Bachelors of Science in History & Political Science

Credit & Collection Manager/ Cash Application Manager

• Brought DSO from 99 to 70 days with in the first year
• Maintain DSO at 67 days
• DSO revenue increased 5 million
• Collected 2 million in uncollectable revenue
• Implemented new cash application process automated the process to ensure accuracy and efficiency
• Assisted and planned integration between Salesforce and Priority for cash application process
• Create monthly collection strategies & collection meetings for the USA, Brazil, EMEA, APAC teams
• Work globally in conjunction with sales team and client success teams to resolve customer issues
• Created process for accounting team for transparency to ensure journal entry accuracy
• Created a process for senior accountant to ensure bank rec accuracy
• Work in conjunction with billing team in Israel to ensure accuracy for all customers billing needs for different countries
• Work in conjunction with FP&A on cash forecasting
• Provide Management with monthly cash collection metrics
• Manage global collection team of 2 one in Israel and one in Brazil
• Personal collection calls for high revenue customers to ensure they are handled with priority
• Personally handle US clients, Latin America and APAC customers
• Automated the AP process for more efficiency and approval responses internally for PO's

• Brought down aging for over 90 days from 5.45 % to 2.18% and over 60 days from 14.76% to 6.85% within a 3-month period of joining company
• Exceeded company's expectations by maintaining percentages below 75% of their goals of 2012 and 2013
• Ran Aging reports and created weekly and monthly collection strategies
• Heavy Collection via telephone and email
• Worked in conjunction with sales group to ensure cash flow and remedy any issues that customer had
• Processed daily deposits for checks and processed payments via credit cards
• Weekly Forecasting for expected revenue
• Reconciliation of delinquent accounts and bad debt
• Research Customer Inquiry and possible credit viability
• Worked directly with cash application group to resolve unapplied cash

Accounts Receivables Specialist

• Managed one other person and worked directly for CFO
• Created Invoices daily and weekly, monthly
• Run Cash Reports, Aging reports and created weekly and monthly collection strategies
• Heavy Collection via telephone, email, and fax
• Daily Deposits and cash application via Credit Cards and EFT, and Checks
• Weekly Forecasting for expected revenue
• Reconciliation of Delinquent Accounts and unapplied cash on accounts
• Research Customer Inquiry and possible credit viability
• Worked directly with auditors to resolve cash discrepancies on file
• Brought down 120 aging to 60 days in 3-month period of joining company
• Maximized cash flow by initiating all invoices delivery via email and monthly statements for quicker payment to company, which in turn reduced aging to less than 45 days
• Provided weekly and monthly billed revenue

Accounts Receivables / Billing Specialist

Find out detailed information about Edwin Cruz, Credit & Collection Manager/ Cash Application Manager in Brooklyn, NY

Edwin Cruz: Credit & Collection Manager/ Cash Application Manager in Brooklyn, NY

Edwin Cruz

Skai (Kenshoo Inc)

Source Media LLC

The Shore Group Inc

Queens College

Queens College