The Executive Profile of
Kevin J. Kelley
215-***-**** add3ku@r.postjobfree.com North Wales, PA
International Credit and Collections Professional
Acknowledged Expert in Financial and Credit Management, Collections, Contract Assessments, Bankruptcy, Negotiations and Customer Relations
Innovative Solutions to Spur Customer Purchasing
Proven Effective Across All Business Lines
Overview of Experience
Spearheaded, staffed, built, trained and managed a full-functioning credit and collections/Accounts Receivable department for an international SMT (circuit board) equipment company
Applied aggressive internal and external financial, collection and credit strategies to drive sales 400%
Effectively managed comprehensive credit functions for all international locations covering North and South America, Europe and Asia
Reputation for maintaining financial stability and driving revenues throughout career including 15 years with a leading $40 Billion international electronics manufacturer
Made continuing contributions to increased pre-tax earnings leading a financial/operations team of 7 direct and 75 indirect reports
Held vital management team position as expert in financial, credit and overall business support, established to expand the capital equipment division using effective merger and acquisition strategies
Point person for studying, in tandem with legal team, all new business asset-liability contracts to assure the exclusion of unwanted obligations upon acquisition of other companies
Devised new sales incentive and commission models for both U.S. and international teams that spurred significant new sales growth in specific markets as high as 75%
Select Accomplishments
Achieved and aggressively sustained a 28-day global DSO using a variety of financing tactics
Boosted cash flow as a result of reductions in DSO (Days Sales Outstanding) by 6 days and DIO (Days Inventory On hand) by 5 days
Played instrumental role in guiding a $100 million manufacturing firm to a 600% rise in annual revenue from $18 million to $110 million in only 4 years, remaining on board to plan and execute bankruptcy proceedings and close out operations prior to sale/acquisition by $40 billion Tyco Electronics
Negotiated lucrative deal with used equipment manufacturer/broker to sell inventory to manufacture and resell parts back, creating a revenue stream of $7 million per year by enabling the continued service contracts resulting in one of the most profitable parts of the business with 60% profit per piece of equipment sold
Established an order review committee to ensure machine performance met expectations in wake of ballooning of receivables to a cost-prohibitive $2.5 million
Designed a progressive commission model featuring 7 distinct product lines and groups, ranging from 0.5% to 15%, after long remaining at flat 5%, realizing 25% higher sales and 30-35% higher profit
Spearheaded an innovative leasing program whereby products were assessed by outside company and assume management of a select number, spurring sales growth by 10% over 4 years
Reduced global on-hand inventory value by $6 million for non-active product lines
Introduced automation to the inventorying process with a system that performs precise periodic counting and eliminated the annual two-week shutdown traditionally required for inventory analysis
Defined and installed sales projection budget triggers to automatically recalculate any budgetary changes
Installed Financial Controls to ensure continued financial stability
Key Skills
Accounts Receivable Management • Negotiation & Collections
Asset-based Financing • UCC Protection
Bankruptcy • Computer Skills
Credit Management, Analysis and Processing ᵒMicrosoft Office (excel, word,
Credit Policies and Procedures power point)
Financial Analysis ᵒSAP
Leasing ᵒQuick Books
Letters Of Credit ᵒOracle
Mergers & Acquisitions ᵒSymix
Career History
Teva Pharmaceuticals, North Wales 2018-Present
World’s largest generic pharmaceutical
Credit Analysis
New York Life, Bala Cynwyd 2013-2017
Fortune 100, Mutual Insurance Company
Financial Services Representative
St. David’s Episcopal Church, Wayne, PA 2010-2013
Largest Episcopal Church in Pennsylvania.
Parish Administrator (2010-2013)
Tyco Electronics Automation Group, Willow Grove, PA 1993 - 2008
International $40 billion electrical connector and SMT (circuit board) capital equipment manufacturer.
Director of Business Support (2006-2008)
Director/Manager of Credit & Collections (Quad Systems pre-merger 1993-2008)
American Meter Company, Philadelphia, PA 1982 - 1992
International $120 million gas meter manufacturer.
Credit Manager (1984-1992)
General Ledger Accountant (1983-1984)
Billing Supervisor (1982-1983)
Education
LaSalle University
BS Accounting
Personal
Member of Hatboro Rotary, Treasurer of Chamber of Commerce, Member Peco Bowling League, Camp Erin Counselor, Married father of 3, Antique car enthusiast