Miguel Ferrer Email & Phone Number

New York, Ny, Us

Elizabeth, New Jersey, Us

Headed the billing, credit and cash application department operations for a $200M logistics company. Department was Comprised of 2 managers and 11 staff.Key Achievement:• Reduced DSO by over 10 days by mitigating the impact of detention charges (“Per Diem”) associated with Supply chain congestion, increasing cash to the business by over $5M.

Jersey City, New Jersey, Us

In this capacity I spearheaded the end-to-end management credit, collection, and cash application department operations for $750M North East Division of Goya Foods Inc. while adhering to corporate policies and procedures. I instituted robust plans to manage credit and accounts receivable risk for 13K customer portfolios with consolidated value of $40M. I led the full life cycle management of electronic commerce expansion project across 50% of customer network to initiate a productive change. I substantially decreased risks of customer bankruptcies through conducting effective negotiations.Few are the highlights I brought to Goya Foods:☛ Optimized cash flow by two days with accumulated value of $4M through executing effective negotiations to ensure maximum compliance with cash discount terms and conditions.☛ Successfully reduced bad debt expense by more than 50% while enhancing customer access to credit through providing inspirational leadership in all accounts receivables functions. ☛ Steered the full life cycle management of ERP implementation on Order to Cash Area project while completing deliverables within established constraints.Related

Mclean, Virginia, Us

Mclean, Virginia, Us

Mclean, Virginia, Us

Chosen by Office of the President to launch unit wide governance framework for Pet Care business. • Reduced internal control lapses reported to zero in areas reviewed.• Responsible for PriceWaterhouseCoopers lowering risk assessment to low risk of material misstatement in the areas reviewed.

Mclean, Virginia, Us

Managed accounts receivable and deductions for largest customer account teams with sales of over $1B and trade investment of over $120M. Successfully maintained Wal-Mart, Sam's Club and McLane within Key Performance Metrics: Net Cash, Day Sales Outstanding and Deduction Resolution Aging.

Mclean, Virginia, Us

Properly valued Raw Materials and Finished Goods inventory. Hired, trained, evaluated and developed staff of 4 associates.Shortened period close time frame while delivering a more comprehensive reporting.Improved the analysis and forecasting of LIFO inventory valuation.Instituted physical inventory counts at our 3rd party manufacturers for Raw Materials and Cycle Counting procedures for Finished Goods at our warehouses, designing and issuing reports improving internal control over inventory.

Gb

Delivered engagement profits and client satisfaction while managing corporate risk. Audited financial statements, prepared management letters with suggestions and reviewed Client SEC filings. Supervised, trained and developed staff of 40 associates.Performed a variety of due diligent engagements including litigation support.

Master Of Business Administration - Mba

Bachelor Of Arts, Biology

Education record