Somerville, NJ *****
Josephine Potts *********@*******.***
Objective: Seeking a challenging position that will utilize my background
in banking and collections management
Experience:
Paulus Sokolowski and Sartor LLC 2004- 2009
Warren, NJ, New Jersey Accounts Receivable Manager
Accounts Receivable Manager for an integrating design and engineering
company
Prepare bank deposits and post cash daily
Create cash collections spreadsheets and predict monthly cash forecast
Maintain cash and collections spreadsheets
Contact clients with accounts over 60 days delinquent
Identify potential problem accounts and advise senior management
Assist in resolving invoice issues between clients and project managers
Cash summarization spreadsheets prepared to monitor cash flow throughout
month
Extensive use of excel for spreadsheet preparations.
Summary:
Collection Average 50% on accounts 60 plus days past due
United Trust Bank/PNC Bank 1995-2004
Bridgewater, New Jersey Collections Manager
Collections Manager for the Consumer and Community Business bank department
Directly responsible for overseeing collections of delinquent accounts
including indirect auto, home equities, small business, manufactured
housing, commercial and various leasing products
Created payment strategies for amicable payment arrangements to minimize
charge-offs and losses to the bank
Review problem accounts to determine if further actions needed, i.e. legal
assignments, outside collection agencies and arranging repossession
assignment
Prepare and present monthly collection spreadsheets for senior management
Represent the bank in court on legal accounts
Complete understanding and practice of bankruptcies and FCDA guidelines
Written and verbal presentation of yearly reviews to employees
Excellent listening and communications skills
Summary:
Delinquency average was kept under 1.50% of a 650 million
dollar portfolio
Charge-offs averaged fewer than 40% of the budget allotment
Machine Tool Finance Corporation 1985-1995
Bridgewater, New Jersey Portfolio Administrator
Portfolio Administrator for commercial leasing accounts
Collections of accounts 10-59 days past due
Account reconciliation
Litigation support
Prepare monthly spreadsheets of collections for senior management review
Summary:
Delinquency average .98% of a 300 million dollar revenue
Professional Training:
ABI Classes in Principles of Banking and Accounting
"Lead the Way" Workshop
Bankruptcy and FDCA seminars
Telephone seminars and mini workshops on various collection related topics