8x8

Finance Business Analyst

Ontario, Canada

Not SpecifiedCompensation
Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
Information Technology & ServicesIndustries

About 8x8, Inc.

8x8, Inc. (NASDAQ: EGHT) believes that CX limits were meant to be shattered. We connect people and organizations through seamless communication on the industry's most integrated platform for Customer Experience—combining Contact Center, Unified Communications, and CPaaS APIs. The 8x8® Platform for CX integrates AI at every level to enable personalized customer journeys, drive operational excellence and insights, and facilitate team collaboration. We help customer experience and IT leaders become the heartbeat of their organizations, empowering them to unlock the potential of every interaction. With one platform, one ecosystem, and one data model, you can turn every team into a customer-facing team and unify your CX to conquer the complexity. As an organization, we are looking for Team8s who are AI-proficient, open to innovation, and skilled in leveraging AI for efficiency and growth.

Job Title: Finance Business Analyst (Billing Systems and Usage-Based Models)

Position Summary

We are seeking an experienced Finance Business Analyst with a strong background in billing systems and consumption/usage-based billing models. This role focuses on optimizing billing, collections, and accounting processes while ensuring systems support dynamic pricing structures, real-time usage tracking, and accurate invoicing. The ideal candidate will act as a bridge between finance, operations, and IT teams, driving efficiency and accuracy across financial workflows.

Key Responsibilities

Billing Systems Analysis and Management

  • Evaluate and manage billing systems to support consumption/usage-based and subscription models with downstream data flow to ERP systems.
  • Collaborate with technical team and vendors to implement system enhancements for real-time usage tracking, invoice generation, and payment processing.
  • Ensure billing systems integrate seamlessly with accounting platforms, CRM, and ERP systems.

Consumption and Usage-Based Billing

  • Implement processes to capture and monetize consumption/usage data, ensuring accurate and timely billing.
  • Work with product and technical teams to map usage metrics to billing rules and pricing structures.
  • Identify inefficiencies in usage tracking and billing reconciliation processes, proposing automation and optimization strategies.

Process Optimization

  • Analyze existing billing and collections workflows to identify gaps, bottlenecks, and opportunities for improvement.
  • Collaborate with cross-functional teams to refine processes and align them with dynamic business models.
  • Develop scalable workflows for supporting high-volume, consumption-based transactions.

Collections and Revenue Assurance

  • Develop strategies to help improve collections for usage-based billing, including automated reminders, escalations, and dunning processes.
  • Implement controls to mitigate revenue leakage and ensure accurate revenue recognition for consumption-based services.
  • Partner with customer support to resolve billing disputes and maintain strong customer relationships.

Stakeholder Collaboration

  • Act as a liaison between finance, IT, sales, and operations teams to align billing solutions with business objectives.
  • Lead workshops and training sessions for stakeholders to improve adoption of billing and usage tracking systems.
  • Document business requirements, workflows, and system configurations to support ongoing improvements.
  • Lead UAT testing for projects, with greater focus on scripting functional end-to-end tests.

Industry/Platform Innovation

  • Stay informed about industry trends, emerging solutions, new releases, features, and best practices, and assess their potential impact for use within 8x8.
  • Build and maintain external vendor, partner, and user group relationships to help monitor and understand industry challenges, opportunities, and common approaches.

General

  • Need to work and think independently.

Employment Type

  • Full time

Location Type

  • [Location Type not specified in original text]

Salary

  • [Salary not specified in original text]

Skills

Billing Systems
Usage-Based Billing
Financial Workflow Optimization
ERP Integration
Real-Time Usage Tracking
Invoicing
Payment Processing
System Analysis
Technical Collaboration

8x8

Cloud communications and collaboration platform

About 8x8

8x8 provides cloud communications and collaboration services to businesses worldwide, offering a suite of tools that enhance communication. Their main product, the 8x8 Experience Communications Platform, combines voice, video, chat, and contact center services into one platform, allowing businesses to manage both customer engagement and internal communications seamlessly. This platform is known for its high call quality and 24/7 customer support in multiple languages. Unlike many competitors, 8x8 operates on a subscription model, which allows for scalability and customization based on specific business needs. The company also offers advanced analytics to help businesses improve their customer experience. 8x8's goal is to provide secure and reliable communication solutions that meet the needs of businesses handling sensitive information.

Campbell, CaliforniaHeadquarters
1987Year Founded
$253.1MTotal Funding
IPOCompany Stage
Data & Analytics, Enterprise Software, CybersecurityIndustries
1,001-5,000Employees

Risks

Increased competition from emerging players like Five9.
Potential security vulnerabilities from third-party integrations.
Rapid technological advancements may outpace current offerings.

Differentiation

8x8 holds over 125 patents, showcasing its commitment to innovation.
Recognized as a leader in Unified Communications by Gartner for 13 consecutive years.
Offers a comprehensive platform unifying customer engagement and internal communications.

Upsides

AI-powered insights enhance decision-making and customer satisfaction.
Video engagement capabilities offer dynamic and personalized customer interactions.
Strong global presence with support in over 55 countries.

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