Revenue and Billing Operations Manager, Yugabyte
$120-130k
+ Equity Options
Distributed postgreSQL for modern apps
Job no longer available
Distributed postgreSQL for modern apps
201-500 employees
Job no longer available
$120-130k
+ Equity Options
201-500 employees
Company mission
To become the default database for cloud-native applications in a multi-cloud world.
Role
Who you are
- Bachelor Degree in Accounting, Finance or related field
- Minimum 5+ years of experience working in billing in a high-growth SaaS or Software environment
- Experience with specifically high volume, low dollar B2B business processes
- Excellent organisational abilities, attention to detail, strong written and oral communication skills
- Proven ability to work in a cross-functional, fast-paced environment and lead complex initiatives
- Proficiency in Salesforce, NetSuite (or similar ERP systems), Stripe, Orb or Metronome (or similar usage billing tool), Cloud marketplaces (GCP, AWS, Azure), Microsoft Office (Excel) and Google Suite (sheets and docs)
What the job involves
- As only the second hire on the finance team, this is a critical role that will help build the foundations of Yugabyte’s FP&A team
- You will own the forecasting and budgeting process, assist in long term modeling, and help assist with key financial reporting to our management team and investors
- You will also have the opportunity to assist with Sales Ops related projects on an as needed basis
- Lead process improvement and automation of Billing and Collection tools including: Oracle Netsuite, Stripe, Orb, Cloud Marketplaces, timecard tracking, in-house dev tools
- Collaborate cross-functionally with teams such as GTM Operations, product management & engineering, and IT to identify areas for enhancing the customer experience and streamline Order-to-Cash processes
- Implement and maintain customer onboarding procedures including customer records and structure, new customer data templates, review contracts for billing terms, credit policies, and fulfilling customer onboarding requests
- Continue to develop and implement policies and procedures to scale with the business
- Develop and implement credit policies and procedures to manage credit risk effectively
- Create cloud marketplace private offers and address inquiries from customers
- Review new subscriptions / customers for proper revenue recognition & billing configuration
- Monitor and update existing customers based on upgrades, downgrades or amendments to contracts
- Responsible for all billing, accounts receivable, and collections reporting including communication with customers, sales team members, executives, and other stakeholders
- Complete Month end close journal entries, reconciliations, cash forecasts, and fluctuation analysis in the Order-to-Cash cycle
- Validation of monthly revenue and deferred revenue from usage based customers
- Develop and maintain key performance indicators (KPIs) related to billing operations, revenue collection, and customer billing
- Research implications of sales-type taxes: US sales tax, CT, withholding taxes, GST/HST, VAT and document and implement conclusions on taxability of transactions
- Prepare related monthly/quarterly sales tax filings and quarterly nexus reviews
Our take
Traditional IT stacks and database solutions have rapidly become antiquated in recent years due to a surge in demand for cloud-native applications. SQL databases are typically the standard format for managing enterprise data, but integrating and scaling this infrastructure within the ever-changing field of cloud-based applications presents serious challenges.
Yugabyte develops a cloud-native and open-source SQL product named YugabyteDB, a database system that is designed to be easily scalable, flexible and resilient when integrated within cloud-based applications. Through PostgreSQL compatibility, automated data recovery and high computing power, the startup claims that its database solution reduces downtime, optimizes security, and reduces increases compatible infrastructure options.
With the migration from legacy database systems to cloud-based solutions a necessity rather than an option for many enterprises, Yugabyte has made a smart move by providing a flexible and accessible solution to integrate familiar SQL databases within a cloud-based setup. Its range of strategic partnerships and product development has the company well set to see further growth.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
17% employee growth in 12 months
Company
Funding (last 2 of 5 rounds)
Oct 2021
$188m
SERIES C
Mar 2021
$48m
LATE VC
Total funding: $290m
Company benefits
- Health Insurance
- Company Stock Options
- Retirement Plans
- Home Office Set-Up Reimbursement
- Professional Development Reimbursement
- Quarterly Wellness Days Off
- Unlimited PTO
- Childcare benefits
- Performance bonuses
Company HQ
Sunnyvale, CA
Leadership
Kannan Muthukkaruppan
(Co-Founder & Co-CEO)Earned an MSc in Computer Science at University of California. Previously Consulting Member of Technical Staff at Oracle for 13 years, Technical Lead at Facebook for 5 years and Engineer at Nutanix for 3 years.
Karthik Ranganathan
(Co-Founder & Co-CEO)Earned an MSc in Computer Science from The University of Texas. Previously Software Design Engineer at Microsoft Corporation for 2 years, Software Engineer at Netsuite for 8 months and Technical Lead at Facebook for 5 years.
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