JustiFi empowers vertical SaaS platforms and Franchise company networks to easily offer embedded payments and other fintech products by providing white-label infrastructure helping them monetize and grow revenue without building complex systems themselves.

As a registered Payment Facilitator, JustiFi underwrites and manages a multi-mid architecture processing billions of dollars annually.

Headquartered in St. Paul, MN, the organization has a tight-knit culture and has been exceptional in getting new products to market. Employees are empowered to manage and optimize customer relationships, improve operational efficiency, and identify new and innovative solutions to support customers and fuel the company’s goals. We are seeking local candidates who are able to spend time in our St. Paul office.

JustiFi is backed by top tier venture capital investors, including Emergence Capital, Rally Ventures, and Crosslink Capital. The CFO will have significant direct exposure to the investors and board of directors.

POSITION SUMMARY

The Chief Finance Officer will provide leadership in the finance, business planning and systemizing, accounting, budgeting, risk management, and legal efforts of the company. The CFO will ensure JustiFi’s financial operations are strictly adhered to with a focus on compliance, fraud prevention and efficiency. As a member of the executive management team, the CFO will participate in strategy planning, assist in the development and evaluation of key initiatives and will lead the company to meet their goals.

The Chief Financial Officer will report to the CEO and will oversee a 5-person team comprised of one finance and four credit & risk team members.

THE PERSON

The ideal candidate will have a track record of leading finance in the payments industry and venture backed startup ecosystem. Experience in the payment industry is a must with a desire to maintain a constant, proactive eye on compliance and operational excellence in our highly regulated financial environment. They will also be a strategic thinker as a contributing member of the Executive Team to advise on the best course of action driving decisive action to accelerate the business’ growth trajectory overall.

KEY RESPONSIBILITIES

● In conjunction with the management team and Board of Director, establish goals and objectives for the company;

● Ensure the company’s financial stability and help the management team quantify the impact of strategic and operating plans;

● Define and execute strict financial operations to ensure compliance and fraud prevention;

● Efficiently manage the administrative functions of the company, including finance, accounting, and legal;

● Own and nurture the relationship with our sponsor banks and omni-channel partners;

● Identify and assist in prioritizing business initiatives, levers and paths that increase shareholder value;

● Ensure efficient and effective performance in all aspects of finance and accounting including timely month-end and year-end processing, accounts receivable and accounts payable;

● Develop, analyze and present financial reports in an accurate and timely manner, clearly communicate monthly and annual financial statements; provide accurate, concise and insightful reporting and forecasting of the financial position of the company; ensure the management team and Board of Directors are apprised of potential financial results

● Coordinate and lead the annual audit process, liaise with external auditors and the finance committee of the Board of Directors; ensure compliance with tax and regulatory agencies;

● Manage all third-party relationships with lenders and prospective investors;

● Oversee and lead the budgeting and planning process; develop and review the financial plans, budgets and forecasting;

● Develop and maintain a robust contracts management and financial management reporting system;

● Effectively communicate and present financial matters to the Board of Directors;

● Continuously update and implement all necessary business policies and accounting practices to improve performance and respond to the changing needs of the organization; ensure the systems and processes keep pace with the growth and changes of the organization;

● Assist with customer and vendor relationships and contract negotiations;

● Working closely with the management team and sales, review, monitor and report on company incentive programs and sales commission plans;

● Oversee operational/integration activities related to potential M&A activities;

● In collaboration with the management team, oversee cost effective risk mitigation and employee benefit programs;

● Develop a transparent, proactive financial function on which other departments and all employees can rely on in achieving aggressive growth targets;

● Identify and implement new best in class financial software & systems to manage the company’s growth;

● Identify financial modeling tools and develop multi-year financial models to assess the long-term projections for the company;

● Other responsibilities as assigned.

EXPERIENCE & QUALITIES FOR SUCCESS

• Track record of success leading the financial function at fast paced, high growth technology companies within the SaaS/Fintech/Payment environment.

• Proven ability to be a valued and trusted business partner to the CEO and functional leaders;

• Proven ability to identify paths to increases shareholder value and assist in leading a company to that end;

• Candidates who have led the financial function at companies with institutional investors will be advantaged;

• Demonstrated examples of rigor and compliance in a highly regulated environment;

• Experience overseeing legal and human resources activities;

• Demonstrated success with obtaining and managing bank debt;

• Experience scaling and subsequently selling a business is preferred; acquisition and due diligence experience is a plus;

• Financial acumen and significant analytical skills; an ability to analyze and draw business impacting conclusions from the company’s customer and operational data;

• Strong operational accounting and financial reporting skills; will be proficient in forecasting and financial modeling including the development of pricing templates; must have demonstrated facility for reaching sound business decisions after developing and reviewing available financial information;

• Proven ability to transition a growing company to new processes and structure to ensure compliance and effective operations; experience transitioning to new financial systems is strongly preferred.