Michael B. Archard
*********@***.***
*** ******* ***** ** **********, AL 35803 (H) 256-***-**** (C) 256-
Professional Profile
Motivated leader and effective team-builder with 20+ years of experience in
working with domestic and international customers. Set realistic
objectives and consistently achieve or exceed these goals. Effectively
coordinate multiple projects in fast-paced environment. Recognized by top
management and colleagues for skill in resolving difficult issues with tact
and diplomacy. Sought out by management for ability to generate positive
referrals and repeat business. Eligible for secret level clearance.
Core Competencies
Finance & Accounting Business & Contract Law Customer Satisfaction &
Cost & Schedule Contract Administration Retention
Market Analysis Analysis Techniques Data Systems
Project Control & Negotiations
Key Accomplishments
ZENITH ELECTRONICS & AVNET ELECTRONICS
. Established credit departments from ground up for both companies.
KEYSTONE FOODS
. Relocated Credit Department from Philadelphia to Huntsville.
. Worked with IT group to develop customer EDI (electronic data
interchange).
. Maintain current DSO (days sales outstanding) of less than 14 days on net-
10 term.
ZENITH ELECTRONICS
. Decreased receivables of $1.2M over 6 months old to zero in 90 days.
Professional Experience
Weathertech Distributing Company, Inc.
2011-
Accounts Receivable/ Credit Manager
Reponsible for the collection of accounts receivable on Heating and Air
Conditioning Equiptment. Marginal customers are processed using joint check
procedure to minimize risk..I Work with customers to resolve Lein issues on
accounts receivable.I am Responsible for Lein releases and filing of leins
when necessary. Responsible for a staff of two
Reliance Worldwide-Birmingham, Al
2010-2010
ACCOUNT RECEIVABLES MANAGER
Responsible for the direction of staff to collect outstanding receivables.
Handled Electronic Data Interchange (EDI) issues relating to transmissions
to customers and payments to relieve accounts receivable balances. Assigned
accounts to resolve and reduce outstanding aging.
. Resolved over 90 day receivables on 5 major accounts with no write offs.
. Worked to resolve EDI and payment issues on top account.
. Worked with staff to establish new collection matrix for the credit
department
. Worked with IT group to obtain better system reports to increase
collection results
Keystone Foods, LLC - Huntsville, AL 2002-2010
CREDIT MANAGER
Set Credit Department objectives. Oversee total receivables of $160M-$200M
per month. Work with bank to post daily collections through online imaging
access. Review annual contracts to ensure compliance with company
objectives. Work with sales group to sell to international customers.
Establish letters of credit for higher-risk international and domestic
customers. Work with attorney to place delinquent accounts for collection.
Serve on credit organization team to discuss ways to resolve customer
collections and slow-pay issues.
. On establishing Credit Department, hired staff to work collections.
. Wrote department's Credit Manual.
. Worked with IT group to develop customer EDI (electronic data
interchange).
Arrow Electronics - Huntsville AL 2000-2002
SALES REPRESENTATIVE
Worked with Credit Department to credit-qualify marginal customers.
Enlarged Electronics Division customer base. Met or exceeded goals each
quarter.
Zenith Electronics - Huntsville, AL 1998-2000
CREDIT MANAGER
Developed Credit Department; hired department personnel. Oversaw
receivables and cash postings of $22M. Held yearly one-on-one process
reviews for each employee. Worked hands on with staff to pinpoint and
correct system issues; enhanced system to respond to orders being shipped
to delinquent customers. Worked with Sales Department and Warranty
Department to resolve account issues.
Avnet Electronics, Huntsville, AL 1987-1998
AREA CREDIT MANAGER
Directed budget preparation for 6 branches with total annual sales of
$300M; monthly receivables of $35M. Oversaw domestic and international
accounts in commercial and defense industries. Collaborated with leasing
companies to ensure that all paperwork met specifications to reduce late
payments.
. Negotiated domestic and international letters of credit, assignment of
proceeds, and escrow agreements to reduce marginal account risks.
. Negotiated notes receivable for customers relating to cash flow problems.
. Personally worked with staff on delinquent accounts to address customer
issues and resolve outstanding debts in ways satisfactory to both
parties.
Universal Data Systems - Huntsville, AL 1983-1987
CREDIT ANALYST
Served customer base of commercial and defense contractors. Collected
funds; analyzed each customer's financial statements to reach suitable
decisions. Collaborated with company departments to decide on appropriate
shipments. Monitored accounts by phone or letter to help customers
maintain or restore creditworthiness. Promoted to Senior Credit Analyst in
1987.
Redstone Federal Credit Union - Huntsville, AL 1976-1983
LOAN OFFICER
Coordinated operations and security branch office. Processed and approved
all loans and loan applications completed by loan counselors. Called on
credit applications; sold certificates in charge of counseling members.
Temporarily assigned to oversee NASA branch office as part of supervisor
training and experience.
Computer Systems, Software, & Tools
Oracle; Microsoft Office -- Word, Excel
Education & Professional Development
UNIVERSITY OF ALABAMA - HUNTSVILLE (UAH): Bachelor of Science - Finance
CALHOUN COMMUNITY COLLEGE: Associate of Applied Science - Business
Administration
Phil Crosby: Quality Education Seminar
Mason Dixon Toastmaster's International
Keywords
Analysis techniques, bachelor's degree, business administration, business
and contract law, contract administration, cost and schedule, data systems,
electronic spreadsheet, EVM requirements, fast paced environment, finance
and accounting, international suppliers/contractors, market analysis,
Microsoft Office, negotiations, price, project control, Secret level
clearance, team environment, word processing, workstation tools