Controller & Treasury Ops, Constrafor
$175-190k
+ Equity
Construction productivity software & financial services
Be an early applicant
Construction productivity software & financial services
21-100 employees
Be an early applicant
$175-190k
+ 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
- Bachelor's degree in Accounting, Finance, or a related field
- 4+ years of experience in treasury operations, accounting, or a related finance function; experience in fintech, factoring, or asset based lending is a plus
- Strong understanding of cash management, funding processes, and reconciliation procedures
- Working knowledge of general accounting principles (GAAP) and experience with journal entries and month end close
- Experience or strong interest in working with Product and Engineering teams to build or improve automated financial workflows
- Highly detail oriented, with strong organizational skills and a commitment to accuracy
- Comfortable working with high transaction volumes and tight daily deadlines
- Proficiency with accounting and treasury tools (e.g., QuickBooks, NetSuite, or similar ERP systems) and strong Excel skills
- Ability to work cross functionally with Credit, Risk, Product, Engineering, and Finance teams
- Experience working in a startup or high growth environment is strongly preferred
- Strong analytical and problem solving skills with sound judgment and a proactive approach to identifying issues
What the job involves
- As Controller & Treasury Ops Manager at Constrafor, you'll sit at the center of how money actually moves through our business
- You'll manage the daily mechanics of our Early Pay Program, funding customers through our invoice factoring product, reconciling transactions, and keeping our books accurate as we scale
- Beyond the day to day, you'll partner closely with Product and Engineering to automate and streamline our payment operations, replacing manual processes with scalable systems as transaction volume grows
- This is a hands on role for someone who wants precision and process to matter, in a company where the stakes and the pace are both real
- You'll work closely with Credit, Risk, and Finance leadership to make sure every dollar that moves through our facilities is accounted for, reconciled, and reported accurately, giving the company a rock solid financial foundation to grow on
- Execute daily funding transactions for Constrafor's Early Pay Program (EPP), moving capital from credit facilities to fund customer invoices on our invoice factoring product
- Own treasury operations from start to finish, including cash positioning, funding schedules, and coordination with credit facility providers
- Partner with Product and Engineering to identify manual payment and funding workflows and drive automation, improving speed, accuracy, and scalability as volume grows
- Perform daily, weekly, and monthly reconciliations across bank accounts, facility ledgers, and internal systems to ensure accuracy and identify discrepancies quickly
- Maintain accurate records related to EPP transactions, including journal entries, accruals, and general ledger postings
- Support month end and year end close processes, including account reconciliations, variance analysis, and reporting
- Monitor facility covenants, borrowing base calculations, and funding availability to ensure compliance with credit agreements
- Partner with Risk and Credit teams to ensure funded transactions align with underwriting and approval requirements
- Identify and resolve discrepancies between internal records, bank statements, and facility reporting in a timely manner
- Help build and improve treasury and accounting processes, controls, and documentation as the company scales
- Support internal and external audits by preparing schedules, reconciliations, and supporting documentation
- Maintain strong working knowledge of company policies and procedures related to funding, disbursements, and cash controls
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.
The platform 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, with the company making its money by taking in about 2% of the value of the invoice.
Its a valuable offering, and Constrafor finds itself in substantial demand, standing out for offering tailored solutions that are designed and developed on behalf of these companies. With good funding at its back, the company can continue elevating its operations as it continues to support 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
- Opportunity for equity ownership in Constrafor
- Hybrid work
- Medical, dental, and vision insurance for you and your dependents
- Generous PTO
- Collaborative and innovative work environment that values your input
- 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.
Douglas Reed
(CTO & Co-Founder)Strategic Advisor at Attorney Alert. Former CTO of TrueFacet and Lead Platform Developer at Honest Buildings.
Salary benchmarks
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