Michael Doty Email and Phone Number

Global Credit, Collections, and Accounts Receivable management for $5B portfolio

Managing 20+ team members in multiple locations responsible for a4 Advertising Billing, Credit, Collections, Cash Application & Vendor Management

Global Credit and Collections responsibility for domestic and international cash collections of $3B+ yearly, Cash Applications, AR Systems, Executive Reporting, SOX, Compliance, Customer Credit Review and approval.Manage multiple credit & collection center employees based in India, Ireland and US.

• Management of global order to cash process, including invoicing, credit, collections and accounts receivable month end process• Responsibility of invoicing and collections of $2B annually supported by 4 professional exempt employees in 3 separate global locations• Generated savings of 200 man hours per month by transforming a manually intensive invoicing, collections & reporting process (~600 invoices per month) from MS Excel to MS Access • Perform weekly, monthly, quarterly & annual executive dashboard reporting and presentations of open receivables, invoicing, cash collections and cash forecast including supporting narrative reports and analysis

Global Credit and Collections with responsibility for domestic and international cash collections of $600M yearly, Cash Applications, AR Systems, Customer Master in Oracle, Reporting, SOX, Compliance, Customer Credit Review and approvalImplemented Oracle Advanced Collections module globallyEstablished and maintained policies and procedures for Collections, Credit, Cash Forecasting and Management, while continuing to drive for excellence in daily collections and workload Created and Implemented a detailed Excel model to compare weekly a rolling 13-week cash forecast vs. actuals incorporating future orders as well as open ARPerform weekly, monthly, quarterly & annual executive reporting and presentations of open receivables, cash collections and cash forecast including supporting narrative reports and analysis

Manage wholesale receivable portfolio in excess of $200M.Manage a team of 15 consisting of collectors, analysts and credit professionals. Manage a significant portfolio of customer chargebacks, disputes and adjustments.Oversee customer credit levels, terms and arrangements.

Global ownership of Credit and Collections function. Manage $100M to $200M of open receivables including day to day management of collections staff. This includes direct interaction with all global customers, monthly AR module close, Cash Flow Forecasting, Cash Application, Credit, KPI reporting to executives, audit analysis, Internal Controls to support Global SOX program

Americas Accounts Receivable covering the following roles: Collections, A/R Accounting, Cash & Transactions, A/R Systems, Reporting, SOX, Compliance, Miscellaneous Invoice Processing and Credit Administration. These responsibilities cover 48 full time employees with 8 managers in North America, South America and Central America.Americas A/R collection responsibility of $1B quarterly

Accounts Receivable management covering the following roles: A/R Accounting, Cash & Transactions, A/R Systems, Reporting, SOX, Compliance, Miscellaneous Invoice Processing and Credit Administration. Manage all A/R Accounting functions including analysis, account reconciliations, and journal entries for Allowance for Doubtful Accounts, Customer Deposits, Trade A/R, Contract Manufacturing A/R and Other billed A/R. Presentation of balance sheet accounts to executives on a quarterly basis. Manage credit administration process including maintenance of credit management records for all NA customers. Analysis and reporting of customers’ available credit. A/R System administration activities supporting accounting (SAP A/R), reporting and invoice dispute tracking tools. Lean Six Sigma order to cash team. Accounts Receivable/Dispute reporting to support Six Sigma objectives. Manage cash and A/R transactions team. Cash applications of approximately $1B quarterly managed by staff along with 1,000+ manual transactions per quarter including subledger adjustments and manual wire applications.

Manage and coordinate the Sarbanes-Oxley process to ensure that documentation and testing of controls is completed timely, accurately and within budget. Develop standard SOX 404 Management Self Assessment test programs for all significant cycles. Review SOX documentation, testing results and control assessments to provide feedback to Process Owners to ensure that internal controls are properly documented and properly self-assessed to support SOX requirements.

Managed 8 professional exempt employees performing invoice collection and analysis. Total open A/R ranging from $160M to $300M at any given point.Responsibility included partnering with Customer Facing Finance prime in developing aggressive, realistic detailed cash forecasts by customer (averaging 1500 customers); Drive cash collections and administration of customer accounts per contract terms; ensuring Internal Controls and process excellence in the Accounts Receivable transactions, accounting and reporting systems.Providing daily leadership, coaching and direction. Staff development, hiring decisions and performance management.