CATHERINE M. FASONE

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

Beacon, NY 12508

845-***-****

abhwga@r.postjobfree.com

SUMMARY

An Accounts Payable Manager with expertise in identifying critical issues and

developing strong resolutions.

Strengths include partnering, developmental management style with an analytical

approach to problem solving.

Extensive knowledge and strong communications skills working with Vendors, Suppliers

and Factors. Depth

and breadth of experience in the retail industry.

Century 21 Department Stores, New York, 8/02 - 10/10

NY

Accounts Payable Manager

? Import and Domestic AUR ? Ex ?

pe

ns

e

Pa

ym

en

ts

? American Express Rewards ? Stock Ledger/Purchase ? Dispute Packages

Program Journal

? Company Payment Goals ? Incentive

Program

? Staff consisted of 4 bookkeepers, 2 foreign bookkeepers, 2 expense bookkeepers; 4 vendor

relation

bookkeepers, 1 check bookkeeper, 2 clericals and 1 executive.

? Review and monitor the company AUR (Aged Unmatched Receipts) to ensure that company goals are met

timely.

resolution strategies which resulted in achieving the highest D & B credit rating in the company's history.

? Developed and retrained associates in policy and procedures to ensure compliance, accuracy and meeting

and maintain company goals.

for processing vendor payments early.

reward points potential.

? Implemented freight carrier claims program to ensure that all carton receiving shortages are submitted to

ensure recouping of losses in the designated time standard.

? Created and implemented an incentive program for the accounts payable department to reward

associate

performance.

? Implemented a bi-quarterly vendor debit balance report program and partnered with buying

division to

help reduce the company's liability.

? Created, implemented and maintained the Top 50 vendor program to ensure payments were prioritized to

ensure priority payments and good vendor relations.

? Inventory/Reconciliati ? Vendor Invoice ? Import & Domestic AUR

on Disputes

? Vendor Correspondence ? In ?

ve

nt

or

y

Ac

cu

ra

cy

? Scheduled, trained and evaluated staff of 1 executive and

9 associates.

? Researched pricing and quantity issues to pay vendor

invoices.

? Monitored, audited and approved all domestic & import invoice adjustments to ensure pending file

accuracy.

? Communicated with vendors and merchants, to reduce the amount of Prior Year Invoices by 84% in

Fall of 01

and 42% in Spring 02.

? Schedule key dates, organized A/P team and provided Inventory resource books for the A/P

Inventory

reconciliation process.

vendors to reduce inventory aged unmatched receipts from Spring 01 0.7% to Fall 0.0%, Spring 02-

0.0%.

? Resolved 95% of all vendor invoice dispute packages received before end

of year.

? Contributed to the Achievement of the company shortage

results.

? Improved monthly aged unmatched receipts aging for Imports by 2.8%

versus prior year.

PREVIOUS PROMOTIONS

Scheduled, trained and evaluated a staff of 2 executives.

Managed and reported the shortage results of 21 stores and 2 distribution centers

? Shortage Control Manager, Inventory/Policy and Procedures

Managed, coordinated, balanced and reconciled the company inventory consisting of 44 stores and 2

distribution centers. Researched, developed and created company

policy and procedures.

? Corporate Auditor, Stores

? Corporate Auditor, Distribution Centers

? Lead, Men's Furnishings

? Lead, Housewares

EDUCATION

No Degree

Dutchess Community College - Business Management

Hudson Valley Community College - Accounting 1 & 2

MANAGEMENT TRAINING

Dimensional Management Training

SAP - AC010 Business Processes in Financial Accounting

PROGRAM KNOWLEDGE

SAP, Escalate, STS; MITS, Great Plains, Excel; Word, Outlook

Contact this candidate