Credit and Collections Manager, CoreWeave
$120-145k
More information about location
Office located in Sunnyvale, CA
Specialized cloud provider
Be an early applicant
Specialized cloud provider
201-500 employees
Be an early applicant
$120-145k
More information about location
Office located in Sunnyvale, CA
201-500 employees
Company mission
CoreWeave's mission is to deliver a massive scale of GPU compute resources on top of the industry’s fastest and most flexible infrastructure.
Role
Who you are
- 4+ years of experience in Accounts Receivable
- 2+ years of progressive team management experience
- Experience in a high-growth tech company with high-dollar and highly-negotiated B2B contracts
- Prior experience growing remote Accounts Receivable team members
- Strong analytical skills and a driven problem-solver
- Excellent communication skills, both written and verbal
- Bachelor’s Degree or equivalent work experience
- Solid experience with NetSuite and Excel
- Experience implementing new systems to assist with or automate collections and/or cash application processes
- Experience with invoicing customers
- Experience at Manager level or above in a publicly traded high-growth tech company
- Applicants must have work authorization that does not require sponsorship from the company now or in the future
What the job involves
- As the Credit and Collections Manager, you will lead the small and growing Collections team and build processes and policies to scale the team’s activities for this leading company
- You’ll use your experience in collections, credit and cash application to improve CoreWeave’s financial and operational performance and provide greater insight to executives on our performance
- In this role, you will oversee and guide the collections, credit and cash application process, perform collections for major customers, and design, build, and launch new processes and systems
- You will also create reporting on Accounts Receivable-related key metrics, manage the bad debt allowance, and collaborate with and assist the Billing team in enhancing their processes
- Additionally, you will support the month-end close process, participate in the design of SOX controls, perform those controls, and support the audit process
- You will report to the Head of Commercial (Revenue) Accounting
- Lead the Credit and Collections team and its activities, including collection, credit management, and cash application
- Identify process improvements, design solutions, and see those solutions through to successful completion
- Select and implement systems to manage and automate the credit, collections, and cash application activities
- Adjust on a recurring basis our collections strategy with appropriate dunning messages, including deactivation and utilization of third-party collections
- Develop and coach our Collections team members, including both internal and outsourced resources, and hiring future team members
- Lead the cash collection forecasting process
- Build positive relationships with customers and partners
- Propose, implement, report, and improve our Accounts Receivable-related metrics
- Examine and improve our month-end close process related to Accounts Receivable
- Automate processes and partner with other teams to automate joint processes
- Assist in designing SOX controls, as well as implement and perform those controls
- Drive continuous improvement across all Accounts Receivable functions
Our take
Many cloud service providers can suffer from slow prediction speeds when they are used for data modeling. CoreWeave solves this problem with its specialized cloud service provider.
CoreWeave reduces prediction times and makes service requests faster and more efficient. This, in turn, cuts cloud costs considerably. This has proven to be a strong draw for many companies, with CoreWeave signing a lucrative partnership with GPU heavyweight NVIDIA as well as partnering with BitOoda, which has allowed it to expand its operations to the financial market.
However, in 2023 it closed three very significant rounds of funding (Series B and debt and secondary extensions), which is being invested into expanding its US-based data centers, opening two new ones in the coming year. The question remains whether, despite 2023's big investments in the sector, CoreWeave can maintain this momentum and whether generative AI's stock will continue to rise.
Steph
Company Specialist at Welcome to the Jungle
Insights
194% employee growth in 12 months
Company
Funding (last 2 of 5 rounds)
May 2024
$1.1bn
SERIES C
May 2023
$200m
SERIES B
Total funding: $1.7bn
Company benefits
- Medical, dental, and vision coverage
- Life and disability insurance
- Flexible Spending Account
- 401k with employer match
- Flexible PTO
- Catered lunch
- Kinside Childcare Concierge Service
- Gym reimbursement
Company HQ
Civic Center, New York, NY
Leadership
Michael Intrator
(CEO, not founder)Was Principal Portfolio Manager at Natsource Asset Managment for over 15 years. Served as CEO of The Atlantic Crypto Corporation and Hudson Ridge Asset Management.
Salary benchmarks
We don't have enough data yet to provide salary benchmarks for this role.
Submit your salary to help other candidates with crowdsourced salary estimates.
Share this job
View 59 more jobs at CoreWeave