Full-Time

Director of Product Management

Posted on 11/20/2024

Bill.com

Bill.com

1,001-5,000 employees

Financial platform for managing business operations

Fintech
Financial Services

Compensation Overview

$219.4k - $274.3kAnnually

Senior, Expert

San Jose, CA, USA + 1 more

More locations: Draper, UT, USA

Position can be in San Jose, CA, Draper, UT, or working remotely.

Category
Product Management
Product
Required Skills
Product Management
Requirements
  • Has a natural proclivity to create and nurture community, bringing many different functions together around a common purpose
  • Proven experience as an operator (product, marketing or COS) or similar high-level role within a fast-paced and results-oriented organization.
  • Strong understanding of financial management principles and P&L responsibilities.
  • Excellent analytical and problem-solving skills, with the ability to translate complex information into actionable insights.
  • Exceptional organizational and time management skills with the ability to prioritize effectively in a demanding environment.
  • Superior written and verbal communication skills, with a strong ability to draft clear and concise reports and presentations.
  • Proactive, resourceful, and adaptable
  • MBA highly desirable
  • Consulting experience highly desirable
Responsibilities
  • Define PM Craft Skills: Work across teams at Bill to define the craft skills by level needed to succeed in the ever-changing environment of tech today.
  • Know your customer: Ensure you and cross-functional teams at Bill continually build empathy for accounting professionals and their clients, so strategy and priorities are built on top of a solid foundation of customer understanding.
  • Rapid experimentation: Set up and nurture an ongoing queue of experiments that inform the next set of massive growth levers for the company.
  • Operational excellence: Establish a lightweight set of operating mechanisms that accelerate execution, facilitate fast decision-making, and empower PM/XD/PD while enabling leaders to inspect and coach. Develop and implement systems to track key metrics and disseminate information.
  • Optimize execution: Bring together cross-functional teams, onboard them to the business unit’s operating model, set the pace of execution, and translate executive guidance to decision-making principles that enable speed, autonomy, and transparency.
  • Talent management: Work cross-functionally and with your GM to understand the evolving needs of the business, identify any talent gaps that may hinder execution, and leverage your extensive network to attract high-performing talent to critical new roles.

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