Al Snyder, Cpa Email & Phone Number

St. Louis County, Missouri, United States

Manage $500M international portfolio supervising 6 direct reports• Reduced DSO by 8 days, past due AR by $13M and 9% through strategic customer targeting• Served on cross-functional task force challenged to improve customer experience• Led process to reduce credit hold volume by 70%• Implemented collections procedures standardizing approach, utilizing liens and escalation to collection agencies to drive delinquency reduction

Greater St. Louis Area

Manage $500M international portfolio supervising 3 direct reports• Reduced DSO by 4 days and past due by 9% through strategic customer targeting• Implemented $30M supply chain financing and $5M cash acceleration term swap• Devised cash forecast and high-risk dashboards using advanced trending metrics

Greater St. Louis Area

Aggressively implemented best practices, improved operational processes and provided tactical oversight to ongoing strategic plans to drive performance improvements. Proactively managed 20 personnel assigned to client engagements to ensure operational excellence and ongoing performance improvement. Effectively analyzed performance as part of existing engagements in the areas of Accounts Receivable, Unapplied Cash & Balance Sheet Reconciliations. Facilitated and maintained client relationships through regular, pro-active communication, timely follow through on requests and coordination of resources to meet departmental needs. • Reduced Unapplied Cash > 180 days from $28M down to $4M through proactive engagement with Service Line leaders • Developed Power BI data analytics dashboard tool to facilitate resource optimization via engagement with Service Lines • Oversaw remediation of Sarbanes Oxley deficiencies and balance sheet reconciliations

Greater St. Louis Area

Directs, develops, implements and ensures compliance with global policies and procedures for Siemens PLM Software for all credit, collections and accounts receivable activities, including the development and implementation of strategic action plans to improve overall DSO performance. • Develop policies, “best in class” procedures, and metrics to drive improvement in the overall quality of accounts receivable.• Direct global credit, collection and accounts receivables activities. Direct management of all credit and collection personnel and activities for the Americas; indirect (e.g. dotted line) responsibility for Asia Pacific and Europe, Middle East and Africa (EMEA) activities.• Monitor global credit and collection performance. Identify countries / regions that are underperforming and identify root causes. Coordinate corrective actions with zone management.

Greater St. Louis Area

Manage $100 million portfolio of accounts receivable supervising 11 direct reports• Reduced DSO by 18.6 days through proactive management and portfolio targeting• Conceived, developed, and implemented innovative age-forward reporting tool to optimize resource allocation, leverage Business Warehouse infrastructure resources, and prioritize collection accounts• Piloted complex receivables factoring arrangement in conjunction with Siemens Credit Warehouse to centralize assets for collateralized securities• Constructed credit limit assessment scorecard to monitor key quantitative metrics• Directed implementation of payer consolidation project throughout Americas Zone• Orchestrated integration of acquired receivables and customer portfolios into SAP• Administered credit agency contracts and cultivated collection agency relationships

Managed $237 million portfolio of accounts receivable supervising collection personnel• Reduced DSO by 4.3 days through the application of disciplined credit procedures• Pioneered past-due trend reporting tool to provide vital payment history data to commercial sales team on a quarterly basis• Developed accounts receivable reporting tool featuring multiple reporting functions to maximize review efficiencies • Maintained optimal sales while controlling bad debt, cash flow and department costs• Converted sales forecasts into cash forecasts for capital budgeting purposes• Administered Dunn & Bradstreet, Credit Risk Monitor and ABC Amega contractual relationships, overseeing improved credit ratings

Evaluated adequacy of internal controls and authored senior management reports identifying deficiencies and recommending improved controls• Planned, organized and supervised audit team conducting business unit reviews worldwide including financial, information systems, and Sarbanes-Oxley • Reviewed compliance level with corporate policies and Generally Accepted Accounting Principles• Developed best-practices recommendations to enhance operational efficiencies

Directed divestiture of $25 million business segment including supervising subcontractors, contract closeouts and job progress reviews• Minimized adverse financial implications of commercial business shutdown• Forecasted and collected accounts receivables for multiple business segments• Prepared month-end liability accruals and managed general ledger close

Audited internal control systems and accounting functions for publicly-traded company operating in 125 locations and employing 33,000 individuals nationwide• Investigated compliance with corporate policy and fraud allegations• Analyzed data concerning outstanding receivables balances• Authored audit / investigation reports for executive management team

Evaluated adequacy of financial statements prepared by external clients• Audited financial statements for manufacturers, wholesalers and construction contractors • Reviewed and compiled financial statements and prepared associated tax returns

Bachelor Of Science (B.S.), Accounting

B.S; A.B, Management; Accounting

Education record