Product Owner – Integrated Payables

This is a fully remote position, open to applicants in California.

📋 Description

• Define, prioritize, and deliver Zact’s accounts payable and business payments product provided by banks to commercial clients.

• Take ownership of the complete Integrated Payables experience and manage the product backlog.

• Develop a comprehensive understanding of accounts payable workflows, the bank distribution model, and the competitive landscape.

• Maintain the product vision while balancing commitments from banks, revenue potential, technical debt, and long-term strategy.

• Convert business requirements into user stories complete with acceptance criteria, workflows, and edge cases.

• Enhance invoice capture and OCR/AI extraction, PIF imports, GL coding, PO matching, approval workflows, and payment authorization processes.

• Facilitate payment execution across virtual cards, ACH, and checks, with a focus on promoting card adoption.

• Manage vendor enrollment, vendor portal, remittance advice, and supplier card acceptance functionalities.

• Establish controls such as role-based permissions, multi-factor authentication, fraud prevention, and audit trails.

• Identify opportunities for AI and automation throughout the payables lifecycle.

• Participate in all Integrated Payables sprint meetings and act as the engineering team’s primary product partner on a daily basis.

• Oversee feature delivery from start to finish, including release planning, progress tracking, dependency management, and resolving blockers.

• Collaborate with engineering on technical design, APIs, data flows, and integrations.

• Coordinate project delivery across processors, card issuing and payment channels, accounting and ERP integrations, and QA.

• Manage delivery risks, issues, scope adjustments, and timeline changes; communicate status updates to leadership, Bank Delivery, and sales teams.

• Accept completed work based on acceptance criteria, lead user acceptance testing, and ensure the quality of releases.

• Manage release readiness, create release notes, product documentation, and enablement content.

• Collaborate with Bank Delivery on bank requirements, implementation schedules, and go-live commitments.

• Engage in bank implementation discussions as the product expert.

• Address bank-reported issues and enhancement requests, incorporating them into the prioritized backlog.

• Collaborate with banks, business customers, sales, and implementation teams to collect feedback, validate solutions, and support demos and opportunities.

• Establish product and delivery metrics to guide prioritization.

⛳️ Requirements

• 5+ years of experience as a Product Owner, Product Manager, or Business Analyst, preferably in B2B SaaS or fintech products.

• Ability to produce clear user stories, acceptance criteria, and functional requirements for intricate workflows.

• Hands-on experience in Agile/Scrum teams, leading backlog refinement, sprint planning, and sprint reviews.

• Comfort in a fast-paced, entrepreneurial environment where priorities shift and taking initiative is crucial.

• Experience managing delivery end-to-end as a Technical Product Manager, TPM, or Product Owner without dedicated project management support.

• Technical fluency in APIs, data models, integrations, and system design.

• Experience in planning releases, managing dependencies across teams and external partners, ensuring timely delivery.

• Proficiency with Agile delivery tools such as Jira or Azure DevOps.

• Strong understanding of accounts payable processes, including invoice capture, coding, approvals, PO matching, and payment runs.

• Working knowledge of B2B payment channels, including virtual cards, ACH, wires, and checks.

• Familiarity with vendor enrollment and card acceptance programs.

• Knowledge of OCR/AI invoice extraction, payment instruction files, and accounting or ERP integrations.

• Understanding of cash- and accrual-based accounting and the flow of AP data to the general ledger.

• Ability to deconstruct complex business problems into clear, actionable increments and make informed prioritization decisions.

• Comfort in working with data to assess product performance and inform decisions; SQL or reporting tool experience is an advantage.

• Strong attention to detail, especially regarding edge cases, exceptions, and controls in financial workflows.

• Ability to collaborate closely with engineering, QA, design, Bank Delivery, sales, and partner teams.

• Excellent written and verbal communication skills.

• Capability to articulate technical concepts to business audiences and business needs to technical teams.

• Ability to engage directly with banks, business customers, and partners to gather requirements and validate solutions.

• BS/BA degree or equivalent professional experience.

• Preferred: prior experience at Bill.com, AvidXchange, or MineralTree.

• Preferred: familiarity with AP automation or payables platforms such as Tipalti.

• Preferred: experience in commercial banking, treasury management, commercial cards, or card processing.

• Preferred: knowledge of fraud prevention, payment security, and compliance requirements in the financial services sector.

🏝️ Benefits

• No benefits, perks, or compensation add-ons are specified in the posting.