Summary
Overview
Work History
Education
Skills
Timeline
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Marthy Subay

Hayward,CA

Summary

Experienced professional with over 20 years of expertise in accounts payable, receivable, and Sr. broker commission roles in the broker and insurer sectors. Recognized for proficiency in premium and operations accounting, providing excellent customer service. Acknowledged for exceptional accounting, analytical, and organizational skills. Skilled in using Microsoft and other business software to maintain compliance with company policies and procedures.

Overview

20
20
years of professional experience

Work History

Senior Commissions Accountant, Producer Compensation

DELTA DENTAL OF CALIFORNIA
07.2018 - Current
  • Lead Staff Accountants and oversee Producer Compensation processes.
  • Responsibilities included, but not limited to perform monthly producer compensation calculation, reconciliation and payment trends, identify, report and resolve variances, create commission invoices for payment, and validate, distribute and reconcile payments.
  • Research and resolve complex or sensitive producer compensation inquiries.
  • Provide direct support to producer management analysts, train analyst on producer record and relationship management, reconciliation of the calculation of compensation, payments and reporting.
  • Annual 1099 reconciliation, Form 5500 producer compensation reporting, collaborate with producer credentialing and contracting team members, state and federal regulatory agencies, partnerships and producers to resolve outstanding commissions.
  • Maintain and update departmental policies and procedures as it relates to producer compensation in addition to training materials; serves as subject matter expert for all aspects of producer compensation and general.
  • Assist with DOI and external/internal audit requests by compiling and validating information.
  • Reconciled accounts and reviewed expense data, net worth, and assets.
  • Handled day-to-day accounting processes to drive financial accuracy.

Accounts Payable and Receivable Supervisor

THE ABD TEAM
03.2014 - 07.2018
  • Led 3 Staff Accountants and oversaw Accounts Receivable, Premium and Vendor Payables.
  • Reviewed all invoices, check requests, employee expense reports for appropriate coding, documentation and approval prior to payment.
  • Processed ACH and wire (domestic, international and foreign currencies), interbank transfers, journal entries.
  • Audited corporate cards (AMEX and VISA) charges.
  • Handled account reconciliations, monthly AP and AR aging reports, Notes payable, client rebate commissions, quarterly account referral commission payouts.
  • Responsible for vendor setup files and 1099 MISC reporting.
  • Reduced outstanding accounts receivable balances by diligently following up on overdue invoices.
  • Maintained accurate financial records with thorough documentation, including invoices, receipts, and payments.

Accounts Payable Accountant

PATTERN ENERGY GROUP
08.2013 - 03.2014
  • Supported all aspects of accounts payable, ensuring that all deadlines were met with the highest degree of accuracy.
  • Processed multi-currency invoices, ensuring all invoices were billed correctly and with proper approvals.
  • Daily management of Multiple Accounts Payable (AP) inboxes.
  • Handled payment requests and vendor/employee inquiries.
  • Processed and audited monthly employee travel and corporate expense reports.
  • Processed of weekly Pay cycle (ACH/Wires/Checks) and special payment requests (Express Checks).
  • Reconciled Vendor Statements and Invoice Discrepancies.
  • Minimized late payment fees by consistently monitoring due dates and prioritizing payments accordingly.
  • Balanced accounts associated with accounts payable process.

Accounts Receivable Accountant

COMPWEST INSURANCE
04.2009 - 06.2012
  • Reviewed and posted daily lockbox / cash receipts and applied payments as indicated by policyholders or brokers.
  • Monitored unallocated cash receipts and sought timely resolution of open items.
  • Collected unpaid premiums and monitored policyholders' account details for non-payments, delayed payments and other irregularities.
  • Carried out billing, collection and reporting activities according to specific deadlines.
  • Consistently collected billing of assigned accounts (700+, initial deposits and installments) within 30 days from the due date.
  • Guaranteed cash application was processed and transferred before noon, resulting in the ability to answer all inquiries correctly and the generation of accurate reports.
  • Provided excellent customer service by answering internal and external (policy holders, producers) inquiries and requests the same day or within 24 hours.
  • Cross-trained other staff in preparation for assignment transition and updated A/R procedures, guaranteeing they were easily understood by outside auditors.
  • Developed strong relationships with audit and underwriting departments, improving personal and team performance.
  • Maintained healthy business relationships through proactive communication with clients regarding outstanding balances and payment terms.
  • Supported company growth by ensuring timely revenue recognition and accurate financial data entry.

Accounting Specialist - Accounts Receivable

ABD INSURANCE AND FINANCIAL SERVICES
03.2007 - 04.2009
  • Applied and balanced all trust cash receipts (ACH, wires, lockbox, live checks; approx $2 - 4M daily).
  • Followed-up on unallocated payment, prepared all check disbursements for client's refunds and direct bill payments and file appropriate documentation.
  • Handled returned checks, processed cash adjustments, write-offs and premium finance contracts.
  • Smoothly maintained workflow in receivables during periods of staffing changes or when short staffed, ensuring there were no interruptions in the business.
  • Efficiently closed the month end consistently by making sure all A/R entries were done properly.

Accounts Payable Representative

ABD INSURANCE AND FINANCIAL SERVICES
08.2005 - 03.2007
  • Processed payments to insurance carriers via check or EFT ($5 - 7M / mo), verified accuracy of agency invoices and obtain proper documentation to pay.
  • Reviewed and requested aged items for write-offs, adjustments.
  • Researched and resolved carrier and agency disputes / issues on outstanding items.
  • Developed a payment plan that brought the largest and 2nd to the worst carrier to the best top 4 carrier within 5 months.
  • Contributed to a significant decrease on Payables aging report by aggressively cleaning up more complex and bigger aged item accounts.

Education

BS - Business Administration, Economics

University of The City of Manila
11-2003

Skills

  • Experienced in document and data handling
  • Email correspondence management
  • Proficient in Oracle Cloud solutions
  • Salesforce platform knowledge
  • Proficient in AMS360 application
  • Experienced with Dynamics AX features
  • Experienced with Sagitta software applications
  • Knowledge of Fiserv and StoneRiver systems
  • Skilled in utilizing Splash BI for reporting
  • 10-key data entry proficiency

Timeline

Senior Commissions Accountant, Producer Compensation

DELTA DENTAL OF CALIFORNIA
07.2018 - Current

Accounts Payable and Receivable Supervisor

THE ABD TEAM
03.2014 - 07.2018

Accounts Payable Accountant

PATTERN ENERGY GROUP
08.2013 - 03.2014

Accounts Receivable Accountant

COMPWEST INSURANCE
04.2009 - 06.2012

Accounting Specialist - Accounts Receivable

ABD INSURANCE AND FINANCIAL SERVICES
03.2007 - 04.2009

Accounts Payable Representative

ABD INSURANCE AND FINANCIAL SERVICES
08.2005 - 03.2007

BS - Business Administration, Economics

University of The City of Manila

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