Kate Wilcox Email & Phone Number

Los Angeles, Ca, Us

Pittsburgh, Pennsylvania, Us

Review Credit applications for accuracy in accordance with legal guidelines. Review customer credit profile, perform credit check utilizing industry tools, analyze financial statements and grant open credit lines consistent with sales and accounts receivable goals of assigned branches to achieve goals established by CEO,, sales management, Director of Financial Services, and Region Financial Service Manager. Protect A/R by securing personal or third party guarantees, use of mechanics lien law statutes.• Compile, analyze and maintain information on credit worthiness on all customers within assignment• Approve and control extension of credit to all customers within the limitations established within Financial Services guidelines and Limits of Authority, using credit instruments (i.e., UCC, joint checks, letters of credit, liens, payment and performance bonds, guaranties) as appropriate; make recommendations for credit limits over limits of authority.• Forecast and collect the accounts receivable • Train Financial Services and Branch employees and customers as appropriate.• Maintain aggressive follow up to ensure prompt resolution of Claims and Deductions • Reconciliation of customer accounts, including unapplied cash• Daily customer account maintenance• Conduct research as required• Customer and branch visits to develop and maintain strong relationships• Authority to restrict credit as appropriate and within guidelines of WESCO Policy• Create A/R invoices or credits within scope of authority • Prepare and submit required reports on timely basis• Participate in LEAN and other task force groups as determined by management• Review Aging and Claims and Deductions monthly with Branch Management, taking necessary action to improve performance and achieve established goals and objectives

Santa Ana, California, Us

Project position to install at local divisional location of Global Chip Manufacturer to create project map for upcoming conversion to Oracle. Analyze all credit and accounts receivable duties including credit review and analysis, cash receipts posting, month end close and tie to GL, collections, year end and month end audit, and document any and all areas in need of process improvement and outline procedural changes necessary for improvement and for successful Oracle implementation. Balance intercompany cash between divisions. Scope of project was to perform all accounts receivable duties and prepare outline for Senior Management areas that should be slated for process improvement immediately, technology advances related to accounts receivable procedures including automated cash receipts entry, e-invoicing and others, and for successful Oracle implementation. Identified several risk areas and outlined procedures for improvements, personnel changes, and timelines for implementation of improvements and Oracle implementation scheduled outline. Completed month end and year end audits both internal and external. Utilize Great Plains, Microsoft Excel, Word, Outlook, Adobe, Network systems, electronic record storage and procedures. Updated procedures and performed Sarbanes Oxley testing.

Consultant to the Vice President of WCET, an international nursing organization. Assemble and summarize survey results in four different languages utilizing lookup formulas and pivot tables to express percentages of responses. Assist VP in preparation and assembly of files, charts and photos to include in presentations to membership on a variety of topics including complex medical terminology. Perform administrative duties including membership management, contract negotiations, billings and other duties.

Santa Ana, Ca, Us

Supervised staff of 9 in the Accounts Receivable and Collections functions for $5B title company. Month end close and reporting activities including the export of data from Oracle into excel, exported two separate files including AR data, and cash receipts to combine into one spreadsheet utilizing Vlookup in excel to combine into a single reporting showing AR data and cash received by customer over 30, 60,90 etc. Prepared month end financial reports of AR for Senior Executive Management. Organized and lead monthly meetings by department to improve collections and increase cash flow. Prepared detailed analysis of $70M AR Balances and presented findings to Finance Manager, CFO and VP of Operations. Recommended new procedures to provide for more effective collections strategies and increased cash flow. Trained and mentored staff in all areas of accounts receivable and collections. Implemented 10 day demand and dunning letter program resulting in increased cash flow. Negotiated 15% rate with third party collection agency. Created processing matrix including error rate by processor to track performance of outsourced cash application firm in India. Held regular meetings with offsite cash application staff to improve error rate. Collected over $3M over 120 within the first 60 days of employment.

Northbrook, Illinois, Us

Designed, implemented and performed all Credit Review and Accounts Receivable policies and procedures for subsidiary division of International Manufacturing Company supplying a state of the art fitness product to resellers, fitness clubs and big box retailers. Assisted with the company move from Chicago to Southern California. Mentored and trained administrative staff in Corporate best practices in accounting and duties to comply with company policy. Designed and produced weekly reports including a 13 week rolling cash forecast, AR Aging analysis, DSO, Bad Debt and sales allowance. Created online credit application utilizing Dun & Bradstreet DNBI system which incorporated real time credit reports for new and existing customer base. Lowered DSO from 100 days to 47 days. Fostered a cooperative relationship with sales department to improve customer relations and increase cash flow.

Us

Consultant sent to companies to bring Accounts Receivable and Credit Departments in compliance with Sarbanes-Oxley Act. Wrote domestic and International credit policy and accounts receivable policies and procedures. Highlights include solving problem with system configuration of SAP that was causing orders to be blocked for shipment. Reconfigured system to conform to current business requirements. Solved major problem with EDI issue that was causing 80% of orders from IBM to remain unpaid due to a leading zero issue. Implemented auto download of cash receipts from bank lockbox to clear invoices with payments automatically. Savings of 32 labor hours per week, approximately $30K annually. Separated duties of staff to conform with Sarbanes requirements. Redesigned credit card processing system resulting in a cost savings of $15K annually.

Teaneck, Nj, Us

Supervised staff of 11 in all areas of order processing, cash receipts and collections for publicly traded software and hosting firm selling to major healthcare providers and insurance companies with annual revenues of $500M. Project leader for AR and Order Management system for company conversion from Great Plains to Oracle for duration of 18-month project. Reviewed complex consulting and sales contracts and created billing templates in Oracle. Billing templates were then used for monthly recurring billings and eliminated the errors in billing we had prior to going to Oracle. Scheduled and lead bi-monthly AR meetings with my staff and all project managers and sales individuals with past due accounts. Conducting these meetings allowed us to attack the AR and within 6 months of implementation DSO was down to 42. Supervised and mentored staff, wrote and conducted employee quarterly and annual reviews. Educated, trained, disciplined, enabled, and allocated staff in accordance with business requirements and company policies.

Aliso Viejo, Ca, Us

Credit Manager and Accounts Receivable Manager for Semiconductor Manufacturer. Credit review and analysis of all new and existing customers. Sent requests for trade references and analyzed Dun and Bradstreet reports and financial statements. Set and adjusted credit lines according to customer spend requirements and payment performance. Maintained the customer master file. Processed all invoicing, cash receipts, RMA's, credit memo's and adjustments to AR. Created weekly AR flash report for management detailing AR balances, cash receipts, DSO, sales and collection activities. Recovered all Letter of Credit transactions and instituted discounting of Letter of Credit transactions in order to maximize cash flow and improve customer relations by providing a method for the distributor base to receive extended pay terms through LC's payable at 90 days sight. Travelled to client sites to educate their staff on Letter of Credit procedures. Assisted with the preparation of documents in order to facilitate the sale of Linfinity Microelectronics to Microsemi. Reported directly to Corporate Controller.

Bachelor Of Arts (B.A.), Pre-Law

Associate Of Arts (Aa), General Aa For Transfer To Uci

Licensed Emergency Medical Technician