Zachary Cocco
Results driven Accounts Receivable Supervisor with 10+ years managing high-volume corporate accounts and resolving complex billing discrepancies. Proven track record of reducing DSO by up to 50% and accelerating cash flow through tailored, strategic collections processes. Skilled in credit analysis, cross-functional collaboration, and finance team leadership to resolve discrepancies and ensure financial compliance. Delivering precise, real-time financial insights and comprehensive reporting packages to executive leadership to drive high level decision making.
Work History
Supervisor - Accounts Receivable
11 Years- Create and post thousands of cash receipts, general ledger and interdepartmental journal entries across multiple departments, including Avendra International, LLC, Avendra Canada, Avendra Replenishment, Avendra Canada Replenishment, and iBuyEfficient.
- Perform accurate monthly and quarterly general ledger reconciliations for multiple departments.
- Reduced average days sales outstanding (DSO) from 47 to 24 on Net30 terms and significantly improved cash flow by increasing/customizing collection efforts and building customer relationships.
- Resolved hundreds of billing discrepancies by working closely with our sales teams and suppliers while analyzing sales quotes, customer invoices and account ledgers.
- Oversee numerous active customer accounts across three departments with a day-to-day average of 700 accounts with open balances, resulting in over $350M in collected balances since July 2019.
- Prepare and deliver monthly and quarterly financial packages and dashboards to executive leadership.
- Played a key role in kickstarting and maintaining Avendra Canada Replenishment, contributing to its ongoing success.
- Reviewed 600+ new supplier credit applications and researched their financial health/credit history to determine if we should pursue partnership.
Associate Claims Specialist - Casualty
1 Year 1 Month- Resolved complex casualty claims promptly and in accordance with company policies, procedures and best practices.
- Communicated regularly with a broad range of internal and external contacts, including policyholders, claimants, agents, attorneys, and material damage adjusters.
- Determined proper coverage, and where necessary, investigate, analyze, and negotiate to equitably settle assigned cases to conclusion.
- Opened, closed and adjusted reserves in accordance with company practices to ensure reserve adequacy.
- Partnered with Special Investigations Unit and Subrogation to identify fraud and subrogation opportunities.
- Submitted resolution status reports, special investigation referral reports, and other information to claims management as needed.
Education
MBA
Bachelor of Science - Business Management
Awards
Aramark/Avendra International’s Annual 40 Under 40 Award Recipient (May 2022)
This award recognizes career leaders for their impact on their line of business and the broader enterprise, influence within their respective industry, and outreach and dedication to their local community.
Licenses
Notary Public, State of Maryland
Expires: September 2028