Marlene M. Email & Phone Number

Chicago, Il, Us

Romeoville, Illinois, United States

 Director - team lead of 20: Revised all 20-team member 2020-2021 reviews in mid-year to support “SMART” goals, adding development and highlighting accomplishments and/or strengths. Identify gaps in business needs, create roles to support those needs Lead the documentation processes and ensure the proper training of all team members to maximize their performance. Create projects for credit dept. to support business needs and promote development (Fraud review, bad debt, unclaimed property, credit memo process, collector reason codes) Develop and monitor Key Performance Indicators, Updated/Added KPI’s for improved communication and understanding of metrics to upper management, Sales, team Retain, attract, and develop top talent by creating an environment that drives team member engagement consistent with Magid’s core values. Focus on improvement of Internal Controls, with detailed and documented processes to manage cross-functional aspects of accounting, including balancing GL accounts where both AR and AP transactions impact financial resultso Identified out of balance transactions in bank GL dating back to Februaryo Create daily bank balancing for AR-Cash Application to ensure timely and completion of all cash receipts and support balancing GLo Created an environment to promote individual growth leading to opportunities both inside and outside finance o Set processes in place to promote cross training, creating a diverse talent pool o Recruit entry level candidates to support internal turnover Within 13 months at Magid, promoted 5 individuals internally into Finance, Payroll, Marketing, Credit Organized and kicked off first Return to Work team building event, “Finance Shark Week,” which led to renewed sense of work life balance & pride in workplace while also promoting company culture that was highlighted on LinkedIn company webpage resulting in recruitment leads

Wood Dale, Il

 Credit and Accounts Receivable Manager – direct reports (4), additional restatement direct reports (9) Work closely with the CFO of a global, $400MM company to develop and implement a global credit & collections strategy as well provide leadership and focus on improving the company’s working capital/borrowing base – weekly review for continuous improvement Lead on Restatement team – Revenue/Documentation support covering 2014 through 2016 Key contributor to SEC investigation team as subject matter expert for overall credit policy and historical analysis with outsider view; Revenue recognition analysis and testing on average 75% of restated year revenue Develop Policy and Procedures for Accounting, Sales, Shipping – entire revenue cycle, with additional training on a format for various groups Implement Internal Controls and self-reporting failure tracker to increase opportunities for improvements and solidify audit  Establish and implement credit and collection policies and procedures in compliance with federal, state, local and company regulations and standards Oversee the management of workflow and portfolios to reduce risk, DSO, and track past due metrics Prepare monthly management reports, schedules, analysis of credit insurance, impacts on borrowing base Oversee month-end close completion, documenting all processes for a 2-day close requirement Collaborate with multiple levels of management and various business segments including Finance, Sales, Customer Service, Marketing and Information Technology Identified Key cash flow improvements, reducing past due balances by 18% in first 60 days of hire Review contracts of key customers to ensure compliance with existing policy and procedures, as well as improve payment history and AR balance Transition customers to portal invoice delivery, reducing discrepancies and delays, while educating and training stakeholders in Order to Cash cycle

Naperville, Il

Cash flow analysis, Procure-2-Pay process improvements, Account reconciliation, Monthly Risk Review for assigned accounts, and Implementation of best practices for exception based customers.Analyze & manage entire Order to Cash cycle for department Manager, Director of Credit, and VP of Shared Services, focusing on gathering data, analyzing payment trends & cycle time, creating reports, and establishing Solution Based processes for all levels of organization. Work with Sales and Project Managers to create specialized report analyzing customer payment history in order to leverage payment terms to optimize cash flow and reduce work load - Past due reduction of $12 million over 12 month period.Lead monthly Energy SBU Presentation meeting with Business Operations Managers, Sales District personnel, Credit Supervisor, and Order Management Supervisor & Staff utilizing reports that summarize concerns and offer strategies for improved business results.Negotiated reduced terms for Key account with Global Account Manager & Director of Procurement, reviewing customer contract to find ways to improve operating profit with change in business requirements.

Lisle, Il