Check

Account Executive

New York, New York, United States

Check Logo
Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Fintech, Financial Services, PaymentsIndustries

Requirements

Candidates should possess 5+ years of enterprise sales, business development, or partnerships experience in a technology company, with FinTech experience being preferred. They should have direct experience closing growth accounts involving 6+ month-long sales cycles, experience building relationships with C-level executives, and managing accounts with multiple stakeholders.

Responsibilities

The Account Executive will identify and acquire strategic partners whose strategies align with Check’s, sign multi-million dollar strategic accounts, and build the foundations of the sales strategy. They will support all aspects of deal execution, including prospecting, outbound efforts, sales execution, internal management, negotiations, and contract execution, and develop account plans for winning and expanding a book of business. Additionally, they will develop outbound strategies to create and nurture opportunities, work with stakeholders across the Check organization, and develop relationships with executive stakeholders at new accounts, while also leading complex product workshops and financial analyses.

Skills

Enterprise Sales
Business Development
Partnerships
Account Management
Stakeholder Engagement
Negotiation
Contract Management
Outbound Sales Strategies
C-Level Relationship Building
Complex Sales Motion Management

Check

Provides embedded payroll services for software platforms

About Check

CheckHQ offers embedded payroll services tailored for software platforms in the fintech sector. Their primary product is a payroll system that can be integrated into existing software, allowing businesses to create and manage their own payroll services. This integration helps platforms like Homebase and Housecall Pro enhance their offerings, leading to increased revenue and improved customer retention. Unlike traditional payroll providers, CheckHQ focuses on partnerships, supplying the necessary back-end technology while the partner platforms handle the customer-facing aspects. This approach enables quicker market entry and scalability, making it easier for platforms to add payroll services without significant upfront investment. The goal of CheckHQ is to empower software platforms to diversify their services and boost customer engagement through effective payroll solutions.

Key Metrics

New York City, New YorkHeadquarters
2019Year Founded
$116.7MTotal Funding
SERIES_CCompany Stage
Enterprise Software, FintechIndustries
51-200Employees

Benefits

Home office stipend: $1k stipend for your home office setup, and $100 per month for internet and cell.
PTO & sick leave: Recharge and stay healthy with flexible PTO and sick leave.
Learning budget: Buy books, take classes, and attend conferences with a $2k per year learning budget.
Weekly pay: Every Friday is payday! Just one perk of being your own payroll provider.
Paid family leave: 16 weeks of paid leave for new parents and flexible return-to-work options.
Health benefits: High quality health, dental, and vision insurance coverage.

Risks

Increased competition from new entrants may lead to pricing pressures and reduced market share.
Managing payroll across 11,000 jurisdictions risks compliance errors and potential legal penalties.
Reliance on partner platforms means disruptions could directly impact Check's revenue streams.

Differentiation

Check pioneered embedded payroll, allowing platforms to create custom payroll services.
Check's API simplifies payroll across 11,000 U.S. jurisdictions, reducing administrative burdens.
Check partners with leading platforms like Homebase and Bambee, enhancing their payroll offerings.

Upsides

Partnership with Wave expands Check's reach to 300,000 small businesses across the U.S.
Fraud protection tools enhance Check's value proposition for small and medium-sized businesses.
Novo's integration of Check's API highlights the trend of embedded finance, boosting customer retention.

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