Senior Billing & Collections Specialist, Wiz
$96-132k
+ Equity Plan
Cloud security company
Be an early applicant
Cloud security company
501-1000 employees
Be an early applicant
$96-132k
+ Equity Plan
501-1000 employees
Company mission
To help organizations create secure cloud environments that accelerate their businesses.
Role
Who you are
- BA / BS in accounting or finance preferred
- Over 3 years of practical experience managing the full accounts receivable cycle, with a strong focus on accuracy and a proactive approach to resolving issues
- High attention to detail with excellent organizational and follow-up skills
- Strong understanding of AR and collections best practices and internal controls
- Experience working with ERP systems, preferably NetSuite
- Proficient in Microsoft Excel and comfortable with data analysis
- Ability to prioritize tasks and manage time effectively in a fast-paced environment
- Strong interpersonal and communication skills, both written and verbal
- Ability to build positive relationships with customers and internal teams
What the job involves
- We are seeking a talented Senior Billing & Collections Specialist to join our finance team in the New York office
- This role will support the Accounts Receivable process, including collections, customer billing, and close communication with customers
- This position reports to the Finance Operations Manager and involves strong collaboration with finance team members and customer representatives
- This is a hybrid position, requiring regular in-office presence in New York
- We are focused on candidates located in the New York Metro area but could consider East Coast-based as well
- Ensure payments are received and applied in a timely manner in NetSuite and maintain clean AR records
- Proactively follow up with customers on past due accounts via email and phone and monitor the aging reports
- Maintain thorough and up-to-date collection notes and documentation in NetSuite
- Research and resolve invoice discrepancies or customer disputes in a timely and professional manner
- Collaborate with internal stakeholders such as Sales, Customer Success, and Legal to resolve billing/collection issues, and drive the cash flow
- Resolve internal and external AR-related inquiries with accuracy and clarity
- Issue invoices, credit memos, and monthly statements
- Ensure invoices are set up to meet Revenue Recognition standards and other accounting policies
- Assist with onboarding new customers by ensuring accurate customer setup and billing configurations
- Support the monthly close process, including AR reconciliations and reporting
- Identify and suggest process improvements to enhance AR and collections efficiency
- Participate in ad hoc finance projects and reporting as needed
Our take
Originally founded in Israel – a hotbed for rapid growth cybersecurity companies of late – Wiz hit the headlines when it became the world’s fastest growing software company in Summer 2022. Incredibly, the company clocked up $180 million in annual recurring revenue in under two years since launching its first product, boasting major customers like Salesforce, Slack, BMW, and Asos.
It’s impressive enough that the startup was able to attract hundreds of millions in investment so early in its lifespan, but the fact that it was co-founded by a team of former Microsoft executives no doubt helped on this front. However, to generate this kind of revenue so soon is extremely rare.
The company has fueled its growth with aggressive hiring and product expansion, adding modules for Container and Kubernetes security, DSPM, and CDR - enabling organizations to further consolidate their cloud security program into a single, fully comprehensive platform.
Following its early 2023 Series D funding round, the company has reached a $10 billion valuation, officially making it the world's largest cybersecurity unicorn and it is the fastest SaaS company to achieve such a valuation.
Steph
Company Specialist at Welcome to the Jungle
Insights
Company
Funding (last 2 of 7 rounds)
May 2024
$1bn
SERIES E
Feb 2023
$300m
SERIES D
Total funding: $1.9bn
Company HQ
Chelsea, New York, NY
Leadership
Assaf Rappaport
(CEO)Previously co-founded and was CEO of security SaaS Adallom (acquired by Microsoft in 2015). Subsequently spent four years at Microsoft as a General Manager, first of Cloud Security, then R&D Israel.
Ami Luttwak
(CTO)Was the co-founding CTO of Adallom, next joining Microsoft as CTO of the Cloud Security Group, before becoming CTO of R&D Israel.
Yinon Costica
(VP of Product)Was also Adallom's VP of Product. Joined Microsoft as Partner Director of Product Management, Cloud Security after its acquisition of Adallom.
Roy Reznik
(VP of R&D)Is also the Co-founder & Master Distiller at Kataro Distillery. Before this they worked as Principal R&D Group Manager for Microsoft, joining the company from Adallom whom they co-founded.
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