Staff Product Manager (Finance Experience) at Back Market

London, England, United Kingdom

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

E-commerce, TechnologyIndustries

Requirements

Over 6 years of experience in product management, focusing on finance and data-related challenges (extra credit for experience in the marketplace sector)
Strong data expertise: ability to gather data from multiple sources and ensure its accuracy and quality by cleaning and processing it to extract meaningful insights (extra credit for experience with BigQuery)
Comprehensive understanding of finance processes and payment processing: eager to address issues related to the payment lifecycle (creation, authorization, capture, settlement) and reconciliation
Very good written and verbal communication skills: capable of articulating strategies and priorities to senior teams (Head Of, Directors, C-Level) with tactical insights, and providing engineering teams (Engineering Manager, Backend, Staff) with clear and detailed product and technical specifications
High-reaching drive: operate in a dynamic environment with ambitious priorities
Hands-on with acute attention to detail
Blend of technical and functional expertise, data proficiency, business acumen and a strong understanding of accounting constraints

Responsibilities

Leading and facilitating brainstorming sessions when launching a new product and its monetization strategy - then refining, experimenting and building on these initial ideas to ensure well-defined reconciliation processes that anticipate the company's growth and needs
Monitoring key performance indicators related to unmatched money, making sure we identify, report and match every transaction between cash and invoicing worlds (i.e., between Payment Service Providers and Back Market systems)
Developing features and capabilities to support the invoicing process: starting from helping other Back Market teams with proof of concepts and progressing to implementing a large-scale invoicing and reconciliation system that operates without manual intervention from the Finance team
Helping to ensure that Back Market and its services comply with tax and compliance laws across all markets: from VAT collection in Europe to sales tax distribution in the US, and preparing for new regulations such as electronic invoicing set to be implemented in 2026
Working closely with cross-functional partners - mostly Finance, Product and Engineering teams - to define ambitious roadmaps, assess technical capabilities, prioritize projects for release and identify new opportunities
Engaging in the Product Department's activities, helping to establish best practices and workflows while mentoring team members across different functions
Leading the financial systems product area that takes care of the accounting processes for Back Market to align pay-in and payout providers across 18 markets, 6 currencies and various legal entities, while also supporting Back Market for upcoming legal compliance and invoicing automation processes

Skills

Product Management

Accounting

Financial Systems

Reconciliation Processes

Payment Providers

Invoicing Automation

Legal Compliance

Data Proficiency

KPI Monitoring

Monetization Strategy

Back Market

Global marketplace for refurbished electronics

About Back Market

Back Market is a global marketplace that specializes in selling refurbished electronic devices. The company partners with professional refurbishers to ensure that each device meets strict quality and performance standards. By focusing on refurbished technology, Back Market aims to promote sustainability and reduce electronic waste, appealing to environmentally conscious consumers and budget-savvy shoppers who want high-quality tech at lower prices. The platform operates in multiple countries and uses a thorough vetting process to ensure the reliability of its products. Back Market's business model is commission-based, earning revenue from transactions on its platform, which allows for efficient scaling while maintaining quality control. Additionally, the company values work-life balance and flexibility for its employees, fostering a positive work environment.

Paris, FranceHeadquarters

2014Year Founded

$991MTotal Funding

SERIES_ECompany Stage

Consumer Software, Social Impact, Consumer GoodsIndustries

501-1,000Employees

Benefits

Health Insurance

Flexible Work Hours

Remote Work Options

Paid Vacation

Parental Leave

401(k) Retirement Plan

401(k) Company Match

Mental Health Support

Company Equity

Paid Sick Leave

Paid Holidays

Hybrid Work Options

Wellness Program

Professional Development Budget

Conference Attendance Budget

Home Office Stipend

Phone/Internet Stipend

Risks

Increased competition from new entrants like Swappa and Decluttr threatens market share.

Consumer skepticism towards refurbished electronics remains a significant challenge.

Economic downturns can reduce consumer spending on electronics, impacting sales.

Differentiation

Back Market focuses on sustainability by promoting refurbished electronics to reduce e-waste.

The company collaborates with professional refurbishers to ensure high-quality standards.

Back Market operates in 13 countries, offering a global reach for refurbished electronics.

Upsides

Back Market raised $510 million, valuing it at $5.7 billion in January 2022.

The European Union's Right to Repair legislation boosts demand for refurbished electronics.

The global refurbished smartphone market is projected to grow significantly by 2024.

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