Accounts Receivable Payable
Resume:
DAVID SANDLER
********@***.***
FLUSHING, NY
Career objective: To transfer my acquired skill sets in financial service
operations to the collections/accounts
receivable financial field.
LC PREMIUMS, NY
Jul 2010-Jun 2011
Collections, accounts receivable
. Collections on outstanding overdue accounts, negotiated settlement on
balances while maintaining firm's strong
relationship with client.
. Liaise with firm's accountant on account receivable issues, determining
which balances to pursue and which to
write off for client relationship purposes.
FINANCIAL SERVICES EXPERIENCE
Jan 1994- Apr 2009
Permanent employment firms including Credit Suisse First Boston, JP Morgan
Chase, Merrill Lynch
Contractor/Consulting firms including Deutsche Bank, UBS, Banker's trust,
BNP Paribas
Compensation claims
. Collections on outgoing claims, negotiated settlement of outstanding
claims with firms' clients and contra banks
while maintaining the firm's strong relationship with private banking
clients.
. Negotiated netting processes between the outstanding incoming and
outgoing claims to reduce firm's outstanding
claim totals.
. Reviewed firm's documents and communications for incoming claims to
confirm validity and to identify
department responsible for liability.
. Identified department or process within firm responsible for settlement
delay and subsequent claim.
. Created procedure to charge back the firm's internal department
responsible for delay and claim charges.
Settlements and fail investigations of domestic and foreign securities
. Settlements of domestic and foreign securities, via DTC, local foreign
market, and Euroclear.
. Collections on past settlement foreign and domestic fail issues,
specializing in aged fail cleanups; reducing
firms' exposure and debit charges while maintaining good relationship
with firms' counterparties.
Security, warrant, dividend, and currency reconciliation
. Investigation and reconciliation of outstanding security, warrant, and
currency positions, reviewing
client accounts, trading reports, agent statements, and stock records.
. Researched dividend payment errors, assisted in the recovery of excess
dividends paid to firm's clients
due to previous system calculation error.
Interest research, substantiation and allocations
. Created procedures for debit interest and bank fees to be charged back to
the trading profit and loss accounts,
reducing department's debit exposure.
RSV DESIGN, Montclair NJ
Jun 1990- Dec 1993
Bookkeeper, Collections, for an interior design firm
. Responsible for accounts payable, accounts receivable, payroll
(staff of 4) and bank reconciliation.
. Recorded all transactions and reported month end figures to firm's
accountant.
. Collections on outstanding receivables with firm's clients,
negotiated settlement on outstanding balances
while maintaining firm's strong relationship with client.
APPLICATIONS USED THROUGH CAREER
QuickBooks, Excel, Word, Swift, Bloomberg, ADP, DTC, Euroclear, numerous
intra firm applications
EDUCATION
Queensborough Community College
A.A. Degree, Liberal Arts
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