team! We're building a world where Identity belongs to you.

Job Summary:

We are seeking a highly motivated and experienced Global Renewal Sales Leader to join our team. This role is responsible for driving the renewal sales strategy across the company's global markets, ensuring customer satisfaction, and maximizing revenue opportunities through the renewal of existing contracts. The Global Renewal Sales Leader will be responsible for delivering $1.1B in annual renewals in FY25, closing $2.4B in total contract value, and building and leading a team of 80 highly skilled professionals working in the United States, Europe, and Asia/Pacific/Japan The leader will be a key member of the Okta Customer First leadership team working closely with other leaders in Customer First, Sales, Operations, and Engineering.

Key Responsibilities:

  • Develop and implement a comprehensive global renewal sales strategy that aligns with the company's overall objectives and strategy delivering $1.1B in renewal ARR and $2.4B in total contract value.
  • Develop the global renewal strategy and lead the development of regional plans to include a multiple-channel go-to-market strategy that includes: direct customer engagement, partners, outsourcers, and digital.
  • Lead and manage a global team of 80 renewal sales professionals, setting clear goals and performance metrics.
  • Develop a culture of transparency, innovation, integrity, and empowerment.
  • Collaborate with sales, operations, engineering, support, professional services, customer success, and account management teams to identify renewal opportunities and develop related strategies.
  • Ensure the highest standards of compliance and security are upheld across all services.
  • Establish and maintain strong relationships with key customers and stakeholders to ensure high renewal rates.
  • Develop and aggressively implement strategies and change to reflect industry/market trends, best practices, and technological advancements to keep the company at the forefront of SaaS renewal sales.
  • Provide regular reports and forecasts on renewal sales performance to senior management.
  • Work closely with the marketing team to create effective renewal campaigns and collateral.
  • Ensure the team is equipped with the necessary training and resources to achieve their goals.
  • Negotiate contract terms and conditions with clients as needed.
  • Implement best practices and continuous improvement initiatives in the renewal sales process.

Qualifications:

  • Bachelor's degree in Business Administration, Sales, Marketing, or a related field. An MBA is a plus but not required.
  • Minimum of 10 years of experience in sales, with a focus on renewal sales or account management.
  • Proven track record of leading and scaling renewal sales teams in a global context.
  • Excellent communication, negotiation, and interpersonal skills.
  • Strong analytical and strategic thinking abilities.
  • Ability to work in a fast-paced and dynamic environment.
  • Proficient in Salesforce.com, Google, and Microsoft Office Suite.
  • Willingness to travel globally and frequently.

What We Offer:

  • Competitive salary and performance-based bonuses.
  • Opportunity to work in a dynamic, innovative, and global environment.
  • Comprehensive benefits package including health, dental, and vision insurance.
  • Career development and continuous learning opportunities.
  • Inclusive and diverse company culture.

How to Apply:

Interested candidates should submit their resume along with a cover letter explaining their interest and qualifications for the role.

Application Deadline: April 1, 2024

Okta's Top 5 Core Leadership Competencies are part of the deeply ingrained principles that guide all of our company's actions. They also align strongly with our cultural cornerstones, our Okta values: love our customers, empower our people, never stop innovating, act with integrity, and maintain transparency. It's our expectation that our managers and leaders embody these core competencies:
  • Builds Effective Teams: Building strong-identity teams that apply their diverse skills and perspectives to achieve common goals.
  • Demonstrates Self-Awareness (EQ): Using a combination of feedback and reflection to gain productive insight into personal strengths and weaknesses.
  • Develops Talent: Developing people to meet both their career goals and the organization's goals.
  • Drives Results: Consistently achieving results, even under tough circumstances.
  • Strategic Mindset: Seeing ahead to future possibilities and translating them into breakthrough strategies.

#Ll-GM

Below is the annual On Target Compensation (OTE) range for candidates located in California, Colorado, New York and Washington. Your actual OTE, which is inclusive of base salary and incentive compensation, will depend on factors such as your skills, qualifications, experience, and work location. In addition, Okta offers equity (where applicable) and benefits, including health, dental and vision insurance, 401(k), flexible spending account, and paid leave (including PTO and parental leave) in accordance with our applicable plans and policies. To learn more about our Total Rewards program please visit: .

The annual OTE range for this position for candidates located in California, Colorado, New York, and Washington is between:
$314$410 USD
The OTE range for this position for candidates located in the San Francisco Bay area is between:
$352$500 USD

What you can look forward to as an Okta employee!

  • Amazing
  • Making
  • Fostering

Okta cultivates a dynamic work environment, providing the best tools, technology and benefits to empower our employees to work productively in a setting that best and uniquely suits their needs. Each organization is unique in the degree of flexibility and mobility in which they work so that all employees are enabled to be their most creative and successful versions of themselves, regardless of where they live. Find your place at Okta.

Okta is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, ancestry, marital status, age, physical or mental disability, or status as a protected veteran. We also consider for employment qualified applicants with arrest and convictions records, consistent with applicable laws. If reasonable accommodation is needed to participate in the job application or interview process, please use this to request an accommodation.

Okta is committed to complying with applicable data privacy and security laws and regulations. For more information, please see our Privacy Policy at .

Job Summary

JOB TYPE

Full Time

INDUSTRY

Software & Cloud Computing

SALARY

$248k-321k (estimate)

POST DATE

03/29/2024

EXPIRATION DATE

04/17/2024

WEBSITE

okta.com

HEADQUARTERS

SAN FRANCISCO, CA

SIZE

1,000 - 3,000

FOUNDED

2009

CEO

TODD MCKINNON

REVENUE

$500M - $1B

INDUSTRY

Software & Cloud Computing

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About Okta

Okta is the leading independent identity provider. The Okta Identity Cloud enables organizations to securely connect the right people to the right technologies at the right time. With more than 7,000 pre-built integrations to applications and infrastructure providers, Okta provides simple and secure access to people and organizations everywhere, giving them the confidence to reach their full potential. More than 10,000 organizations, including JetBlue, Nordstrom, Siemens, Slack, T-Mobile, Takeda, Teach for America, and Twilio, trust Okta to help protect the identities of their workforces and c...ustomers. More
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