Plan, coordinate, direct and design credit related activities of the organization and provide administrative direction and support for daily operational activities of the Credit Department.Maintain a thorough knowledge of the organization and adheres to all organizational standards.Review bank/trade references and financial information for credit limit assessment.Review and implement the credit insurance policy with Euler Hermes.Run the D&B and Experian Credit Reports to assess new accounts payment habits and credit limits.Handle & review collection and legal actions on accounts place with third party collection agencies.Review and monitor Account Receivable aging and assist in follow-up collections.Review and coordinate with outside attorney to file the UCC-1, Security Agreement and Personal Guarantee.Supervision of a staff of four people, updates their job description, staff performance, evaluations.Perform other accounting functions and special projects as required.Review and approve banking transaction and wire transfers daily.Review and set up job accounts by sending out Pre-Lim notice for rights to file mechanical lien.

Set up the Credit & Collection & A/R policies and procedures, due to being the branch start up with parent company in China.Set up account receivable functions to work efficiently with parent company in China.Inititated use of third parties reports with Dun & Bradstreet and Credit Risk Monitor to get background information on new active customers.Established and maintain risk rating on all active customers for future review.Analyzed delinquent accounts and prepared high-risk reports, including recommendations for resolution to top management.Collaborated with Corporate Credit Manager in China to achieve timely payments on past due multi-million dollar accounts, to lower the bad debts ratios.

Implemented credit and collection policies in a timely manner.Maintained completer documentation on active customers.Formatted collection reports according to PDS guideline.Reduce DSO down to 19 days.Releaseed new sales orders daily and resolved collection issues.Collaborated with collections attorneys, handled all Bkcy cases.

Managed collections territories including Asia, Southeast Asia, Northern Europe, Mexico, Canada, USA, Central & South America.Handled credit and collection functions for both Hotan & Khypermedia Corps.Performed Credit and Trade references checks.Approved new daily sales orders and resolved collection issues.Resolved legal collections issues on problems accounts.Handled all credit insurance and renewal issues.

Cash Management, provide Flooring, Standby Letter of Credit, CD, Terms Letter of Credit & Promissory Note.Management Oversight, Negotiated and provided proper utilization of $ 50 M credit line. Analyzed credit and financial information on potential new customers. Coordinated with sales representatives to ensure sales were within establised credit line and payment terms.Personal Management, Maintained staffing and established Credit, Collection & Account Receivable groups.Credit Administration, Managed collection function resulting in 95% revenue collection on open accounts. Collaborated with company management to design and implement Credit, Collection and Accounts Receivable functions. Supervised the Credit & Financial Analysis groups.