Head of Engineering, NoviCap
Provides businesses with capital solutions
Be an early applicant
Provides businesses with capital solutions
21-100 employees
Be an early applicant
21-100 employees
Company mission
To allow small, medium and large companies to access working capital financing through invoice finance and thus improve their cash flow
Role
Who you are
- Have a minimum of 10 years of experience as Head of engineering, VP of engineering, Engineering Lead, or back-end engineering roles in tech-focused companies. Ideally, experience in financial services or accounting software
- Strong product mindset, focusing on understanding the existing infrastructure and how to efficiently build upon it, rather than developing from scratch
- Understanding of the basics of double-entry accounting systems, using multiple ledgers
- Ability to manage complex, data-driven projects, fostering collaboration from Engineering to Product and the various business teams involved in such projects
- Capacity to collaborate with external teams with respects to third-party integrations via API or others (e.g. knowledge of main ERPs)
- Experience with Ruby-on-Rails (or similar moderns full-stack framework), AWS, Excel
- Fluency in English, and high level in Spanish
What the job involves
- With offices in Barcelona and Madrid, we are currently looking for a Head of Engineering who wants to join our team
- You will lead the Engineering Team with the mission to build and maintain our core platform, from ideation to deployment
- Given its central role in providing working capital management solutions to SMEs, our technology is crucial to Novicap’s continued success
- The Head of Engineering will report directly to the CEO, and be responsible for the following segments:
- Lead the development and the execution of the Engineering strategy, working hand-in-hand with senior management to prioritise developments in alignment with broader business strategy
- Define, develop and maintain the software architecture with the objective to respond to business needs in the most efficient manner
- Evaluate critical engineering issues and take final decisions with respect to problem-solving within this area
- Maintain at all times the integrity of the double-entry accounting system of the platform, which accounts for movements of each counterparties on separate ledgers
- Take ultimate responsibility for the day-to-day functioning of the platform, coordinating safe deployments and maintenance tasks
- Coordinate with other teams, including Product and key business counterparts, in order to ascertain their needs and suggest the most-efficient solutions to their problems
- Collaborate with the Engineering Manager to ensure the platform meets the highest information and cyber security requirements (e.g. obtention of ISO 27001)
- Manage an Senior Engineer and an Engineering Manager, himself responsible for 4 Engineers, fostering an innovative culture
- Review & manage third-party vendors that are contracted by the Engineering area
- Work with the Head of Product to ensure the translation of the Product strategy into Engineering strategy and execution, in alignment with the broader business strategy
- Take responsibility for the smooth coordination between the Product and Engineering teams, from design to development and safe development of new products and features
- Review & challenge the designs coming from the Product team in order to increase their efficiency while not compromising their effectiveness
- Lead the development and execution for a resilient data infrastructure, in order to facilitate the work of the Data Analyst
- In doing so, you will contribute to the achievement of Novicap’s long-term growth plans
- You will report directly to the CEO, with the Lead Software Engineer and Engineering Manager reporting directly to you. You’ll work closely with the Product team and collaborate with other teams across Madrid, Barcelona, and throughout Spain
Our take
SMEs often face delays when receiving invoice payments from large clients, resulting in cash-flow problems and logistical difficulties. NoviCap was created to provide a platform where SMEs can generate quick financing in order to mitigate this previously unavoidable problem.
NoviCap differs in that it offers a lateral solution to traditional banking options, which can often take weeks to confirm funding. Its automation, flexibility, and fully accessible online platform also means that SMEs can hold increased ownership of their financing, unlike with traditional banks.
Having experienced growth in 2023 thanks to 200 million euros in lending capital, the company is expanding its platform to accommodate all sizes of enterprises, not just SMEs. Competitors include UK-based MarketInvoice, and in the future NoviCap looks to maintain its status by continuing to focus on developing other services that set the company apart from the banking circuit.
Freddie
Company Specialist at Welcome to the Jungle
Insights
13% employee growth in 12 months
Company
Funding (last 2 of 3 rounds)
Nov 2017
$1.1m
EARLY VC
Jun 2017
$0.4m
SEED
Total funding: $3.2m
Company benefits
- Amazing highly motivated colleagues and team members to work with
- You’ll be like any other employee and will join us for our annual company-wide events and be able to meet the rest of the team that’s distributed in Spain , when COVID allows it (health first!)
- Be part of our dynamic, international working environment, with a flat hierarchy and open communication between teams
- Andjoy subscription if you like sports. And we also have a running club!
- Library with plenty of books to choose from. If you can't find anything, let us know what you want and we will add it to the library!
- Free fruit, coffee and tea at the office. Yeah, we know it’s common, but we like to take care of you anyway
Company values
- Practice integrity: Transparency and clarity are two of the cornerstones of our work. We honour our agreements and take 100% responsibility for our actions
- Be humble: We are always looking for new ways to improve, both in our service and as a team. We move away from individualism to achieve the common goal.
- Exceed expectations: We have high standards. We aim to achieve more than 100% of our target. We offer solutions and services of an even better quality than what’s expected of us. We are always ready and never give up
- Give first: We want to support others in their work and contribute to their growth and happiness so that they can realise their full potential
Company HQ
Sant Gervasi - Galvany, Barcelona, CT
Articles
Leadership
Federico Travella
(CEO)Previously the Managing Director at Rocket Internet SE and worked in Business Intelligence & Marketing at Lazada Group. Travella currently sits as an External Expert for the European Commission.
Marc Antoni Macia
(COO)Was the Head of Business Intelligence & Strategy at Westwing Home & Living. Macia also co-founded Pallia in 2012 and is a current Guest Lecturer at EADA Business School and UPF Barcelona School of Management.
Salary benchmarks
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