Jonathan Reed Email & Phone Number

Austin, Texas, United States

Cedar Park, Texas

• Manage a seven person department; providing leadership and coaching to achieve team goals.• Collect on outstanding debt totaling $200 million annually, for a global company, while maintaining good relationships with multi-cultural businesses.• Reduced DSO from 104 days to a 60 day range, while reducing outstanding accounts receivable from $48 million to $26 million.• Diminished accounts over 120 days from $13 million to $1.7 million using proven collection methods.• Continuously setting monthly collection records while invoicing record volumes of orders.• Oversee daily invoicing and general contractor payment applications in order to maximize the company's cash flow.• Host monthly meetings with the Director of Finance and CFO to inform on our current and future AR position, to better direct company policy with DSO statistics and analysis using pivot tables and v-lookup in Excel.• Implemented lien protection partnership with Levelset to better protect ETS-Lindgren's financialinterests on accounts that involve complicated projects.• Orchestrate bi-monthly project manager meetings to provide insight and obtain collection assistance from all resources available.Prepare monthly reconciliations of AR, Bad Debt, Customer Deposits and other AR accounts which areintegral to the daily operation of the company and quarterly audits.• Address issues and concerns brought up by our internal and external auditors on a quarterly basis.• Compose the monthly AR aging, via Excel, as a collection tool for the team to use as a shared workbook for the future month's collection efforts.• Utilize Syteline 7 and 9, SharePoint and Microsoft software products to handle everyday tasks.• Employ DnB, internet research and customer reference inquiries to evaluate the credit worthiness of potential customers and dictate credit limits.• Interface with several outside collection resources to come to resolution with problem accounts.

Austin, Texas

•Successfully collect on outstanding debt totaling $70 million annually for three companies on clients located throughout California, the Midwest and Texas, b2b.•Update and post AR metrics to the executive team which includes DSO, BPDSO, ADD (5 days average), CEI (92%) with an average of only 8% of outstanding dollars past due. •Supervise workflow and follow-up with assistant to maximize collections.•Resolve customer disputes regarding invoices dealing with insurance denials or inaccurate invoice back-up paperwork.•Maintain stellar communication with the executives to insure timely collections and act as advisor for future business decisions. •Manage outgoing demand letters and termination notices for substantially delinquent accounts.•Communicate customer information and status with attorneys in multiple states.•Prepare month end accounts receivable reports that determine our borrowing base with the bank.•Establish and track amortization schedules for promissory notes.•Work with the billing and denial departments to insure customer account accuracy and resolve discrepancies. •Research G/L entries and resolve errors for the Controller.•Daily cash application of deposited checks, EFTs and ACH deposits.•Sets up and creates system billing profiles for new customers and changes to existing customers.•Run D&B credit checks and internet research on potential customers.•Review, reconcile and post monthly invoices on company’s various accounting systems including MAS 90, Rite-Track & SMART.

Seattle, Wa

• Collected on outstanding AR totaling $24+ Million annual sales related to material handling and construction. • Ran credit checks on all new customers using Experian via NACM membership and set up terms and conditions as per the credit worthiness of the customer.• Worked directly with the company lawyers to insure legal rights are exercised and executed in a timely manner when necessary.• Repossessed materials that had been unpaid for a substantial amount of • Prepared and maintained hundreds of construction contracts by editing/rewriting contracts, completing the state required forms for workman’s compensation, intents to pay prevailing wage, affidavits of wages paid, certified payrolls and monthly billings to contractors.• Coordinated and setup electronic funds transfers with our larger customers (Intel, Microsoft or Costco).• Maintained inventory items and counts on SBT/ACCPAC, accounting software, continuously and during cycle counts.• Administered EPI’s Saleslogix contact management database & liaison to the hardware/software providers.• Resolved G/L problems and prepared month-end statements to the bank that determined the availability of our line of credit.

Seattle, Wa

• Contributed to company profitability by increasing the spending potential of check writing customers while providing excellent customer service and controlling bad check expenses. • Handled a high volume of phone calls on a multi-lined phone system (100+ incoming calls per day), while maintaining a high collection percentage of 50% on all incoming checks in WA, OR & AK.• Responsible for keying checks into the national database called the Scan check system and likewise onto the in-house collection system called KM.• Ran and evaluated credit bureaus on potential customers in time sensitive situation. • Monitored a nation-wide point of sales system while taking action when necessary.