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

Head of Accounting Partnerships

Salary: Location Type: Employment Type:

Position Overview

We are seeking an exceptional Head of Accounting Partnerships to scale our ecosystem of accounting partners and establish an industry-leading partner program. This pivotal role is responsible for developing and nurturing both new and existing relationships with key accounting partners that drive new customers to Mercury. It's a critical position in our partnership strategy, focused on identifying and cultivating high-impact relationships, engaging prospective partners, and negotiating alliances that drive significant growth for Mercury.

The ideal candidate will not only develop a comprehensive accounting partnership strategy but also adeptly coordinate with internal and external stakeholders to bring this vision to life. We're seeking someone with substantial industry acumen and a proven track record in building out successful accounting partner programs.

This person will have plenty of experience evaluating market dynamics while sourcing, scoping, negotiating, managing, and growing partner relationships. We need someone who will be comfortable engaging with, presenting to, and influencing executives to advance our team's objectives. Joining the team means being part of a dynamic, driven, and forward-thinking group that embraces change and sees growth opportunities in business challenges.

Responsibilities

  • Develop and implement the Accounting Partnerships program, establishing and directing its overarching strategy.
  • Build this new discipline within Mercury, guaranteeing both the program's initial success and its sustainable growth.
  • Identify and prioritize partnership opportunities that provide maximal value and benefit to Mercury.
  • Be a product expert, well-versed in how accountants and bookkeepers will use Mercury.
  • Bring feedback on opportunities and pain points to the product team, improving Mercury’s features and creating more amazing user experiences.
  • Forge and nurture influential relationships with both internal and external stakeholders, driving key team and organizational initiatives.
  • Lead cross-functional teams including product, engineering, design, legal, finance, and analytics, often without explicit authority, in order to ensure the success of your partners and initiatives.
  • Manage the entire partner lifecycle, from initial exploration and negotiation to partnership signing, launch, and continuous relationship management.
  • Innovate in partnership thought leadership, exploring new operational models and commercial strategies to foster market growth and mutual benefits.
  • Own end-to-end relationships with key partners and maintain senior executive-level contacts.

Requirements

  • 10+ years of experience in relevant fields, including product, strategic partnerships, business development, strategy, and sales/relationship management.
  • 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.
  • Skilled in managing large-scale, diverse, and strategically significant partner relationships.
  • Proficient in identifying and cultivating new opportunities, including strategy development, partner sourcing, product collaboration, and market execution.
  • Strong capabilities in relationship management, fostering genuine connections with partners.
  • Expertise in navigating ambiguous challenges and scaling solutions effectively.
  • Highly entrepreneurial and comfortable working in a fast-paced environment with the ability to thrive under minimal guidance.
  • Possesses a keen understanding and intuition for product development and improvement.
  • Deep passion for technology, startups, and aiding the growth of early-stage companies.
  • Innate curiosity and skill in identifying and addressing the needs of strategic partners.
  • Clear and purposeful communication skills, both in writing and verbally.
  • Open to giving and receiving feedback.

Application Instructions

Please provide your application.

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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