Accounts Receivable Credit Card
Resume:
ROBERT M. RAUSCH
Springfield, MO 65810
*******@*****.***
SUMMARY
A thorough, self-motivated, results-driven professional with an abundance of credit experience. Accomplished expertise in management, resource utilization, systems development and financial statement analysis. A proven communicator with a reputation for relationship building with both internal and external sources.
PROFESSIONAL EXPERIENCE
Dexter Distribution Group October 2011 - Present
F/K/A Redneck, Inc. or Redneck Trailer Supplies
2100 N. West Bypass
Springfield, MO 65803
Director of Credit and Collections
Managed Credit and Collections for $750 million organization with 10,000 customers through 48 satellite locations. Responsible for the extension of credit, administration of collection activity in accordance with Credit Department polices and procedures and safeguarding the accounts receivable portfolio.
•Instrumental in the upgrade and merging of several acquired companies’ aging portfolio into one ERP system.
•Worked closely with local bank to implement credit card system.
•Successfully negotiated credit card fees to 2.3%.
•During tenure, achieved and maintained common threshold barometers of over 60 percentage (5%) and DSO (30 days) to record lows while maintaining sales.
•Established terms and credit limits on new and existing customers.
•Analyze bad debt reserve requirements and recommend quarterly accruals.
•Negotiated secured transactions using letters of credit.
•Direct the posting of cash collections.
•On-site visits to customer locations as required to negotiate repayment of delinquent balances.
•Developed and implemented policies and procedures for the Credit Department. Use team effectively to perform tasks and handle workload in order to develop responsibilities for growth.
•Plan the future direction of the Credit Department based upon organizational goals and anticipated changes in the internal and external environment.
•Member of executive staff.
Mi-Jack Products Inc. August 2000 — June 2011
3111 W. 167th Street
Hazel Crest, IL 60429
Director of Credit
Developed and implemented policies and procedures to maximize sales and profit levels for both domestic and international customers. Report credit/accounts receivable information to senior management.
•Project manager in replacing antiquated/inefficient accounts receivable/credit system.
•Successfully accomplished 12-month payback through efficiencies.
•Reduced staff during company growth.
•Successfully cut DSO/past due percentages by more than half.
•Reduced bad debts below accounting standard.
•Involved in complex collection situations.
•Developed procedures for secured transactions, including guarantees, letters of credit UCC filings.
•Direct the posting of cash collections, both manually and electronically.
•Direct maintenance of accounts receivable ledger.
•Maintain strong relationships with financial institutions, service agencies, credit organizations and trade groups.
•Established terms and credit limits on new and existing customers.
•Analyze bad debt reserve requirements and recommend quarterly accruals.
Joseph T. Ryerson & Son, Inc. December 1990 — August 2000
2621 W. 1 5 th Place
Chicago, IL 60608
Regional Credit Manager
Supervision and development of staff of three. Departmental planning and direction, budgetary requirements, schedule technical training. Review the financial wherewithal of customers along with trade reports and letters of credit. Conduct on site review of customers operation.
•Team leader for replacing outdated computer system for accounts receivable/credit.
•Provided direction and support for the project for application compliance of all systems.
•Negotiated with all company's financial institutions to streamline operations.
•Negotiated computer equipment acquisitions and system software selection.
•Provided basic training to administrative and management individuals companywide.
•Lead in cost reduction through automation.
•Reduced regions DSO/past due percentages below company's objective.
EDUCATION
Kankakee Community College, Kankakee, Illinois
South Suburban College, South Holland, Illinois
PERSONAL ACCOMPLISHMENTS
1988— Chairman National Association of Credit Management Credit Group
1987— Vice-Chairman National Association of Credit Management Credit Group
1986 Secretary National Association of Credit Management Credit Group
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