Karen Cobb Email & Phone Number

California, United States

Torrance Ca, Irvine Ca, Remote

• Processed Commercial Real Estate (CRE) loans, from Letter of Intent through Funding. Service active CRE Loans.• Maintained database of CRE loans in Excel. Reorganized database for improved function. • Facilitated transition of maintenance of $1B CRE portfolio database to Finance.• Created and maintained daily, weekly, and monthly reporting for functional unit and upper management.• Created and maintained procedural documentation to standardize and streamline procedures. • As a certified Notary Public, provided notarizations for SVP of Business Services. • Review, reconcile, and process vendor invoices for submission to Accounting.• Manage and perform complete Commercial Loan Portfolio datafile reorganization project to ensure files are in audit/examination-ready quality.

Brea, Ca

Provided outsourced Accounts Receivable services for a Johnson & Johnson medical devices affiliate, including AR reconciliation, dispute resolution, collections, and order release, for direct sales and consignment programs in a call-center environment. Assisted with training of newer team members.

Irvine, California, Usa

Senior Credit and Collections Analyst (1999-2004, 2010-2015)Personally managed $4M portfolio of customer accounts which was 50% of total accounts. Managed accounts receivable using SAP ERP System, including credit approval, collections, exception and dispute resolution and negotiation of payment schedules. Created A/R Purchase Requisitions.• Reviewed and approved open credit terms and limits for all customers.• Implemented and maintained Vertex tax database for all customers’ sales tax exemption certificates.• Eliminated potential state tax fines by researching multiple state tax laws to be in compliance.• Eliminated potential state escheatment audits and penalties by researching multiple states’ laws, and reconciling credit balances and refunds prior to state-defined deadlines.• Created and updated all procedural documentation related to A/R department.• Chosen by management to be A/R department’s SAP SuperUser, and company Notary Public.• Won “Superior Performance” award.• Processed incoming cash totaling $6M to $7M per month.Credit and Collections Supervisor (2004-2010)Managed staff of three, overseeing Accounts Receivables of up to $9M. Significantly reduced both DSO/ADP and bad debt loss.• Trained and mentored staff in credit review, collections, cash applications, credit memo processing, sales tax, SOX compliance.• Reduced bad debt losses by 50% by streamlining SAP procedures and by building strong customer relationships.• Reduced aging of accounts receivable balances by developing policies and procedures to support SOX requirements.• Played key role in developing credit policy in compliance with Sarbanes-Oxley (SOX) and in the successful completion of the implementation of SOX financial controls and subsequent SOX reporting.• Prepared month-end and quarter-end A/R reporting, reconciliations and journal entries.• Assisted both Corporate and Assistant Controllers in worldwide bad debt analysis and other general accounting issues.

Anaheim, Ca

Senior Account Administrator - Credit Department (1997-1999)Processed new dealer applications, ordered credit reports and verified corporate status with Secretaries of State. Completed necessary legal documents and UCC1 filings. • Created procedural documentation that standardized and streamlined procedures, saving time and money and reducing errors.• Entered and maintained database information on approximately 2,000 dealers.• Collaborated in the transferring of data for over 300 dealer files from Denver office to Anaheim, and the transferring of data for over 2,000 files from Anaheim branch office to corporate office upon closing of Anaheim branch in 1999. Senior Accounting Processor - Accounts Receivable (1996-1997)Processed payments for dealers’ inventory floorplan lines of credit, generated A/P checks, processed incoming distributor invoices, pulled daily bank deposit data, balanced daily cash processing, calculated and processed rebates. • Created procedural documentation that standardized and streamlined procedures, saving time and money and reducing errors.• Assisted in transition from local Accounting Department to Central Processing Center in Arizona.

Tustin, Ca / Anaheim, Ca

Accounting Specialist (1995-1996) Performed Accounting functions at multiple high-end or special client sites. Payroll/PayBill Specialist (1994-1995) Processed timecards for weekly pay period to generate paychecks for temporary employees and invoices for clients. Entered employee and client data into database. Acted as liaison between processing center and branch offices. • Processed approximately 600 timecards per week, an increase of 40% over previous processing workload.

Bachelor Of Arts Equivalent In Accounting/Bookkeeping

Education record

SAP 3.1I & 4.6C; MS Word, Excel, Outlook; Vertex Quantum Tax Decision Manager; Dunn & Bradstreet; VeriSign Manager; CyberCash;