Chief Financial Officer

Justi Fi empowers vertical SaaS platforms and Franchise company networks to easily offer embedded payments and other fintech products by providing white-label infrastructure helping them monetize and grow revenue without building complex systems themselves.

As a registered Payment Facilitator, Justi Fi underwrites and manages a multi-mid architecture processing billions of dollars annually.

Headquartered in St. Paul, MN, the organization has a tight-knit culture and has been exceptional in getting new products to market. Employees are empowered to manage and optimize customer relationships, improve operational efficiency, and identify new and innovative solutions to support customers and fuel the company’s goals. Non-MN candidates will be considered for the role with the expectation of monthly visits to the MN office.

Justi Fi is backed by top tier venture capital investors, including Emergence Capital, Rally Ventures, and Crosslink Capital. The CFO will have significant direct exposure to the investors and board of directors as well as own our sponsor bank relationship.

POSITION SUMMARY

The Chief Finance Officer will provide leadership in the finance, business planning and systemizing, accounting, budgeting, risk management, and legal efforts of the company. The CFO will ensure Justi Fi’s financial operations are strictly adhered to with a focus on compliance, fraud prevention and efficiency. As a member of the executive management team, the CFO will participate in strategy planning, assist in the development and evaluation of key initiatives and will lead the company to meet their goals.

The Chief Financial Officer will report to the CEO and will oversee a 5-person team comprised of one finance and four credit & risk team members.

THE PERSON

The ideal candidate will have a track record of leading finance in the payments industry and venture backed startup ecosystem. Experience in the payment industry is a must with a desire to maintain a constant, proactive eye on compliance and operational excellence in our highly regulated financial environment. They will also be a strategic thinker as a contributing member of the Executive Team to advise on the best course of action driving decisive action to accelerate the business’ growth trajectory overall.

KEY RESPONSIBILITIES

• In conjunction with the management team and Board of Director, establish goals and objectives for the company;

• Ensure the company’s financial stability and help the management team quantify the impact of strategic and operating plans;

• Define and execute strict financial operations to ensure compliance and fraud prevention;

• Efficiently manage the administrative functions of the company, including finance, accounting, and legal;

• Own and nurture the relationship with our sponsor banks and omni-channel partners;

• Identify and assist in prioritizing business initiatives, levers and paths that increase shareholder value;

• Ensure efficient and effective performance in all aspects of finance and accounting including timely month-end and year-end processing, accounts receivable and accounts payable;

• Develop, analyze and present financial reports in an accurate and timely manner, clearly communicate monthly and annual financial statements; provide accurate, concise and insightful reporting and forecasting of the financial position of the company; ensure the management team and Board of Directors are apprised of potential financial results

• Coordinate and lead the annual audit process, liaise with external auditors and the finance committee of the Board of Directors; ensure compliance with tax and regulatory agencies;

• Manage all third-party relationships with lenders and prospective investors;

• Oversee and lead the budgeting and planning process; develop and review the financial plans, budgets and forecasting;

• Develop and maintain a robust contracts management and financial management reporting system;

• Effectively communicate and present financial matters to the Board of Directors;

• Continuously update and implement all necessary business policies and accounting practices to improve performance and respond to the changing needs of the…