Senior Product Manager, Constrafor
Growth
$150-170k
+ Equity
Construction productivity software and financial services
Job no longer available
Construction productivity software and financial services
21-100 employees
Job no longer available
$150-170k
+ Equity
21-100 employees
Company mission
To set new standards of productivity and cost-efficiency for the construction industry through its productivity and financial services platform.
Role
Who you are
- This role demands a strategic thinker with a strong background in hyper-growth tech startups and a passion for building impactful products
- Experience: 3+ years of product management experience, with a proven track record in driving growth and managing product lifecycles
- Conversion Optimization: Experience with Conversion Rate Optimization (CRO) and data-driven decision-making
- Startup Experience: Experience in a high-growth startup environment is preferred
- Analytical Skills: Strong analytical and problem-solving skills, with the ability to make informed, data-driven decisions
- Communication: Excellent communication and presentation skills, capable of clearly articulating product strategies and priorities
- Financial Knowledge: Understanding of finance products, including payments, lending, and financial infrastructure
- Education: Bachelor’s degree in a related field
- Preferred Experience: Experience working with SMBs and B2B products is highly preferred
What the job involves
- We are seeking an innovative Senior Product Manager to drive growth and enhance conversion rates for our embedded finance product within our SaaS platform
- In this role, you will collaborate across all functions of the company to execute our product strategy
- This is a unique opportunity to lead product innovation in the Construction industry
- You will have the opportunity to influence key decisions and play a pivotal role in the Constrafor's growth trajectory
- Optimize User Experience: Enhance user flows, customer journeys, and onboarding processes to maximize conversion rates for our Early Pay Program (EPP)
- Data-Driven Insights: Develop and maintain KPI dashboards, focusing on subcontractor conversion metrics to measure the effectiveness of product initiatives
- Product Development: Identify opportunities for new product features and adjacent products that add value to the construction industry
- Cross-Functional Collaboration: Work closely with engineering, design, marketing, credit, and sales teams to deliver innovative, customer-centric solutions
- Strategic Execution: Implement the product strategy aligned with our growth objectives, with an emphasis on improving conversion rates
- Market and Customer Research: Conduct market research to understand customer needs, industry trends, and competitive positioning, informing product development and optimizing conversion funnels
- Roadmap Management: Contribute to the product roadmap, prioritizing features and enhancements that drive EPP participation and user engagement
- User-Centric Design: Advocate for a user-centered design approach to ensure a seamless and engaging user experience that fosters conversions
- Growth Opportunities: Identify strategies for customer acquisition, engagement, and retention that directly impact conversion metrics, contributing to revenue growth and user adoption
Our take
Large construction projects take a long time to finish, and subcontractors can get caught up in the flow of money, waiting up to 80 days to be paid by general contractors. Such situations not only lead to project delays but also impose the burden of financing their project segments onto subcontractors. However, Constrafor has set out to change this through its SaaS construction procurement platform.
It streamlines information and documentation for how general contractors work with subcontractors and assumes the risk for the subcontractor invoice, freeing up cash flow. The general contractor then reimburses Constrafor for the invoice; its revenue is based on taking in about 2% of the value of the invoice.
Given that construction companies typically allocate less than 1.5% of their revenue to technology investments, Constrafor finds itself in substantial demand. It stands out by offering tailored solutions, designed and developed on behalf of these companies. Bolstered by Series A funding, Constrafor is poised to elevate its operations, effectively facilitating crucial functions like payroll management and other pivotal aspects of the construction process.
Freddie
Company Specialist at Welcome to the Jungle
Insights
17% employee growth in 12 months
Company
Funding (last 2 of 4 rounds)
Nov 2024
$14m
SERIES A
Apr 2023
$7.5m
EARLY VC
Total funding: $29.2m
Company benefits
- Equity Ownership: Opportunity for equity ownership in Constrafor
- Hybrid Work Schedule: M-W at our beautiful Hudson Yards office
- Comprehensive Benefits: Medical, dental, and vision insurance for you and your dependents
- Generous PTO: Generous paid time off plan
- Innovative Culture: A collaborative and innovative work environment that values your input
- Impactful Work: Opportunity to make a significant impact in a growing tech company
Company HQ
Chelsea, New York, NY
Leadership
Anwar Ghauche
(Co-Founder)Experience as Senior Consultant of Booz & Company from 2010 to 2013. Investment Analyst for QVT Financial LP from 2015 to 2018.
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