Michael Dearman Email & Phone Number

Greensboro--Winston-Salem--High Point Area

Responsible for reviewing, determining, and processing high-volume, time-sensitive, Credit Approval requests as a Shared Service provider to multiple subsidiaries, for a leading supply chain management company.

Oakridge, North Carolina

Supports the Bank’s loan compliance and client service efforts by reviewing loan files for accuracy, ensuring documentation is accurate and complete, and providing analytics and reports.

Jamestown, North Carolina

• Daily processing of DR’s/PO's (Delivery Receipts/Purchase Orders) for billing.• Complete billing and send all reports and spreadsheets to GM & Corporate headquarters daily. Along with invoicing customers.• Daily and monthly general ledger updates.• Complete credits spreadsheet and reconcile w/AR reports daily/weekly.• Cash posting daily & reconcile with appropriate approvals.• Maintain collections spreadsheets weekly and monthly.• Light business to business Collections.• Month-end inventory with the plant.• Cross Training with AP & payroll as back up.

Greensboro/Winston-Salem, North Carolina Area

Contracted (8 mos) for a reputable nationally recognized bank in the Greensboro area (BB&T). • Reviewing post closed mortgage loan documentation for compliance and accuracy.• Reviewing loan files to insure compliance with all state and federal lending regulations.• Comparing closed loan parameters to investor & portfolio products guidelines.• Conducting proactive & effective pipeline management in accordance with performance standard expectations.

301 N. Main St. Winston Salem, Nc. 27101

Contracted (four months) with a top client (RAI-formally RJR). Assisted with converting over to a new financial/payment system. Which required analyzing financial business information and keeping the information updated within excel spreadsheets.

Greensboro/Winston-Salem, North Carolina Area

Managed over 400 accounts providing financial and delinquency counseling to delinquent mortgagors to recover savings for the company and borrowers. Evaluated each account to determine eligibility for government assistance. Formulated workout proposals based on financial information provided and presented to the investor and or lender for approval.

Fully responsible for an A/R portfolio in excess of $15 Million dollars with annual sales over $100 Million dollars and handled in excess of 500 accounts. The largest account balance was over $1million dollars. Developed close rapport with customer base an internal sales organization to maximize collection efforts/minimize accounts receivable balances. Negotiated payment plans with problem accounts, based on defined company guidelines to ensure that the balance was paid as timely as possible. Established strategies to achieve goals based on benchmark DSO and past due aging percentages.

Resolved delinquent and problem accounts through collection calls, customer service calls & communicated with correspondents through customer/collection service centers.Set up and approved broker packages for correspondent accounts and conducted wire transactions for purchasing and selling of accounts.

Handled over 300 FHA & VA accounts. Devised payment plans to reduce the foreclosure process & conceived over thousands of dollars in late fee payments over a period of 4 years.Evaluated incurable accounts for further actions and worked with HUD to take assignment of FHA loans in danger of foreclosure.Monitored and adjusted released bankruptcy/matured loans.Conducted classes on payment plans, input of data, customer relations and phone etiquette.

Bs, Business Administration

Activities and Societies: Men's Varsiety Basketball team

Diploma, General Studies

Activities and Societies: Men's Varsity Basketball Team, Marching Band