Brad Shugart Email & Phone Number

Ann Arbor, MI, US

Ann Arbor, Michigan, US

Managing a team of 36 employees, providing centralized support for all Accounts Receivable and Accounts Payable related services. Managing receivables, credit & collection, payables processes, travel & expense processing, and month end/year end close and reconciliations across multiple operating platforms. Averaging over 70K A/R invoices and 25K A/P.

Ann Arbor, Michigan, US

• Managing a team of 18 employees, providing centralized support for all Accounts Payable related services. Managing payables processes, travel & expense processing, month end close and reconciliations across three.
• Implementation of EDI 810 invoice transmissions for the company’s largest supplier. Results are transformation of paper invoices to electronic format nearing 50% of total volume.
• Process efficiencies in workflow, targeted invoice consolidation and system enhancements reducing average days to process by over 40% to date..
• Focused effort on reducing aging categories for goods received not vouchered. Efforts have led to significant reduction of vouched items aged >90 days by over 50%.
• Project team participation in Supply Chain Financing initiative, T&E and Purchase Card conversion and implementation, month end close performance and process improvements, iSupplier portal for supplier registry.

Ann Arbor, MI, US

• Provided critical support to CFO and other Senior Executive team members, during publicized liquidity crisis in 2009 and 2010. Developed actionable cash management forecast reports for both internal and external.
• Expanded a $15M travel card program, into a $150M Purchase Card program, over a 2 year period, expanding growth of spend by nearly ten times. Rebate earnings during expansion period totaled $4M, covering department.
• Dual role assignment, to lead team of 8 Purchasing agents for central Purchasing/Procurement for Borders Group. Initiated and executed 7 RFPs for major non-trade spend categories. Annualized savings of $10M were.
• Developed Finance satellite offices in United Kingdom and Pacific Rim, during company’s international business expansion. Involved in interview, hiring and training of A/P representatives stationed in each country..
• Complete management of A/R deferred billing program, generating at its peak, over $120M in annual sales. Managed collection and credit review for 5,000+ individual customer accounts. Responsible for credit check and.

Ann Arbor, MI, US

• Managed staff of 24 employees, covering the following functional areas: Vendor Relations and Reconciliation, Debit Balance Collection, Ledger Account Reconciliations. Continual execution of Top Trade Vendor Statement.

Managed a staff of 20+ employees to perform the payable process for the Waldenbook company. Responsibilities included Invoice data-entry, account reconciliation, audit/control, and cash disbursement.

Ann Arbor, MI, US

• Managed a team of field based Auditors, developed and administered field audit program for store locations. Developed pc-based audit programs, and suite of non-compliance reporting tools for senior management review..

Internal Auditor - Performed financial and operational audits in accordance with corporate audit plan. Conducted field based audits at store locations throughout mid-Atlantic states, preparing reports, reviewing results with store management teams. Additional activities include physical inventory observations, PBC’s, and fiscal year-end external audit.

Bs, Marketing

Accounting