Summary
Overview
Work History
Education
Skills
Timeline
Generic

DAREUS HOGG

Houston,Tx

Summary

Results-driven Cash Application Manager, proficient in developing and implementing operational plans and delivering strategic financial advice. Well-versed in producing reports, evaluating department procedures and handling month- and year-end closings. Documented strengths in building and maintaining relationships with diverse range of stakeholders in dynamic, fast-paced settings. A collaborative leader with a meticulous, conscientious and methodical approach. Dedicate to partnering with colleagues to promote engaged, empowering work culture.

Overview

8
8
years of professional experience

Work History

Cash Application Supervisor

National Oilwell Varco
12.2020 - Current
  • Process billion-dollar volume yearly in customer payments received within multiple company banking accounts
  • Structured 48 excel reports monthly explaining company financial metric to assess successes and account for deficiencies
  • Reduced company expenses by analyzing and implementing strategic credit card payment policies
  • Maintained and resolved accurate log of unidentified and unapplied customer payments.
  • Identified, researched, and resolved variances between bank statements balances, general ledger, and sub-ledger.
  • Collaborate closely with General Ledger (GL) team to confirm accurate allocation of cash receipts to appropriate financial statement accounts ensuring integrity and precision of financial reporting.
  • Defined and implemented global cash application policies improving compliance with corporate requirements and reducing risk of misapplications.
  • Resolved high visibility and high business impact problems that directly influence company business decisions.
  • Performed daily reconciliations of cash receipts to banking statements for all accounts to ensure accurate cash posting
  • Sustained optimal staffing levels by tracking vacancies, initiating recruitment and interview processes to identify and hire qualified candidates.
  • Managed and motivated team to increase productivity by creating great working culture and trust building.
  • Provided career development activities for team members including performance management, informal feedback, and training.
  • Analyzed team procedures to identify ways to streamline and improve work processes to maximize department efficiency.
  • Develop metrics for cash application team from multiple accounting systems using excel and utilizing pivot tables.
  • Worked closely with Director, Controller and VP to properly structured cash application department during global segment merger and system conversion.

Collections & Credit Analyst

National Oilwell Varco
08.2018 - 12.2020
  • Managed portfolio of $175 million while driving customer satisfaction and financial results as it relates to DSO and revenue
  • Evaluated DNB reports and audited financial statements for potential clients to measure risk involved in extending line of credit
  • Communicated daily with assigned accounts via telephone, letter, and email to collect upcoming and past due payments to minimizing risk of loss
  • Negotiated, collect, and perform credit control on delinquent accounts and conducted meetings with senior management to discuss results and future strategies
  • Supported internal Business Units with substantial number of large accounts providing account details resulting in prompt payment
  • Released cash in advance customer orders based upon credit worthiness & existing AR status

Lead Collections & Credit Analyst

Netsync Network Solutions
07.2015 - 08.2018
  • Analyze credit data and financial statements for commercial client to determine degree of risk involved in extending credit.
  • Authorized credit limits and credit terms for 40+ commercial client on monthly basis.
  • Strategically recovered $26 million in billed funds decreasing bad debt by 11% yearly.
  • Examined employers' financial information to produce and implement department wide procedures which lead to low delinquency levels.
  • Maintained computerized accounting program to generate and distribute invoices for over 1000 clients.
  • Resolved 98% of client and account manager inquiries without delegating to senior level management.
  • Responsible for depositing and posting receivables transactions into general ledger.
  • Electronically reconciled clients' payments and company bank statements monthly.
  • Utilized exceptional auditing and analyzing skills to identify and resolved reconciliation discrepancies in timely manner.
  • Accumulate and arrange company financial material resulting in more time efficient quarterly audit.
  • Collected on delinquent accounts to reduce overdue balances.

Education

Bachelor of Business Administration Degree - Accounting Curriculum

Prairie View A & M University
Prairie View, TX
12.2016

Skills

  • Strong Verbal and Written Communication
  • Employee Performance Evaluations
  • Strategic Employee Development
  • Policy Development
  • Strong critical thinking, problem solving and decision-making
  • Detail oriented and highly organization
  • Strong time-management
  • Closing Procedures
  • GL Reconciliation
  • Policy Development
  • Financial Data Analyzation
  • Credit Risk Analysis and Lending Regulations

Timeline

Cash Application Supervisor

National Oilwell Varco
12.2020 - Current

Collections & Credit Analyst

National Oilwell Varco
08.2018 - 12.2020

Lead Collections & Credit Analyst

Netsync Network Solutions
07.2015 - 08.2018

Bachelor of Business Administration Degree - Accounting Curriculum

Prairie View A & M University

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DAREUS HOGG