MARILYN CANALES, MBA

***** ****** *****

San Antonio, TX 78249

Cell Phone: 210-***-****

ztfi7x@r.postjobfree.com

PROFESSIONAL PROFILE

A successful and motivated accounting professional, with MBA and over 10 years of accounting experience, include over 6+ years of focus in the area of Accounts Receivables. Demonstrate consistent record of increasing profit throughout tenure, being instrumental in reducing overhead and contributing to operational goals and personnel relations. Strong leadership and management experience includes leading, developing professional growth through effective and motivating mentoring strategies. Hands on and organized, with the ability to work effectively under stress, juggle multiple, competing tasks- while meeting goals of accuracy as well as deadlines, identifying opportunities to improve processes and services to achieve strategic and tactical goals. Possess good judgment, and the ability to communicate professionally with all levels, maintaining discretion and confidentiality.

EDUCATION

M.B.A. (Materials Management) – Turabo University, Puerto Rico (GPA: 3.67) 2008

B.B.A. (Accounting) – University of Puerto Rico 1999

SKILLS & QUALIFICATIONS

• Inventory control

• Sales

• Credit Investigations

• Cash management

• Collections strategies

• Internal and external reporting

• Management of credit lines

• Accounts reconciliation

• Accounts Payable

• Auditing

• Financial analysis

• Billing

• Customer service

• Personnel management

• Risk management

• Pricing

• Receiving and shipping merchandise

• Bilingual (English/Spanish)

PROFESSIONAL ACCOMPLISHMENTS

 Manager of Accounts Receivable Department: Increased cash flow by $10 million ($5 to $15 MM in cash) by reducing DSO from 55 to 32 days. Diminished the Accounts Receivable Aging from 45% to 6% over 90 days in six months. Diminished the collection of Accounts Receivable from 120 days to less than 60 days. Decreased the number of open invoices from 107 to 35 in eight months. Minimized risk from marginal customers through establishes credit limitations on customer accounts and minimized the uncollectible accounts. Directs and coordinates activities related to credit investigations. Audits delinquent accounts considered to be uncollectible before assigning bad-debt status to account. Liaison between AR insurer and customers regarding customer risk issues.

 Continuous Process Improvements: Established collection procedures such as collection letters and account statements for the customers. Evaluates effectiveness of current collection policies and procedures. Resolved technical problems in tracing sources for errors in billing rates. Reorganized and overhauled previously haphazard filing system. Improved office efficiency and customer service throughout evaluating industry technologies to improve departmental efficiencies.

 Accounting Management: Prepared and posted all necessary journal entries related to the daily, monthly and year end closings. Performed bank reconciliations including research of outstanding items in a timely manner. Generated invoices, posted sales and reconciled revenue accounts. Verification of deposits and posting to account receivable ledger. Maintained daily control of the store’s cash operations, keeping track of employees and cash deposits. Prepared weekly and monthly sales report. Performed some payments of invoices related to purchases of merchandise. Involved directly with accounts payable, pricing, inventory and costs. Monitors account receivable records, including claims and overdue invoices. Investigated, analyzed and offered solutions to internal audit findings. Assisted outside auditors on the yearly evaluation of the company’s performance. Responsible for entering into SAP system the new customer information and when a new ship to location is added to an existing customer. Review all price levels and broker’s commissions provided in the new customer form. Coordinated, participated and supported physical inventories at site locations.

WORK HISTORY

Credit & Collections Manager Vilore Foods Company, Inc. 3/2009 to 7/2010

San Antonio, Texas

Accounts Receivable Supervisor Vilore Foods Company, Inc. 9/2008 to 2/2009

San Antonio, Texas

Senior Accountant V. Suarez & Company, Inc. 5/2004 to 7/2007

San Juan, Puerto Rico

Accounts Receivable Analyst V. Suarez & Company, Inc. 12/2000 to 5/2004

San Juan, Puerto Rico

Bank Clerk II First Bank of Puerto Rico 1/1997 to 11/2000

San Juan, Puerto Rico

Collector I Internal Revenue Services 8/1994 to 12/1996

San Juan, Puerto Rico

Office Assistant Manager Cordero Badillo Enterprises 6/1990 to 07/1996

Caguas, Puerto Rico

COMPUTER SKILLS

Excellent software experience using SAP, AS400 and Microsoft Office: Word, Power Point, Excel

REFERENCES

References available upon request

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