Account Executive, Constrafor
SMB
$175k
OTE
$80-85k
BASE
+ Equity
Construction productivity software and financial services
Open for applications
Construction productivity software and financial services
21-100 employees
Open for applications
$175k
OTE
$80-85k
BASE
+ 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
- 3+ years of direct sales experience ideally selling to small and medium sized businesses
- Optimistic with a strong urge to win
- Prove ability and desire to prospect and hunt for new leads, prospects, and business opportunities
- Experience working in a fast-paced environment, and ability to scale with the organization
- Exceptional relationship-building skills, with the ability to connect at all levels, both internally and externally
- Attention to detail and ability to operate in the weeds without losing sight of the big picture
- Entrepreneurial mindset, able to take initiatives and thrive in a dynamic and ambiguous context with limited direction or oversight
- Exposure to the construction industry is a plus
- Experience selling a financial product is a plus
What the job involves
- Constrafor is seeking a highly motivated Account Executive to drive the growth of our Early Pay Program (EPP) by identifying and creating new opportunities with SMB contractors
- In this role, you will play a key part in expanding our customer base, guiding contractors through the credit eligibility and application process, and serving as their trusted point of contact
- Your responsibilities will include proactively targeting and engaging prospects to drive growth, evaluate and qualify contractors’ credit eligibility, providing expert support to guide prospects on EPP processes, and coordinating applications both internally and with external partners
- From initiating conversations to developing sales best practices, you’ll be a critical contributor to our sales team’s success and the continued growth of the EPP
- Identify new sales opportunities, build relationships, generate interest, and create a sense of urgency for conversion
- Build and manage a pipeline from initial outreach to close of Early Pay Program prospects
- Partner with Constrafor leaders and internal teams to help qualify leads and sales opportunities
- Educate contractor prospects on the benefits of the Early Pay Program by providing online and occasionally in-person demos to decision makers and key stakeholders
- Utilize prospecting and research tools to qualify opportunities; prepare for and book pitch meetings with target prospects
- Conduct cold outreach via email, phone, and social drips using enablement technology to connect with new prospects
- Guide prospects/clients on required documentation for credit underwriting and approval process
- Expedite credit applications and ensuring that turnaround time requirements are met
- Meet and exceed monthly, quarterly and annual sales goals
- Maintain flawless records and pipeline across Sales Tools
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 find itself in substantial demand, It stands out by offering tailored solutions, designed and developed on behalf of these companies. Bolstered by recent funding, secured through a SAFE note, 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
Midtown South, 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.
Salary benchmarks
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