Chief Financial Officer and Structured Debt Finance, Banxware
Plus performance-based bonuses and equity
2 days a week in office
Revenue-based loan platform for SMEs
Job no longer available
Revenue-based loan platform for SMEs
21-100 employees
Job no longer available
Plus performance-based bonuses and equity
2 days a week in office
21-100 employees
Company mission
To bring revenue-based financing for merchants and SMBs to company platforms.
Role
Who you are
- Bachelor's degree in Finance, Accounting, or related field; MBA or similar advanced degree preferred
- At least 10 years of financial management experience in senior roles
- Experience in setting up and scaling finance departments in startups or fast-paced environments
- Proficiency in German GAAP, controlling, financial planning, international consolidation, and reporting
- Expertise in loan portfolio management and structured finance
- Skilled in advanced financial software and tools
- Exceptional analytical, communication, and leadership abilities
- Fluency in English and German
What the job involves
- Our CFO will spearhead both our finance department, run debt structuring and will monitor our loan portfolio
- Key responsibilities include overseeing accounting, controlling, investor reporting, business planning, and budgeting
- The role involves analysing and maintaining our loan portfolio, conducting relevant reporting to lenders, and managing business intelligence
- The CFO will also collaborate closely with our CEO in equity and debt fundraising activities
- Guide the company's financial strategy in line with our overarching vision and goals
- Provide financial insights and advice to the executive team
- Head the finance department, ensuring efficient and scalable financial processes
- Manage financial operations including treasury, tax, accounting, and budgeting
- Establish and optimize cash management and treasury
- Implement controlling best practices and ensure accurate financial reporting under German GAAP
- Manage all financial statements and reporting processes
- Business Intelligence: Conduct financial forecasting, budgeting, and scenario analysis both regarding financials and loan portfolio
- Analyse financial data to drive informed business decisions
- Consolidate loan portfolio analysis and financial planning/reporting
- Become one of two Managing Directors in one or more of Banxware Group Companies
- Oversee loan portfolio management, balancing risk and returns
- Collaborate with the credit team on risk assessment processes
- Consolidate risk predictions in financial forecasts and modelling
- Lead structured finance initiatives, including securitizations and warehouse finance facilities
- Work with external partners to optimize financing structures
- Lead transaction team on debt facility set-ups
Otta's take
Sam Franklin
CEO of Otta
Banks would typically fund very few fintechs, but BaaS has allowed revolutionary banking products to offer financial services without the infrastructure of a bank. The development of open banking, a step further past BasS, enacted regulations that would give any business consumer data, to allow fintechs to now provide services and products that previously only banks could own. Most notable of these offerings are embedded financial services.
Banxware is the first company to offer fully digitalised embedded financial services, a type of tech that allows for the efficient integration into any kind of platform to provide businesses with financial services within the business interface. This allows any kind of online platform, including marketplaces and payment providers, to offer bank-like services, covering funding, trading, payments, loan management, and bank account maintenance. This closes the gap that exists between fintechs and digital platforms with established banks by putting the customer first.
Companies like Banxware are essential for banks to be able to modernise and digitalise their services to serve a much wider customer base. Having raised multiple funding rounds and securing a strategic partnership with PAYONE (a market leader of payment services) in 2022 and more recently with Agicap (a liquidity management and financial planning platform), Banxware looks to be continuing the expansion of its service offerings.
Insights
10% employee growth in 12 months
Company
Funding (last 2 of 3 rounds)
Nov 2023
$16.3m
SERIES A
Jan 2022
$10.9m
SEED
Total funding: $31.6m
Company benefits
- Participation in our share options programme
- Our team stands out: here, you will get to work with a team of seasoned industry experts that still strive to learn every day
- By joining us as an early employee, you will have unrivalled autonomy and ownership of engineering at Banxware
- The tools you need to do your job: your choice of laptop, operating system, productivity software and desk set-up
- Potential to grow into a senior role as we continue to extend our team quickly
- Pet-friendly office
- Team events for a strong team feeling
- Flat hierarchies through direct collaboration with our founders
Company values
- Integrity - We stand up for what we believe in. We ensure our reliability, consistency, and highest level of integrity by showing commitment to our performance
- Think big and deliver results - We think big, start small, but learn fast. We take ourselves a step back and remind ourselves of the big picture. We are ambitious and believe in showing and doing
- Ownership - We take accountability for our actions. We take initiative, fulfill responsibilities and take ownership of what we do, beyond expectations
- Respect and kindness - We consider and care about the impact our actions have on others. We are a diverse and inclusive company. Our communications embody truth, respect, and kindness
- Customer obsession - We build our products for the platform customer’s optimal user experience. Our priority is to provide top-quality products and services that make a difference to their lives and businesses
- Winning together - We work together as equals in cross-functional teams, striving to deliver our brand promise to customers on a daily basis. Everything we do is to win together
Company HQ
Government District, Berlin, BE
Founders
Fabian Heiß
(Co-Founder & Chief Product Officer)Previously a Board Consultant at PSD Bank, Senior Venture Developer at FinLeap, and Senior Partner and Product Manager at Infitec Solutions.
Jens Roehrborn
(Co-Founder)Held roles as a board member at PPRO Group, Quarters Co-Living, and ORS Group. Mentored at Techstars. Currently a partner at Röhrborn LLP.
Miriam Wohlfarth
(Co-Founder & Co-CEO)Currently a member of the presiding committee at Bitkom, a partner at PBA Experts, and executive board member at the German Startups Association. Also the founder and current managing director of Ratepay.
Nicolas Kipp
(Co-Founder & Managing Director)Held roles as a Senior Consultant at Berg Lund & Co, an external expert at Deutscher Bundestag, and chief risk officer at Ratepay. Currently a board member of payments, banking, and fintech at BITKOM.
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