Rackspace Technology

Vice President, Sales BFSI

Rackspace Technology$180K — $220K *
US-AnywhereRemote in United States
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree; MBA preferred
  • Minimum 10 years in sales leadership
  • Extensive IT/Technology sales experience
  • Background in selling IT solutions to enterprise accounts
  • Strong management and communication skills

Responsibilities

  • Develop and execute strategic sales initiatives
  • Lead and mentor a high-performing sales team
  • Build relationships with healthcare stakeholders
  • Oversee the sales process and monitor performance
  • Collaborate with cross-functional teams for aligned efforts
  • Stay informed on industry trends and competitor strategies
  • Provide sales reports and forecasts to management

Benefits

  • Opportunities for professional development and training
  • Supportive and inclusive team culture
  • Access to cutting-edge technology and solutions
  • Collaborative work environment with cross-functional teams
  • Focus on driving customer satisfaction and retention
Full Job Description
Job Summary:

The High-Performing Sales Leader is responsible for driving revenue growth and market share in the Private Cloud organization by leading a team of sales professionals. This individual will be tasked with developing and executing strategic sales initiatives, ensuring the team meets or exceeds sales targets, and fostering long-term client relationships. A successful candidate will possess a deep understanding of the technology services industry, demonstrate exceptional leadership skills, and drive results in a competitive market. This High-Performing Sales Leader - with strong experience in provider segment - is key for driving consistent performance in FY25 and beyond.

The Sales Leader provides strategic and operational direction to the organization's sales operations, sales support and/or professional services functions to maximize sales revenues and meet corporate objectives. Develops sales goals including sales volume, cost of sales, and product profitability. Ensures that sales goals and forecasts are consistent with the organization's long-range strategic objectives.

  • Sales Strategy Development:
  • Develop and implement a comprehensive sales strategy for expanding market share, targeting new business, and retaining key customers.
  • Align sales strategies with company goals, including revenue growth, profitability, and market expansion.
  • Analyze market trends, competitor activity, and customer needs to identify opportunities for growth.


  • Team Leadership and Development:
  • Lead, mentor, and motivate a high-performing sales team to achieve individual and collective sales targets.
  • Provide ongoing coaching, training, and performance feedback to develop the skills and capabilities of the sales team.
  • Create a positive and inclusive team culture focused on collaboration, accountability, and high performance.


  • Customer Relationship Management:
  • Build and maintain strong relationships with key healthcare stakeholders, including healthcare providers, technologist and executives.
  • Identify customer needs and work with internal teams to deliver customized hybrid, multi-cloud cloud solutions.
  • Drive customer satisfaction and retention through excellent service, problem-solving, and value-added support.


  • Sales Execution and Results:
  • Oversee the sales process, ensuring high conversion rates and optimized sales cycles.
  • Monitor sales KPIs, analyze performance data, and take corrective action as needed to ensure targets are met.
  • Develop and deliver sales presentations and proposals to prospective clients.


  • Collaboration with Cross-Functional Teams
  • Work closely with marketing, product development, and customer support teams to align sales efforts with overall company objectives.
  • Ensure timely and accurate communication between sales and other departments to facilitate smooth execution of customer orders and service need


  • Market and Competitive Intelligence
  • Stay current with industry trends, regulations, and emerging technologies that could impact healthcare sales, primarily healthcare provider segment.
  • Conduct regular competitive analysis and develop strategies to differentiate products/services in the marketplace and provide feedback to private cloud product teams


  • Reporting and Forecasting:
  • Provide regular sales reports and forecasts to senior management, ensuring visibility into performance and business growth.
  • Manage and track sales pipelines, leads, and opportunities, ensuring that all data is accurate and up-to-date


  • Player and Coach Mindset:
  • Ability to own and execute the entire pursuit process for large and critical deals
  • Provide mentoring and coaching on a continuous basis with a focus on building high performing sales organization.


  • Key Responsibilities:
  • Utilizes extensive knowledge of customer base, business climate, and Rackspace resources to develop and drive sales performance for the organization. Works with leaders to establish organizational goals and objectives and cascades goals through top level management down to front-line Rackers. Fosters an atmosphere of innovation and commitment. Reviews regular results assessments of sales staff productivity and reports to top executives. Oversees all relevant sales support and/or professional services activities to maximize sales revenues and meet corporate objectives. Coordinates company resources to ensure the efficient and effective use to drive maximum results. Provides leadership, direction and motivation to sales directors and managers.
  • Influences customers, sales unit, customer support, and customer education to establish effective programs. Ensures sales support staff receives training needed to be technically knowledgeable of company's products. Develops pricing strategies and sales campaigns with marketing executives. Collaborates with Marketing Executives to ensure alignment of organizations with strategic goals and objectives.


  • Education & Experience
  • Bachelor's degree from an accredited institution, MBA or graduate degree preferred.
  • A minimum of 10 years of demonstrated successful Sales Leadership experience required.
  • Extensive experience in IT/Technology sales in high-growth environments.
  • Previous sales experience selling IT solutions and services in enterprise accounts segment.
  • Excellent management skills with the ability to effectively direct the organization's global sales and field operations in order to maximize revenues and profits. In-depth knowledge of sales principles and practices. Excellent time management, communication, decision- making, human relations, presentation and organizational skills. Ability to identify elements of early success and duplicate on a massive scale. Commitment to the servant leadership culture and the ability to drive positive performance in the environment. Ability to drive change at all levels of the business.


About Rackspace Technology

Rackspace Technology is a leading end-to-end multicloud technology services company. We can design, build and operate our customers’ cloud environments across all major technology platforms, irrespective of technology stack or deployment model. We partner with our customers at every stage of their cloud journey, enabling them to modernize applications, build new products and adopt innovative technologies.
Learn more about Rackspace Technology
Size
6,000 employees
Market Cap
$563 million
Industry
Net Income
-$245.8 million
Founded
1998
5 Year Trend
+7.7%
Revenue
$2.7 billion
NASDAQ

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