Edwin J. Franco
Selden
Summary
Professional with strong background in finance management, specializing in accounts payable processes. Demonstrates high level of accuracy, efficiency, and problem-solving skills in managing vendor relationships and ensuring timely payments. Focused on team collaboration, adaptability, and achieving measurable results. Skilled in financial software, process optimization, and compliance. Known for reliability and results-driven approach.
Overview
20
20
years of professional experience
1
1
Certification
Work History
Accounts Payable Manager
Cold Spring Harbor Laboratory
02.2024 - 03.2025
- Managed accurate and timely processing of over 1,200 invoice payments per month.
- Reduced payment discrepancies with thorough invoice review, analysis, and reconciliation efforts.
- Reviewed monthly expense reports for accuracy, identifying opportunities for cost savings and efficiencies.
- Closely monitored accounts to post timely payments and resolve billing discrepancies.
- Managed the American Express corporate card program for over 100 cardholders
- Led the building and implementation of SAP Concur as the expense management tool for the entire organization
- Collaborated closely with procurement on purchase orders to streamline approval processes while ensuring adherence to established budget guidelines.
- Developed reports for senior management to outline expenditures, vendor spend and forecasting.
- Collaborated with other departments to resolve billing issues promptly and maintain accurate financial records.
- Fostered a positive work environment by promoting open communication, collaboration, and professional growth opportunities for team members.
Accounts Payable Supervisor
1800flowers.com, Inc.
07.2023 - 01.2024
- Supervise the daily operations, productivity, performance and responsibilities for 3 AP Clerks
- Review Invoice Aging and PO Hold reports for accuracy and keep up to date, ensuring credit memos are processed
- Pay vendors by monitoring discount opportunities; verifying federal id numbers; reviewing payments on the aging reports, scheduling and preparing payments; resolving purchase order, contract, invoice, or payment discrepancies and documentation
- Assist with banking processes including issuing stop-payments, wire, check or ACH reversals as necessary
- Review and approve expense reports
- Maintenance of vendor files by ensuring AP has current W-9 and payment documentation for audit purposes
- Verify vendor accounts by reconciling monthly statements and related transactions
- Generates general ledger allocation spread and manage the month-end close process
- Processed all vendor invoices promptly in accordance with company policy.
- Troubleshot and resolved escalated issues pertaining to vendor disputes, payment discrepancies or delays in a timely manner, maintaining positive relationships with suppliers.
Assistant Manager, Accounts Payable
Lord Abbett & Co
07.2018 - 07.2023
- Management of expenditures, reporting and budget tracking for the client services teams in the Americas, Asia and Europe
- Perform vendor management functions for the technology and facilities departments by providing support with procurement of goods and services as well as budget tracking for each department
- Provide support for the HR department in the form of account reconciliation for all benefit related expenses (health insurance, claims processing, etc.) as well as processing of all related payments in a timely manner
- Currently serving as administrator for the Concur Expense Management system and American Express corporate card program providing and maintaining access for all current employees as well as on-boarding all new employees as system users
Director of Operations (Interim)
Harlem Hebrew Charter School
10.2017 - 06.2018
- Managed day-to-day operations for a K-8 NYC public charter school
- Facilitated student support services such as transportation, school food and health services, parent liaison and translator for Spanish speaking families
- Facilities and construction project management
- Data analysis and reporting
- Purchasing and technology management
Accounting Manager
KIPP NYC Public Charter Schools
08.2015 - 10.2017
- Responsible for the management of expenses for KIPP's New York City network of 11 public charters schools, college prep/alumni program and the shared services team
- Managed the AP monthly close process in order to support the controller and FP&A closing process
- Manage a team of 3 staff accountants and 2 AP clerks providing services to the entire network
- Work directly with school leaders and operations team on procurement, vendor vetting and contract negotiations for school-based purchases such as books and materials, furniture and fixtures, transportation and advocacy events
- Manage the American Express Corporate Card program for 50 cardholders
- Manage the 1099-MISC filing and vendor master file maintenance
- Co-manage the annual audit preparation along with the corporate controller and CFO
Global Accounts Payable Supervisor
Endurance Services Limited
09.2011 - 01.2015
- Responsible for the day-to-day management of the Accounts Payable staff in New York, Bermuda and London
- Workflow management: Indexed, coded and routed invoices for approval
- Managed the American Express Procurement Card program
- Processed the year-end 1099-Misc forms and managed the vendor master file
- Worked directly with internal and external auditors on quarterly and annual audits
Cash Management Associate
QBE Reinsurance Corp
09.2005 - 12.2010
- Provided monthly reconciliation analysis of bank accounts, collection items and foreign deposits to Cash Manager
- Assisted in preparation of quarterly audit file and prepared monthly aging report and open balance analysis
- Delegated accounts payable functions to two Associate Accountants and reviewed and reconciled their work
- Worked directly with banking partners (JP Morgan Chase, Brown Brothers Harriman) to ensure the Accounts Payable/Receivable and Claims department needs are met
- Conducted training sessions for new employees on use of accounting operating systems and databases and provided technical support to accounting staff and management
Education
Bachelor of Arts - Business
CUNY School of Professional Studies
New York05-2011
Skills
- Account reconciliation
- Onboarding and training
- Team oversight
- Expense processing
- Relationship building
- Workflow coordination
- Training and mentoring
- Internal controls
- ERP systems expertise
- Accounts payable expertise
Certification
- Accredited Payables Specialist
- Licensed Tax Professional
Languages
Spanish
Native or Bilingual
English
Native or Bilingual
Timeline
Accounts Payable Manager
Cold Spring Harbor Laboratory
02.2024 - 03.2025
Accounts Payable Supervisor
1800flowers.com, Inc.
07.2023 - 01.2024
Assistant Manager, Accounts Payable
Lord Abbett & Co
07.2018 - 07.2023
Director of Operations (Interim)
Harlem Hebrew Charter School
10.2017 - 06.2018
Accounting Manager
KIPP NYC Public Charter Schools
08.2015 - 10.2017
Global Accounts Payable Supervisor
Endurance Services Limited
09.2011 - 01.2015
Cash Management Associate
QBE Reinsurance Corp
09.2005 - 12.2010
Bachelor of Arts - Business
CUNY School of Professional Studies
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