Summary
Overview
Work History
Education
Skills
Certification
Timeline
Generic

Jesse L. Bolton

La Mesa,CA

Summary

Dedicated and results-driven Accounts Receivable Manager with over 19 years of experience. Proven record of optimizing cash flow, reducing delinquency, and streamlining receivables processes. Adept at leading high-performing teams to achieve outstanding results in credit and collections. Skilled in developing and implementing effective credit policies, resolving complex billing issues, and maintaining positive client relationships. Seeking to contribute my expertise in accounts receivable management to a dynamic organization.

Overview

18
18
years of professional experience
1
1
Certification

Work History

Accounts Receivable Manager

Bay City Electric Works
Poway, CA
10.2022 - Current
  • Successfully extended credit to customers in strict accordance with company policies, contributing to the maintenance of a healthy and compliant credit management system.
  • Proactively assessed and managed credit risk, resulting in increased sales growth and a substantial reduction in overall risk for the organization.
  • Developed standardized operating procedures for accounts receivable, cash applications, and credit underwriting processes, enhancing operational efficiency.
  • Effectively mentored, trained, and coached accounts receivable staff, resulting in a highly skilled and motivated team that consistently met and exceeded performance goals.
  • Proficiently oversaw the Accounts Receivable portfolio through direct engagement with customers, sales management, and legal counsel, leading to effective resolution of accounts and bolstering financial stability.

Credit Manager

Dixieline Lumber Co
San Diego, CA
07.2015 - 10.2022
  • Successfully integrated the AR functions of five acquisitions, resulting in improved operational efficiency and a unified AR system.
  • Effectively managed a credit portfolio of over $420million annually, maintaining a healthy balance between risk and profitability.
  • Led a successful project to integrate a third-party credit card processing system, enhancing the company’s payment infrastructure to meet Payment Card Industry Data Security Standard (PCI DSS) compliance.
  • Improved overall debt recovery rates by developing and executing effective collection strategies and strengthening customer communication.
  • Built and managed a high-performing credit management team, training members in risk assessment techniques and customer service excellence, which improved overall team efficiency by 25%.
  • Fostered strong relationships with key internal and external stakeholders, resulting in more collaborative credit management efforts and enhanced business opportunities.

Accounts Receivable Specialist

Dixieline Lumber Co
San Diego, CA
10.2005 - 07.2015
  • Ensured accuracy and timeliness of AR billing to customers.
  • Reduced DSO from 60 days to 45 days, improving cash flow and liquidity.
  • Mentored and trained new collection analysts, improving team performance and knowledge
  • Streamlined the collections process by automating reminder emails, reducing manual efforts by 20%
  • Achieved a 30% reduction in outstanding receivables within the first six months of employment.
  • Initiated Notice to Owner or Notice of Intent (NTO / NOI) and prepared lien documents; monitored and maintained Lien/Bond rights and properly executed lien waivers.
  • Played a vital role in reducing outstanding accounts receivable balances by promptly and accurately posting payments.

Education

Associate of Arts -

The Art Institute of California
San Diego, CA
01-2005

Skills

  • Credit Management: Expertise in evaluating credit risk, setting credit limits, and managing credit terms
  • Leadership: Ability to lead and motivate a team of accounts receivable professionals
  • Customer Focus: Dedication to providing excellent customer service and maintaining positive customer relationships
  • Collections: Proven experience in collections techniques, negotiation, and handling delinquent accounts

Certification

  • Receivable Management - Credit Research Foundation - November 2015

Timeline

Accounts Receivable Manager

Bay City Electric Works
10.2022 - Current

Credit Manager

Dixieline Lumber Co
07.2015 - 10.2022

Accounts Receivable Specialist

Dixieline Lumber Co
10.2005 - 07.2015

Associate of Arts -

The Art Institute of California
  • Receivable Management - Credit Research Foundation - November 2015
Jesse L. Bolton