Louis Scarpati
Accounts Receivable Director @Max Finkelstein Inc
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WORK HISTORY
Accounts Receivable Director @Max Finkelstein Inc
Queens, NY, US
Managed a growing receivable to over $750 million. • Built & Led a new AR dept: 9 person AR Team. • Upgraded & Developed talent to foster an atmosphere of continuous improvement. • Designed and Implemented all new processes, policies, & procedures. • Directed all AR daily functions, including billing, credit, collections, deductions management, dispute resolution, credit determination, business analysis & cash application. • Developed our credit risk management strategy, credit policy & procedure, bad debt management & credit limits. • Moved credit managers out to the sales regions. • Worked with our leadership team to align sales, local DCs, customer service, and new AR dept so as to maximize profitable sales, growth goals & other business objectives for the company. • Improved & expanded commo between these depts & helped develop stronger internal & external customer relationship skills. • Created KPI’s then assigned & managed goals for the team. • Maintained team morale & stable AR through covid crisis. • Managed several larger and more sensitive accounts. • Negotiated business agreements & debt reduction agreements. • Managed the clean up & maintenance of national accts. • Managed relationship with outside collection agency & attnys. • Performed financial analysis of larger customers. • Modeled, determined, and regularly reviewed credit limits. • Taught credit managers how to monitor and determine proper credit limits for new accts. • Helped set up & manage the bad debt reserve based on customer risk profiles. • Worked With CFO to project cash receipts. • Worked With CFO & Controller for Audit Compliance. • Provide strategic direction to the business for all Accounts Receivable matters.
EDUCATION
Cotsakos School of Business @ William Paterson University
Post MBA, Finance, Economics, Leadership, Business Strategy
Rutgers University
Leadership Development Program
Stony Brook University
BA, Multi-Disciplinary: Astronomy, Physics, Math, History
Cotsakos School of Business @ William Paterson University
MBA, International Business
ABOUT LOUIS SCARPATI
A results-oriented, adaptable, hands on MBA. Experienced in the retail, manufacturing, leasing, and non-profit industries Theatre producer & Director Asset Management Business Planning Business Process Improvement Business Valuation Budgeting & Forecasting Change Management Credit Limit Management Communication & Relationship-Building Facilitating, Coaching, & Mentoring Financial Analysis & Modeling Innovative Problem Solving Negotiating Business Agreements Strategic Leadership Team Building
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