BARRY C. RAPPAPORT

*** ******** ***. . ****** *****, PA 19090

215-***-**** (cell) . acw0oa@r.postjobfree.com

http://www.linkedin.com/pub/barry-rappaport/9/783/451

COLLECTIONS/ACCOUNTS RECEIVABLE MANAGER, DIRECTOR

Experienced collections manager with a successful track record of reducing

DSO and increasing cash flow for both fortune 500 and mid level companies

with domestic and international operations. Additionally experienced in

the monthly, quarterly and year-end closing procedures and knowledgeable in

SOX procedures for public companies.

DSO Reduction . Increase Cash Flow . Revenue Recognition . Profit

Improvement . Credit Risk Evaluation

Cash Forecasting . SOX Policy Implementation . Collections Portfolio

Management . Get Paid . SAP

EDUCATION

Bachelor of Science in Accounting

PENNSYLVANIA STATE UNIVERSITY . University Park, Pa

PROFESSIONAL EXPERIENCE

THOMSON REUTERS, Philadelphia, Pa. . Aug 2010 - Present

$13B (US) Information subscriber

Senior Collector

Forecast and collect cash for multi-million dollar portfolio using

Get Paid software.

. Reduced DSO every month, increasing cash flow.

. Exceeded forecast every month.

. Train new collectors on software and collections techniques.

. Resolve customers invoice issues both internally and externally.

. Maintain 20-25 million average monthly portfolio with 90-98%

current A/R

CONSULTING POSITIONS: 2009 - June 2010

WOLF BLOCK LLP, Philadelphia, Pa. $150M law firm in wind-down

Collection Manager

. Responsible for collections of all customers for a Top 10

(Philadelphia) law firm with over 300 attorneys during the

dissolution of the company.

. Supervised 1 administrator who was assisting with collections.

. Reviewed invoices with the customers for billing errors, and

offered credits and discounts to collect the outstanding balances

through Elite.

. Worked with the Controller on collection strategies to get as much

cash collected during this difficult time.

INFOLOGIX, Hatboro, PA, $100M Health Care technology

RECOVERCARE, Bensalem, PA

2009 - June 2010

OPTIUM CORPORATION/FINISAR, Horsham, Pa. . 2006- 2009

$125M optical system manufacturer - Telecommunications and TV

Accounts Receivable/Billing/Credit/Revenue Manager

Track revenue recognition, collect cash, set credit limits, and post

A/R for the corporate office as well as 2 international subsidiaries.

Perform monthly, quarterly, and yearly closing procedures. Assist

with internal and external audits.

. Reduced DSO significantly, maintaining the improved level

throughout my tenure with the company.

. Maintained a $27-$30 million average monthly portfolio with 90-95%

current A/R

. Helped transition the company from private to public.

. Prepared SOX policies for Revenue recognition, A/R, Order Entry,

Billing, and Collections.

IMPAX LABORATORIES/GLOBAL PHARMACEUTICALS, Philadelphia, Pa. . 2002- 2006

$100M generic and branded pharmaceutical company.

Revenue/Accounts Receivable/Billing Manager

Track revenue recognition, collect cash, set credit limits, and post

A/R for the corporate office. Perform monthly, quarterly, and yearly

closing procedures. Prepare bank reconciliations for all company

accounts. Assist with internal and external audits.

. Reduced DSO by 20%.

. Helped transition the company from private to public.

. Prepared SOX policies for Revenue recognition, A/R, Order Entry,

Billing, and Collections. Part of an 8-member SOX committee.

. Member of the IT Steering Committee (prioritize IT jobs for the A/R

department) and Validation Committee for PRMS (computer system).

. Supervised 2-3 employees

GENERAL INSTRUMENTS/MOTOROLA INC. (Broadband), Horsham, Pa. . 2000- Nov.

2001

$30B global communications company

Accounts Receivable Management Specialist

Forecast, collect and post $40-60 million per month portfolio

. Reduced DSO by 20%

. Exceeded yearly forecast by 10%, which allowed the company to

better manage its cash position

. Developed daily spreadsheet for lockbox depository that resulted in

better forecasting for the company

CECO GROUP, Conshohocken, Pa. . 1995 - 2000

$40M fiber bed filter manufacturer.

Senior Accountant (1998 - 2000) (five facilities)

Consolidate subsidiary balance sheets and income statements from five

facilities. Analyze job cost and labor postings for each job. Assist

with external audits. Hired new employees and wrote periodic progress

reviews.

. Developed procedures to significantly reduce the audit preparation

and consolidation time to 5 business days

. Developed actual versus budget spreadsheets for all sales personnel

that resulted in increased performance

Accounts Receivable Supervisor (1995 - 1998)

Collect and post cash to the A/R. Prepared invoices for billing.

Perform monthly, quarterly, and yearly closing procedures. Prepare

bank reconciliations for all company accounts. Assist with external

audits

. Reduced DSO by 15%

. Analyzed and improved cash flow

. Prepared commission schedules and revenue schedules for sales team

. Supervised 3-4 employees

ROSENBLUTH INTERNATIONAL TRAVEL AGENCY, Philadelphia, Pennsylvania . 1984-

1995

$2.5B travel management company.

Financial Analyst (1990 - 1995)

Analyzed corporate reports and entered data into spreadsheets and

graphs to present directly to customers

. Developed a report for Rosenbluth's first international client

(Smithkline Beecham). That report is now used for all

international customers

Corporate Collections/Supervisor of A/R (1984 - 1990)

Collect and post cash to the A/R. Prepared invoices for billing.

Perform monthly, quarterly, and yearly closing procedures. Prepare

bank reconciliations for all company accounts. Assist with external

audits. Hired new employees and wrote periodic progress reviews.

. Reduced DSO by 15%

. Developed the cash receipt that is currently used in all offices

across the country.

. Supervised 5-6 employees

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