Lorraine W.
Credit Collections Manager at Greens Energy Services, Inc.- Claim this Profile
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Bio
Experience
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Greens Energy Services, Inc.
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United States
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Oil and Gas
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1 - 100 Employee
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Credit Collections Manager
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Dec 2022 - Present
Mobile Fueling. Mobile Fueling.
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ACR Electronics, Inc.
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United States
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Appliances, Electrical, and Electronics Manufacturing
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100 - 200 Employee
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Credit & Collections Analyst
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Dec 2012 - Present
Collections A/R New Account Set Up and Maintenance Weekly AR Cash Projections Daily Credit Hold / Outlook Reports Month End Reports AR Narrative Policy & Procedures Supervise Collection Staff Updating and Adding new Software configurations for AR/Sales Module Collections A/R New Account Set Up and Maintenance Weekly AR Cash Projections Daily Credit Hold / Outlook Reports Month End Reports AR Narrative Policy & Procedures Supervise Collection Staff Updating and Adding new Software configurations for AR/Sales Module
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SMF Energy
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Oil and Gas
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1 - 100 Employee
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Director of Credit
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Aug 2001 - Jun 2012
AR Portfolio $250M for Public CompanyMonthly Bank reports, ineligibles, bad debt reserveReduced DSO from 57 to under 30Approved up to $50K credit limitsAuthorized credits and refundsNegotiated terms and rates with Credit Reproting Agencie, Merchant Companies, Attorneys and collection agencies
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Director
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Jan 2001 - Jun 2012
Reduced DSO From 55 to 27Establish and authorized credit limits Set up and maintenance of new accountsAuthorized Credits and RefundsSupervised daily deposits and cash applications Processed ACH/ EFT TransactionsResponsible for set up of authorized credit card processing usersWorked with outside collection agencies and attorneysUpdated credit and collection policiesPrepared quarterly and yearly bad debt reserve analysis for parent and subsidiariesPrepared and submitted monthly Ineligibles to bank for parent and subsidiariesResponsible for training and hired/firePayrollResponsible for negotiating contract with credit reporting agencies (DNB)Supervised team of up to 10Submitted online government invoices and monthly interest invoicesInvolved with company policies keeping SOX compliancy Responsible for credit holds and releasesResponsible for daily collectionsAuthorized bad debt write offServed on Credit CommitteeBalanced AR to various GL accountsInteracted with Customer Service and Marketing and Sales TeamsPromoted from Credit Manager
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Office Manager
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Feb 2000 - May 2001
Distribution,credit & collections, customer service, billing,
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General Manager / Office Manager / Production Manager
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Jan 2000 - Jan 2001
Supervised office staff as well as production , purchasing, shipping employeesResponsible for daily billingManaged daily collectionsScheduled and organized daily shipping routesCash applicationsAccount set ups
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General Manager
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Jan 1992 - Jan 2000
Supervised all departments except Payroll and A/P Responsible for daily collections Cash Applications Established Credit Limits Maintained computer programs and communications systems Daily billing Purchasing Worked with Auditors Training/ Hire/ Fire Supervised all departments except Payroll and A/P Responsible for daily collections Cash Applications Established Credit Limits Maintained computer programs and communications systems Daily billing Purchasing Worked with Auditors Training/ Hire/ Fire
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General Manager
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Apr 1985 - Jan 2000
Responsibilities included; billing, collections, credit, customer service, IT, Phones and general office duties Responsibilities included; billing, collections, credit, customer service, IT, Phones and general office duties
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Credit & Collection Manager
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1990 - 1992
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Independent Contractor
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Jan 1989 - Jan 1990
Supervised and collected for bankruptcies and closing companies Supervised and collected for bankruptcies and closing companies
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Office Manager / Production Manager / Collection Manager
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Jan 1985 - Jan 1988
Responsible for Collections Supervised Billing, Customer Service, Sales, Purchasing, Receiving Organized and set daily routine for personnel and machinery (40) Assisted General Manager with day to day operations Responsible for Collections Supervised Billing, Customer Service, Sales, Purchasing, Receiving Organized and set daily routine for personnel and machinery (40) Assisted General Manager with day to day operations
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Credit Manager
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Jan 1983 - Jan 1985
Responsible for collections for company and three subsidiaries Involved with programming A/R functions to assist collections of short paid invoices Interacted with Sales Staff to assist with collections Responsible for running reports for management COMPUTER EXPERIENCE Great Plains Excel Windows SBT Novell Word D&B RAM DNBi PSS AES PDS Responsible for collections for company and three subsidiaries Involved with programming A/R functions to assist collections of short paid invoices Interacted with Sales Staff to assist with collections Responsible for running reports for management COMPUTER EXPERIENCE Great Plains Excel Windows SBT Novell Word D&B RAM DNBi PSS AES PDS
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Education
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Central Islip, NY
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Broward Technical Colleges; Atlantic, McFatter and Sheridan