Jaime Sueker

Accounts Payable & Receivable Specialist

BMW Of Minnetonka

05.2008 - 02.2024

Negotiated favorable payment terms with vendors, resulting in improved cash flow management for the company.
Reduced late payment penalties by closely monitoring due dates and prioritizing urgent invoices.
Established strong internal controls over the accounts payable function, reducing the risk of fraud and ensuring compliance with company policies.
Improved cash flow forecasting by consistently tracking outstanding receivables and communicating potential issues to management.
Collaborated with other departments to resolve any discrepancies in invoicing or payments, fostering interdepartmental cooperation.
Enhanced vendor relationships through timely payment processing and prompt communication.
Ensured accurate financial records by diligently reconciling accounts payable and receivable on a monthly basis.
Maintained a high level of accuracy in data entry tasks, minimizing errors that could lead to financial discrepancies.
Conducted regular audits on account transactions, identifying errors and ensuring proper documentation for compliance purposes.
Facilitated smooth month-end closing procedures by managing deadlines and providing timely reports to the finance team.
Optimized cash application processes with effective allocation of incoming payments against open customer invoices.
Prepared vendor invoices and processed incoming payments.
Reviewed vendor invoices for appropriate documentation and validity prior to payment.
Maintained accurate and complete records to document transactions and support decision-making.
Reconciled customer accounts and resolved discrepancies to maintain accuracy and resolve issues.
Prepared monthly reports of accounts receivable and accounts payable for management review.
Provided financial support to other departments to improve operations.
Managed electronic payment systems to streamline payment processes and reduce errors.
Tracked customer invoices to facilitate prompt and accurate payments.
Responded to vendor inquiries and requests for information to maintain relationships and provide timely support.
Performed daily bank reconciliations, detecting and resolving discrepancies between bank statements and company records.
Processed and recorded accounts receivable transactions to facilitate prompt collection of customer payments.
Managed collections and follow-up on past-due accounts to speed up payments and minimize risk.
Reconciled company bank, credit card and line of credit accounts, investigating, and resolving discrepancies to keep accounts audit-ready.
Input financial data and produced reports using CDK accounting system.
Recorded deposits, reconciled monthly bank accounts and tracked expenses.
Reconciled account information and reported figures in general ledger by comparing to bank account statement each month.
Supported management by processing invoices and documents with consistent on-time delivery.
Handled day-to-day accounting processes to drive financial accuracy.
Managed and responded to correspondence and inquiries from customers and vendors.
Generated invoices upon receipt of billing information and tracked collection progress.
Managed credit risk by conducting thorough assessments of new clients before extending payment terms or credit limits.

Summary

Overview

Work History

Accounts Payable & Receivable Specialist

Education

High School Diploma -

Skills

Certification

Tax & Insurance Compliance-New Vendor Accounts

Timeline

Accounts Payable & Receivable Specialist

High School Diploma -

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