Simplify Logo

Full-Time

Account Executive

Posted on 9/3/2024

Check

Check

51-200 employees

Provides embedded payroll services for software platforms

Data & Analytics
Consulting
Enterprise Software
Fintech
Financial Services

Compensation Overview

$136.8k - $187.5kAnnually

+ Performance-based compensation

Senior, Expert

San Francisco, CA, USA + 1 more

Category
Strategic Account Management
Sales & Account Management
Required Skills
Sales
Communications
Requirements
  • 5+ years of work experience selling in technology enterprise sales
  • Direct experience closing growth accounts that involve 6+ month-long sales cycles
  • Experience building relationships with C-level executives and managing accounts with multiple stakeholders
  • Executive presence, clear and concise communication style
  • Experience managing a complex enterprise sales motion
  • Hardworking self-starters with a proven track record of closing multi-million dollar deals with partners
  • Creative and persistent networker to locate decision-makers, build relationships, and negotiate
  • Strong ability to assess product-market fit and prioritize initiatives based on potential business impact
  • History of exceeding sales quota
  • Experience working with technology infrastructure or fin-tech infrastructure preferred
  • Exceptional communication skills and the ability to rally organizational support
  • High energy level and intellectual curiosity in a fast-paced, start-up environment
Responsibilities
  • Sell to strategic accounts within the software space and sign multi-hundred thousand dollar deals up to multi-million dollar deals
  • Support all aspects of deal execution, including prospecting, outbound efforts, sales execution, internal management, negotiations, and contract execution
  • Develop account plans for winning and expanding a book of business
  • Develop outbound strategies to create and nurture opportunities
  • Work with stakeholders across the Check organization in product, compliance, operations, and more to secure what is needed to close strategic deals
  • Develop relationships with executive stakeholders at new accounts
  • Work with company leaders from multiple functions (e.g., Engineering, Product, and Finance) to lead complex product workshops and financial analyses

CheckHQ offers embedded payroll services tailored for software platforms in the fintech sector. Their primary product is a payroll system that can be integrated into existing software, allowing businesses to create and manage their own payroll services. This integration helps platforms like Homebase and Housecall Pro enhance their offerings and retain customers by providing payroll solutions directly to their users. Unlike traditional payroll services, CheckHQ focuses on partnerships, supplying the necessary back-end technology while the partner platforms handle the customer-facing aspects. This approach enables quicker market entry and scalability, making it easier for platforms to add payroll services without significant upfront investment. The goal of CheckHQ is to empower software platforms to generate new revenue streams and improve customer engagement through their payroll solutions.

Company Stage

Series C

Total Funding

$119M

Headquarters

New York City, New York

Founded

2019

Growth & Insights
Headcount

6 month growth

1%

1 year growth

17%

2 year growth

53%
Simplify Jobs

Simplify's Take

What believers are saying

  • Partnerships with platforms like Wave and Novo expand CheckHQ's reach to over 300,000 small businesses, enhancing its market penetration.
  • The introduction of fraud protection tools and embedded support services positions CheckHQ as a comprehensive solution provider, reducing risks for its partners.
  • CheckHQ's recent $35 million Series B funding from Stripe and Thrive Capital provides a strong financial foundation for future growth and innovation.

What critics are saying

  • The complexity of integrating payroll services into diverse software platforms could lead to technical challenges and delays.
  • The competitive fintech landscape, with established players like ADP and Gusto, may limit CheckHQ's market share and growth potential.

What makes Check unique

  • CheckHQ's embedded payroll system allows software platforms to integrate payroll services seamlessly, unlike traditional payroll providers that offer standalone solutions.
  • The company's focus on partnerships with software platforms enables rapid market entry and scalability, setting it apart from competitors who build end-to-end solutions in-house.
  • CheckHQ's API abstracts the complexity of payroll, including tax calculations and compliance, making it easier for small businesses to manage payroll without specialized knowledge.

Benefits

Home office stipend: $1k stipend for your home office setup, and $100 per month for internet and cell.

PTO & sick leave: Recharge and stay healthy with flexible PTO and sick leave.

Learning budget: Buy books, take classes, and attend conferences with a $2k per year learning budget.

Weekly pay: Every Friday is payday! Just one perk of being your own payroll provider.

Paid family leave: 16 weeks of paid leave for new parents and flexible return-to-work options.

Health benefits: High quality health, dental, and vision insurance coverage.