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Full-Time

Engineering Manager

Updated on 9/6/2024

Settle

Settle

51-200 employees

Payment solutions for CPG brands

Fintech
Financial Services
Consumer Goods

Compensation Overview

$180k - $240kAnnually

+ Equity

Senior, Expert

Remote in USA

Category
Engineering Management
Software Development Management
Required Skills
React.js
Node.js
Ruby on Rails
Requirements
  • 6+ years of industry experience, preferably in a high-growth b2b fintech/startup environment.
  • 2+ years of experience in managing and developing engineering teams.
  • Consider the impact of your work on end users, driving you to deliver meaningful and impactful products.
  • Technical by nature, you may not code regularly, but you enjoy diving into the details to understand the scope, discuss solutions, and debug issues.
  • Proficient in Ruby on Rails (our primary backend language), CS fundamentals, along with mastery of OOP principles, React and Node JS.
  • Analytical problem solver who takes a collaborative approach to achieving goals.
  • Communicate effortlessly with both engineers and non-engineers, excelling at explaining technical topics to business professionals and business strategies to engineering teams.
Responsibilities
  • Drive successful launches of new products and initiatives - you enjoy taking an ambiguous business problem and picking the right solution as much as executing the implementation.
  • Mentor your team, facilitating their growth and providing them with the resources they need to be successful.
  • Drive planning at the roadmap level down to the task level - adjusting based on business needs.
  • Product oriented - you’ll strive to understand our customers and keep them at the center of the solutions you build.

Settle offers a range of secure payment products tailored for Consumer Packaged Goods (CPG) brands, aiming to simplify cash flow management. Their tools help these brands understand and manage retailer and distributor margins, which is crucial for navigating challenges like supply chain disruptions and changing retail dynamics. Unlike many financial service providers, Settle focuses specifically on the needs of emerging CPG brands, allowing them to concentrate on growth rather than financial complexities. The company generates revenue by charging clients a fee or a percentage of transactions for its services, making it easier for CPG brands to handle their financial operations.

Company Stage

Series B

Total Funding

$521M

Headquarters

San Francisco, California

Founded

2019

Growth & Insights
Headcount

6 month growth

8%

1 year growth

-5%

2 year growth

2%
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Simplify's Take

What believers are saying

  • Settle's recent $145M credit facility from Silicon Valley Bank provides significant capital for expansion and product development, indicating strong financial backing.
  • The introduction of features like Automatic 3-Way Matching and the Purchasing Suite demonstrates Settle's commitment to innovation and improving operational efficiency for its clients.
  • Partnerships with Cin7 and Finaloop expand Settle's ecosystem, offering clients seamless integration and enhanced functionality, which can drive user adoption and satisfaction.

What critics are saying

  • The niche focus on CPG brands may limit market size and growth potential compared to more diversified fintech companies.
  • Dependence on strategic partnerships for enhanced functionality could pose risks if these partnerships dissolve or fail to deliver expected benefits.

What makes Settle unique

  • Settle focuses exclusively on CPG brands, offering tailored financial solutions that address unique challenges in retail and distribution margins, unlike broader fintech competitors.
  • The integration of real-time data analytics and AI-driven features like Automatic 3-Way Matching sets Settle apart by providing advanced, automated cash flow management.
  • Strategic partnerships with companies like Cin7 and Finaloop enhance Settle's platform, making it a comprehensive financial management solution for e-commerce and CPG brands.