Accounts Payable Vice President

EDWIN G. BALTAZAR

**** ***** **** **** **** ***** Fleming Island, FL 32003

203-***-****; *****.********@*****.***; www.linkedin.com/in/edwinbaltazar

Experienced and innovative Accounts Payable leader with a track record spanning more than 15 years, marked by increasing responsibilities. Proficient in managing procure-to-pay processes and optimizing cash flow, while maintaining a strong emphasis on the entire accounts payable cycle. Demonstrated ability to spearhead process enhancements in high-volume settings, overseeing the centralization of Accounts Payable operations in two multi-billion-dollar enterprises. This proficiency extends to being recognized as a visionary, creative thinker, and strategic leader adept at managing high-volume responsibilities.

PROFESSIONAL EXPERIENCES

SBC Properties, LLC Conyers, GA January 2015 – February 2023

Director of Operations

Orchestrated the creation, organization, and execution of marketing strategies aimed at procuring properties

Formulated property-specific budgets to anticipate seasonal fluctuations and assess rental turnover risks

Negotiate and reduced expenses by 25% with existing contractors

Managed building maintenance through the selection and contracting of essential service providers to ensure the seamless daily operation of the business

BTQ Financial New York, NY July 2010 – December 2013

Chief Operations Officer

Generated weekly forecast report of schedule payable expenses to all clients for accurate budgeting

Oversaw and guided Client Managers to execute the deliveries of all financial reports to clients

Spearheaded the development of processes and the design pilot for software as part of New York State's healthcare billing initiative

Reduced Accounts Payable headcount from 10 to 4 professional with an annual savings of over $200k

Implemented new month-end closing procedures

Trained staff on clients’ policies and procedures to ensure effective monitoring of revenues and expenses

Revised the disaster recovery plan, and it achieved a 100% success rate, with all operations fully restored by the following business day following the impact of Superstorm Sandy

Cenveo Stamford, CT September 2005 – June 2010

Vice President – Accounts Payable

Responsible for all supply relationships, invoice processing and payments representing over $1.5 billion of annual sourcing spend

Prepared discount rebate forecast based on market trends and supply purchasing to present to the CFO and CEO monthly

Implemented prompt-pay discounts program and grew prompt pay discounts from $3.4 million to $12 million annually in three years, achieving the result during a downturn of the economy and a reduction in company’s sales

Centralized the Accounts Payable and Cash Disbursement functions by reducing the department size from 108 to 15 professional, yielding a $3 million dollar in savings annually

Documented and implemented departmental policies and procedures to comply with internal and external audits (Sarbanes Oxley)

Managed all Accounts Payable functions which included tracking, coding, and processing 25K invoices per month

Audited and approved journal entries for month-end accruals

Managed all 1099 Reporting and IRS E-filing

Drafted and communicated annual employee performance reviews

Created and provided the Treasury Department with a comprehensive check mailing schedule on a monthly and quarterly basis for strategic cash management purposes

Negotiated and eliminated $2 million in prompt pay discount chargebacks from vendors

Rolled out the Purchasing Card program, consolidating and monitoring vendor procurement to enhance purchasing power

Recipient of the Cenveo 2006 Extra Mile Award

Velocity Express Westport, CT March 2004 – September 2005

Vice President - Purchasing

Centralized Cash Disbursement, Accounts Payable, and Purchasing functions resulting in better cash management savings

Controlled and negotiated $300 million of annual sourcing spend related to capital equipment, supplies, travel, office equipment and supplies, energy, information technology and telecom

Developed, documented, and implemented departmental policies, procedures, and processes

Negotiated favorable terms with over 700 vendors resulting in better cash management

Analyzed the company's annual expenditures and implemented core vendor programs to maximize purchasing power

Consolidated and centralized vendor spending to increase negotiation leverage, resulting in larger rebates and discounts

Implemented policies and procedures to monitor vendor spending, ensuring compliance company-wide

Moore Wallace (R.R. Donnelley) Stamford, CT May 2001 – March 2004

Manager – Accounts Payable

Centralized Accounts Payable and Cash Disbursement functions

Designed and implemented an all-new batch tracking system that eliminated the redundancy of invoice processing

Designed and implemented Centralized Vendor Master System for adding, modifying and deleting of vendors

Developed, documented, and implemented departmental policies and procedures

Increased Prompt Pay Discounts to $8 million annually

Performed integration activities for four mergers and acquisitions totaling $8 billion in revenues

Assisted with Sarbanes-Oxley and other compliance requirements

Trained and supervised a team of 17 professionals

Managed all Accounts Payable functions which included tracking, coding, and processing 30K invoices per month

Monitored and processed daily Positive Pay for fraud preventions and accurate clearings

Established EDI solution and EFT payments with key vendors, increasing leverage and purchasing power

Posted and cleared AR invoices to AP invoices through bilateral netting

Resolved and rectified Goods Receipt/Invoice Receipt exception reports

Managed all 1099 Reporting and IRS E-filing

EDUCATION

Western Connecticut State University, Danbury, CT:

Bachelor of Business Administration – Finance

ADDITIONAL CREDENTIALS

TECHNICAL SKILLS JD Edwards; Lawson; Hagen; SAP; PeopleSoft; Microsoft Dynamics; Great Plains; Microsoft Office

References: Available Upon Request

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