Summary
Overview
Work History
Education
Skills
Timeline
Generic

Peter Payenski

Whitehouse Station,NJ

Summary

Accomplished Senior Accountant with a proven track record at FedEx Office Commercial Press, enhancing financial accuracy through expert reconciliation and audit preparation. Skilled in financial reporting and accounts receivable management, I excel in streamlining processes and leading teams to exceed corporate goals with integrity and precision. Pursuing full-time role that presents professional challenges and leverages interpersonal skills, effective time management, and problem-solving expertise.

Overview

45
45
years of professional experience

Work History

Senior Accountant

FedEx Office Commercial Press
09.1995 - Current
  • Prepared monthly journal entries and reconciliations.
  • Reconciled accounts and created documents for monthly closure procedures.
  • Reviewed documents and accounts for discrepancies and resolved variances.
  • Reconciled balance sheets and streamlined best practices for balance sheet processes.
  • Assisted in internal and external audits by preparing necessary documentation and responding to auditor inquiries.
  • Provided timely and accurate financial reporting to senior management, enabling informed decision-making based on reliable data. Prepared Management Review Reports.
  • Responsible for the overall management and leadership of the Credit Department.
  • Provided journal entries and performed accounting on accrual basis.
  • Maintained integrity of general ledger and chart of accounts.
  • Assisted in successful completion of external audits by preparing comprehensive documentation and supporting evidence.
  • Implementing , complying with, and maintaining the ISO 9001-2000 Quality System Standard.

Division Credit Manager

Rocheux International Inc.
01.1991 - 09.1995
  • Negotiated payment plans with delinquent customers to minimize losses while maintaining positive client relationships.
  • Performed annual account credit limit reviews and credit increase review requests from financial service and sales teams.
  • Prepared monthly cash management reports, risk analysis, credit watch reports, and made recommendations to senior officers on financial performance.
  • Reviewed new and existing orders to maintain established credit lines.
  • Prepared and presented documents for International and Domestic Letters of Credit including Standby Letters of Credit. Supervised staff of three.
  • Handled collection of all past due accounts, bad debt review, litigation follow-up and customer visitations.

Credit Supervisor

Vera Imported Parts Corp, A Division of Echlin,
09.1987 - 10.1990
  • Conducted thorough risk assessments for potential clients, resulting in minimized losses due to default or bankruptcy.
  • Analyzed potential customers for credit worthiness utilizing credit reports, trade references and client financial statements resulting in minimized losses due to delinquency, default, and bankruptcy.
  • Worked with customers to answer questions, resolve disputes and research discrepancies.
  • Developed customized Lotus reporting system for financial, credit ratio, legal, delinquency, and salesman status reports.

Credit Analyst and Collection Supervisor

First Fidelity Bank
09.1979 - 09.1987
  • Analyzed customer data such credit reports and financial statements to determine level of risk involved for extending credit. Assessed credit risk and established credit lines.
  • Analyzed credit scores to determine borrowers' creditworthiness of loan applicants to determine credit risk of loan requests.
  • Reviewed credit reports to comprehensively view borrowers' credit history and identify potential red flags. Prepared delinquency and exception reports. Resolved problem accounts including recasts with additional collateral.
  • Analyzed creditworthiness of loan applicants, determined credit risk of loan requests based on company policy including auto, second mortgage, small business, commercial leasing, and floor plan accounts.
  • Prepared monthly appraisals on five collection analysts.

Education

Bachelor of Science - Accounting And Finance

University of Maryland - College Park
College Park, MD
05.1979

Skills

Financial Reporting

Inventory Accounting

Accounts receivable management

Intercompany Transactions

Variance Analysis

Audit preparation

Payroll Oversight

Fixed Asset Accounting

Internal Controls

Payroll Processing

Journal Entries

Bank Reconciliation

Timeline

Senior Accountant

FedEx Office Commercial Press
09.1995 - Current

Division Credit Manager

Rocheux International Inc.
01.1991 - 09.1995

Credit Supervisor

Vera Imported Parts Corp, A Division of Echlin,
09.1987 - 10.1990

Credit Analyst and Collection Supervisor

First Fidelity Bank
09.1979 - 09.1987

Bachelor of Science - Accounting And Finance

University of Maryland - College Park
Peter Payenski