Derek Thomas
Atlanta,GA
Summary
Accomplished Cash Application Manager at Nolan Transportation Group, LLC, with a proven track record in enhancing financial processes through automation and strategic planning. Expert in order to cash and project management, I led initiatives that significantly improved efficiency and accuracy. My leadership skills ensured team excellence and fostered cross-departmental collaboration, driving notable advancements in financial operations. Experienced in financial statement review, auditing and reporting. Well-versed in producing reports, evaluating department operations and handling month- and year-end closings. Meticulous, conscientious and methodical in approach.
Overview
9
9
years of professional experience
Work History
Cash Application Manager
Nolan Transportation Group, LLC
07.2022 - Current
- Managed a team of cash application specialists for two business units.
- Collaborated with various departments to ensure timely resolution of customer disputes, improving customer relations.
- Assisted in month-end financial close processes, contributing to accurate reporting and analysis of company finances.
- Implemented new software systems to automate cash application processes, resulting in reduced manual errors.
- Developed training materials and conducted sessions to continually improve team skills and performance.
- Conducted internal audits on cash application activities, ensuring adherence to established policies and procedures while identifying opportunities for improvement.
- Reduced unapplied cash balances by diligently investigating root causes and implementing corrective actions as needed.
- Optimized the cash application process by identifying and implementing best practices, resulting in increased accuracy and efficiency.
- Collaborated with corporate finance team members to support quarterly external reporting.
- Created financial dashboards to provide insights into key performance indicators.
- Established internal audit procedures to validate and improve accuracy of financial reporting.
- Prepared cash flow projections, cost analysis and monthly, quarterly and annual reports.
- Developed strategic plans for day-to-day financial operations.
- Led cross-functional projects aimed at improving cash application processes or systems, fostering collaboration between departments while achieving targeted goals.
Corporate Accountant
Nolan Transportation Group, LLC
12.2018 - 07.2022
- Processing and reconciling: Processing and reconciling account receivables and remittances
- Resolving discrepancies: Resolving discrepancies and ensuring the accuracy of accounts receivable data
- Addressing payment issues: Addressing payment issues and engaging in collection management processes
- Performing audits: Performing daily - weekly - monthly audits
- Creating reports: Creating regular reports, including monthly reports for management and stakeholders
- Updating financial records: Updating financial records and ensuring accuracy in financial record
- Financial analysis: Interpreting financial data to identify trends, potential risks, and areas for improvement, providing insights to management.
- Refunds
- EOM Close reporting
- Developed and implemented policies and procedures that streamlined accounting processes, resulting in increased efficiency and accuracy.
Cash Office Manager
Belk, Inc.
07.2018 - 02.2020
- Prepare daily deposit
- Cash Deposit Reporting and Sales to Ledger Reporting
- Conduct daily, weekly and end of the month sales audits.
- Research electronic journals for overages/shortages and questionable transactions
- Balance store cash fund
- Change orders
- Point of Contact for Belk Corporate Sales Audit and Belk Corporate Treasury
- Assist Asset Protection with physical inventory counts
- Expense reporting through Concur
- Payroll
Sales Department Manager
Belk, Inc.
12.2015 - 06.2018
- Lead a team of 7-10 sales and operation associates
- Actively participated in inventory, merchandising and sales strategies to achieve weekly, monthly and yearly sales plan goals
- Conducted and oversaw weekly inventory audits
- Ensure that weekly promotional and pricing strategies are correctly executed
- Review sales data for trends in consumer purchasing behavior
- Increased sales revenue by implementing targeted marketing strategies and effective customer relationship management.
- Led sales team to achieve top rankings within the company through motivational leadership and comprehensive training programs.
- Optimized inventory management systems, ensuring adequate product availability while minimizing excess stock levels.
- Handled customer relations issues, enabling quick resolution, and client satisfaction.
- Established team priorities, maintained schedules and monitored performance.
Recruiter
Austal
08.2015 - 11.2015
- Organize and support internal and external recruitment efforts
- Work closely with hiring managers to develop an understanding of department needs to fully maximize the efficiency of the recruitment process
- Review and fully vet candidate applications against required and preferred criteria
- Develop customized pre-screening and interview skill and behavioral based questions and evaluation forms for each requisitioned position.
- Collaborate with interview team to gather and share feedback on candidates and participate in final hiring decisions.
- Determine candidates rate of pay and create offer letters
- Initiate and walk candidates through the on-boarding process including offer packages, relocation, drug screens, background checks and orientation.
- Maintain all pertinent applicant and interview data in Taleo
- Actively participate in all staffing related activities and engage in cross functional projects
Education
Bachelor of Science - Accounting
University of West Alabama
Livingston, AL05-2018
Bachelor of Science - Marketing
University of West Alabama
Livingston, AL12-2012
Skills
Order to Cash
Process Automation
Payment Automation
Optical Character Recognition
Financial analysis and planning
Corporate finance
Project Management
Audit
Reconciliation
Treasury
Timeline
Cash Application Manager
Nolan Transportation Group, LLC
07.2022 - Current
Corporate Accountant
Nolan Transportation Group, LLC
12.2018 - 07.2022
Cash Office Manager
Belk, Inc.
07.2018 - 02.2020
Sales Department Manager
Belk, Inc.
12.2015 - 06.2018
Recruiter
Austal
08.2015 - 11.2015
Bachelor of Science - Accounting
University of West Alabama
Bachelor of Science - Marketing
University of West Alabama
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