LAQUIN THOMPSON
Los Angeles,CA
Summary
Knowledgeable Credit & Collections Manager with solid background in managing credit operations and mitigating financial risks. Recognized for implementing effective credit policies that support business growth and customer satisfaction. Proven ability to lead teams and optimize credit processes through strategic planning and collaboration.
Overview
10
10
years of professional experience
Work History
Credit Manager
NP Mechanical, Inc
03.2019 - Current
- Manage two portfolios: NP Mechanical and Brass 2 Copper.
- Responsible for cash projections, file preliminary notices, and file liens on delinquents accounts
- Research and evaluate clients creditworthiness and Monitor customer payments.
- Responsible for supporting 2 employees, maintaining the office conditions, ensuring high levels of organization effectiveness
- Work cross-functionally with sales, management, and other departments to maintain effective operations.
- Participated in internal audits to ensure adherence to corporate guidelines and regulatory requirements related to credit management activities.
- Maximized cash flow for the company by monitoring outstanding debts and optimizing collection efforts.
- Obtained and reviewed credit reports, credit references, credit insurance and financial statements to establish credit limits for new accounts.
- Work with billing to ensure invoices are properly billed in accordance the customer billing requirements.
Credit Manager
Vertex China
05.2017 - 03.2019
- Researched and disputed unauthorized deductions, and chargebacks from payments
- Obtained and reviewed credit reports, credit references, credit insurance and financial statements to establish credit limits for new accounts.
- Improved credit risk management by implementing effective underwriting policies and procedures.
- Developed strong relationships with clients through professional communication and timely resolution of credit issues.
- Consistently achieved monthly collection targets by prioritizing accounts based on risk level and potential impact on cash flow.
- Managed the entire end-to-end credit approval process from application review through contract negotiation and final execution.
Senior Collection Specialist
NP Mechanical, Inc
09.2014 - 05.2017
- Handled over 40 large accounts, reviews vendor invoices, receivables, maintain spreadsheets, cash flow forecasting
- Resolved billing discrepancies, assisted with contract billing, request releases, and collections
- Process payments, and maintained accounting ledger
- Assisted in implementing procedures and policies to facilitate timely payments.
- Supported company revenue growth by recovering outstanding debt through diligent monitoring and timely action on delinquent accounts.
- Coordinated with sales and customer service departments to address underlying issues leading to non-payment.
Education
Bachelor of Science (B.S.) - Criminal Justice
University of Phoenix
Torrance, CA04.2012
Skills
- Excel
- Cash Forecasting
- Management
- Accounts Payable
- Pivot table
- Customer Service
- Research and due diligence
- Credit reports
Timeline
Credit Manager
NP Mechanical, Inc
03.2019 - Current
Credit Manager
Vertex China
05.2017 - 03.2019
Senior Collection Specialist
NP Mechanical, Inc
09.2014 - 05.2017
Bachelor of Science (B.S.) - Criminal Justice
University of Phoenix
Similar Profiles
Victor AranaVictor Arana
Purchasing Agent at NP Mechanical, IncPurchasing Agent at NP Mechanical, Inc
Christopher MonroyChristopher Monroy
Plumber at NP MechanicalPlumber at NP Mechanical
Nason Basilio-GarciaNason Basilio-Garcia
Service Plumber Tech at NP MechanicalService Plumber Tech at NP Mechanical
Steve SobelSteve Sobel
VP OF CREATIVE DEVELOPMENT/Lead Copywriter at Critical Content/SK Global GroupVP OF CREATIVE DEVELOPMENT/Lead Copywriter at Critical Content/SK Global Group
IRIS LOPEZIRIS LOPEZ
Senior Improvement Coach at CORE DistrictsSenior Improvement Coach at CORE Districts