MICHAEL PRAISNER
Laurel,MD
Summary
Experienced professional in Credit A/R and collection administration with well-rounded knowledge of issues affecting business credit practices. Specialized in risk management, management reporting with establishment of key measures to accurately gauge credit management contribution to overall P&L results. Education of existing staff to upgrade skills and performance. Extensive knowledge of what constitutes sound credit practices and ability to integrate this in business processes.
Overview
32
32
years of professional experience
Work History
AR Manager
Gleeson Electrical Co Inc
Bladensburg, MD
01.2022 - 09.2024
- Ensured accuracy in customer accounts by identifying and addressing discrepancies through analytical evaluation.
- Developed and maintained relationships with customers to ensure timely payment of invoices.
- Managed daily reconciliation of cash receipts and allocation of payments to designated accounts
- Prepared monthly aging reports for review by management.
- Maintained accurate records of all accounts receivable transactions.
- Investigated and resolved customer inquiries regarding billing issues or discrepancies.
Club Manager
Hidden Hills Winery
Frederick, Md.
10.2017 - Current
- Generate innovative concepts to enhance awareness of Club and Winery events.
- Provide Organized promotional events to attract new members and retain existing ones.
- Exceptional customer service while showcasing expertise in winery products.
Accounts Auditor
Bylt Restoration
Millersville, Md.
01.2021 - 03.2021
Accounts Receivable Manager
Rhee Brothers Inc.
Hanover, Md.
03.2013 - 09.2020
- Introduced ground floor Credit Department
- Reviewed current customer base, devised plans to improve Accounts Receivable
- Devised policies and procedures for improving current customer base, and increasing business while minimizing risk
- Worked with outside agencies to add or improve collection options
- Trained staff to implement procedures
- Created measurable analysis and devised monthly and quarterly reports to assess customer measurables
- Manage staff on day to day AR duties and procedures
- Work with HR Department to implement Business Improvement
Vice President, Director of Baseball Operations
Savage Boys and Girls Club
01.1993 - 01.2017
Senior Revenue Analyst
Discovery Communications
Silver Spring, Md.
07.2012 - 02.2013
- Manage revenue activity for approx
- 500 accounts
- Responsible for all customer financial transactions
- Ensure billing in accordance with agreements
- Verify cash application in both General Ledger and sub ledgers
- Responsible for reconciling both ledgers for assigned accounts
Credit Manager
Vulcan Materials Corp/Florida Rock Industries
Springfield, Virginia
10.1994 - 03.2012
- Direct report to Corporate Director of Credit with annual volume approximately $200mill, 1200+ active accounts
- Responsible for all aspects of credit functions and performance of same with objective of meeting or exceeding budgeted goals for sales, A/R and ROCE for operating group
- Group operating targets were consistently exceeded 1996-2008
- Reviewed applications and vetted credit quality of new and existing clients
- Management reporting of A/R performance measures relative to sales and budgeted expectations
- Other responsibilities included trend analysis of customer payment
- Review of bad debt and risk in changing environment
- Knowledge of SARBOX compliance with respect to internal controls relating to credit administration
- Provide recommendations and strategy to senior management
- Supervised staff of two credit personnel
- Development and implementation of corporate initiatives
- Strong verbal, written communication skills and ability to make presentations to individuals and groups
- Proven record of success in volume driven, high risk customer base environments
Assistant Coach
Reservoir HS Girls Varsity Basketball Staff
Fulton, MD
11.2017 - Current
- Assistant Coach
- Manage marketing and promotional activities
Education
University of Maryland
01.1984
Montgomery College
01.1984
James Madison University
01.1982
Outsideorganizations
- Hidden Hills Winery, Frederick, Md, 21701, 01/01/17, present, Conduct customer tastings, Interact with customers, knowledge of winery and its products
- Reservoir HS Girls Varsity Basketball Staff, 01/01/17, present
- Savage Boys and Girls Club, 01/01/93, 12/31/17, Vice President, Director of Baseball Operations
Timeline
AR Manager
Gleeson Electrical Co Inc
01.2022 - 09.2024
Accounts Auditor
Bylt Restoration
01.2021 - 03.2021
Assistant Coach
Reservoir HS Girls Varsity Basketball Staff
11.2017 - Current
Club Manager
Hidden Hills Winery
10.2017 - Current
Accounts Receivable Manager
Rhee Brothers Inc.
03.2013 - 09.2020
Senior Revenue Analyst
Discovery Communications
07.2012 - 02.2013
Credit Manager
Vulcan Materials Corp/Florida Rock Industries
10.1994 - 03.2012
Vice President, Director of Baseball Operations
Savage Boys and Girls Club
01.1993 - 01.2017
University of Maryland
Montgomery College
James Madison University
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