Full-Time

Treasury Manager-Product Enablement & Payment Rails

Posted on 11/15/2024

Bill.com

Bill.com

1,001-5,000 employees

Financial platform for managing business operations

Fintech
Financial Services

Compensation Overview

$114.4k - $142.5kAnnually

Senior

San Jose, CA, USA + 1 more

More locations: Draper, UT, USA

Office presence required in San Jose, CA or Draper, UT.

Category
Treasury
Finance & Banking
Required Skills
Product Management
PowerPoint/Keynote/Slides
Requirements
  • Minimum 8+ years work experience and demonstrated success in designing, developing and implementing customer payment services at a FinTech company in a Treasury function.
  • FinTech/Financial Services experience working with Product required.
  • Experience partnering with Engineering, Finance, Legal, Payment Operations and external banking partners/payment acquirer/processors.
  • Excellent work ethic, attention to detail and ability to work independently and lead projects.
  • Strong critical thinking, organizational, communication and time management skills.
  • Ability to think tactically and understand the impact of individual processes on the big picture.
  • Comfortable working in a high-growth and dynamic environment.
  • Strong Excel and PowerPoint presentation skills to synthesize and prepare concise flash decks for leadership and present to Finance and broader committees.
  • Bachelor’s degree in business administration, finance, economics, banking or accounting, CIA and CISA certification preferred.
Responsibilities
  • Develop a deep understanding of BILL’s payment products, payment partners, features and benefits, and product development roadmap.
  • Liaise with Treasury Operations to cascade product information for downstream impact assessment and advocate for other finance teams’ engagement.
  • Responsible for intake and management of multiple product/go-to-market enablement initiatives across multiple revenue streams and liaise with Treasury Operations to communicate and gather the requirements for seamless product enablement.
  • Design and determine the best operational measurements for key initiatives post-launch.
  • Backup to the Treasury Operations team to run daily, monthly and quarterly operations.
  • Support, create and implement a money movement internal controls matrix, policies and standard operating procedures in partnership with Product Management and Engineering teams.
  • Conduct deep dive reviews to identify process gaps and risks.
  • Develop tactical action plans to establish, prioritize, and measure short/long-term milestones to implement risk controls improvements to close any gaps - internal and external solutions.
  • Participate in the development of a robust product enablement strategic roadmap to support BILL’s growth.
  • Ensure the effective and efficient design of operations and financial controls over money movement processes, including a business continuity plan for proper controls and standards.
  • Benchmark controls with other fintech companies to establish a world-class payments landscape.
  • Manage and review FBO customer cash balance reports and implement treasury requirements to enhance financial insights.
  • Implement cadence for quarterly relationship meetings with banks and payment partners.
  • Lead regular banking and payment partner meetings to monitor progress on product rollouts and anticipated regulatory developments.

Bill.com provides a platform for businesses to manage their financial operations, including bill creation and payment, invoicing, expense management, and budget control. The platform automates tasks related to accounts payable and receivable, making financial processes more efficient and transparent. Unlike many competitors, Bill.com also offers access to credit lines, ranging from $500 to $5 million, along with its software services. The goal of Bill.com is to streamline financial management for small to medium-sized businesses and accounting firms, helping them gain better control and visibility over their finances.

Company Stage

IPO

Total Funding

$337.6M

Headquarters

Palo Alto, California

Founded

2006

Growth & Insights
Headcount

6 month growth

2%

1 year growth

3%

2 year growth

6%
Simplify Jobs

Simplify's Take

What believers are saying

  • Bill.com's recent partnership with Regions Bank to power their digital payments solution highlights the company's growing influence and potential for further strategic collaborations.
  • The platform's ability to attract 10,000 new SMBs in the past year demonstrates strong market demand and growth potential.
  • Despite recent stock performance, Bill.com has shown consistent revenue growth, indicating a resilient business model and promising long-term prospects.

What critics are saying

  • The competitive fintech landscape, with players like Stripe and Plaid, poses a constant threat to Bill.com's market share.
  • The company's stock has seen significant declines, which could impact investor confidence and employee morale.

What makes Bill.com unique

  • Bill.com offers a comprehensive financial operations platform that integrates accounts payable, accounts receivable, expense management, and credit access, unlike competitors who may focus on only one or two of these areas.
  • The company's partnership with Cross River Bank to provide credit lines and corporate cards adds a unique value proposition that is not commonly found in other financial technology platforms.
  • Bill.com's automation capabilities for financial tasks provide significant efficiency gains, setting it apart from traditional manual processes and less automated competitors.

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Benefits

100% paid employee health, dental, and vision insurance - choose between HMO, PPO, and HDHP plans

HSA & FSA accounts

Life Insurance, Long & Short-term disability coverage

Pre-tax commuter benefits

Employee Assistance Program (EAP)

11+ Observed holidays and wellness days

Wellness & Fitness initiatives

Flexible time off

100% paid employee health, dental, and vision insurance - choose between HMO, PPO, and HDHP plans

HSA & FSA accounts

Life Insurance, Long & Short-term disability coverage

Pre-tax commuter benefits

Employee Assistance Program (EAP)

11+ Observed holidays and wellness days

Wellness & Fitness initiatives

Flexible time off