Birkan Ozgur
Credit Manager @Merit Brass Company
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WORK HISTORY
Credit Manager @Merit Brass Company
Assisted the Controller and CFO with financial analytics, bank audits, and cash flow challenges. • Managed Accounts Receivable of more than $25M monthly for up to customers with 5 to 7 different specialists to collect and apply cash, decreasing past due amount from $5M to less than $1M monthly. • Managed Accounts Payable of more than $15M monthly for up to vendors with 1 to 3 different specialists, increasing the efficiency of applying accrued purchase orders 25% and reducing the past due payments 5% monthly. • Established and updated approximately customers’ credit policies and limits based on internal and external payment performance, decreasing the monthly credit hold releases from to 500 per month, reducing the disruption of operations and e-mail notifications. • Established 15+ financial reports to ascertain status of collections and balances outstanding, decreasing the past due balance within A/R from 12% to 3% by increasing the effectiveness of current collection policies and procedures. • Audited 100+ highly risky delinquent accounts annually to ensure maximum efforts have been taken before assigning bad debt status to account, decreasing the bad debt 32%. • Discussed with 25+ customers monthly to address their questions, comments, or concerns regarding their high-level financial performance. • Maintained and tracked 25+ customer rebate agreements and promos throughout the year for 5 buying groups with 200+ members. • Lead the Finance Design Team for the new ERP System (Microsoft Dynamics 365), increasing the efficiency of cash application 10% to 15% by testing and providing feedback regarding the new tools created by the IT department. • Trained 10+ employees in Finance Department on the new system. Also, provided the initial training for the newly hired associates.
EDUCATION
Istanbul University
Bachelor of Business Administration (B.B.A.), School of Transportation and Logistics
Cleveland State University
Master of Business Administration (MBA), Operations and Supply Chain Management
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