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Full-Time

Solutions Engineer

Posted on 3/11/2023

TaxBit

TaxBit

51-200 employees

Automates tax reporting for digital assets

Data & Analytics
Consulting
Hardware
Government & Public Sector
Fintech
Crypto & Web3
Financial Services

Mid, Senior

Washington, DC, USA

Requirements
  • Founded in 2018 by CPAs, tax attorneys, and software developers, TaxBit is establishing an entirely new category of business to enable widespread adoption of cryptocurrency and other digital assets
  • Our Software-as-a-Service (SaaS) platform streamlines our customers' reporting and accounting experience for the digital asset class. We are trusted by thousands of consumers, leading crypto and traditional financial enterprises, government agencies-including the IRS- respected accounting firms, and others to solve compliance challenges at scale amid an ever-evolving regulatory landscape. TaxBit investors include Haun Ventures, IVP, Insight Partners, Paradigm, Tiger Global, PayPal Ventures, Winklevoss Capital, Coinbase Ventures, and other leading crypto investors. Our team is located in New York City, Salt Lake City, San Francisco, Seattle, and Washington, D.C
  • If you're searching for a company that's dedicated to your growth, recognizes your unique contribution, and provides a fun, flexible, and inclusive work environment, then TaxBit is the place for you. We're looking for team members who are ready to join a hypergrowth company and excited to work at the forefront of an entirely new industry
Responsibilities
  • Serve as a thought partner to our account executives and enterprise/government customers on all technical aspects of the sales process
  • Lead technical discovery and scoping conversations to identify customer needs, use cases, and source systems
  • Prepare and present custom demos of TaxBit's various products
  • Build rapport and establish credibility with client stakeholders including Business, IT, and Executive personas
  • Consult, advise, and answer complex questions on TaxBit's enterprise APIs
  • Help respond to large RFPs with a focus on technical/engineering-related questions and content
  • Produce reusable content and collateral to support future deal pursuits
  • Systematically share feedback from sales conversations with our Product and Engineering teams
  • Seamlessly hand off deals and transfer knowledge from pre-sales to TaxBit's post-sales Implementation and Customer Success teams
Desired Qualifications
  • 5+ years of experience in sales engineering, technical sales, and/or professional services
  • Bachelor Degree in Information Systems or other technical field
  • Strong problem-solving skills and ability to understand/document customer requirements
  • Experience prototyping and wireframing preferably in Figma
  • Strong written and verbal communication skills
  • Ability to communicate effectively with both business and technical stakeholders
  • Collaborative team work skills including partnering with Engineering and Product teams

TaxBit specializes in tax and accounting solutions specifically for the digital asset economy, focusing on cryptocurrencies. Its platform automates the collection, validation, and reporting of tax information, helping both individuals and businesses comply with changing regulations. Clients include individual investors, exchanges, and enterprises in the digital asset market. TaxBit operates on a software-as-a-service (SaaS) model, offering subscription-based access to its user-friendly platform. This platform streamlines the tax reporting process, from onboarding to filing, and includes data analysis tools to assist clients in managing their tax obligations. TaxBit's goal is to simplify tax compliance for its users in the rapidly evolving digital asset landscape.

Company Stage

Series B

Total Funding

$253.4M

Headquarters

Draper, Utah

Founded

2018

Growth & Insights
Headcount

6 month growth

3%

1 year growth

-4%

2 year growth

-38%
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Simplify's Take

What believers are saying

  • Strategic investments from In-Q-Tel and partnerships with major players like Kraken and Blockpit enhance TaxBit's market credibility and growth potential.
  • The launch of innovative solutions like CESOP and DAC7 compliance platforms positions TaxBit as a leader in regulatory compliance for digital assets.
  • Expansion into the European market and the introduction of enterprise-grade solutions indicate strong growth and diversification opportunities.

What critics are saying

  • The recent layoffs of 40% of the workforce could indicate financial instability and may affect employee morale and productivity.
  • Operating in the highly volatile digital asset market exposes TaxBit to regulatory uncertainties and market fluctuations.

What makes TaxBit unique

  • TaxBit specializes in tax and accounting solutions specifically for the digital asset economy, unlike traditional tax software providers.
  • Their SaaS model allows for scalable and flexible subscription-based access, catering to a wide range of clients from individual investors to large enterprises.
  • The platform's automation capabilities, including AI-enabled rules engines, streamline complex tax reporting processes, setting it apart from manual or semi-automated solutions.
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