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Head of Sales & Marketing

Finexio is the leader in AP Payments as a Service, the leading embedded payments solution for business to business (B2B) payments. Finexio simplifies the way businesses process and receive B2B payments by integrating electronic payments and cash flow improvement solutions directly into the world’s largest accounts payable and procurement software platforms.

Our vision is a world in which finance leaders only have to decide “what” to pay- Finexio’s software seamlessly handles the “how” and the “when”.

We are growing revenue nearly 100% annually and are a leading disruptor in the B2B Payments and Fintech industry. The company has raised over $65m in investment and is backed by investors JP Morgan, Discover, NBH Bank, Mendon Venture Partners, and Valley Bank. These investors believe in the mission and technology so much so they are also customers and partners.

Finexio is seeking a Head of Sales & Marketing who is driven by challenges, ready to dig into the details, eager to drive a culture of accountability and success within the sales team and own the delivery of annual booking targets. Finexio is looking for someone who doesn’t just want a job, but is passionate about making a significant impact. 

Responsibilities

  • Develop and implement comprehensive sales and marketing strategies to drive revenue growth and enhance market share.
  • Align sales and marketing initiatives with Finexio's business objectives, ensuring a cohesive approach to market penetration.
  • Lead, mentor, and manage the sales and marketing teams, fostering a culture of high performance and continuous improvement.
  • Recruit, train, and retain top talent, ensuring the teams are equipped with the necessary skills and knowledge.
  • Identify, establish, and nurture relationships with key executives, influencers, and consultants within the Accounts Payable Procure-to-Pay software industry.
  • Conduct ongoing market research to identify trends, opportunities, and competitive threats.
  • Provide insights and recommendations to the executive team to inform strategic decisions.
  • Set and monitor sales targets, KPIs, and budgets, ensuring alignment with company goals.
  • Ensure company sales processes are being adhered to and company provided tools are being utilized to optimize efficiency and effectiveness
  • Oversee the development and execution of marketing campaigns across various channels to enhance brand awareness and generate leads.
  • Ensure consistent messaging and positioning of Finexio's products and services in the market.
  • Work closely with product development, finance, and operations teams to ensure alignment and support for sales and marketing initiatives.
  • Facilitate communication and collaboration across departments to achieve company objectives.
  • Manage the sales and marketing budget, ensuring efficient allocation of resources to maximize ROI.
  • Prepare and present regular reports on sales and marketing performance to the executive team and entire company.

Requirements

  • 10+ years of professional experience in B2B SaaS/Fintech sales and marketing, with at least 4 years in a leadership position overseeing both functions.
  • A track record of developing and executing successful sales and marketing strategies that have resulted in substantial revenue growth in the enterprise software or fintech sectors.
  • Experience in setting and managing sales targets, budgets, and performance metrics.
  • Experience in selling SaaS products to a diverse range of industries and understanding how to articulate the value of software in addressing specific business needs.
  •  Proven experience in leading and motivating sales and marketing teams that focus on proactive outbound prospecting and opportunity generation. A history of mentoring and developing sales and marketing talent to improve performance and career progression is required.
  • A methodical approach to sales, with experience in building and implementing structured sales processes, performance metrics, and effective training programs. The ability to use data and analytics to drive decision-making and improve sales efficiency and effectiveness.
  • High competency with Salesforce and HubSpot. Demonstrated ability to leverage these tools to track team performance, manage the sales and marketing funnels, and generate insightful reports that drive action and results.
  •  Demonstrable experience developing and executing go-to-market plans for B2B SaaS platforms targeting the C-suite, including targeted paid advertising, online and offline events, and content marketing (white papers, case studies, and blogging, etc.)
  • Prior management of marketing spend of $1m+ with demonstrated positive ROI
  • Experience in structuring sales teams to ensure a consistent focus on outbound prospecting, including tracking and measuring prospecting activities within large accounts.
  • Ability to align closely the Marketing and Sales functions to ensure a seamless lead-to-sales qualification process and to establish consolidated reporting that tracks the effectiveness of sales and marketing efforts.
  • Demonstrated ability to provide rigorous training and process adherence, driving a culture of performance and time-bound progression beginning with marketing and working through the sales stages.
  •  Proficient in managing complex sales cycles with a duration of 4-9 months, including identifying and measuring critical stages from lead to closed opportunity.’
  • Deep understanding of key sales metrics, particularly around opportunity progression, proposal rates, and closing ratios. Ability to establish and monitor metrics that track performance from initial lead through to closed sales.
  • Exceptional communication and presentation abilities, with experience engaging C-suite executives and key stakeholders.
  •  Ability to thrive in a fast-paced, highly transparent, dynamic environment and adapt to changing market conditions.
  • Strong problem-solving skills with a proactive approach to identifying, communicating , and addressing challenges.
  • Candidates will be prioritized that have all the above and:
  • Experience in developing and managing channel partnerships within the Accounts Payable Procure-to-Pay software industry.
  • In-depth understanding of the B2B payments landscape, including embedded payments and commercial payments.
  • Familiarity with the procure-to-pay software ecosystem and related market dynamics.

Why You’ll Love Working at Finexio:

  • Culture: We are a humble, client-first team that is focused on collaborative data-driven success.
  • Speed: We move fast, love new ideas and give you the opportunity to push your limits.
  • Growth: We are expanding rapidly into new markets, launching new services and creating a world-class company

What We Offer:

  • The chance to work in a fast-paced start-up environment with experienced industry leaders
  • An environment where you can dive deep into the latest technologies and make a real, measurable impact
  • Employee Engagement – Quarterly virtual team building activities and monthly team lunches
  • Competitive salary and stock options
  • Medical, dental, and vision
  • Unlimited Vacation Policy

140k – 160k base (Uncapped Commissions bringing the total comp to 210k-240)

*If team targets are being met then there is the potential for 300K-350k total comp

 

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Average salary estimate

$190000 / YEARLY (est.)
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$140000K
$240000K

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What You Should Know About Head of Sales & Marketing, Finexio

If you're ready to take the reins in a pivotal role at a rapidly growing Fintech company, look no further than Finexio's Head of Sales & Marketing position. Here, you'll join a passionate team that's revolutionizing B2B payments, driving growth by simplifying how businesses process and receive payments. Your expertise will be crucial in crafting comprehensive strategies that boost revenue and expand Finexio's market share. Picture yourself leading talented sales and marketing teams, fostering a culture that celebrates innovation and accountability. Your knack for building relationships will come into play as you connect with key executives in the accounts payable and procurement space. This isn't just a job; it's an opportunity to make a significant impact as you align sales with business objectives and mentor a team ready to thrive in a competitive landscape. You'll dive deep into market research, set ambitious targets, and enhance brand visibility through creative marketing campaigns. At Finexio, we believe in empowering our leaders to be proactive, strategic, and collaborative. With over a decade of professional experience in B2B SaaS and a proven track record in leadership, you’ll be well-equipped to drive our sales success and help elevate our brand in the vibrant fintech ecosystem. Plus, enjoy the perks of a fast-paced startup culture that values growth, innovation, and team spirit. If making a difference in the world of payments excites you, then this role was made for you!

Frequently Asked Questions (FAQs) for Head of Sales & Marketing Role at Finexio
What responsibilities does the Head of Sales & Marketing at Finexio have?

As the Head of Sales & Marketing at Finexio, you'll develop and implement comprehensive strategies aimed at driving revenue growth and enhancing market share. You'll lead, mentor, and manage dynamic sales and marketing teams, ensuring alignment with Finexio's business objectives. Part of your role will also involve nurturing key relationships in the B2B payments space and conducting market research to identify growth opportunities.

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What qualifications are required for the Head of Sales & Marketing position at Finexio?

Candidates for the Head of Sales & Marketing role at Finexio should have a minimum of 10 years of experience in B2B SaaS or Fintech sales and marketing, with at least 4 years in a leadership role. A proven track record in developing successful sales strategies, using tools like Salesforce and HubSpot effectively, and mentoring high-performing teams are crucial for this position.

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How does the Head of Sales & Marketing align with Finexio's overall business objectives?

The Head of Sales & Marketing at Finexio plays a key role in aligning sales and marketing initiatives with the company’s strategic goals. You'll ensure cohesive collaboration across departments, manage the marketing budget to maximize ROI, and provide insights to the executive team that drive informed decision-making and strategic planning.

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What is the expected compensation for the Head of Sales & Marketing at Finexio?

The Head of Sales & Marketing at Finexio can expect a competitive salary ranging from $140k to $160k base, with uncapped commissions leading to total compensation between $210k and $240k. Meeting team targets could even bring the total compensation to between $300k and $350k, making this an attractive opportunity for a driven sales leader.

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What growth opportunities exists for the Head of Sales & Marketing at Finexio?

In the Head of Sales & Marketing role at Finexio, growth opportunities are abundant. As Finexio rapidly expands, you’ll have the chance to lead innovative projects, develop strategies that penetrate new markets, and influence the trajectory of the company. Additionally, you will participate in creating a world-class company culture that encourages personal and professional development.

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Common Interview Questions for Head of Sales & Marketing
How do you develop a sales strategy for a B2B SaaS company like Finexio?

To develop a sales strategy for a B2B SaaS company like Finexio, I would start by conducting thorough market research to understand industry trends and customer pain points. From there, I'd align the sales strategy with the company's vision, ensuring it addresses those pain points while leveraging unique value propositions offered by our solutions.

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Can you explain how you would approach team leadership and mentorship in this role?

In my approach to team leadership and mentorship, I believe in fostering an open environment that encourages collaboration and communication. I would implement regular training sessions, one-on-one check-ins, and create opportunities for team members to share best practices, which motivates and develops talent within the team.

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What tools do you utilize to track sales performance?

I utilize tools like Salesforce and HubSpot to track sales performance. These platforms help analyze data, manage leads, and monitor our sales pipeline. By using these tools, I ensure that performance metrics are transparent, making it easier to identify areas of improvement and success.

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How do you ensure that marketing and sales functions are aligned?

To ensure alignment between marketing and sales, I foster integrated communication channels, frequent meetings for strategy discussions, and joint feedback sessions. This collaboration helps create a unified lead qualification process and shared accountability for achieving our revenue objectives.

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What experience do you have with budget management in sales and marketing?

I have extensive experience managing sales and marketing budgets exceeding $1 million, where I've focused on maximizing ROI through data-driven decisions. I prioritize resource allocation to initiatives that demonstrate clear performance metrics and potential for growth.

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Describe a successful marketing campaign you led.

One successful marketing campaign I led involved launching a content marketing initiative targeting C-suite executives. We created high-quality white papers and case studies, coupled with targeted paid advertising. This approach resulted in a significant increase in leads and overall engagement, leading to a 30% rise in sales over six months.

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What methods do you use to identify market trends?

To identify market trends, I utilize a combination of data analytics, competitive analysis, and feedback from customers and sales teams. Staying updated with industry news and networking with key influencers also provides insights into emerging trends that could impact our market.

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How do you handle challenges faced during a sales cycle?

When faced with challenges during a sales cycle, I conduct root cause analysis to understand the underlying issues. I adapt strategies, engage the sales team for feedback, and communicate proactively with potential clients to address their concerns, ensuring a customer-centric approach remains at the forefront.

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What do you consider to be key sales metrics?

Key sales metrics include opportunity progression, proposal rates, and closing ratios. By establishing and closely monitoring these metrics, I can track the efficiency of our sales processes while identifying areas that require adjustments or enhancements.

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How do you build relationships with key executives in your industry?

Building relationships with key executives in the industry involves active networking, attending relevant conferences, and delivering valuable insights through thought leadership. Creating opportunities for strategic conversations and follow-ups is crucial to establishing trust and long-lasting professional relationships.

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DATE POSTED
December 3, 2024

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