Full-Time

Collections Analyst

Posted on 9/30/2024

Elastic

Elastic

1,001-5,000 employees

Search and data analysis solutions provider

Data & Analytics
Enterprise Software

Junior, Mid

Canada

Category
Financial Planning and Analysis (FP&A)
Risk Management
Finance & Banking
Required Skills
NetSuite
Salesforce
Requirements
  • At least 2 years of professional experience in collections
  • An Associate’s Degree, preferably in Accounting, Finance, or Business, or equivalent work experience
  • Good organisational skills with a strong attention to detail
  • Strong customer service skills
  • Strong communication skills, both verbal and written
  • Ability to work in fast-paced environment with high level of accuracy, both independently and in a team environment
  • Experience in SAAS/software industry (preferred, not mandatory)
  • Experience with Netsuite, Salesforce, and G Suite (preferred, not mandatory)
Responsibilities
  • Collect on business-to-business accounts in an effort to reduce Accounts Receivable and minimise bad debt expense.
  • Contact customers, via email or phone, to secure outstanding balances.
  • Perform account reconciliations, as needed, to resolve any account discrepancies.
  • Resolve Unapplied and Unidentified Cash Payments to ensure accurate posting to the customer account.
  • Work with customers that have delinquent balances to negotiate payment plans.
  • Confer with management to determine if additional actions are required for delinquent accounts.
  • Process customer credit card payments. Address any credit card declines with the customer.
  • Respond to customer inquiries within a 24-48 hour time period.
  • Prepare and review weekly collection reports to determine collection strategies to assist management with cash forecasting goals.
  • Review progress of Key Performance Indicators with management, with a focus on continued improvement.

Elastic specializes in search-powered solutions, providing a suite of products that enable businesses to search, analyze, and visualize data in real-time. Its main product, Elasticsearch, is a search engine that can be deployed either in the cloud or on-premises, helping organizations manage large volumes of data for better decision-making and operational efficiency. Elastic serves a wide range of clients, including large enterprises, small businesses, and government agencies across various industries such as technology, healthcare, finance, and retail. Unlike many competitors, Elastic offers flexible deployment options and a subscription-based business model, allowing clients to choose between hosted services or managing the software in their own environment. The company's goal is to empower organizations to effectively utilize their data through powerful search and analytics tools.

Company Stage

IPO

Total Funding

$157.6M

Headquarters

Mountain View, California

Founded

2012

Growth & Insights
Headcount

6 month growth

0%

1 year growth

2%

2 year growth

-1%
Simplify Jobs

Simplify's Take

What believers are saying

  • Collaboration with Microsoft enhances AI capabilities and attracts enterprise clients.
  • Partnership with vTech Solution expands market reach in the public sector.
  • Launch of Search AI Lake strengthens Elastic's position in AI and machine learning.

What critics are saying

  • Recent Kibana vulnerability highlights potential security risks in Elastic's tools.
  • Dependency on third-party integrations poses risks if partnerships face disruptions.
  • Expansion into AI may face challenges from established competitors in the market.

What makes Elastic unique

  • Elastic offers a comprehensive suite of search-powered solutions for diverse industries.
  • Elastic's AI-optimized architecture supports low-latency and native vector database capabilities.
  • Elastic's subscription-based model provides steady revenue from diverse deployment options.

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Benefits

Fully paid health coverage for you and your family

Flexible location and schedule for most roles.

Generous number of vacation days each year

20+ additional shut it down days

Minimum of 16 weeks of parental leave, plus generous family formation benefits.

40 hours each year to use toward volunteering

Double your charitable giving

INACTIVE