Siemens HealthineersSr. Manager of Credit and Collections for CX, Government and Key Accounts Team
May. 2007 - Feb. 2016Newark, DE• Siemens Healthcare Credit and Collections merged. Managed $2 Billion portfolio for Diagnostic and Imaging Divisions. • 2013 CFO Apex Award recipient for outstanding achievement and performance. • Managed the Gov’t (DFAS,Veteran Affairs, and NIH), Distributors, and Strategic accts such as Quest and Lab Corp.
• Managed all 3rd party finance deals with companies such as Bank of America, GE, and Independent Service Org. • Supervised, coached, and motivated 6 people with regards to credit, collections, reporting, and dispute resolution. • Helped decrease DSO from 55 to 36 days and over 90 day balances from $30 Million to $1Million. • Created new reports in order to effectively manage and reduce past due balances for Gov’t accounts. This helped the Team achieve record cash collections for Gov’t accounts at Fiscal Year End which is now a benchmark for Siemens. • Worked with I.T. to utilize EDI to improve our billing and collection performance for the Gov’t. Sr. Manager of Credit and Collections for DX, U.S. Domestic and LATAM. • Managed a $2 Billion portfolio for Diagnostic Division for U.S. Domestic, O.E.M., and Latin America • Supervised, coached, and motivated 20 people with regards to collections, credit, reporting, and dispute resolution. • Managed cross functional Pricing Dispute Swat Team in order to reduce disputes. • Created reports for Sr. Management to prioritize and reduce customer disputes from $16Million to $4Million. • Helped decrease DSO from 58 to 40 days. Increased Dunning Letter Program population and reports. • Contributed to decrease of over 90 day balances from $40 Million to $13 Million. Recognized by Sr. Management. • Utilized DNBi and Siemens Credit Warehouse to efficiently review customer credit risk and limits. • Responsible for Collection Team Reports to Sr. Management. Worked with I.T. to improve SAP efficiency. • Successfully managed team through a company wide ERP system testing and integration. Ensured SOX Compliance.