Full-Time

VP of Finance

Confirmed live in the last 24 hours

Perpay

Perpay

51-200 employees

Facilitates interest-free paycheck deduction payments

Fintech
Financial Services

Senior, Expert

Philadelphia, PA, USA

This is not a remote opportunity; it is 100% onsite.

Category
Corporate Finance
Finance & Banking
Required Skills
Data Science
Financial analysis
Data Analysis
Requirements
  • Bachelor’s degree in Finance, Accounting, Economics, or a related field; MBA or advanced degree required
  • 8+ years of progressive experience in finance, with significant experience in capital markets, financial analysis, and strategic planning
  • Demonstrated success in leadership roles within high-growth, fintech, or technology-driven companies
  • Strong knowledge of financial markets, fundraising processes, and investor relations
  • Excellent analytical skills, with the ability to translate complex financial data into actionable insights
  • Exceptional communication and presentation skills, with the ability to influence stakeholders at all levels. Effectively communicate financial-related information through data visualization tools and reports
  • Proven ability to lead, mentor, and develop high-performing teams. Demonstrated project management capabilities and ability to thrive in a fast-paced, entrepreneurial environment
  • Strong understanding of financial regulations and compliance requirements
Responsibilities
  • Develop and execute financial strategies to support Perpay's growth objectives. Partner with the executive team to formulate and execute long-term financial plans
  • Lead efforts in capital markets to secure funding and manage investor relations. Develop and maintain relationships with investors, analysts, and financial institutions
  • Oversee comprehensive financial analysis and provide insights and recommendations to support strategic decision-making. Translate complex financial data into actionable strategic insights and recommendations
  • Optimize financial processes and systems to improve efficiency and accuracy in financial operations. Implement best practices in financial management and reporting. Design and oversee testing, evaluate results, and recommend updates to financial policies based on findings
  • Lead and develop a high-performing finance team. Foster a culture of excellence, continuous improvement, and accountability. Lead and mentor a team of analysts, collaborating with Data, Marketing, Operations, Compliance & Legal, and other departments to achieve initiatives
  • Work closely with other departments, including Data Science, Data Engineering, and Analytics, to support cross-functional initiatives and drive business performance

Perpay helps consumers make shopping more accessible and affordable by allowing them to purchase products through interest-free payments that are deducted directly from their paychecks. Users start by answering a few questions to determine their spending limit, which can range from $500 to $2,500. Once approved, they can shop immediately, and payments are automatically taken from their paychecks over a series of installments, typically eight. This model is especially beneficial for those who may not have access to traditional credit or want to avoid high-interest rates. Perpay stands out from its competitors by focusing on interest-free payments and simplifying the repayment process through paycheck deductions. The company's goal is to provide a hassle-free shopping experience for its members, making significant purchases more manageable without incurring debt.

Company Stage

N/A

Total Funding

$2.4M

Headquarters

Philadelphia, Pennsylvania

Founded

2016

Growth & Insights
Headcount

6 month growth

23%

1 year growth

41%

2 year growth

79%
Simplify Jobs

Simplify's Take

What believers are saying

  • Growing BNPL market with 39% usage increase in 2022 boosts Perpay's potential customer base.
  • Embedded finance trends offer partnership opportunities for seamless payment integration with retailers.
  • Rising digital wallet usage aligns with Perpay's app-based model, enhancing user engagement.

What critics are saying

  • Increased competition from fintech startups may erode Perpay's market share.
  • Regulatory scrutiny on income-based limits and paycheck deductions could impact Perpay's model.
  • Economic downturns and unemployment may affect users' ability to make consistent payments.

What makes Perpay unique

  • Perpay offers interest-free payments directly deducted from paychecks, simplifying user experience.
  • The company targets consumers without access to traditional credit, broadening its market reach.
  • Perpay's model supports credit score improvement, appealing to credit-conscious consumers.

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Benefits

Competitive salary + company equity

401k with company match

Medical / Dental / Vision insurance

Pre-tax Public Transportation benefit

Relocation assistance

Student loan company match

Gym subsidy with City Fitness

Cell phone plan

Paid parental leave

Unlimited PTO

Optional work from home (WFH) up to 4 weeks per year