JAMES C. BADE

*** ******** ******

Hackensack, NJ 07601

201-***-****

ab9m7q@r.postjobfree.com

www.linkedin.com/in/jamescbade/

SUMMARY

Credit & Collections professional with expertise in credit risk evaluation

and financial analysis across multiple industries. Maximizes cash flow and

reduces delinquency and days sales outstanding (DSO) through analysis and

segmentation of accounts, building relationships, coordination across

functions, and timely follow-through. Excellent coaching, mentoring, and

interpersonal skills.

PROFESSIONAL EXPERIENCE

CYTEC INDUSTRIES INC 2006-2013

Senior Credit Representative

Managed the extension of trade credit and the collection activity of a

large portion of Cytec's A/R portfolio (over 1,000 active accounts). Total

A/R base of over $400 million. Handled both domestic and export credit.

Prepared detailed credit & financial analysis on key accounts for review,

acceptance and approval by Cytec's upper management. Mentored and

supervised work of junior associates.

. Championed the working capital reduction project. Identified key

accounts for improvement. Working closely with senior management,

sales, and customer service, developed strategies for reducing days

sales outstanding. By identifying and addressing the root cause issues

involved in delayed payments payment from major customers,

successfully reduced companies days sales outstanding, exceeding

targets by 200%.

. Trained 5 collectors in the shared service center in the Cytec

collection process and the setting of priorities using the 9 box

segmentation approach as well as providing extensive training on SAP,

AS/400, and CFORIA collection software.

. Managed, maintained and distributed weekly collection reports to upper

management. Worked closely with sales management to ensure timely

resolution of escalated items. Oversaw the activities of the

collection team to ensure targets were met.

. Advised commercial management and sales personnel on the changing

status of problem/risk accounts, with specific recommendations on

courses of action.

. Conducted customer visits to secure financial statement information

and discuss account status.

. Solicited and facilitated the execution of legal documents securing

transactions such as documentary & standby letters of credit as well

as personal and corporate guarantees, asset liens and UCC-1 filings.

. Partnered with the Treasury Department in cash forecasting. Proactively

contacted customers to ensure prompt payment as forecast.

. Attended credit group meetings. Respresented manager as Secretary for the

Raw Materials and Rubber Association. Recorded and distributed minutes

for associate meetings.

. Handled bad debt administration. Worked with 3rd party collection agency

and outside counsel to maximize bad debt recoveries. Handled all

bankruptcy claims, reclamation actions and preference actions.

. Ensured all of Cytec's credit policy and procedures were met including

SOX.

TOYOTA TSUSHO AMERICA, INC. 2002-2006

Senior Credit Analyst

Managed over 600 active accounts with A/R balances over $50,000. Total A/R

base of over $250 million. Supervised Collector / Credit Assistant.

Prepared detailed credit & financial customer analysis reports for

management. Prepared Power Point presentations on high-risk customers for

senior management and board of directors.

Contacted customers to obtain financial statements and company credit

references. Contacted customer's CFO to discuss financial statements.

Reviewed monthly A/R aging. Contacted business groups on past due customers

and customers which had exceeded their credit limit.

Conducted visits of marginal accounts to observe operations and management

style and to obtain information for risk assessment.

Negotiated annual contracts for Dunn & Bradstreet and Credit Insurance

companies.

Knowledge of security agreements (i.e., Letters of Credit, Personal and

Corporate Guarantees, UCC-1 filings).

Handled bankruptcy claims, reclamation actions and preference actions.

Represented company at NACM credit group meetings (National Metal Importers

Credit Group).

Handled accounts placed for collection. Filed claims with credit insurance

companies.

Internal Auditor for ISO 14001 compliance

EVONIK GOLDSCHMIDT CHEMICAL CORPORATION 1999-2002

(formerly a division of Crompton Corp.)

Senior Credit Manager

Performed all credit/collections responsibilities for 500 active accounts

with A/R balances over $50,000.

. Handled both domestic and export credit.

. Developed guidelines for processing export sales and handling commercial

letters of credit

. Assisted in implementing SAP financial system.

. Handled bankruptcy claims, reclamation actions and preference actions.

. Represented company at national credit group meetings and seminars.

. Consulted with banks and credit agencies.

. Conducted customer visits.

CROMPTON CORPORATION 1990-1999

Senior Credit Manager

Managed credit/collections for 500 active accounts with A/R balances over

$50,000.

. Team facilitator for working capital reduction project. Addressed slow-

paying accounts with sales managers.

. Reduced "Days Sales Outstanding" by more than 10 days while still

maintaining maximum sales levels.

. Assisted and guided other credit associates in financial statement

analysis.

TECHNICAL SKILLS

Extensive knowledge of SAP, IBM AS/400, JD Edwards, Lotus Notes, Microsoft

Word, Excel, Power Point, Outlook, Cognos, CFORIA and D&B Risk Assessment

Manager.

EDUCATION AND PROFESSIONAL DEVELOPMENT

VILLANOVA UNIVERSITY, Villanova, PA.: B.S. in Business Administration with

emphasis in accounting.

The Ed Kellerman Seminar, New York, Financial statement analysis and credit

seminar.

New York Institute of Credit, New York, Credit courses in banking and

financial analysis.

The American Export Training Institute, Philadelphia, PA, Seminar on export

financing.

Contact this candidate