Global Strategic Initiatives Executive at IFS North America, Inc. in Itasca, Illinois

Job Description:

IFS is a billion-dollar revenue company with 6000+ employees on all continents. Our leading AI technology is the backbone of our award-winning enterprise software solutions, enabling our customers to be their best when it really mattersat the Moment of Service. Our commitment to internal AI adoption has allowed us to stay at the forefront of technological advancements, ensuring our colleagues can unlock their creativity and productivity, and our solutions are always cutting-edge.

At IFS, were flexible, were innovative, and were focused not only on how we can engage with our customers but also on how we can make a real change and have a worldwide impact. We help solve some of societys greatest challenges, fostering a better future through our agility, collaboration, and trust.

We celebrate diversity and understand our responsibility to reflect the diverse world we work in. We are committed to promoting an inclusive workforce that fully represents the many different cultures, backgrounds, and viewpoints of our customers, our partners, and our communities. As a truly international company serving people from around the globe, we realize that our success is tantamount to the respect we have for those different points of view.

By joining our team, you will have the opportunity to be part of a global, diverse environment; you will be joining a winning team with a commitment to sustainability; and a company where we get things done so that you can make a positive impact on the world.

Were looking for innovative and original thinkers to work in an environment where you can #MakeYourMoment so that we can help others make theirs. With the power of our AI-driven solutions, we empower our team to change the status quo and make a real difference.

If you want to change the status quo, well help you make your moment. Join Team Purple. Join IFS.

GSI executives lead or support an Account Team during the various stages of the Deal Cycle.  The individual will participate in various portions of the following phases:  Strategy, Deal Structuring, Negotiations, and Closure.

Strategy: 

 Work with the Account Teams on key strategic deals. 

  Lead or support the execution of the deal setting objectives and analyzing key  corporate data (such as Corporate reports, Board Members, and eco-system). 

 Formulate, set, and manage strategy with the account team to accelerate the sales cycle

 Confirm key decision-makers and their decision-making process

  Identify key levers to create compelling events to drive closure

  Advise and discuss competitive positioning

Deal Structuring:

 Understand the business objectives and will lead or support the account team to create a deal structure that maximizes the opportunity's value and achieves IFSs business objectives. 

  Prepares the Bill of Materials, Cash Flows, and other documents supporting the optimal structure. 

  Coordinate the various internal IFS stakeholders (e.g., Revenue Recognition, Pricing, Legal) to gather data and obtain approvals for the deal structures.   

  Advise and construct optimal commercial structure addressing competition and customer requests while preserving revenue recognition and IFS value

 Create existing landscape overview

  Lead or support the presentation of the proposal to the customer

  Develop a strategy for pricing and discount structure to maximize value

  Analyze and confirm the scope of the Bill of Materials

  Formulate competitive financial models (e.g. cash flow, NPV, deal comparisons, etc.) to use as comparative tools to grow opportunity

Negotiations: 

  Experience in coordinating internal stakeholders to support the account teams during ongoing customer negotiations, including commercial aspects of the deal structure.

 Understands issues pertaining to Revenue Recognition, Pricing, Commercial, and Legal, in order to secure optimal results and deal execution.

 Lead or support negotiations of terms and conditions of the Software License and Services Agreement

  Finalize internal proposal approval

  Facilitate the release of proposals/contracts

  Define joint close plan

  Coordinate various IFS Teams (e.g. RevRec, Contracts, Pricing, Finance) for deal involvement and input/evaluation

  3rd party negotiators experience

Closure: 

    Able to lead or support the final closure of contractual/legal issues for the deal.

    Finalize terms and conditions with the customer

    Deliver executable contracts

    Ensure customer commitment and signature

    Receive and review signed contracts

    Ensure internal contractual closure and booking process

Overall required competence: 

       Collaborative

       Strong Business acumen

       Excellent presentation skills

       Strategic mindset

       Team Player

       Strong negotiation and influencing skills

       Ability to lead and juggle multiple engagements at the same time

       Hard worker and flexible in working time (to support different time zone when required)

       Ability to Support & analyze comprehensive amounts of information (e.g. on existing  contracts, previous purchases, customer history)

       Prepare supporting documentation for competitive financial models (e.g., cash flow, NPV, deal comparisons, etc.) to use as comparative tools to grow opportunity

       Coordinate various IFS Teams (e.g. Rev Rec, Contracts, Pricing, Finance) deal involvement and input/evaluation

       Support commercial structure addressing competition and customer requests while preserving revenue recognition and  IFS value

       Support strategy for pricing and discount structure to maximize value

At IFS you will work in a growing, global enterprise software company where informal hierarchies promote simplicity and trust with responsibility. We strive to deepen our expertise by taking on challenging and varying work assignments in a collaborative environment together with committed colleagues.

With professionalism and a strong customer focus in everything we do, from R&D to Sales and Consultancy, we are proud to serve world-class customers all over the globe with our leading products.

If you want to change the status quo, we'll help you make your moment. Join Team Purple. Join IFS.

What Were Offering

• Salary Range:  $170,000 to $200,000 plus up to 100% bonus potential
• Flexible paid time off, including sick and holiday
•  Medical, dental, & vision insurance
•  401K with Company contribution
•  Flexible spending accounts
•  Life insurance and disability benefits
•  Tuition assistance
•  Community involvement and volunteering events

M/F/Disabled/Vet VEVRAA Federal Contractor.  We are a Drug-Free Workplace. Interested candidates should apply at: www.ifs.com/about/careers-at-ifs

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran. VEVRAA Federal Contractor, Equal Opportunity Employer

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran. VEVRAA Federal Contractor, Equal Opportunity Employer

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