ASLAM KHAN
Round Lake,IL
Summary
Accomplished financial executive with extensive experience in overseeing and leading the financial functions to ensure efficient financial operations of an organization. Expertise in strategic financial planning & analysis, economic analysis, capital planning, and relationship building. Recognized for effectively overseeing and managing multi-billions in annual revenue, operating expenses, and cash flow for Fortune 50 companies. Exemplary communication, interpersonal, and leadership skills. Areas of Expertise include: Financial Planning and Analysis (FP&A) Valuation, Cash Collection, Modeling, & M&A Analysis | Relationship and Stakeholder Management | Marketing Strategy and Planning | Team Leadership | Cross-Functional Collaboration | Operational Excellence. Hardworking and motivated professional with several years of experience and record of success in industry. Solid history balancing team performance, customer service targets and business objectives. Dedicated to working closely with employees to maximize productivity and optimize procedures. Decisive leader with good planning and organizational skills.
Overview
27
27
years of professional experience
1
1
Certification
Work History
Manager Accounts Receivable
Dreyer’s Grand Ice Cream, Inc. (Subsidiary of Nestle USA, Inc.)
Fort Wayne, IN
06.2022 - 05.2024
- Leader and owner of AR module in JD Edwards and supporting systems
- Support Exceedra system design, data migration and functionality testing for customers deductions from AR receipts
- Hired, trained and coached 14 AR team members
- Head of AR to collect and apply $3B payments in JDE
- Ensure compliance with accounting policies by maintaining and improving systems, processes
- Developed credit policy management processes
- Assigning credit limit to customers using D&B
- Periodic review of customers credit limits
- Developed process documentation and training manuals for A/R team
- Oversight daily billing, cash application & collections
- Develop reporting system for weekly and monthly KPI
- Work with internal & external Auditors for quarterly and annual close
- Maintained DSO level to 29 days.
Senior Manager Trade Finance Collection & Analysis
CVS Health, Inc. – A $256 Billion Health Inovation Company
Northbrook, IL
11.2014 - 06.2022
- Forecasting & Analysis of Cash Management for Rebates
- Develop various reporting tools for senior management for cash & distributions
- Oversee invoicing & collection of Rebates to the tune of $60B from various manufacturers
- Setting goals for the Rebate department for Cash Forecasting & collection
- Oversees the documentation and testing controls for audit requests for SOC 1and Sox testing in regards to Rebates
- Reviewing customers credit limits periodically by using D&B
- Oversees the Bad Debt reserve calculation for Rebates
- Work with various departments within the company such as Treasury, Account Management, Client Rebates, Pharma Audit, Corporate Accounting, Trade Relations, IT and Corporate Tax for rebates related questions
- Managed team of 12 direct reports.
Senior Manager Accounts Receivable & Financial Analysis
AKORN, INC. – A $800 Million Pharmaceuticals Company
Lake Forest, IL
01.2001 - 01.2014
- Calculation and Analysis of Gross to Net Revenue
- Manage all day-to-day cash collection and credit activities
- Cash Collection targets achieved 95% of the time by improving processes to increase productivity, service and reduce DSO
- Hire, screen, and hire, coach and manage a department of 10 associates
- Re-engineered the entire Cash collection process by implementing new procedures
- Successfully established credit and risk assessment policies
- Efficiently developed and coordinated weekly / monthly reporting modules for Cash Forecasting / Returns
- Analyze AR aging report
- Minimized the bad debts from $2.5 million in 2002 to $50 K in 2014
- Gross receivables were increased to $100 million from $10 million
- Calculation and analysis of Rebates and Admin fee for the customers
- Calculated and analyzed various reports for returns reserve, chargeback reserve, rebate reserve, special pricing reserve, discount and allowances reserve, admin fee reserve on monthly / quarterly basis
- Worked with the public accountants to explain and reconcile these reserves.
Manager of Accounting
DIVERSICO MANAGEMENT CONSULTING, INC.
Atlanta, GA
01.1997 - 01.2001
- Supervised the day-to-day accounting functions of this retail Business Company
- Hired, screened, and managed a department of 5 associates responsible for; Drafted and enforced accounting policies and procedures in compliance with GAAP that provided the basis of all departmental budgets
- Established and streamlined A/P and A/R systems
- Performed periodic budgeting/modeling to project monthly cash requirements
- Managed accounting operations, accounting close, account reporting and reconciliations
- Assisted other department heads and Account Executives with cost analysis and quote preparation for individual client job proposals
- Prepared reports and monitored profitability for senior management during 4 year period
Education
Executive Certificate in Business Administration -
UNIVERSITY OF NOTRE DAME
South Bend, INMaster of Business Administration – Accounting & Finance -
AMERICAN UNIVERSITY OF HAWAII
Honolulu, HIBachelor of Commerce -
UNIVERSITY OF KARACHI
KarachiSkills
- Financial Planning and Analysis (FP&A)
- Valuation
- Cash Collection
- Modeling
- M&A Analysis
- Relationship and Stakeholder Management
- Marketing Strategy and Planning
- Team Leadership
- Cross-Functional Collaboration
- Operational Excellence
- Microsoft Office
- J D Edward
- SAP Accounting software
- Business Intelligence
Certification
- Passed Final examination and Intermediate examination of Institute of Chartered Accountants of Pakistan.
- Member of Institute of Certified Management Accountants, USA.
Timeline
Manager Accounts Receivable
Dreyer’s Grand Ice Cream, Inc. (Subsidiary of Nestle USA, Inc.)
06.2022 - 05.2024
Senior Manager Trade Finance Collection & Analysis
CVS Health, Inc. – A $256 Billion Health Inovation Company
11.2014 - 06.2022
Senior Manager Accounts Receivable & Financial Analysis
AKORN, INC. – A $800 Million Pharmaceuticals Company
01.2001 - 01.2014
Manager of Accounting
DIVERSICO MANAGEMENT CONSULTING, INC.
01.1997 - 01.2001
Executive Certificate in Business Administration -
UNIVERSITY OF NOTRE DAME
Master of Business Administration – Accounting & Finance -
AMERICAN UNIVERSITY OF HAWAII
Bachelor of Commerce -
UNIVERSITY OF KARACHI
- Passed Final examination and Intermediate examination of Institute of Chartered Accountants of Pakistan.
- Member of Institute of Certified Management Accountants, USA.
Similar Profiles
Anarahiz PerezAnarahiz Perez
Production Team Leader at Dreyer’s Grand Ice CreamProduction Team Leader at Dreyer’s Grand Ice Cream
Gabriel NoriegaGabriel Noriega
Maintenance Technician III at Nestle Grand Ice CreamMaintenance Technician III at Nestle Grand Ice Cream
Brandon FellerBrandon Feller
DryStock Shipping & Receiving at Nestle Dreyer's Grand Ice CreamDryStock Shipping & Receiving at Nestle Dreyer's Grand Ice Cream