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Accounts Receivable and Collections Manager

Veeva Systems is a mission-driven organization and pioneer in industry cloud, helping life sciences companies bring therapies to patients faster. As one of the fastest-growing SaaS companies in history, we surpassed $2B in revenue in our last fiscal year with extensive growth potential ahead.


At the heart of Veeva are our values: Do the Right Thing, Customer Success, Employee Success, and Speed. We're not just any public company – we made history in 2021 by becoming a public benefit corporation (PBC), legally bound to balancing the interests of customers, employees, society, and investors.


As a Work Anywhere company, we support your flexibility to work from home or in the office, so you can thrive in your ideal environment.


Join us in transforming the life sciences industry, committed to making a positive impact on its customers, employees, and communities.


The Role


The Accounts Receivable and Collections Manager position is responsible for ensuring our multi-billion dollar subscription and services revenue base converts to collected cash on a timely basis. Responsibilities include managing the AR portfolio to ensure timeliness of collections, overseeing cash applications and reporting, and building strong partnerships with both internal and external customers. The role manages a global team of 10-12 today, and is responsible for maintaining a strong, focused, and high-performing team.


What You'll Do
  • Lead a global team of 10-12 accounts receivables professionals, creating a strong team culture, clear direction, and high bar for execution
  • Assess the effectiveness of current processes to identify ways to improve the timeliness of payments
  • Develop and maintain high-quality processes, lead analysts, and work effectively across the Veeva organization to identify and resolve operational challenges that could potentially impact the invoicing of our customers and cash collections
  • Collaborate with the leadership of the Finance, Sales, and IT teams to support the best customer experience for existing Veeva customers
  • Drive cash forecasting and report on trends
  • Recruit and hire team members, as necessary, who can work independently and deliver high-quality results consistently


Requirements
  • 10+ years of work experience, including 5+ in a finance role
  • 5+ years of managing teams in a dynamic environment
  • Highly developed written, verbal communication and interpersonal skills
  • Goal-oriented and strong attention to detail and quality of execution
  • Enjoy a dynamic environment and be confident when juggling multiple priorities
  • Strong service orientation; enjoy designing and delivering great customer experiences
  • Confident in dealing with company personnel at all levels


Nice to Have
  • BS/BA in Accounting
  • Experience with NetSuite
  • Experience working with or leading global teams


Perks & Benefits
  • Medical, dental, vision, and basic life insurance
  • Flexible PTO and company paid holidays
  • Retirement programs
  • 1% charitable giving program


Compensation
  • Base pay: $100,000 - $160,000
  • The salary range listed here has been provided to comply with local regulations and represents a potential base salary range for this role. Please note that actual salaries may vary within the range above or below, depending on experience and location. We look at compensation for each individual and base our offer on your unique qualifications, experience, and expected contributions. This position may also be eligible for other types of compensation in addition to base salary, such as variable bonus and/or stock bonus.


#LI-Remote


Veeva’s headquarters is located in the San Francisco Bay Area with offices in more than 15 countries around the world.


Veeva is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, sex, sexual orientation, gender identity or expression, religion, national origin or ancestry, age, disability, marital status, pregnancy, protected veteran status, protected genetic information, political affiliation, or any other characteristics protected by local laws, regulations, or ordinances. If you need assistance or accommodation due to a disability or special need when applying for a role or in our recruitment process, please contact us at talent_accommodations@veeva.com.

Average salary estimate

$130000 / YEARLY (est.)
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$100000K
$160000K

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What You Should Know About Accounts Receivable and Collections Manager, Veeva Systems

If you’re an experienced leader in finance with a passion for building high-performing teams, the Accounts Receivable and Collections Manager position at Veeva Systems in Columbus, Ohio is calling your name! Veeva Systems is a trailblazer in the life sciences cloud industry, helping companies accelerate the delivery of therapies to patients. As one of the fastest-growing SaaS companies, we believe in doing the right thing for our customers, employees, and society. In this pivotal role, you’ll be responsible for managing our multi-billion dollar subscription and services revenue, ensuring timely collections while fostering strong relationships with both internal teams and external customers. You’ll lead a global team of 10-12 accounts receivables professionals, setting a high standard for execution and collaboration across departments like Finance, Sales, and IT. Your insights will help drive cash forecasting and improve collection processes, making a real impact on our organization. Plus, with the flexibility to work from home or the office, you'll thrive in an environment designed to support your success. If you have over a decade of finance experience and a knack for leading dynamic teams, we can’t wait to welcome you aboard to get things moving at Veeva Systems!

Frequently Asked Questions (FAQs) for Accounts Receivable and Collections Manager Role at Veeva Systems
What does the Accounts Receivable and Collections Manager do at Veeva Systems?

The Accounts Receivable and Collections Manager at Veeva Systems is responsible for managing the collections of multi-billion dollar subscription and service revenues. This role involves leading a global team, improving collection processes, and ensuring timely cash application, thus directly influencing the company's financial health.

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What qualifications are needed for the Accounts Receivable and Collections Manager position at Veeva Systems?

Candidates for the Accounts Receivable and Collections Manager role at Veeva Systems should have over 10 years of experience, with at least 5 years in finance, along with demonstrated experience in managing teams and excellent communication skills.

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How does Veeva Systems support employee success for the Accounts Receivable and Collections Manager?

Veeva Systems supports employee success by fostering a strong, focused team culture, providing flexible work arrangements, and ensuring access to necessary resources to facilitate high-quality work and growth opportunities.

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Is prior experience with NetSuite required for the Accounts Receivable and Collections Manager at Veeva Systems?

While experience with NetSuite is a nice-to-have for the Accounts Receivable and Collections Manager role at Veeva Systems, it's not a strict requirement but can be beneficial in navigating our financial systems more effectively.

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What are the benefits offered for the Accounts Receivable and Collections Manager at Veeva Systems?

The Accounts Receivable and Collections Manager at Veeva Systems enjoys benefits like medical, dental, and vision insurance, flexible PTO, retirement programs, and a charitable giving initiative, all aimed at improving life quality for our employees.

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What opportunities for growth exist within Veeva Systems for the Accounts Receivable and Collections Manager?

At Veeva Systems, the Accounts Receivable and Collections Manager will have the chance to lead a global team and develop crucial processes, paving the way for professional growth and advancement in a thriving SaaS environment.

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What is the salary range for the Accounts Receivable and Collections Manager position at Veeva Systems?

The Accounts Receivable and Collections Manager at Veeva Systems can expect a base pay ranging from $100,000 to $160,000, with potential for bonuses based on performance and individual experience.

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Common Interview Questions for Accounts Receivable and Collections Manager
Can you describe your experience managing accounts receivable teams?

When answering this question, provide specific examples of the teams you've managed, the size and scope of their portfolios, and any improvements you led to enhance collections.

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How do you handle conflicts with clients regarding payment?

Focus on your strategy for conflict resolution while emphasizing your communication skills and success in maintaining healthy client relationships even under stressful circumstances.

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What tools and processes have you used to increase collection efficiency?

Discuss any software tools, methodologies, or procedures you've implemented to streamline collections, including metrics used to measure success.

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How do you prioritize tasks when managing a high volume of accounts?

Show your organization skills by describing your approach to prioritizing tasks based on urgency and impact, perhaps using tools or techniques that help you stay on track.

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What strategies do you employ for forecasting cash collections?

Detail your experience with cash forecasting, the methods you utilize, and how you ensure accurate and timely predictions based on historical data and current trends.

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Can you give an example of a process improvement initiative you've led?

Share a specific example, discussing the problem at hand, your approach to developing a solution, and the positive outcome that came from your initiative.

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How do you keep your team motivated and engaged?

Talk about leadership styles and practices you've used to inspire your teams, such as regular one-on-ones, setting clear goals, and fostering a collaborative environment.

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What do you consider key metrics in accounts receivable management?

Mention critical KPIs like DSO, aging reports, and collection rates, explaining why they’re important and how you’ve used these insights to drive performance.

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Describe your experience working with cross-functional teams.

Explain how you've collaborated with other departments, such as Sales or Finance, and how those interactions have contributed to achieving common goals.

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What would you do if a customer consistently missed payment deadlines?

Outline a step-by-step approach you’d take, focusing on open communication, repeated follow-ups, and potentially negotiating payment terms to ensure collections.

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Veeva Systems is a leading cloud-computing company for the global life sciences industry. The company is based in the San Francisco Bay Area and serves more than 950 customers, ranging from the world’s largest pharmaceutical companies to biotechs.

136 jobs
MATCH
VIEW MATCH
BADGES
Badge ChangemakerBadge Family FriendlyBadge Flexible CultureBadge Work&Life Balance
CULTURE VALUES
Inclusive & Diverse
Rise from Within
Mission Driven
Diversity of Opinions
BENEFITS & PERKS
Family Medical Leave
Maternity Leave
Paternity Leave
Lactation Facilities
Family Coverage (Insurance)
Medical Insurance
Dental Insurance
Vision Insurance
Mental Health Resources
Life insurance
Disability Insurance
Health Savings Account (HSA)
Flexible Spending Account (FSA)
401K Matching
Paid Time-Off
Paid Volunteer Time
FUNDING
DEPARTMENTS
SENIORITY LEVEL REQUIREMENT
TEAM SIZE
EMPLOYMENT TYPE
Full-time, hybrid
DATE POSTED
November 27, 2024

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