Pete Sosebee Email & Phone Number

Alpharetta, Georgia, United States

ACCOUNTING & FINANCIAL EXECUTIVE PROFESSIONAL SPECIALIZING IN COMMERCIAL PROJECT MANAGEMENT

Alpharetta, Ga

• Mentor, direct and develop team of up to 11 direct and in-direct team members and manage outstanding debit collection functions to ensure funds promptly reimbursed. • Administer and analyze financial metric reports to track outstanding accounts receivable that effectively reduced outstanding balances by more than $500K annually.• Develop annual budget of $11.1MM and manage forecasted expenditures to ensure expenses are within strict budget demands.• Perform cash flow analysis and forecasting utilizing financial model projections and manage financial reporting to ensure operations fully optimal. • Develop and implement risk analysis and manage cash flow forecasts to ensure organizational initiatives achieved. • Analyze financial statements and prepare analysis reporting to ensure monthly, quarterly and yearly financial close are accurately reported. • Build and cultivate internal and external relationships and negotiate contract terms and agreements that effectively increased collections from charge-off accounts. • Developed and implemented returned checks policies and procedures and manage automation processes in collaboration with Information Technology to ensure collection guidelines effectively upheld.• Performance Management: conduct annual performance appraisals, corrective action and terminations to support high employee morale and retention. • Collaborate with third party collection agencies and manage outstanding collections that decreased write-offs by more than 17%. • Developed and implemented collection and treasury processes and procedures and trained staff members with guidelines that effectively streamlined protocols. • Partner with IT department and develop program modules that accurately captured funding vs. non-funding transactions. • Developed Non-sufficient Fund Collections Program and manage check redeposit submissions that effectively achieved 45% recovery rate for enterprise bank clients and 35% for network recovery.

Roswell, Ga

First Vice President, Credit Risk Management 01/2008 – 11/2011 • Coached, directed and developed up team of up to 12 Branch Managers and managed credit and collection operations to ensure branch initiatives fully achieved. • Created and analyzed financial metric reports utilizing Excel and tracked outstanding accounts receivable that effectively reduced outstanding balances by more than 21%.• Developed and implemented secured credit approval processes and procedures and trained staff members with guidelines that effectively streamlined protocols. • Performance Management: conducted annual performance appraisals, corrective action and terminations that effectively supported high employee morale and retention initiatives.• Analyzed financial statements and prepared reporting analysis to ensure monthly, quarterly and yearly financial close are accurately reported. • Reviewed outstanding loan portfolios and conducted collection calls that achieved 100% of net-30 payments. • Developed and implemented Credit Card Program and managed credit approval operations for secured and unsecured credit cards that increased customer retention. • Created and implemented secured credit approval processes and procedures and trained staff members with guidelines that effectively streamlined protocols. • Developed underwriting procedures and managed commercial and consumer loan requests that ensured credit approval protocols upheld. • Partnered with General Counsel Government jurisdiction and Police departments and investigated fraud check cashing incidents to ensure legal actions are fully enforced. • Researched financial technology software solutions and implemented Enterprise Financial Global Systems to ensure accounting and collections accurately managed and reported.

Roswell, Ga

Director, Risk Management 03/2007 – 01/2011 • Mentored, coached, directed and developed team of up to 7 Risk Analysts and Collection Specialists and managed stored value cards, check cashing and loan operations to ensure organizational consumer collection initiatives achieved. • Performance Management: conducted annual performance appraisals, corrective action and terminations that effectively supported high employee morale and retention initiatives. • Interviewed and hired highly qualified candidates and conducted onboarding training to ensure high employee retention. • Created and analyzed financial metric reports utilizing Excel and tracked accounts receivable that effectively reduced outstanding balances by more than 28%.• Developed and implemented risk analysis and collection processes and procedures and trained staff members with guidelines that effectively which reduced outstanding collections down to 9.16 basis and achieved lowest recorded points in Company’s history. • Collaborated with General Contractor and managed branch buildout logistics to ensure renovations are in line with Company branding initiatives and within strict time demands.• Created and implemented stored value card collection processes and procedures and trained staff members with guidelines that effectively streamlined protocols. • Developed and implemented loan program policies and procedures and managed processes to ensure loan approvals in line with strict protocols. • Partnered with General Counsel Government jurisdiction and Police departments and investigated fraud check cashing incidents to ensure legal actions are fully enforced. • Built and cultivated vendor relationships and negotiated collection agencies contract terms and agreements to support net-90 day and charge-off collections.

Roswell, Ga

Director, Finance & Collections 09/2005 – 03/2007 • Mentored, coached, directed and developed team of up to 5 Collection Specialists and managed Credit and Collections Program to ensure Company initiatives achieved. • Performance Management: conducted annual performance appraisals, corrective action and terminations that effectively supported high employee morale and retention initiatives.• Interviewed and hired highly qualified candidates and conducted onboarding training to ensure high employee retention.• Developed and analyzed financial metric reports utilizing Excel and tracked outstanding accounts receivable that effectively reduced collection basis from 12.28 down to 9.53 points and increased check cashing volume by 28%.• Analyzed general ledger and 15 bank accounts and reconciled discrepancies to ensure financial statements accurately reported. • Created and implemented Check Cashing processes and procedures and managed protocols that increased approval ratings from 86% up to 91%.• Developed and implemented English and Spanish Check Approval and Collections Procedures Manuals and trained team members with processes and protocols to ensure Company polices upheld.• Created job descriptions and interviewed and hired highly qualified candidates to ensure department fully staffed and employee high employee morale accomplished.

Roswell, Ga

Controller 03/2002 – 09/2005 • Coached, directed and developed team of up to 5 Accountants and Accounting Specialists and managed full cycle accounting operations to ensure financial reporting initiatives achieved. • Performed journal entries and reconciled and managed financial statements and general ledger to ensure month-end, quarter-end and year-end financial close accurately reported. • Developed $4MM budget and managed expenses to ensure expenditures in line with strict budget demands.• Performance Management: conducted annual performance appraisals, corrective action and terminations that effectively supported high employee morale and retention initiatives.• Interviewed and hired highly qualified candidates and conducted onboarding training to ensure high employee retention.• Performed cash flow analysis and forecasting utilizing financial model projections and managed financial reporting to ensure bank operations fully optimal for 12 branches. • Analyzed and reconciled 15 bank statements and managed accounts payable and accounts receivable functions to ensure of all bank accounts and general ledger accounts within bank operations. 15 bank accounts. • Developed and implemented accounting and financial policies and procedures and trained staff to ensure financials accurately reported. • Built and cultivated internal and external relationships and negotiated vendor contracts to ensure organizational operations optimal. • Collaborated with General Contractor and managed branch buildout logistics to ensure renovations are in line with Company branding initiatives and within strict time demands.• Managed Employee Benefit Program, including PTO, 401K and flexible spending and negotiated healthcare insurance pricing to support high employee morale and retention.

Bachelor Of Business Administration - Bba, Management And Finance Degree

Activities and Societies: President, Student Government Association 23rd Annual Student Symposium, Center for the Study of the U.S..

Associate Of Science - As, Business Degree

Activities and Societies: President - Student Government Association