Full-Time

Senior Account Manager

Confirmed live in the last 24 hours

Relay Financial

Relay Financial

201-500 employees

Online banking platform for small businesses

Fintech
Financial Services

Senior

Toronto, ON, Canada

Hybrid work environment: in-office presence required twice a week in Toronto.

Category
Strategic Account Management
Sales & Account Management
Required Skills
Salesforce
Requirements
  • 4+ years of account management experience, ideally industry-related and working directly with accountants and bookkeepers
  • Consultative and strategic account-based approach
  • Proficient with CRM software and other sales-related tools (e.g. Salesforce, Groove, ZoomInfo, etc.)
  • Strong interpersonal skills, a growth mindset, and the ability to adapt to constant change
  • Bonus: Prior experience in fintech, accounting software or a neobank
  • Bonus: Worked with SMBs in North America
  • Bonus: Proficient in Spanish
Responsibilities
  • Manage a high volume of strategic Accountant & Bookkeeping (AB) partner accounts, ensuring robust account growth through client referrals to Relay
  • Become an expert in our product and industry to advise business owners and their accountants and bookkeepers in a high-trust manner while aligning their goals/objectives with our product capabilities
  • Identify growth opportunities within existing accounts and proactively engage partners to increase product adoption and satisfaction
  • Sell on value vs. technical functionality
  • Expand relationships with an existing account portfolio to drive referrals
  • Go above and beyond just delivering your quota and strategize with team members to innovate and improve the overall account management processes and playbooks
  • Collaborate with cross-functional teams including Customer Success, Marketing, Revenue Operations and Sales Enablement

Relay Financial offers an online banking platform tailored for small businesses, consolidating various financial transactions like ACH transfers and payouts from services such as PayPal and Stripe into one easy-to-use interface. By partnering with Thread Bank, Relay Financial ensures secure deposits with FDIC insurance coverage up to $3,000,000 and provides competitive annual percentage yields (APYs). The platform operates on a subscription model, offering features like income tracking and automated bookkeeping, which simplifies financial management for business owners. The goal is to help small businesses optimize their financial operations and focus on growth.

Company Stage

Series B

Total Funding

$50.2M

Headquarters

Toronto, Canada

Founded

2018

Growth & Insights
Headcount

6 month growth

32%

1 year growth

64%

2 year growth

153%
Simplify Jobs

Simplify's Take

What believers are saying

  • Securing $44M CAD in Series B funding positions RelayFi for significant growth and product development, enhancing its market presence.
  • RelayFi's platform has shown impressive revenue growth, tripling in 2022 and nearly sextupling in 2023, indicating strong market demand and adoption.
  • The development of AI-powered predictive cash flow analytics could provide small businesses with advanced financial insights, further solidifying RelayFi's value proposition.

What critics are saying

  • The competitive landscape in FinTech is intense, with numerous startups and established players vying for market share, which could impact RelayFi's growth.
  • Reliance on partnerships, such as with Thread Bank, introduces dependency risks that could affect service continuity and customer trust.

What makes Relay Financial unique

  • RelayFi consolidates various financial transactions into one interface, offering a comprehensive view of cash flow, unlike traditional banks that often require multiple platforms.
  • Partnership with Thread Bank ensures FDIC insurance coverage up to $3,000,000, providing a higher level of security compared to many competitors.
  • RelayFi's focus on small businesses with features like automated bookkeeping and expense management sets it apart from general-purpose banking solutions.

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