Full-Time

Vice President

GM of Payments Product

Confirmed live in the last 24 hours

Billd

Billd

51-200 employees

Financing service for construction subcontractors

Fintech
Financial Services

Expert

Austin, TX, USA

Hybrid work model allows employees to work from home one day per week.

Category
Financial Planning and Analysis (FP&A)
Risk Management
Finance & Banking
Required Skills
Product Management
Requirements
  • 10+ years in financial services, construction, payments, product management, or related industries.
  • Proven success in launching or scaling new business lines or products.
  • Strong understanding of general contractor operations, accounting, and payment systems.
  • Bachelor’s degree in Business, Finance, or related field; MBA highly preferred.
  • Founder Mentality: Entrepreneurial, ambitious, and passionate about building from scratch.
  • Strategic Visionary: Ability to see the big picture and execute detailed plans.
  • Collaborative Leader: Strong team-building and cross-functional leadership skills.
  • Customer-Centric: Adept at understanding and meeting the needs of contractors and subcontractors.
Responsibilities
  • Develop the vision, business model, and go-to-market strategy for the GC Payments.
  • Build the business from the ground up, leveraging Billd’s existing infrastructure.
  • Work closely with general contractors to understand their needs and drive product adoption.
  • Own the P&L for the GC Payments Product and ensure sustainable profitability.
  • Oversee ERP and payment system integrations to streamline processes and enhance customer experience.

Billd provides a financing service specifically designed for subcontractors in the construction industry. This service helps subcontractors manage their cash flow by offering them upfront funds, allowing them to pay for materials and labor without waiting for payments from general contractors or project owners. The process for obtaining financing is quick and straightforward, with subcontractors able to enroll in less than three minutes and work with a Billd representative to strategize their business solutions. Unlike many competitors, Billd emphasizes security in its transactions, ensuring a safe and clear financing process. The company's goal is to improve cash flow for subcontractors, enabling them to take on new projects and meet immediate expenses, while also maintaining high client satisfaction.

Company Stage

Late Stage VC

Total Funding

$104.6M

Headquarters

Austin, Texas

Founded

2018

Growth & Insights
Headcount

6 month growth

0%

1 year growth

-1%

2 year growth

14%
Simplify Jobs

Simplify's Take

What believers are saying

  • Partnership with American Express enhances service offerings and customer satisfaction.
  • Recent $17.5M funding round supports growth and product expansion.
  • Collaboration with BigRentz expands market reach by offering tailored financing options.

What critics are saying

  • Increased competition from digital payment platforms may threaten Billd's market share.
  • Reliance on outdated payment methods in the industry may slow digital solution adoption.
  • High days sales outstanding in construction could lead to cash flow challenges for Billd.

What makes Billd unique

  • Billd offers project-based financing tailored for construction subcontractors, addressing cash flow challenges.
  • The company has a patented project-based credit evaluation method, enhancing credit risk assessment.
  • Billd's quick enrollment process and secure transactions provide a seamless user experience.

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Benefits

Hybrid Work Options