Tom Brower
San Pedro, CA 90732
*********@*****.***
PROFILE HIGHLIGHTS
Hands on result driven Credit Manager with over 20 years experience running
entire Credit/Collection function of companies up to $450M. Documented
success in developing, maintaining and re-structuring Credit, Collections
and Accounts Receivable departments. Consistently successful in reducing
Accounts Receivables DSO and bad debt.
AREAS OF STRENGTH
Develop strategic plans, programs and policies that drive business, revenue
growth and value to company.
Complex problem resolution, ability to prioritize and multi-task.
Effectively able to interact with all level of management and personnel.
Develop policies and procedures in alignment with company objectives.
Strong Financial Analysis, able to process credit applications on a timely
manner, able to exercise independent judgment in establishing terms.
Effective leadership skills, recognized for hiring and talent development
of up to 13 individuals.
Maintain up to date complete credit files.
PROFESSIONAL EXPERIENCE
EPP/TLC, Long Beach-CA $10M Non-
profit providing vocational services
Manager/AR
April 2012 - Present
Solely responsible for all activities in the Accounts Receivable functions
of the company.
Monitor collections and investigation of delinquent accounts for veterans'
services.
Billing planning and implementation.
Month end closing
Reduced DSO to a ten year low, while maintaining excellent customer
relations.
IXIA, Calabasas-CA $450M Hardware
manufacturer and Software developer
Manager/Credit/Collections
February 2004 - April 2011
Managed the Collection management function and oversaw the Credit control
function
Leading and motivation 5 person team in order to meet collection targets
Analyzed customer financial statements and reviewed credit reports to set
credit limits and facilitated lines of credit, letters of credit and rental
arrangements.
Provided cash forecast, reserve, and high-risk reports to upper management.
Evaluated staffing needs; hired, trained, and managed support staff as the
company expanded.
Maintained over 60 days past due receivables to less than 5% while
providing excellent outcomes.
LG International (America) Inc., Cerritos-CA $250M Conglomerate
Distributor and Import/Export
Corporate Credit Manager
July 2002 - November 2003
Managed all credit, collection and accounts receivables.
Established new policies and procedures for continual improvement of credit
and collections.
Secured outside financing for equipment customers of up to $30 Million.
Prepared cash flow forecasts and provided advice in assessing bad-debt
reserve level adequacy.
Worked with Credit Insurance provider to offset averse credit risk
Network Services LLC, El Segundo-CA
$50M Telecommunications provider
Director of Collections
January 2000 - July 2002
Manager of 13 person collection staff that collected on over 2,000 accounts
monthly.
Solely responsible for approval of new accounts and large orders for two
offices.
Moved A/R department to an automated lockbox program, and updated website
to provide customers with the ability to make payments via the Internet.
Reduced over 60 day past dues to less than 1% from over 18%
Textured Coatings of America, Inc., Los Angeles, CA $20M
Specialty Coatings Manufacturer
National Credit Manager
January 1995 - January 2000
Solely responsible for approval of new accounts and large orders for two
offices.
Managed staff of three.
Responsible for creating, managing and releasing all construction liens.
Increased monthly collections over 22%, reduced 60 day to less than 5% from
18%.
EDUCATION
B.A. Degree- California University Northridge-CA- Major: Accounting
TECHNICAL SKILLS
MS Office
Dunn & Bradstreet
Oracle
JD Edwards
QuickBooks
MAS 90