Finance, Credit and Collections, Real Estate

David L. Joe **** Rosa Ln Punta Gorda, FL ***** - 913-***-**** - ****.***.****@*****.***

SKILLS SUMMARY:

Excellent analytical and problem solving skills

Extensive accounting, financial analysis and financial reporting experience

Substantial vendor management experience

Experience developing complex business cases/financial modeling

Extensive receivables management experience

Strong matrix management and communication skills

EXPERIENCE: West Ridge Properties LLC

President (Jan-10 to Current)

I am the President of three LLCs that manage rental property, flip houses, and own farm land.

Accomplishments: When I joined West Ridge Properties, we were losing money. I turned West Ridge profitable through sales of

underperforming properties, acquisitions of undervalued properties and expansion into rental homes.

EMBARQ/CENTURYLINK

Director, Credit and Collection Strategy (May-06 to Dec-09)

Developed models that simulated the financial and operational results of changes to credit, collection and fraud policies. These

results were used to create business cases to drive changes to these policies.

Accomplishments: As a result of Embarq’s spin off from Sprint, I launched all aspects of Embarq’s Credit and Collection

Strategy group including initial staffing, M&P development, vendor contracts and system development.

Developed system to detect Customers who were likely to experience high wireless overage charges. Developed process to

contact Customers and offer options to prevent high overage charges. This process resulted in a 25% reduction in Wireless bad

debt expense, a 45% reduction in average write-off amount and reduced churn by 10%.

Optimized credit policy which increased sales by ~10% and drove lifetime value of $15M for each year of sales .

SPRINT/Sprint-Nextel

Manager, Acquisition Strategy - Corporate Center Receivables (December-2002 to May-06)

Developed credit policy for wireless and wireline Applicants. Developed credit models and business cases to drive strategic

changes to credit policy.

Accomplishments: As a member of the Sprint/Nextel merger “Clean Room,” I created the new credit policy used by the

combined company on day 1 after the merger. This process included forecasting monthly Sales, Revenue, Bad Debt and Churn

for the combined company.

Optimized Credit policy which increased sales by ~7% and drove lifetime value of $24M for each year of sales .

Manager, Long Distance Receivables Management (April-2000 to December-2002)

Managed a staff of 40. Developed credit and collection strategy for Long Distance Receivables. Developed and tracked a

$150M+ bad debt budget and a 300 head period cost budget.

Accomplishments: Developed a mathematical process to calculate bad debt reserve requirements and bad debt expense run

rates that is still used today.

Developed a “Rate/Mix/Volume” approach to analyze bad debt expense variance. This approach provided structure to our bad

debt variance analysis efforts and improved our understanding of the root causes of changes in bad debt.

EDUCATION:

Rockurst College - Kansas City, MO - MBA with emphasis in management

University of Nebraska - Lincoln, NE - Bachelor of Science in Business Administration

Contact this candidate