Richard Gustafson Email & Phone Number

New York, US

• The primary responsibility of this role was to drive improvement in the company’s Days Sales Outstanding (DSO) by providing support to the National Cable collections team
• Direct interface with clients, senior leadership, internal partnership teams to ensure client account balances remain in good standing
• Maximizing efficiencies by continually reviewing client payment patterns to ensure that account balances are current and payment trends are in line with company standards with frequent communication with clients and.
• Served as a consultant and subject matter expert regarding ad agency processes/procedures. Assisted team with any issues that affected receiving cash timely and improved the DSO for several big $$ clients in addition.

New York, US

• Oversight and leadership of a team of 20+ for the agency media billing (over $500M) and operationsprocess, including accounts receivable-collections, accounts payable, billing, and client budget management departments..
• Responsible for AR Management with overall responsibility for collecting, application of payments, and proper accounting of all adjustments/reconciliations
• Support CFO by providing timely and accurate reports and trackers for analyzing AR, and forecasting.
• Developed strong vendor/client relationships, therefore, decreasing aged receivables/DOS (days outstanding) and increasing cashflow
• Meet monthly with CFO to discuss credit risk and collections performanceAccounts Payable
• Developed and maintained an effective system of internal controls over the payables process

New York, NY, US

Grey is one of WPP’s flagship global agencies and winner of several industry awards for innovation and creativity. They were voted Ad Age’s 2014 Agency of the Year. Most recently supported the NY client finance team in addition to managing a staff of budget coordinators. Previous role was the management of the Client Accounting (Accounts Payable/Billing).

New York, New York, US

Carat USA, a global leader in the media planning/buying industry is owned by Aegis Americas Network and was voted 2007 Media Network of the Year. Managed the Billing, Accounts Payable and Accounts Receivable departments. Notable accomplishments included increasing the timeliness of billing and negotiating longer payment terms with media vendors, resulting.