Edwin Bello
***********@***.*** 832-***-****
Summary:
** **** ***** ** ********** in the Industry of Banking, Manufacturing, Oil & Gas, and Logistics.
Expert at Financial Credit Analysis/ Review Financial Statements, Credit and Banking References, Credit Reports, personal guaranty and prepares credit recommendations on private or public companies.
Expert in Collections / Collecting 85% of Company receivables and keeping a clean DSO at 37 days. Make credit adjustment, Settlements, write off, cash application, Bankruptcy, third party collection agency and Lawsuits.
Fluently Speak, reads and writes in Spanish
Skills:
Excellent with Clients and Vendors for a long-lasting relationship.
Groom as Credit Specialist in today’s market, details financial analysis, company History in the exchange market for public and private companies, a multicultural employee with team and clients to secure a long-lasting relationship. I assist other department when requested in Quality Control, Inventory, Sales, Audits, Accounts Receivables & Payables, Purchasing, billing and Invoicing solutions.
Computer Skills:
Oracle, SAP, Peach-Tree, Get Paid, JD Edwards, Salomon, ADP, Ariba, Ebiz, AS400.
Microsoft Word, Excel, and Outlook.
Professional Experience:
Project Manager [ March 2017 to Present]
Worked for Flexible Lifeline with projects since December 2017 to March 2018 in the oil & gas, manufacturing, Government projects, and construction Industries. Managed Credit Application, Financial Statements, Credit and Banking reference, Credit Report, contracts, set up client in systems and approved up to $300K line of credit. Issues Invoices and collects their accounts receivables via e-mail and or courtesy phone call. Client Portfolio $10Million for the USA and $7 Million in Mexico. Prepared Account Receivable, and Billing reports for management and work with other departments for end of the month closing.
My Previous Project was with NOV from July 2017 to November 2017. Reviewing credit applications; working with Credit Report Agency D&B and customer Credit and Bank References. Depending on the project we request Financials Statements to work with sales for future business. Managed a $15Million dollars portfolio including US, Mexico, Brazil, Chile, collecting 70% of my receivables with 30 Days terms, and 90% on 60 days. Handling each client with courtesy via e-mail, letter and phone call. Handle disputes, adjustment processing, cash application processing, write off, accounts reconciliations, resolved short pay and credit notes. Interact with team, other departments and practice company credit policy.
From March to June 2017 I worked for a nonprofit organization as a volunteer. Assisting in Keeping accounting to office standards, prepared budgeting, cash application, prepared and reconcile donors accounts, make calls and visits for new projects.
DB Schenker, Inc. [ February 2016 to February 2017]
Senior Credit and Collection Analyst
Managed 300 accounts with a receivable of $12 Millions, collecting 85% of the aging and keeping a DSO at 35 in the US and collecting 70% in Latin America: Ecuador, Peru, Argentina and Mexico, with a DSO at 67 days. Prepared AR aging report for Manager and review difficult accounts for faster solutions.
Handle Credit applications, review all documents and prepare a recommendation credit analysis for line of credits when over $250K. My analysis consists on credit & bank references, D&B, Moody score, Financial statements, present and future projects, and who their clients are.
Interact with Billing and accounts managers to resolve any pending issues with our major clients; Schlumberger, Weatherford, NOV, Shell, Bechtel, GE oil & gas, ExxonMobil, Bp, and Noble Energy.
Project Manager [ January 2011 to January 2016]
From September 2015 to January 2016 I worked for a nonprofit organization as a volunteer. Assisting in Keeping accounting to office standards, prepared budgeting, cash application, prepared and reconcile donors accounts, make calls and visits for new projects.
From April 2015 to July 2015 I worked for NDE Technical Services as a Senior Credit & Collection Analyst. Verifying all credit application, Financial statements, credit reports D&D and NACM, credit and bank references. Set up client in the system and approved line of credit up to $500K, I also prepare recommendations when over my authority for upper management approval. Handle $50 Million dollars portfolio $30M in the US and $10M in Latin America; Colombia, Peru, Brazil, and Mexico, managing cash applications, credit adjustment, bad-debt, write off, resolved short pay and missed apply payments. Keep a DSO at 30 for the US and 45-50 days for Latin America, collecting 85% of the receivables.
From October 2014 to April 2015 I worked for NES Global, LLC as a Senior Credit & Collection Analyst. Managed all Credit applications; updated contracts, terms and conditions, letter of guarantee, Financial Statements, credit & bank references, credit reports review from D&B and NACM, review present and future projects and who their clients were, set up client on the system after approval up to $300K. Worked with Cash applications, short pays, adjustment, unallocated payments, reconcile accounts, credit & rebills, write off, bad debt. Handle a portfolio of $38M, with $20M US and $18M Latin America; Mexico, Brazil, Chile, Venezuela, collecting 90% of the receivables and keeping a US DSO at 35 and 50 days for Latin America.
From September 2013 to July 2014 Worked for Edgen Murray Corporation as Credit & Collection Assistant Manager. Managed a team of 4 with a $100M dollars portfolio in the US and $20M in Latin America. Handle and approved line of credit up to $1M, review client credit application, financials statements, bank & credit references, present and future projects, downs payments, terms and conditions, review D&B and NACM credit agencies, existing customers will review projects and payment history for a line of credit increase, and review credit report every year. Collected Commercial letter of credit, wire-transfer, ACH. Prepared AR aging for team, discuss top 100 major accounts, monthly meetings to tackle those accounts with issues. Collected 75% of aging in Argentina, Uruguay, Chile, Ecuador, Brazil and Mexico. DSO for US was at 40 and 70 days in Latin America. The major clients were Chevron, ExxonMobil, Shell, Weatherford, Noble Energy, NOV, Anadarko, and Oxy.
From February 2012 to August 2013 Worked for GE Oil & Gas as a Senior Credit & Collection. Secured appropriate documentation; Credit application, Financial statement, credit & bank references, pulled D&B credit report, negotiated terms and conditions by projects in Venezuela, Brazil, Ecuador, Colombia, Spain and Mexico, worked with my counter party on those countries for present and future project and company stability, set up accounts and recommend for those already client requesting a credit increase. Cash applications were done in US dollars and Euros. Assist on billing solutions for our clients; repair short pay, adjustment, price change, credit / rebill, adjust contracts, and write off. Collected 80% of my $45M dollar portfolio and keeping a DSO at 30-50 days.
From January 2011 to August 2011 worked for Confimex, Review credit application, D&B credit report, credit & bank reference, terms and condition. Set up client in the system, assist in billing and collecting balances. Processed cash applications. 100% balances collected and keeping a DSO at 20-30 days.
Precise Steel Inc and International [ February 2006 to December 2010]
Credit and Collection Manager
Managed account receivables over $30M and collecting 80% of our aging maintaining a DSO of 35 days.
Set up new clients once credit approval; Review credit application, D&B and NACM credit reports, financial statement, credit & bank reference, company history in details including present and future projects, secured personal guaranty, contracts, commercial letter of credit. 40% of the time visit client on major projects and continue relationship to secured payment on account.
Our client locations were; Colombia, Ecuador, Mexico, Argentina, Chile, Peru, Spain, Portugal and Brazil. We offer terms and conditions depending on the projects and some were secured by credit insurance, and letter of credits. My credit authority up to $1M and managed a $12M portfolio in Latin America and $18M on US receivables. Performed bank reconciliation, Inventory, cash application, audits, adjustment, settlements, payment plan, discounts and process resale tax certificates.
Worked hand in hand with sales department, accounts payables, purchasing and upper management to secure all negotiations with our clients.
Universal Steel America Inc. Houston & Chicago [ March 2002 to January 2006]
Credit and Collection Manager
Manage all credit application, credit Analysis, financial statements, credit & bank reference, details provided with D&B, NACM, Moody credit score, stock exchange annual review, present & future projects, contract negotiations, commercial letter of credit, personal guaranty, account reconciliation, established line of credit up to $1M, set up accounts terms and conditions for the US and Latin America; Peru, Chile, Ecuador, Argentina, Venezuela, Colombia, Spain, and Mexico.
Managed a portfolio of $47.5M of which $17.5M were international, collected 70% of the aging, worked with credit& rebill, adjustment, write off, short pay, ACH, cash application, account reconciliations, lien, bond, bankruptcy, resale tax certificates, settlement, payment plan, charge backs. Created excel reports for upper management in Germany, US Houston – Chicago. Travel to meet clients in upscale projects.
Education:
Union Cristiana Theological Institute, Hempstead, NY / B.S. – Theological Studies 1996
Seminar certificate in finance and accounting, WF World Outreach Ministry October 2003
Seminars on International Letter of credit by Wells Fargo HSBC trade bank June 2004 and Stand by letter of credits August 2004.
Seminar on Bond & Liens by Tom Barber Attorney at Law February 2004 [ provided by National Association of Credit Management of south Texas. I was a member of the association ]