What is an account manager and what is their role?
The job of account manager is directly linked to companies' investment strategies. The role of the account manager is to invest and make attractive investments for a company based on the expectations and needs of its customers. They act as the link between the customer and the institution, assuming the role of sales manager.
In many cases, the account manager will be dedicated to a specific investment area. This job is also called "account manager" or "key account manager" in some groups. In English, you will also hear the term key account manager used. The role of this sales professional is multifaceted:
- Interface between the customer and the company: the account manager plays a crucial role in communication between the two companies and facilitates the exchange of information.
- Strategy and development: they analyse the market in detail and draw up sales strategies, with the aim of increasing the customer portfolio.
- Management and follow-up: account managers monitor the performance of the various projects they oversee, ensuring customer satisfaction and resolving problems quickly internally.
Committed to customer service and business, account managers contribute to the company's success while keeping their customers' satisfaction in mind.
What does an account manager do?
There is no such thing as a typical day for an account manager, as their tasks are extremely varied. They must be flexible enough to meet the requirements of the customers in their portfolio.
His or her tasks involve :
- customer relationship management
- monitoring customer projects
- business development
- responding to calls for tender;
- maintaining service and resolving problems encountered by customers in the field.
This position of responsibility requires employees to develop their financial, analytical and strategic skills, as well as their interpersonal skills, since they are regularly called upon by their customer contacts.
At the start of a new project, he or she establishes an initial contact and is then responsible for maintaining these all-important professional relationships. To do this, they need to understand customers' needs and anticipate their expectations.
During the course of the project, he is the linchpin who helps coordinate the internal and external teams. They must ensure that deadlines are met and guarantee the quality of deliverables, whether products or services.
The account manager is also a watchdog who must be able to identify opportunities, propose innovative solutions, negotiate the terms of a contract and increase sales.
This professional salesperson must also manage customer complaints and find rapid solutions in order to maintain customer satisfaction and preserve the company's reputation.