Andrew Macahon
Chicago,IL
Summary
Professional in financial recovery with solid experience in identifying discrepancies, analyzing data, and implementing effective recovery plans. Strong focus on team collaboration and achieving results, adaptable to changing needs, and highly reliable. Skilled in data analysis, problem-solving, and process improvement with keen eye for detail and accuracy. Known for excellent communication and interpersonal abilities that facilitate successful outcomes.
Overview
13
13
years of professional experience
Work History
Asset Recovery Analyst
GGP
Chicago, IL
07.2024 - Current
- Analyzed recovery data to identify trends and optimize processes for improved outcomes.
- Monitored customer accounts for payment delinquency and initiated collection efforts.
- Maintained accurate records of customer accounts, payments and payment plans.
- Worked with customer to create debt repayment plan based on current financial condition.
- Prepared and submitted legal documents to initiate court proceedings.
- Developed and implemented strategies to enhance debt recovery efficiency across multiple accounts.
- Collaborated with cross-functional teams to ensure alignment on recovery objectives and best practices.
- Reviewed complex cases, providing strategic recommendations for resolution in challenging scenarios.
- Conducted risk assessments to determine potential impacts on overall recovery efforts and initiatives.
- Conducted detailed financial analysis to assess debtor''s ability to pay and determine appropriate course of action.
- Participated actively in department meetings sharing valuable insights which led towards better decision making in recovery efforts.
- Contributed to team success by sharing knowledge about effective techniques used in resolving difficult cases leading to better results.
- Collaborated with cross-functional teams to optimize recovery efforts and maximize results.
- Negotiated settlements with clients, ensuring mutually beneficial outcomes while maintaining company guidelines.
Senior AR Accountant
GGP
Chicago, IL
07.2019 - 06.2024
- Researched and resolved A/R billing and invoicing problems.
- Verified details of transactions, including funds received and total account balances.
- Reconciled accounts to clarify tenant inquiries and resolve AR balances.
- Accurately applied payments to ensure correct account balances.
- Worked with an aging report to assist with collection efforts for past due balances.
- Completed and submitted data requests to rectify billing issues.
- Performed monthly account reconciliations to identify general ledger variances.
- Worked with Lease Accountants and tenants to rectify year-end settlement variances.
- Escalated past due accounts to further assist in collection efforts.
- Reviewed all past due accounts bi-annually to determine proper direction in collection efforts.
- Executed AR reporting and processing enhancements.
- Trained junior staff on AR policies and best practices to enhance team performance.
- Enhanced cash flow management with diligent invoice follow-up and timely collections.
- Collaborated with cross-functional teams to resolve discrepancies in payments.
Billing & Collections Specialist
Jenner & Block LLP
Chicago, IL
07.2018 - 07.2019
- Researched and resolved A/R billing and invoicing problems.
- Verified details of transactions, including funds received and total account balances.
- Audited bill packages prior to submitting invoices to clients.
- Rectified escalated accounts receivable issues from clients.
- Executed accounts receivable reporting enhancements and reconciliation procedures.
- Worked with an aging report to help with collecting payment for past due invoices.
- Created reports to help collect payment for past due invoices.
- Performed A/R write-offs for doubtful accounts.
- Received, recorded, and banked cash and checks.
- Prepared monthly billing and A/R reports.
- Electronically billed clients through different eBill vendors.
Accounts Payable / Receivable Clerk
Great Western Beef Company
Chicago, IL
10.2015 - 07.2018
- Processed an average of 500 invoices per month for a high-end meat packing retailer.
- Renegotiated payment terms with dozens of customers.
- Calculated figures such as discounts, percentage allocations and credit notes.
- Verified details of transactions, including funds received and total account balances.
- Suggested process improvements to secure prompt and regular receipts for the organization.
- Coded the general ledger and processed vendor invoice payments.
- Rectified escalated accounts payable issues from employees and vendors, as well as accounts receivable issues from customers.
- Researched and resolved billing and invoicing problems.
- Executed accounts receivable reporting enhancements and reconciliations procedures.
- Received, recorded, and banked cash, checks, and vouchers as well as reconciled records of bank transactions.
Accounts Payable / Receivable Clerk
Continental Packaging, Inc.
Elgin, IL
09.2013 - 07.2015
- Processed an average of 1,000 invoices per month for a small box packaging organization.
- Calculated figures such as discounts, percentage allocations and credits.
- Verified details of transactions, including funds received and total account balances.
- Suggested process improvements to secure prompt and regular receipts for the organization.
- Coded the general ledger and processed vendor invoice payments.
- Rectified escalated accounts payable issues from employees and vendors.
- Researched and resolved billing and invoice problems.
Education
Bachelor of Science - Accounting
DePaul University – Driehaus School of Business
Chicago, IL06-2018
Skills
- Proficient with JD Edwards, Power BI, Sage ERP, AccPac, Microsoft Excel, Word, & PowerPoint
- Teamwork and collaboration
- Creative problem solving
- Negotiation and resolution
- Analytical thinking
- Investigative research
- Attention to detail
- Reliability
- General accounting
- Risk assessment
Timeline
Asset Recovery Analyst
GGP
07.2024 - Current
Senior AR Accountant
GGP
07.2019 - 06.2024
Billing & Collections Specialist
Jenner & Block LLP
07.2018 - 07.2019
Accounts Payable / Receivable Clerk
Great Western Beef Company
10.2015 - 07.2018
Accounts Payable / Receivable Clerk
Continental Packaging, Inc.
09.2013 - 07.2015
Bachelor of Science - Accounting
DePaul University – Driehaus School of Business