PATRICIA RHEA-PHILSON
Simpsonville,SC
Summary
Experienced Management and Account Credit Manager with a proven track record of 22 years in the field. Skilled in credit risk and credit intelligence, excelling at understanding clients' customers, products, and services to assess associated risks. Strong attention to detail and ability to work efficiently in a fast-paced environment. Self-motivated and resourceful, requiring minimal supervision. Exemplary skills in time management, multitasking, analytical thinking, people management, leadership, hiring, communication, organization, and problem-solving.
Overview
25
25
years of professional experience
Work History
Credit Manager
Jaftex
07.2022 - Current
- Oversee the credit department and ensure that all credit activities are conducted according to established policies and procedures
- Ensure compliance with all applicable laws and regulations related to credit granting
- Review credit applications and assess creditworthiness of potential customers
- Negotiate payment terms with customers and monitor collections activities
- Maintain records of customer credit information and monitor customer accounts for changes in creditworthiness
- Work with other departments to ensure that customer accounts are updated and accurate
- Analyze customer data and financial statements to determine their ability to repay loans
- Develop and implement strategies to reduce bad debt and improve collections
- Provide guidance to staff on credit-related matters
- Prepare financial reports and presentations to senior management.
- Oversaw reporting, documentation and recordkeeping requirements for department.
- Wrote and implemented standard operating procedures for credit personnel to achieve consistency in unit operations.
- Reviewed and analyzed loan procedures.
- Provided training and consulted with struggling teams to help meet monthly target goals.
- Optimized credit approval and collection processes, improving operational efficiencies by over 76%.
Account Manager (Credit & Collections)
adidas American INC
09.2019 - 07.2022
- Judicious granting of credit and maintenance of accounts receivable $40 to $80+ million per month by reviewing credit hold reports and release of orders within established guidelines
- Reconcile priority aging and collect from past due accounts, research claims, customer problems and chargebacks
- Make decisions to write off appropriate items as outlined in Credit Department Policy
- Communicate daily with Credit Manager to discuss guidelines for account base, recap any high-risk issues on set accounts and determine necessary actions
- Communicate with customers, Sales reps, Customer Service, Compliance, Logistics, EDI as well as other adidas departments, as necessary
- Initiate and respond to correspondence from the customers and all internal adidas departments in a timely manner to ensure good customer service
- Negotiate partial claim payments/settlements agreements with customers with approval from the Manager above set dollar amounts
- Research and submit reports to the Credit Manager and the Director of Credit on specific significant past due and high-risk accounts
- Respond to verbal requests for credit information, references from other suppliers
- Attend Trade Credit meetings when appropriate
- Create spreadsheets to Sales on specific Key account issues
- Maintenance of the Customer Masterfile by monitoring and submitting necessary paperwork for Manager's approval (e.g., address changes, drop-ship adds and deletes, extended dating)
Accounting Manager
Homes For Rent
01.2000 - 03.2020
- Managing the general accounting function and payroll
- Develops accounting organizational strategies by contributing accounting and financial information, analysis, and recommendations to strategic thinking and direction, establishing functional objectives in line with organizational objectives
- Oversees the completion of ledger accounts and financial statements
- Maintains sufficient funds by forecasting cash requirements and obligations
- Recruit and hire new employees
- Oversee budget reports, preparation of budgets, and analysis of budgets
- Coordinate between accounts receivable and accounts payable.
- Implemented cost control procedures and cost management processes, saving company $6,000 a year.
- Tracked business revenue and expenditures and reconciled accounts to maintain high accuracy.
- Managed journal entries, collection efforts, reconciliations, and payroll processing.
- Completed bi-weekly payroll for company employees.
- Developed and implemented various procedures to improve accounting process.
- Improved overall financial reporting by streamlining control processes and reporting structures.
- Developed strategic plans for day-to-day financial operations.
- Established internal audit procedures to validate and improve accuracy of financial reporting.
- Prepared cash flow projections, cost analysis and monthly, quarterly and annual reports.
Education
Associate of Science - Accounting
Strayer University
Greenville , SC 05.2026
Skills
- Expertise in Microsoft
- Customer Engagement
- Credit Reports
- Application Review
- Performance Improvements
- Performance monitoring
- Mentoring and training
- Risk Analysis
- Credit analysis
- Cash Flow Management
- Risk Assessments
- Risk Analysis
- Credit analysis
- Cash Flow Management
- Risk Assessments
- Risk Analysis
- Credit analysis
- Cash Flow Management
- Risk Assessments
- Risk Analysis
- Credit analysis
- Cash Flow Management
Timeline
Credit Manager
Jaftex
07.2022 - Current
Account Manager (Credit & Collections)
adidas American INC
09.2019 - 07.2022
Accounting Manager
Homes For Rent
01.2000 - 03.2020
Associate of Science - Accounting
Strayer University
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