Rick Wooten
BGSF
Wylie,TX
1
Certification
23
years of professional experience
25 + years leadership experience in commercial credit / collections / accounts receivable for both private and publicly traded companies. Sales minded credit professional with a proven track record of decreasing credit risk and DSO
Work History
DIRECTOR OF ACCOUNTS RECEIVABLE
5 Years 9 Months- Implemented AR software to automate collections, enhancing recovery rates.
- Integrated multiple systems to improve credit and collection efficiencies.
- Represented department in strategic leadership decisions, influencing key financial strategies.
- Represented Department in Strategic Leadership decisions.
- Worked with Executive leaders on cross functional projects.
- Facilitated collaboration among managers in different time zones to improve operational efficiency.
REGIONAL CREDIT MANAGER
2 Years- Established and maintained credit limits to mitigate risk and enhance financial stability.
- Reviewed customer financial statements annually to identify potential risks and inform credit decisions.
- Performed site visits with customers to assess pricing strategies and strengthen client relationships.
- Managed multiple Credit Managers to ensure timely collections and accurate postings of AR.
- Performed month end closings for Sales / Accounting / Accounts Receivable.
DIRECTOR OF CREDIT AND COLLECTIONS
1 Year- Led National and Regional Credit and Collection teams.
- Developed and managed multi-tiered accounts receivable management processes to optimize cash flow.
- DSO focused, while collaborating on top line revenue.
- Participated in industry trade group meetings (NACM) representing the company.
- Conducted branch and site visits to assess performance and implement best practices.
DIRECTOR ACCOUNTS RECEIVABLE
1 Year- Managed annual receivables of $700M (Credit and Collections)
- Developed and managed international accounts receivable and global collections team across Texas, Manila, and California.
- Integrated accounts receivable and cash applications processes for multiple acquisitions, enhancing operational efficiency.
- Extended secured and unsecured credit for utility equipment/services, including UCCs, PMSIs, subordinations, liens, and bonds.
DIRECTOR CREDIT / COLLECTIONS
7 Years- Designed credit, collection, and billing department for one of fastest growing telecom companies in US, enhancing operational efficiency.
- Managed escalations department, ensuring prompt resolution of customer-facing issues and improving customer satisfaction.
- Developed and automated monthly recurring billing processes.
- Managed the escalations department to ensure prompt resolution for all customer facing issues.
- Achieved recognition as a two-time winner of the Presidents Club Award for outstanding sales performance.
- Collaborated on cross-functional teams for new systems and process rollouts, facilitating smoother transitions and integration.
MANAGER FINANCIAL SERVICES
6 Years- Managed all aspects of the Credit /Collection / Accounts Receivable departments at the corporate level for multiple organizations (Integrations and Industrial Automation)
- Reduced days sales outstanding by 48% through improved collection strategies.
- ITT Commercial Finance – Secured Inventory financing (Floor planning)
- Bearcom – Secured and unsecured financing for Telecom systems
- The Dallas Morning News – Commercial Credit Dept.
Education
MBA - Management
BBA - Finance
Skills
Microsoft Office (Advanced Excel) Power BI
Power Queries
and Flows
Quadient AR (Yaypay)
Get Paid (FIS Global)
Hi Radius
NetSuite
JD Edwards
Microsoft Dynamics (F&O)
SAP
Oracle
Dun and Bradstreet F&A
Experian
Collections expertise
Certification
Certified Credit Executive (CCE) National Association of Credit Management
Personal Information
Title: CCE /MBA
Timeline
DIRECTOR OF ACCOUNTS RECEIVABLE
BGSF
01.2021 - CurrentRead More
REGIONAL CREDIT MANAGER
JP GOULD
01.2019 - 01.2021Read More
DIRECTOR OF CREDIT AND COLLECTIONS
EMPLOYBRIDGE
01.2018 - 01.2019Read More
DIRECTOR ACCOUNTS RECEIVABLE
REALPAGE INC
01.2017 - 01.2018Read More
DIRECTOR CREDIT / COLLECTIONS
FONALITY INC
01.2010 - 01.2017Read More
MANAGER FINANCIAL SERVICES
CATES CONTROL SYSTEMS
01.2004 - 01.2010Read More
UT Permian Basin
BBA from Finance
Read More
Amberton University
MBA from Management
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