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Business Operations & Finance Associate

The Role: 

Alternative Payments is looking for an outcome oriented Business Operations & Finance Associate to join our rapidly growing team. The ideal candidate is a highly analytical problem solver, with critical thinking skills who can quickly understand the core drivers of the business. This role is part analyst, part strategist, part project manager, and part builder. 

Reporting to the Chief of Staff you will work on complex business problems, analyzing and generating insights from data across multiple workstreams. You will plan, lead and execute operational and strategic planning initiatives that have a direct and quantifiable impact on the business. 

Key Responsibilities - What you will do 

  • Work cross-functionally to execute on high-impact projects and implement new processes to scale operations.

  • Serve as a strategic partner, identifying issues, building models and analyzing data to make recommendations to improve financial and operational decision-making across the organization. 

  • Prepare regular reports and dashboards to communicate insights and recommendations to stakeholders. 

  • Support the leadership team in executing all operational and strategic initiatives. 

  • Monitor, manage and report on payment activity to create operating efficiency, optimize costs and mitigate risks 

  • Develop and/or monitor operational metrics 

  • Support the sales + customer success teams with complex challenges

What you will Bring (Requirements): 

  • 3-5 years of professional experience within investment banking, private equity, or financial services

  • Superior analytical, critical thinking and quantitative skills 

  • Ability to execute in ambiguous, fast paced environments under tight and unpredictable timelines and produce accurate, high quality results 

  • High sense of urgency, a bias for action and work ethic

  • Rigorous attention to detail 

  • Ability to handle multiple competing projects 

  • Ability to work independently and be proactive 

  • Excellent written and verbal communication skills

  • Strong problem solving and decision making skills

  • Ability to work collaboratively and cross functionally within the organization 

Nice to have 

  • Experience working at a high growth start up in the fintech space 

  • At least 2 years experience working in investment banking 

  • Located in NYC 

About Alternative Payments 

Alternative Payments is an early-stage B2B payments and checkout infrastructure company, tackling $28T of US B2B payments. Alternative’s white-label, purpose-built payment portal streamlines client payments, while integrated directly with a company’s invoicing software and reconciles all transactions to its accounting software, providing a fully-integrated approach that does not exist, outside of custom ERP applications. Our customers are paid 40% faster, leveraging Alternative Payments. 

Compensation 

Total compensation range for this role is $110,000-$130,000 plus equity. The range displayed on each job posting reflects the approximate total target compensation for the position. Within the range, individual pay is determined by factors including relevant skills, experience, education/training. 

What We Will Offer: 

  • Competitive Compensation: We want you to feel like an owner, which should be reflected in your salary and equity 

  • Top Tier Benefits: Every employee has access to great Health, Dental, and Vision insurance 

  • Mission-first Colleagues: We value a culture of authenticity, humility, and excellence. We want you to leave your thumbprint on our company 

Our Values: 

  • Transparency & Honesty: We operate with transparency to our customers, investors, and other partners, every step of the way. 

  • Dependability: We are dependable. We do what we say we are going to do and we do not cut corners. 

  • Partnership: We are partners to our customers, investors, and each other, and work together to solve exciting massive problems. 

  • Revolutionary & Boldness: We are revolutionary & bold. We break down barriers and walls to build our own walls in a stronger, safer, and simpler manner. 

  • Diversity & Inclusion: We work together with people of all backgrounds and seek different viewpoints to generate stronger partnerships and create a stronger, more inclusive company and world. 

Average salary estimate

$120000 / YEARLY (est.)
min
max
$110000K
$130000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Business Operations & Finance Associate , Alternative Payments

Are you ready to dive into the dynamic world of finance and operations? Alternative Payments, a pioneering company in B2B payments and checkout infrastructure, is searching for a motivated Business Operations & Finance Associate to join our vibrant team in New York. This role isn't just about crunching numbers; it's about being an integral part of our mission to streamline client payments. As a vital member of our team, you'll be tackling complex business challenges and generating valuable insights from data. You’ll work directly with our Chief of Staff and collaborate with various departments, making impactful recommendations that enhance operational efficiency and financial decision-making. You'll be responsible for leading high-impact projects, preparing insightful reports, and managing payment activity to optimize costs and mitigate risks. The ideal candidate brings 3-5 years of experience from investment banking, private equity, or financial services, coupled with superior analytical skills and a results-driven attitude. If you thrive in fast-paced environments and love solving problems, this could be the opportunity you’ve been searching for. Join us at Alternative Payments, where your contributions will not only be recognized but truly valued. With a competitive compensation range of $110,000-$130,000 plus equity, we believe in rewarding talent and commitment. Let’s revolutionize B2B payments together!

Frequently Asked Questions (FAQs) for Business Operations & Finance Associate Role at Alternative Payments
What are the main responsibilities of a Business Operations & Finance Associate at Alternative Payments?

As a Business Operations & Finance Associate at Alternative Payments, your key responsibilities include executing high-impact projects, preparing reports to communicate insights, and supporting the leadership team in operational and strategic initiatives. You'll also be analyzing data to improve financial decision-making and managing payment activity to enhance efficiency.

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What qualifications are required for the Business Operations & Finance Associate position at Alternative Payments?

To be a successful Business Operations & Finance Associate at Alternative Payments, you should have 3-5 years of professional experience in investment banking, private equity, or financial services. Furthermore, superior analytical and quantitative skills, attention to detail, and the ability to work under tight timelines are crucial.

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How does the Business Operations & Finance Associate contribute to problem-solving at Alternative Payments?

The Business Operations & Finance Associate plays a critical role in problem-solving at Alternative Payments by analyzing complex business problems, identifying issues, and building models to suggest actionable solutions. This analytical mindset is essential to drive operational improvements and enhance overall business performance.

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What type of work environment should a Business Operations & Finance Associate expect at Alternative Payments?

At Alternative Payments, the work environment is fast-paced and collaborative. As a Business Operations & Finance Associate, you'll be expected to thrive in ambiguity, handling multiple projects and working cross-functionally with diverse teams, all while contributing to significant operational and financial improvements.

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What benefits does Alternative Payments offer for the Business Operations & Finance Associate role?

Alternative Payments offers competitive compensation along with top-tier benefits including health, dental, and vision insurance. Additionally, we emphasize a culture of authenticity and support, ensuring that every employee feels like a valued member of our mission-driven team.

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Common Interview Questions for Business Operations & Finance Associate
Can you describe a time when you solved a complex financial problem?

In answering this question, think of a specific instance where you analyzed data, identified a problem, and implemented a solution. Be detailed about the tools and methods you used, and emphasize the impact of your solution on the business.

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How do you prioritize multiple projects with tight deadlines?

To answer effectively, describe your approach to prioritization. Discuss any tools or strategies you employ, such as weekly planning or using project management software, and give examples of how this has worked in the past.

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What strategies do you use to analyze and present financial data?

Highlight your experience with specific analytical tools and platforms, as well as how you tailor presentations for different stakeholders. Offer an example of a successful report you’ve created and the positive outcomes that resulted from it.

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How do you ensure accuracy in your financial analyses?

Discuss the importance of a meticulous approach to data collection and analysis. Include any quality control practices you follow and the tools you utilize to minimize errors in your work.

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Describe your experience working cross-functionally.

Share a specific experience where you successfully collaborated with different departments. Emphasize communication strategies you used to ensure project alignment and the importance of teamwork in achieving a common goal.

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What is your experience with risk assessment in financial operations?

Detail any processes or frameworks you have used for assessing risks in financial operations. Discuss specific examples where you identified risks and proposed mitigation strategies that benefited the organization.

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How do you keep yourself updated with financial regulations and compliance issues?

Talk about the resources you use to stay informed, such as industry publications, webinars, and professional organizations. Provide an example of how you've applied new regulations in your previous work.

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Can you give an example of how you supported a strategic initiative in your last role?

Choose a specific strategic project you supported, detailing your role and actions taken. Emphasize the skills you used, the challenges faced, and the positive outcomes that emerged from your contributions.

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How would you approach a situation where you have to influence a decision with limited data?

Explain your method for making informed decisions even with minimal data, such as relying on analogous situations or historical data. Highlight your critical thinking skills and how you would communicate your recommendations.

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What do you believe makes a successful Business Operations & Finance Associate?

Reflect on key traits such as analytical skills, adaptability, attention to detail, and the ability to work collaboratively. You might also discuss the significance of a proactive attitude in driving business improvements.

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Alternative Payments provides a global payment infrastructure to ensure e-commerce merchants can convert international web traffic into approved transactions. Alternative Payments was founded in 1999 and is headquartered in Lithuania.

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Full-time, on-site
DATE POSTED
January 13, 2025

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