Jacqueline Beasley
Jacksonville,FL
Summary
Detail-oriented and results-driven Credit and Collections Manager with over 15 years of experience in managing credit and collections operations. Proven track record of optimizing cash flow, reducing bad debt, and improving DSO (Days Sales Outstanding). Seeking to leverage expertise in credit risk assessment, negotiation, and team leadership.
Overview
26
26
years of professional experience
1
1
Certification
Work History
Credit & Collections Supervisor/Interim Manager
Safariland LLC
Jacksonville
10.2008 - 02.2023
- Develop and implement credit and collections strategies to minimize risk and optimize cash flow.
- Lead a team of 6 credit analysts and collectors, providing guidance and coaching to ensure performance goals are met.
- Analyze customer creditworthiness using financial statements, credit reports, and payment history to make informed credit decisions.
- Negotiate payment terms and settlements with customers to resolve delinquent accounts while maintaining positive relationships.
- Collaborate with sales and finance departments to review and approve credit limits for new and existing customers.
- Utilize credit scoring models and risk assessment tools to evaluate credit applications and monitor credit exposures.
- Implement collection policies and procedures to streamline processes and improve efficiency.
- Prepare monthly aging reports, DSO analysis, and bad debt reserves for management review.
- Conduct regular portfolio reviews to identify high-risk accounts and take proactive measures to mitigate potential losses.
- Reconciled intercompany accounts on a monthly basis.
- Managed accounts receivable activities such as invoicing customers, applying payments received, monitoring customer balances.
- Assist with the month-end and year-end close processes, including journal entries and account reconciliations. Perform variance analysis to identify discrepancies.
- Participate in special projects and initiatives to improve accounting processes and procedures.
- Collaborate with internal and external auditors during financial audits and reviews.
Credit & Collections Supervisor
Applica Inc.
Miami
05.1997 - 06.2007
- Manage a portfolio of commercial customers
- Identified past due accounts and contacted account holders to arrange payment
- Performed various accounts receivable functions, managed cash receipts posting
- Updated cash flow reports and researched chargebacks and write-offs
- Analyze credit history and worthiness
- Determined Credit limits for new customers and identify potential bad debt customers
- Trained employees on best practices and protocols while managing teams to maintain optimal productivity.
Skills
- Detail-oriented with strong analytical and problem-solving skills
- GAAP & SOX Compliance
- Increase Cash Collections/Decrease Past Dues
- B2B Collections
- Credit Evaluations
- Effective communication skills, both verbal and written
- Policy Development & Process Improvement Strategies
- Salesforce, Dynamics365, Oracle, Visual and Sage
- Cash Flow Projections & GL Reconciliation
- Leadership abilities with experience in managing and motivating teams
- Proficiency in Microsoft Office Suite, including Excel, Word, and PowerPoint
Accomplishments
- Recognized for reducing past dues from 35% to a record low of 3% on a consistent nine-month trend.
- Recognized for reducing bad debt by 50%.
Certification
- Accredited Claims Adjuster Designation Certification
- 0620 Claims Adjuster License - All Lines
- State Farm Policy Certification
- State Farm Auto Certification
- State Farm Estimatics Certification
Timeline
Credit & Collections Supervisor/Interim Manager
Safariland LLC
10.2008 - 02.2023
Credit & Collections Supervisor
Applica Inc.
05.1997 - 06.2007