Mercury

Head of Accounting Partnerships

New York, New York, United States

Not SpecifiedCompensation
Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
Financial Services, Accounting SoftwareIndustries

Requirements

The ideal candidate should possess 10+ years of experience in relevant fields such as product, strategic partnerships, business development, strategy, and sales/relationship management, with a proven track record in forging relationships within strategic partners and engaging with senior management at target organizations. Extensive experience in establishing and leading successful accounting partnership programs is required, along with skills in managing large-scale, diverse, and strategically significant partner relationships and identifying and cultivating new opportunities, including strategy development, partner sourcing, product collaboration, and market execution.

Responsibilities

As the Head of Accounting Partnerships, the role involves developing and implementing the Accounting Partnerships program, establishing and directing its overarching strategy, building this new discipline within Mercury, and ensuring its initial success and sustainable growth. The responsibilities also include identifying and prioritizing partnership opportunities that provide maximal value and benefit to Mercury, serving as a product expert, well-versed in how accountants and bookkeepers will use Mercury, bringing feedback on opportunities and pain points to the product team, and leading cross-functional teams to ensure partner and initiative success. Furthermore, the role entails managing the entire partner lifecycle, from initial exploration to continuous relationship management, innovating in partnership thought leadership, and owning end-to-end relationships with key partners while maintaining senior executive-level contacts.

Skills

Partnership Development
Accountant/Bookkeeper Industry Knowledge
Negotiation
Stakeholder Management
Strategic Planning
Product Feedback & Improvement

Mercury

Banking services for startups and founders

About Mercury

Mercury provides banking services specifically designed for startups, regardless of their size or stage of development. Their offerings include free checking and savings accounts, debit and credit cards, and options for domestic and international wire transfers, as well as treasury and venture debt services. The platform is user-friendly, allowing founders to manage their finances with ease. What sets Mercury apart from traditional banks is its focus on the startup community, offering programs that connect founders with valuable resources and advice to help them succeed. The goal of Mercury is to empower startups by providing them with the financial tools and support they need to grow and thrive.

San Francisco, CaliforniaHeadquarters
2017Year Founded
$146.8MTotal Funding
DEBTCompany Stage
Fintech, Financial ServicesIndustries
1,001-5,000Employees

Benefits

Health, dental, & vision
Custom equipment setup
401(K) matching
12+ weeks paid parental leave
Book budget
Wellness benefits
Grocery budget
Paid lunch
Personalized callsign
Unlimited vacation policy (with mandatory minimum)

Risks

Mercury's decision to stop serving certain countries may lead to customer loss.
Integration challenges from the Teal acquisition could disrupt services.
Expansion into consumer banking might divert focus from core startup services.

Differentiation

Mercury offers both business and personal banking services, unlike many fintech competitors.
The company provides integrated financial management tools, enhancing startup operational efficiency.
Mercury's Raise program connects startups with investors, mentors, and other founders.

Upsides

Mercury secured a $100 million credit warehouse to expand its credit card business.
The acquisition of Teal enhances Mercury's financial management offerings for startups.
Mercury Personal expands market reach by attracting tech-savvy individuals.

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