What are the responsibilities and job description for the VP of product management payments position at Acumatica?
Company Description
Acumatica is a company on a mission. We are a leading innovator in cloud ERP (Enterprise Resource Planning) with customers worldwide. But don’t take our word for it—read what analysts like G2 and Info-Tech have to say about us.
Acumatica is different by design and purposely built to help small and midsized companies thrive in today’s digital economy. Our industry-specific business management solution is engineered to address real-world needs—featuring intelligent workflows and market-leading usability that enable companies to manage risk, anticipate disruption, and seize new opportunities. Our principled business practices, growth-friendly licensing, and flexible deployment options put organizations in control of their own future.
We recognize that no business succeeds alone, and that’s why Acumatica is more than a product—it’s a thriving community of partners, customers, and creators committed to delivering technology that enables tomorrow’s leading companies to innovate, collaborate, and grow on their terms. We’re a community working to continuously seek out better ways to work and to build the future of business, together.
Acumatica is owned by EQT Partners, one of the world’s leading investment companies.
Acumatica’s culture is casual and high-energy. We are passionate about our product and our mission, and we are loyal to each other and our company. We value work/life balance, efficiency, simplicity, freakishly friendly customer service, and making a difference in the world. Acumatica offers exceptional professional and financial growth potential.
To learn more about Acumatica’s mission, please visit: http://www.acumatica.com.
Job Description
We are seeking an experienced and visionary VP of Product Management to lead our payments solutions group. The ideal candidate will have extensive experience in monetizing payments in business software systems for both inbound customer payments via credits cards and electronic funds and outbound AP supplier payment. This role requires a strategic thinker who can develop and execute a comprehensive product and go-to-market strategy for all payment solutions. This role reports to our Chief Product Officer.
Key Responsibilities
Acumatica is an Affirmative Action and Equal Opportunity Employer/Veterans/Disabled. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.
If you have a disability and you believe you need a reasonable accommodation in order to search for a job opening or to submit an online application, please e-mail HR@acumatica.com. This email is created exclusively to assist disabled job seekers whose disability prevents them from being able to apply online. Only emails sent for this purpose will be returned. Emails sent for other purposes, such as following up on an application or technical issues not related to a disability, will not receive a response.
For this role, the salary range is $225,000 to $260,000 annually. This range represents the low and high end of the salary range for this job and may vary based on location. The actual salary offer will carefully consider a wide range of factors, including skills, qualifications, experience and other relevant elements.
At Acumatica, certain roles are eligible for additional rewards, including annual bonus and stock. These awards are allocated based on individual performance. In addition, certain roles also have the opportunity to earn sales incentives based on revenue or utilization, depending on the terms of the plan and the employee’s role.
Acumatica is a company on a mission. We are a leading innovator in cloud ERP (Enterprise Resource Planning) with customers worldwide. But don’t take our word for it—read what analysts like G2 and Info-Tech have to say about us.
Acumatica is different by design and purposely built to help small and midsized companies thrive in today’s digital economy. Our industry-specific business management solution is engineered to address real-world needs—featuring intelligent workflows and market-leading usability that enable companies to manage risk, anticipate disruption, and seize new opportunities. Our principled business practices, growth-friendly licensing, and flexible deployment options put organizations in control of their own future.
We recognize that no business succeeds alone, and that’s why Acumatica is more than a product—it’s a thriving community of partners, customers, and creators committed to delivering technology that enables tomorrow’s leading companies to innovate, collaborate, and grow on their terms. We’re a community working to continuously seek out better ways to work and to build the future of business, together.
Acumatica is owned by EQT Partners, one of the world’s leading investment companies.
Acumatica’s culture is casual and high-energy. We are passionate about our product and our mission, and we are loyal to each other and our company. We value work/life balance, efficiency, simplicity, freakishly friendly customer service, and making a difference in the world. Acumatica offers exceptional professional and financial growth potential.
To learn more about Acumatica’s mission, please visit: http://www.acumatica.com.
Job Description
We are seeking an experienced and visionary VP of Product Management to lead our payments solutions group. The ideal candidate will have extensive experience in monetizing payments in business software systems for both inbound customer payments via credits cards and electronic funds and outbound AP supplier payment. This role requires a strategic thinker who can develop and execute a comprehensive product and go-to-market strategy for all payment solutions. This role reports to our Chief Product Officer.
Key Responsibilities
- Product Strategy: Develop and implement a business and product strategy that encompasses all aspects of payment solutions, including credit card and ACH payments, outbound payments for accounts payable to suppliers, and expense reimbursements.
- Go-to-Market Strategy: Create and execute a go-to-market strategy for payment solutions, ensuring alignment with business objectives and market opportunities.
- Partnership Development: Identify and establish strategic partnerships to enhance product offerings and expand market reach.
- Product Delivery: Oversee the product development lifecycle, ensuring timely and high-quality delivery of payment solutions.
- Revenue Generation: Drive revenue growth by leveraging payment solutions, ensuring they contribute significantly to the company's financial performance.
- Market Research: Conduct in-depth market research to understand customer needs, industry trends, and competitive landscape.
- Stakeholder Communication: Communicate product vision, strategy, and progress to stakeholders, including executives, customers, and partners.
- Team Leadership: Lead and mentor a team of product managers, fostering a culture of innovation and excellence.
- Education: Bachelor's degree in Business, Computer Science, or related field. MBA or advanced degree preferred.
- Experience:
- Minimum of 10 years of product management experience, with at least 5 years in the payments industry.
- Proven track record in leading payment systems monetization efforts for both inbound and outbound payments
- Experience working for a software publisher that monetizes payments and has generated significant revenue from payment solutions.
- Skills:
- Strong strategic thinking and analytical skills.
- Excellent communication and interpersonal skills.
- Proven ability to lead cross-functional teams and drive product success.
- Deep understanding of payment systems, gateways, and regulatory requirements.
- Experience with business software and its application in payment solutions.
Acumatica is an Affirmative Action and Equal Opportunity Employer/Veterans/Disabled. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.
If you have a disability and you believe you need a reasonable accommodation in order to search for a job opening or to submit an online application, please e-mail HR@acumatica.com. This email is created exclusively to assist disabled job seekers whose disability prevents them from being able to apply online. Only emails sent for this purpose will be returned. Emails sent for other purposes, such as following up on an application or technical issues not related to a disability, will not receive a response.
For this role, the salary range is $225,000 to $260,000 annually. This range represents the low and high end of the salary range for this job and may vary based on location. The actual salary offer will carefully consider a wide range of factors, including skills, qualifications, experience and other relevant elements.
At Acumatica, certain roles are eligible for additional rewards, including annual bonus and stock. These awards are allocated based on individual performance. In addition, certain roles also have the opportunity to earn sales incentives based on revenue or utilization, depending on the terms of the plan and the employee’s role.
Salary : $225,000 - $260,000
