Senior Product Manager

Posted Yesterday
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Hiring Remotely in Toronto, ON
In-Office or Remote
160K-180K Annually
Senior level
Software
The Role
Lead the development and management of automated accounts receivable products, conducting research, collaborating across teams, and driving product strategy.
Summary Generated by Built In
About Versapay 🚀

Versapay turns accounts receivable (AR) into a competitive advantage.

Inefficient AR processes slow cash flow and stall growth. Versapay removes friction, unlocks working capital, and accelerates momentum — giving finance leaders the clarity and control they need to drive business forward.

Versapay automates accounts receivable, removing barriers to collecting and reconciling B2B payments. Our solutions connect finance teams, customers, and business systems in one ecosystem to ensure cash flow clarity. With over 10,000 customers and 5M+ companies transacting on the platform, Versapay processes over 110M transactions and $257B annually.

Think you might be the next Veep to join? Read on!!




How you’ll make a big impact here – and on your career:
 
As a Senior Product Manager on the Versapay product team, you will take ownership of our automated accounts receivable offering. Financial teams struggle with fragmented processes, relying on disconnected tools that create reconciliation challenges and operational bottlenecks. In this role, you’ll build a comprehensive suite of capabilities that automate AR team operations, accelerating cash flow management.

You will be responsible for leading a cross-functional group of engineering, design, and go-to-market team members to meet the needs of our customers and our business. At the same time, you’ll be expected to foster a high-performance culture and promote excellence of the craft of Product Management across the company.

This role is designed to drive change, both in AR team behaviour and internal operational processes, which means that a great candidate remains effective while being flexible and agile. You’ll use your intellectual curiosity, passion for product and bias toward action to steer strategy.

What you'll do:

  • In this role, you will be responsible for delivering brand-new products, driving data-led experiments and iterating existing experiences. We want to find someone who is curious, can learn quickly, think creatively, and work collaboratively.
  • User Research and Analysis: Conduct user research to understand customer needs, behaviors, and pain points. Analyze data to inform product decisions and improve user experience. Conduct in-depth market research and user analysis to identify opportunities for payments products.
  • Unify product strategy: Set the vision and direction for the product. Identify opportunities for cross-product collaboration, standardization and unification of various product lines and execute agreed-upon strategies. Own the Product Line Operating Reviews on a quarterly basis.
  • Own the Product Development Life Cycle: Lead product end-to-end as part of dedicated squads throughout the entire development cycle, including top-end discovery and go-to-market.
  • Be the expert on the product and customer: Know the product inside and out and understand who is using it and what they need to accomplish. Participate in market and technical design sessions, prototypes, and iteration planning meetings to build a product high in utility and adoption.
  • Collaborate across a complex cross-functional environment: Lead and influence across teams to ensure alignment and prioritization, ultimately resulting in timely tactical decision making to advance our objectives.
  • Identify progressive product features leveraging forward thinking technology, data, and tools, including ML or AI, that will provide a significantly differentiated value to the Versapay network suppliers and buyers helping them to drive significant efficiencies in accounts receivables.
  • Drive progress: Lead the development process from ideation to launch, including requirement gathering and product requirement documents, technical specifications, user testing, and launch strategy. Define and prioritize the product/feature backlog, develop epics, and write user stories. Create customer facing and internal documents, presentations, articles, and training.
  • Continuous Improvement: Foster a culture of continuous improvement by regularly seeking user feedback, conducting usability studies, and staying up-to-date with UX best practices and methodologies.

What you'll bring to the team:

  • 5+ years of experience in product management
  • Bachelor's Degree in related field and/or relevant professional experience
  • Experience working in B2B, fintech, or payments processing space
  • Experience with the following: Jira, SQL, Product Analytics tools (like Heap, Mixpanel, and/or Amplitude)
  • Proven track record of successfully launching and managing payments products in a competitive environment. Built APIs, products and complex systems at scale
  • Passionate about your customers and advocating for what is best for them.
  • “Builder” Mentality: Entrepreneurial and scrappy mindset. Ability to thrive in ambiguous environments with a track record of defining and executing net new initiatives. A desire to solve problems with no obvious path forward.
  • Excellent communication skills, both written and verbal, along with experience presenting to C-level leadership and managing stakeholders. Ability to communicate both persuasively and collaboratively across partners to deliver outstanding results. Demonstrated ability to distill complexity for both technical and business audiences.
  • Possess deep analytics thinking and proven ability to interpret information to inform decision-making.

What will make you stand out:

  • Ability to use an API client like Postman/Insomnia to verify API interactions.
  • Ability to query databases to inspect/interpret data
  • Possesses a system thinking skill set and mind set to the functional design of the product

#LI-Remote

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.

Top Skills

Amplitude)
JIRA
Mixpanel
Product Analytics Tools (Heap
SQL
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The Company
Miami, Florida
304 Employees
Year Founded: 2006

What We Do

Versapay is focused on changing the way companies do business together by offering Customer-Centric Order-to-Cash solutions for mid-market and enterprise businesses. We help our clients offer a superior customer experience, enabling CFOs to accelerate cash conversion, reduce costs, and eliminate paper, checks and manual business processes. Based in Toronto with offices in Atlanta, Cleveland, Baltimore and Las Vegas, Versapay is owned by Great Hill Partners, a Boston-based technology investment firm.

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