Michael O. Email & Phone Number

United States

• Manage, train, and support the AR team in all aspects of the AR role.• Achieved a reduction of 80%, $2.5M, in aging within 3 months of being assigned the task.• Headed two major reconciliations for two customers that resulted in discovery of over $135k in unbilled revenue. This spanned a time period of over 3 years and included a final report pulling from 4 different data sets.• Reduced the time required to create a bi-weekly aging report by 78%, 45 mins to 10, using macros in MS Excel.• Primary contact for all outside groups in handling a variety of escalated invoicing issues. This included timesheet, travel and procurement issues.• Responsible for funding and billing schedules updates in Unanet for new and current projects based on the contract/modifications.• Assign all unbilled revenue to the AR billers for invoicing and following-up of draft invoices, up to 120 invoices a month.• Generate over 35 invoices, totaling over $7M, including time detail, procurement and expense reports & backup and submit them into the customers portal upon Project Managements approval. Portals include: WAWF, IPP, Tungsten and Ariba.• Responsible for reconciling and analysis for all accounts at the end of the contract, average of 5 a month. • Work internally with other departments to develop and improve processes, procedures, and controls necessary for labor postings.• Participate in the month-end closing process by researching unbilled items and bank reconciliations.• Quarterly Accounting Metrics Reporting – Includes all invoices by type: Cost Plus, Fixed Price & Time & Materials, including metrics on Customer Submission & Payments times.• Part of the annual I.C.S. (Incurred Cost Submission) team tasked with completing the I.C.E. report.• Assist with providing documentation for both internal and external auditor requests.• Provide ad hoc reporting and analysis to upper management as requested. Including designing custom reports.

Greater Seattle Area

Review and post sales invoice transactions, up to 30 a day.Process credit memos and journal entries along with resolving invoice discrepancies including tax corrections.Customer collections, achieved $1m in a three month period including $500k that was more than 1 year outstanding.Reduced time required to create bi-weekly aging report from 1 hour to 10 mins using macros in excel.Assisted in creating a monthly dashboard and reviewing it with upper management. Compile customer credit evaluation materials for credit check review. Work internally and with other departments to develop and improve processes, procedures, and controls necessary to book transactions appropriately.Participate in the accounting close process, including preparation of monthly reconciliations and related analysis.Compile audit PBC requests and selections for revenue testing.

Kyiv, Ukraine

Main duties included being responsible for revenue activities totaling on average $750,000 per year.Received and verified the accuracy for recorded payments from client projects. Responsible for creating a monthly comprehensive financial report and reviewing the status of all projects including: Fulfilled and pending projects, received and outstanding invoice payments from customers.Assisted with creating an annual budget analyzing and forecasting the following year’s financial activities.Assisted in identifying budget inefficiencies and creating solutions to reduce costs.

Overland Park, Ks - Telecommuter From Kiev, Ukraine

Main responsibilities included creation of purchase requisitions, analyzing monthly and yearly reports including monthly receiving & purchase orders, conducted accrual analysis and process vendor invoices totaling over $760M a year.Provided guidance for the Amdocs Vendor team of 2 to handle over 120 separate projects totaling over $760M annually including procuring financial approvals from Directors to the CEO, contract review, monthly accruing, yearly forecasting and reconciliations.Conducted weekly meetings, involving multiple departments, to review current and future projects. Generated a monthly vendor budget scorecard report and conducted monthly meetings, involving high level management, to review all financial activity from the previous month. Provided IT Finance support for the daily IT operations and management from small to large-scale projects/budgets for multiple departments within IT-Customer Billing Services.

Herndon, Va

Researched on a monthly basis disputes for 245 accounts by contacting sales, customer care, order entry, tax department and other functional areas within XO to resolve customer impacting disputes. Submitted monthly an average of $50,000 in adjustment requests to Reconciliation Manager. Created and implemented an automated macro process to upload tax info into eRam thus cutting the time of manual entry by 25% and reducing errors by 100%.Contacted customers on as needed basis for payment of undisputed balances. Met department 60 plus aging and delinquency goals by continuously working with the customers on their disputes and other outstanding billing issues.

Ashburn, Va

Managed 11 major government accounts totaling a monthly recurring charge of $4.7 million dollars. Responsible for monthly audit and creation of vendor invoices, using four distinct data models. Created a monthly audit that recognizes credits owed to the vendor, ensuring the responsible department is issuing the credits in the required time-frame as per contract. Maintained internal database of monthly invoices reducing the possibilities of erroneous billing by 100%. Researched monthly dispute claims averaging $100,000, achieving 100% resolution within 1 bill period.

User Innovation

Bachelor'S Degree, Business Administration And Management, General, 3.4