Sherry Loy

Progressive multi-task position within a 50-year Industry leader business specializing in Industrial battery and rectifier sales, supply, service, and repair in commercial manufacturing, industrial plating, and automotive industries. Wholesale electrical supplies, gauges, components, and equipment.

• Full Charge Accounting
• Accounts Receivable (Invoice, post payments, reconcile, prepare deposits, collect past-due payments)
• Audit payables and purchase orders through general ledger coding and authorize disbursements
• Purchasing and negotiation for vendor contracts for office supplies, equipment and materials, warehouse inventory, and stock
• Responsible for the procurement, installation, operation, and maintenance of all office equipment, computers/servers, phones
• Answer phones, customer inquiries, consultative sales, and resolve customer problems and concerns
• Inventory control cycles, pull stock, prepare shipment to customers, and invoice.
• Consultive Sales/service walk-in customers, sell automotive batteries and related products with exchanges
• Maintained and processed invoices, deposits, and money logs.
• Managed accounts payable and receivable activities, maintaining vendor relationships and positive cash flow.
• Handled payroll processing for employees, ensuring timely payment and adherence to tax regulations.
• Monitored incoming payments from clients, ensuring prompt application of funds against outstanding invoices.
• Completed payroll for employees and maintained detailed records of procedures.
• Prepared monthly bank reconciliations to ensure accurate representation of company's financial position.
• Reconciled and corrected issues with financial records.
• Tracked expenses and income for businesses while organizing and maintaining bank statements for checking accounts.

Awarded responsible leadership positions throughout tenure with this $1M+ annual revenue-producing Strategic Planning, Marketing, Consulting, and Market Research Firm. Past five-time top 'Presidents Club Award' winner and received several 'Outstanding Achievement' awards for documented cost savings of over $250k.

• Extensive worldwide travel meeting with clients to develop strategic plans with assigned tasks and implementation
• Complete Project Management Responsibilities for Commercial and Government client projects ranging in value from $50k through annual budgets of $800k
• Full Charge Payroll Administration
• Accounts Receivable Functions (Invoice, post payments, reconcile, prepare deposits)
• Audit payables and purchase orders through general ledger coding and/or pay and authorize disbursements
• Purchasing and negotiation of all vendor contracts for office supplies, equipment, and materials
• Review monthly and financial statements with the CFO for budget compliance and proactive cost-saving measures
• State and Federal Payroll reconciliations and tax disbursements
• Manage company healthcare plan (including obtaining competitive quotes and overseeing health and wellness plans for employer premium reductions)
• Project budgeting for commercial and government projects
• Responsible for the procurement, installation, operation, and maintenance of all office equipment, computers/servers, and CISCO phones
• Managed company health and wellness plan and annual screening for discounted company premiums
• Assist with the preparation and implementation of both the annual business plan and the $1.6M budget
• Manage staff of 8-10 full-time employees and oversee development, needs assessment, and training
• Review monthly and quarterly sales projections and strategize sales/marketing efforts to ensure goals

Position Highlights:

• Grew company client base from $400k revenue stream to $1M+ while reducing support staff by 50%
• Restructured monthly invoicing schedule resulting in a 35% cash inflow increase and reduced delinquent accounts in the first year
• Negotiated reduced bank fees for account maintenance and ACH transactions that generated an approximate $1000.00 annual savings
• Designed and implemented the collection process that resulted in a 50% AR reserve reduction of the 31-180 day delinquent accounts in the first year
• Restructured the entire inventory process utilizing the 'JIT System'
• Revamped the purchasing function and obtained a reduced per-unit cost with vendors and secured with blanket purchase orders
• Complete restructure resulted in a 25% increase in the bottom line
• Developed, implemented, and negotiated Federal Express Shipping program and rates for a Federal Government client to support their external customer domestic shipping needs and requirements
• Successfully negotiated costs 25% under budget to support conference requirements for Government Clients
• Strategic planning and market research work with Government Agencies and Department of Defense Contractors (DoD) such as the USDA FAS, USGS, NGA, NRO, Lockheed Martin, BAE, and Sierra Nevada which resulted in interagency cooperation and information sharing resulting in extending agency budgets and overall cost savings to taxpayers
• Identified customer requirements to ensure un-compromised quality service that resulted in a 95% customer retention rate
• Co-coordinated a logistical move to a new facility within budget. Handled all facets of layout, design, and capital equipment expenditures. Collaborated with property brokers, architects, construction personnel, regulatory agencies, and utility companies