Transaction Coordinator, Billd
Payment solutions for subcontractors
Job no longer available
Payment solutions for subcontractors
101-200 employees
Job no longer available
101-200 employees
Company mission
To provide contractors of all sizes access to funds designed for construction so they can take control of their cash flow and build their business on their terms.
Role
Who you are
- The ideal candidate has experience in Finance, Lending, Customer Success, and/or the Construction industry
- Most importantly, the ideal candidate loves helping our customers grow and goes above and beyond to support the Relationship Management team and make sure their requests are filled with urgency and accuracy
- 3+ years in underwriting or contract management roles
- The ability to work in a fast-paced, team-oriented environment across different functional departments includes sales teams, finance, legal and compliance, and customer care
- Urgency is critical in this role, ability to act with urgency and tactful follow up via phone, email and text
- Excellent communication skills
- Preferred to have familiarity with technology tools used by the company such as Salesforce, Box, Microsoft Office Suite, LexisNexis, Experian credit reports
What the job involves
- Billd is looking for a Transaction Coordinator to handle a critical part of Billd’s operations: processing and managing the day-to-day deal flow from contractors
- The Transaction Coordinator team is the heartbeat of the business and works hand-in-hand with our Relationship Managers and Sales Operations on a daily basis to process material purchases and pay app advance requests
- Underwrite daily financing requests for funding: this includes reviewing purchase statements, checking invoices and Pay Applications for accuracy, connecting with and setting up new supplier accounts and/or general contractor accounts, and completing critical due-diligence steps along the way
- Work cross-functionality with tangential departments to provide real-time updates on financing due diligence & payment statuses
- Maintain detailed notes and updates on all financing requests to ensure all required documents, projects, and purchase requests are accurate and up to date at any given time
- Perform advanced due diligence to mitigate fraud and improve anti-fraudulent controls
- Work in close coordination with Credit Department to improve Credit Policy and reduce overall Credit Losses
- Set up projects and financings upon request
- Support and contribute to the department's process improvement
- Provide cross product coverage when needed within the department
- Effectively triage decisions that require escalation to administrative review
- Support internal projects; such as internal audits and updates to the internal, contractor, and supplier procedures
Our take
Gaps in funding can cause considerable issues for contractors, including late payroll and bill payments, as well as missing out on projects entirely as they struggle to balance the books and buy materials. Reports suggest that more than 45% of contractors struggle to maintain adequate cashflow.
Billd is a company that allows contractors to finance materials from any supplier, with longer loan terms than is standard in the industry. This can help contractors pay for the materials they need while avoiding slowdowns in cashflow. Equally, the solution allows suppliers to be more competitive by bringing more payment options to the table.
Billd works with thousands of contractors across the United States, as well as regional and national materials suppliers. The company has exceeded revenue expectations and continues to grow, with new products and partnerships in the pipeline. It has also raised significant funds to support growth as well as expansion of its product suite.
Freddie
Company Specialist at Welcome to the Jungle
Insights
Few candidates hear
back within 2 weeks
8% employee growth in 12 months
Company
Funding (last 2 of 3 rounds)
Oct 2024
$17.5m
LATE VC
Jul 2021
$30m
SERIES B
Total funding: $107.5m
Company benefits
- Top-of-the-line health plans
- Unlimited PTO
- Healthy snacks and weekly catered lunches
- Dog-friendly workspace
- Onsite gym
- Training and development
- Parental and family leave
- Retirement savings
Company values
- Grit. Our team hustles. We go above and beyond for our customers and team to do what needs to be done. It may take three or four extra steps but if that is what it takes to take care of the customer or drive an initiative, we do it. To have grit means you have courage and show the strength of your character. A person with true grit has passion and perseverance
- Selfless. It’s all about the mission, the team, and our customers. If you only look out for yourself, this is not a company for you. Being selfless builds a trust that the team has your back, and makes our mission, team, and customer better
- Always Better. The status quo isn’t good enough. We want our employees to challenge the way things were done, bring better solutions to the table, and drive their change. There is never an end, we will always be better. To be always better means you are in constant pursuit to learn and never accept what you have accomplished or built thus far is a finished product
Company HQ
North Shoal Creek, Austin, TX
Articles
Leadership
Christopher Doyle
(Co-Founder & CEO)After working as Project Manager for Royce Builders, Southwest Construction Services, Institute for Building Technology & Safety, they were the Chief Commercial Officer for Dividend Finance. They then founded Site Capital.
Jesse Weissburg
(Co-Founder & CCO)After working as VP of Client Management at the Bank of America, they became Director of Sales and Strategic Partnerships at Gridskipper. They then worked as Director of Sales and Business Development at Dividend Finance before co-founding Billd.
Salary benchmarks
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