Vice President (VP), Account Management Salary
A Vice President (VP), Account Management earns an average salary of $138,570 per year. A skill in Strategic Sales is associated with high pay for this job. Most people in this job have more than five years' experience in related jobs.
|Salary||$91,921 - $177,811|
|Bonus||$4,000 - $63,205|
|Profit Sharing||$3,041 - $69,043|
|Total Pay (||$98,852 - $227,340|
Job Description for Vice President (VP), Account Management
Vice presidents (VP), account management are responsible for managing all information related to company accounts. These professionals are in charge of providing excellent leadership abilities to motivate a group of account professionals to increase their productivity levels in their departments.Read More...
These individuals have strong analytical and problem-solving abilities to provide resolutions to account issues and maintain profitability. They possess strong interpersonal skills to interact with clients and build rapports to keep professional business relationships. Some of their main functions include providing specific advice and sales-related information to the account management team. These individuals act as mentors during account related meetings. These vice presidents manage sales records, deliver forecasts, and adhere to strict deadlines. They conduct presentations on how to improve their performance and what goals need to be completed. They share information with sales and marketing teams in their company. They report their progress to the chief executive officer in their organization. These vice presidents develop effective account management strategies to increase their clients and keep existing accounts. They are proficient with business methodologies and values, and they are able to influence other staff members to reach excellent business levels. They are independent and can work on their own with minimal supervision. However, they do review and create reports that will be reviewed by the executive officer on a regular basis. They cultivate relationships and negotiate with vendors using their strong networking abilities.
A bachelor's degree in business management, finance, or a related field is necessary for this job. In addition, previous years of experience in a management position can be helpful. Leadership and management skills are a plus. (Copyright 2017 PayScale.com)
Vice President (VP), Account Management Tasks
- Build, develop, and maintain relations with clients personally and by establishing communication protocols.
- Work with other teams to set prices and develop brand image.
- Supervise marketing and communications to reach new and established clients.
- Create and disseminate the vision of products and services internally and externally, and monitor performance metrics.
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Pay by Experience Level for Vice President (VP), Account Management
Pay by Experience for a Vice President (VP), Account Management has a positive trend. An entry-level Vice President (VP), Account Management with less than 5 years of experience can expect to earn an average total compensation of $87,000 based on 8 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Vice President (VP), Account Management with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $131,000 based on 33 salaries. An experienced Vice President (VP), Account Management which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $160,000 based on 89 salaries. A Vice President (VP), Account Management with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $164,000 based on 48 salaries.
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