Billing Associate, Vestwell
$70-80k
+ Company Bonus Pool + Equity
The modern savings platform
Be an early applicant
The modern savings platform
201-500 employees
Be an early applicant
$70-80k
+ Company Bonus Pool + Equity
201-500 employees
Company mission
To make saving for life's most important milestones accessible to everyone.
Role
Who you are
- Bachelor’s degree in Finance, Accounting, or a related field
- 1 - 3 years of experience in billing, accounts receivable, or finance operations
- Proficiency in Excel; familiarity with billing is a plus
- Strong attention to detail and a willingness to learn
- Effective communication skills and ability to work collaboratively in a team setting
- Organizational skills and ability to handle multiple tasks effectively
What the job involves
- At Vestwell, our people make all the difference. As we continue to scale, we are looking to add an Associate to join our Billing team, within the Finance department
- As a Finance Associate in the Billing Team, you will play a critical role in ensuring smooth and accurate billing operations
- You will be responsible for managing customer accounts, preparing invoices, and monitoring accounts receivable to support the financial health of the company
- Your role will involve frequent interaction with clients, partners, and internal teams to resolve issues and facilitate timely payments
- Additionally, you will contribute to financial reporting, assist in reconciliation tasks, and help streamline billing processes
- This position also offers the opportunity to participate in system implementations and enhancements, where you will work to optimize our billing software and improve operational efficiency
- Perform billing operational tasks, including reviewing contracts with customers and partners, creating customer profiles in internal systems, manage new subscriptions to ensure readiness for monthly and quarterly invoicing cycles, and generate invoices
- Reconcile revenue/billing-related balance sheet accounts, such as deferred revenue and A/R
- Receive and reconcile payments made via checks, credit cards, and ACH transfers
- Assist with the collections process by supporting timely collection of past-due invoices and escalating as necessary to clean up accounts receivable and improve cash flow
- Serve as the key point of contact within the Billing department for internal team members, as well as collaborate with other departments to resolve issues raised by clients
- Utilize billing and accounting system data to perform ad hoc analyses for internal and external reporting purposes
- Participate in month-end, quarter-end, and year-end close processes
- Assist in implementing new billing software and system enhancements to streamline operations
Our take
Access to retirement and workplace savings remains a challenge for many American workers, especially in gig and non-traditional roles. Founded in 2016, Vestwell is a fintech company making savings simpler, more accessible, and inclusive. From retirement accounts to students loan repayment and specialized savings programs, Vestwell is helping build a modern savings economy for everyone.
Vestwell's platform gives employers, payroll providers, and financial advisors easy tools to manage savings plans, while empowering employees to save directly from their paychecks. And programs like the Amazon Delivery Service Partner pooled employer plan and state-run auto-IRA initiative show just how Vestwell is helping underserved workers gain access to retirement savings, creating real financial security for millions nationwide.
Serving nearly 1.5M participants across 350,000 businesses with over $35B in assets, Vestwell has raised $125M in recent funding and expanded state partnerships. By tailoring solutions for gig and mobile workforces, the company has put itself in a prime position to continue transforming how Americans save, making financial security more accessible than ever.
Steph
Company Specialist at Welcome to the Jungle
Insights
17% employee growth in 12 months
Company
Funding (last 2 of 5 rounds)
Dec 2023
$125m
SERIES D
Jul 2021
$70m
SERIES C
Total funding: $237.5m
Company benefits
- Competitive health coverage
- A dedicated Employee Wellbeing Committee
- Generous vacation, safe/sick time, and leave policies
- Strong focus on learning & development
- Hybrid work environment
- A great 401(k) plan!
Company HQ
Midtown East, New York, NY
Leadership
Aaron Schumm
(Founder & CEO)Studied Finance at GIES College of Business and then received an MBA from Duke. Head Equity Research at financial advisory firm Dillon Scott Securities, Product Manager at Fiserv, VP of Product Marketing at Citi.
David Sheen
(CFO)David joined Vestwell in 2017 as an SVP of Finance & HR and became CFO in 2020. Prior to this, he spent 2 years at Primary Venture Partners as a Senior Associate and Principal and 3 years at Morgan Stanley as an Investment Banking Associate.
Jonathan Mark
(COO)Jonathan joined Vestwell in 2021 as an SVP of Business Operations & Strategy and became COO in 2023. Prior to this, he was the Interim Head of Member Operations at Garner Health and a Go-to-market Consultant at Elemental Cognition. He also spent nearly 7 years at Bridgewater Associates in various roles including Chief of Staff to Department Head of Engineering and AI (Principles Division) and Head of Business Operations (Principles Division).
Patty Kim
(CPO)Prior to joining Vestwell in 2020, Patty was a Senior Director of Global Talent Acquisition/VP of People Ops & Talent at Conductor. She also spent 3 years at Dentsu Aegis Network as a Director of Talent Acquisition and 3 years at 24 Seven as an Account Manager.
Rob Molchon
(CTO)Prior to joining Vestwell in 2021, Rob held VP roles at Integral Ad Science, Sizmek, MediaMind, and Unicast.
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