Full-Time

VP of People Operations

Posted on 8/30/2024

Billd

Billd

51-200 employees

Financing service for construction subcontractors

Fintech
Financial Services

Senior

Austin, TX, USA

Category
Human Resources
People & HR
Requirements
  • 7+ years of people operations experience working in high-growth, fast-paced companies
  • Extensive experience in HR compliance and legal considerations
  • Proven ability and experience with implementing a performance management plan and feedback
  • Deep understanding of how to develop leaders and managers
  • Experience in leading People Operations or Human Resources team
  • Experience in recruiting in the Austin, TX market preferred
  • Experience developing and managing effective incentive compensation, benefits, reward, and recognition programs
  • Experience in using Culture Index preferred
  • Ability to think strategically but also focus on tactical and operational issues
  • Bachelors or Masters in Business, Organizational Development or Human Resources preferred
Responsibilities
  • Ensure we have the very best people in all positions
  • Ensure employees are equipped with the necessary resources to be successful in their roles and opportunities for learning and development
  • Build and maintain strong relationships with employees and leadership, serving as an advocate for success and well-being
  • Lead all Human Resources functions for the business including onboarding, training, performance management, engagement, employer branding, retention, and compensation
  • Provide expert guidance on people-related issues and policies across all functional areas, ensuring alignment with the company’s goals and compliance with legal standards
  • Lead the People Operations department including managing internal team, external resources, departmental budget, and HR systems
  • Oversee Billd’s performance management program, ensuring that individual performance aligns with company objectives
  • Manage the hiring, termination and promotion processes
  • Develop, nurture, and steer a positive and high performance company culture that aligns with Billd’s values and promotes employee engagement
  • Manage the company HR systems (Bamboo), employee handbook, and company benefits, ensuring all HR records are accurate, complete, and secure
  • Plan and manage company events by acting as chair for Billd’s culture committee
  • Lead Director and above leadership and management training
  • Lead employee development initiatives including employee training, career development plans, and career pathing
  • Lead diversity initiatives and support ERG groups
  • Collaborate with Finance and the Executive Team to develop company hiring plans and talent acquisition forecasts
  • Support recruiting activities including leading regular hiring manager trainings
  • Support leadership in cascading communication to employees on company mission, values, key objectives, strategy, opportunities, and KPIs

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 focuses on the unique financial challenges faced by subcontractors, ensuring a secure 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.

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

INACTIVE