Billing and Collections Lead, Wiz
More information about location
Cloud security company
Open for applications
Cloud security company
501-1000 employees
Open for applications
More information about location
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
- 5+ years of experience in Billing and Credit collections (End to End process)
- Working knowledge of AR processes
- Understanding accounting best practices
- High attention to detail
- Proficiency in Microsoft Excel
- Produce work with a high level of accuracy
- Good Analytical & Problem solving skills
- Working knowledge of NetSuite
What the job involves
- We are currently seeking a talented Billing and Collections Lead
- Role responsibilities include assisting with the Accounts Receivable process, interact directly with vendors, and working with department managers to ensure bills are approved
- This position reports to the Finance Operations Manager and will partner closely with the finance team and vendor representatives
- Manages accounts receivable collection and billing process
- Distribute invoices and billing statements
- Assist accounts receivable process, including preparation of credit memos and submission
- Ensure payments are received and applied in a timely manner
- Ensures all bills are approved by department managers
- Ensure that billing is set up to meet Revenue Recognition and other accounting policies
- Answers all customer/vendor inquiries
- Research and resolve invoice discrepancies/issues
- Maintain accurate collection notes on all accounts in NetSuite
- Communicate with the customers via phone and emails for follow ups on payments
- Perform research and resolve invoice discrepancies in a timely manner
- Work with the internal teams to resolve issues and drive the cash flow
- Manages monthly closing of financial records and posting of month end information
- Maintain complete documentation accurately, in accordance with company policy and accepted accounting practices
- Complete customer setup
- Ad hoc projects, as deemed necessary
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
Few candidates hear
back within 2 weeks
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
Articles
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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