Credit Collection
| Industry Focus: | Accounting & Finance, Clerical & Administrative, Customer Service | Title: | Credit Collection | |
| Experience: | 21+ Years | Position Type: | Any Position Type, Full-Time | |
| Education Level: | 4-Year College Degree | Relocation: | No Relocation | |
| Travel Preference: | Light Travel |
Objective: Flexible Process/Producer looking to excel at an A/R or A/P challenge, including SOX audit.
Professional Experience:
Madison Square Garden, New York, NY. (Consulting assignment- Accountemps) 11/2007- 4/2008
SOX A/P Audit Consultant
• Performed skip tracing & contacted lost un-cashed check payees so we could re-issue A/P checks to them, also included A/R overpayments & un-cashed payroll, for previous 12 years.
• Set up quarterly bank reconciliation procedures to avoid future audits.
METRO NY Newspaper, New York, NY.
3/2007-10/2007
Credit Collections Process Consultant (Consulting assignment- Robert Half)
• Streamlined Credit Approval on new & existing updates. Analyzed D&B Report data.
• Order approvals, collection calls logged in EXCEL, communicating with sales regarding unpaid invoices and deductions. Consistently achieved monthly collection goals set by management.
• Check & credit card posting, invoicing, & check depositing & A/R Bank Reconciliation.
Ajilon Finance Global HQ, Saddle Brook, NJ 2/2006-2/2007
A/R Research, Refunds, & Inter-company VMS Coordinator (temp assignment)
• Performed internal audit of on-account cash transactions, in our PeopleSoft and Oracle 10.7 receivable systems.
• Expedited refund requests according to strict SOX compliance guidelines, after researching them fully among our check records, to verify duplication. Plotted on EXCEL to recheck Peoplesoft’s accounting, preparing for A/P refund processing, & signature.
• Assigned most difficult collection accounts as workout specialist, collecting from competitors & Major, non National accounts, that were a neglected niche, of volume buyers.
Accounting Administrator –Ajilon HQ, Saddle Brook, NJ 2/2006-4/2006
• Collections using PeopleSoft for Temps billing from broad based National Accounts using 3rd party paperless web VMS time keeping billing & Mellon wire payments.
• Websites used include Fieldglass, Taleo, Cats, Chimes, Enterforce, Econometrix, Beeline with Crystal Reports, WorkCard, IQ Navigator,Maestro,Workforce Logic, C-Net ,& PeopleClick.
• Resolved problem major accounts as a Final Demand collector before 3rd party placement.
Credit Clearing House, White Plains, NY
Collector 12/2004 - 10/2005
• Performed detailed skip tracing on the Internet, and mastered ways of locating hard to find debtors.
• Prepared files to file suit by checking Public corporate records details, and filings prior to attorney forwarding.
Coastal Recovery Corp, White Plains, NY 8/2003 - 12/2004
Collector
• Handled 33% of all accounts placed, including calling, letter writing, using advanced FOX PRO software, GETPAID and internet skip tracing, of debtors.
• Mastered fully automated scanned filing system, auto-dialer, & internet skip tracing tools, including Accurint reports, & corporate records searches.
• Most clients were large Fortune 500 companies, like Trane, York, Martindale Hubbell, Adecco Canada, & others
Fuji Photofilm USA, Valhalla, NY 1/2003-7/2003
Credit Consultant (temp assignment)
• Updated all credit lines in AS400 on the top domestic wholesale film customers by checking references , updating financials, & corporate filings check. Ordered D&B’s , & provided A/R research
LG. Electronics, dba Zenith TV. & Goldstar Brands, Englewood NJ 6/2001-11/2002
Assistant Manager of Financial Services
• Solicited periodic Financial updates & performed financial statement comparative analysis using EXCEL , bank/trade reference checks for all Major Zenith Digital & all LG. Electronics brown & white goods customers, then submitted it for credit insurance.
Henry Brothers Electronics, Saddle Brook, NJ 6/1999-6/2001
Collections/Operations Manager
• Minimized uncollectible accounts on all aged & disputed invoices, by gathering up necessary back-up documents for mostly large government accounts, using SBT & FOXPRO.
Unicapital Corp., Orangeburg, NY 7/1998-3/1999
Credit Risk/ Collection Manager
• Analyzed scoring using Famas Encore software as part of Financial Statement workup.
• Lease conversions & bulk monthly rent collections.
DENON Brand Electronics, Pine Brook, NJ 9/1991-3/1998
Western Regional Credit Manager
• Recommended new credit lines & collected western US half of all commercial accounts, with BPCS
• Achieved low past due percentage over 30 days, @1%-9%earning bonuses every quarter.
• Supervised 8 performing cash posting, chargeback reconciliation, credit investigations, & shortages
• Monitored D&B & TRW Reports, UCC 1 inventory liens, guarantees, & letters of credit.
SAMSUNG General Trading Co., Ridgefield, NJ 2/1989-9/1991
Corporate Credit Manager
• Published divisional credit manuals & collected oldest A/R., in 6 divisions: Clothing, piano, steel, film, tape, & monitors.
• Investigated banks credit risk & simplified language before accepting letter of credit documents.
SHARP Electronics Corp., Mahwah, NJ Consumer Electronics 12/1985-12-1989
Regional Credit Specialist/Supervisor
• Supervised 2 collectors of end user small business customers sold from our NYC, Washington DC., & Boston branches. Assigned to problem collection accounts in various product divisions.
• Had autonomous credit approval =$100,000 and maintained financial statement spreadsheets & timely file updates. Also worked out problem accounts before sending to attorney.
Education:
Rider University, Lawrenceville, NJ
Bachelor of Science in Commerce, Major- Marketing, Minor- Economics
NY Institute Of Credit, New York, NY 1982-1983
Completed 2 semesters of Financial Statement Analysis, allowing advancement at CIT Factors
Skills & Software: Latest D&B & personal credit reports, Scala, PeopleSoft, CNet, Crystal Reports, VMS Timekeeping, SBT, Time & Materials billing, BPCS, Oracle 10.7 & 11i,Citrix, Comtech Collect, Fox Pro, Numerous Hub Internet Skip Tracing tools, Company Research & Financial analysis, Accurint, Famas Encore industry financial scoring, EXCEL, Outlook, EDI, Factoring, Liens, Contracts. Collections & Employment Manuals, AS400, Fair Collections Practices Act, HIPAA rules, Root Cause Analysis & Solutions.
