Jose Rivera Email & Phone Number

Palmdale, Ca, Us

Palmdale, Ca, Us

Chicago, Illinois, Us

Manage AR portfolio on large adverstising agencies, I handle every aspect of the account with regard to account receivable;Collections, maintain open lines communication with customer and internal sales to ensure timely payment of invoicesDisrepancy / Dispute Resolution working with cusotmer and internal personel to resolve customers claims.Account Reconciliations: Assisting AR Cash team in identifing mis-applied payments & unclear remittances reaserch.Escalating issues to sales team and management as need to expitie resolution.Approving orders or holding orders as the situtation requires.Customer Service providing invoices and or monthly statement as requested by customers.Maintain cusotmer database for my portfolio with up todate uniformed naming convention to ensure ease in locating, sorting & searching for customersMonthly reports showing current and historical payment trends.

Managing Collection Department a staff of 2Credit Management – Daily Analysis & ApprovalWeekly AR Reporting to Executive ManagementCollection of Assigned AccountsAssessment of current credit & collection practicesManaged third party collections

Macclesfield, Cheshire, Gb

Managing Collection Department a staff of 4Credit Management – Analysis & ApprovalMonthly Reporting on KPI’s and developing collection performance reports.Updating policies and proceduresUpdating and developing new formsImplementing best practices for credit and collectionsManaging continuing transition from a site based collection model to centralized environment. Establishing credit limits on national accounts for a North American Division of a global corporation.Consulting on development of new ERP system, best practices for accounts receivable, credit, and collections policy and procedures.In conjunction with the new ERP, developing strategies for a new centralized Credit and CollectionDepartment.Utilizing resources such as; D&B, Hoovers, SEC filings, Financial Statements and customer research

Providing clients with credit, collection, inventory & reconciliations services.

Managed credit and collections, account reconciliations for 8 branches.Development and implementation of Credit Policies and Procedures, resulting in the reduction of branch violations.Credit analysis, utilizing D&Bi, CMA financial statements and customer approvals.Managed, monitored /filed mechanic leins, & letters of credit.Centralization of collections from the branch level to corporate creating a more frequent and consistent collection effort, resulting in an increase in monthly collections by over 20% for 8 branches.Worked with branch management & sales to resolve customer issues.Over project for customer data migration into new companies system.Managed legal accounts by third party agencies and attorneys.Member Credit Managers Association

Los Angeles, Ca, Us

Overseeing; collections; account reconciliation; cash application on National Accounts: Home Depot; Lowes; The Great Indoors [Sears]; True Value; Costco; Menard's.Developed process on large customer deductions, increasing the speed and accuracy of reconciliations.Developed Excel spreadsheet to reconcile large checks enabling us to increase speed and accuracy of cash application, reducing posting time from a day and half to less than three hours.

Chatsworth, Ca, Us

Started with MGA when it was a 45M a year company. Since then they experianced tremendus growth and by my departure sales had risen to almost 800M a year.Credit analysis and customer account approvals.Renegotiated payment terms on customers from N60 to N45, which resulted in a quicker turn over of the A/R and helped lower our DSO. Reduced Days Sales Outstanding, by improving charge back reconciliation and increasing collection activity on customers. In the process reducing 90 day balance from 13% to less than 2% of total A/R.Interfaced with sales to resolve AR issues, while maintaining a sold customer relationship.Instituted policy and procedures to recover 90% of POD claims from their largest customer (Wal-Mart). an additional 40% over their customers’ customary 50% settlement.Negotiated return allowance form 7% to 3% reducing the annual payout of almost 7 million to 2.9 million.Renegotiated return allowance agreement allowing an adjustment of actual returns vs. allowance resulting in an additional recovery of over 1 million dollars a year.Maintained ; reconciled GL accrual for allowance programs, resulting in saving the company over 100,000 annually.Developed monthly reports on Cash Projection, A/R Status, & Bad Debt Allowance giving senior management reliable reporting to aid in financial forecasting.Negotiated outsourcing returns saving the company the inbound freight cost on returns and ensuring an accurate third party accounting of the quantities returned.Assisted in the development of computer systems during two system migrations; Great Plains and Ax/Navision Attended trade group meetings - Reimer Credit Group

History

Education record