Credit Manager Cheif Financial Officer
Resume:
Lee Tucker
Lanett, AL *****
**.*********@*****.***
Professional Experience
Vice President-Finance
Johnston Textiles, Inc. Phenix City, AL 11/11-7/14
Reporting to the CEO. Responsibilities include financial reporting, accounting and cash management. Includes cash forecasting and budgeting for company. Responsible for Human Resources and all Information Technology matters including choosing operating system software.
Worked closely with sales on credit lines on existing customers and setting up new customers.
Worked closely with vendors and purchasing in order to get best possible deals for the company.
Treasurer
Johnston Textiles, Inc. Valley, AL 02/04 – 11/11
Large privately held textile manufacturer. Responsibilities include: accounts receivable, accounts payable, credit and collections of over $80million in sales. Submitting daily, weekly, and monthly borrowing bases to the bank and managing a loan facility of over $23 million. Negotiating asset based loan with bank group. Also responsible for coordination of bank auditors associated with the asset based loan. Duties include cash flow projections, Compliance Reports, collection of invoices, daily payment and borrowing of revolving facility, financial statement analysis, comparative ratio analysis, monthly DSO analysis, opening and reviewing credit applications and Letters of Credit, setting credit lines, negotiating payment schedules. Also meeting with vendors and customers to discuss financial statements, negotiate credit terms and give financial reviews to maintain open credit terms.
President/Owner
Tucker Financial Services-12/02-02/04
Company began by me to service credit and accounts receivable of companies who wanted to outsource those corporate functions. National company with clients in excess of $100million. Responsible for reviewing existing credit lines and setting new lines within the guideline or policy of the client. Also responsible for collection of the accounts receivable.
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Treasurer
Johnston Industries, Inc. Columbus GA 02/00-12/02
Johnston Industries was a $600 million publicly traded textile company.
Responsible for all accounts receivable, accounts payable, credit, collections, banking relationships
Duties included negotiating with the lenders, submitting bank borrowing bases and directly supervising
10 people.
Director of Credit
Johnston Industries, Inc. Columbus GA 07/93-02/00
Consolidated four different credit departments with over 5,000 accounts and over $600million annual sales into one main corporate function.
Responsible for negotiating ACI, Dun and Bradstreet contracts
Responsible for writing a corporate credit policy and credit manual to be used by the Company in granting credit terms.
Responsible for hiring credit and accounting personnel to fill the corporate credit and accounts receivable positions.
Director of Corporate Credit and Claims
West Point Stevens 07/80-07/93
Large publicly held Textile Company with over $2.1billion in sales
Held various positions from Assistant Credit manager to Director of Credit and Claims
Responsible for merging J.P. Stevens credit and claims department with West Point’s credit department
Successfully bringing down DSO numbers of neglected accounts in addition with the collection of Claims taken by customers
Visited all major customers to insure a smooth transition from one credit policy to another.
Directly supervised 36 people including Credit Managers, Claims Managers, and Customer Profile personnel.
Respective Summary
Over 34 years financial management experience with demonstrated abilities involving cost effective problem solving and supportive customer relations.
Experience in dealing with banks and setting up asset based loans and reporting.
Experience in selling “dead” receivables to 3rd party debt buyers, and in purchasing puts in order to sell companies with questionable financial conditions.
Many customer and vendor visits to encourage growth in sales and continued open credit lines during a tumultuous time in the Textile Industry.
Many years of experience in dealing with credit reporting agencies such as Dun and Bradstreet and Lyon Business Credit to discuss the financial condition of the company in order to receive a correct report as well as negotiation of contracts for the credit department
Well-developed oral and written communication skills, aggressive, professional, personable and very reliable.
Experience with Letters of Credit (International and Domestic), Personal Guarantees, UCC Financing, Bankruptcy Law and Financial Statement analysis.
Strong customer service orientation; successfully solving customer problems and complaints including making customer visits to resolve issues.
Proficient in the use of Excel, Word, and Infinium Software.
Staffing experience, including interviewing, hiring, training, terminating, performance appraisals, and salary negotiations.
A self-starter, flexible and results oriented.
Open to new challenges and responsibilities with opportunities for continued development.
Education
Auburn University
Bachelor of Science Business Management Troy University
CCA Program with Association of Financial Professionals
Affiliations
National Association of Credit Managers (21 years)
Association of Financial Professionals (7years)
Southern Textile Group
As President, successfully merged Southeastern Textile Credit group with the Southern Textile Group
Piedmont Credit Organization
References
Available upon request
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