Richard L. Place, Jr.

r.placejr@att.net

https://www.linkedin.com/in/richardplace

(661) 472-8270

3601 Dovewood St. Bakersfield, CA 93309

PROFESSIONAL EXPERIENCE
URS/AECOM
2012 - 2015
Offshore Material Coordinator Accounts Receivable
Working under Contract to ExxonMobil as an Expeditor. Secure all items necessary for repairs,
projects and work groups.
Establish Goals and KPIs for Job
Created Cost Savings Report detailing monies saved and cost effectiveness of Material
Coordinators
Resolved Fruit Growers Lab AP account, reducing past due invoices from 18 months to
30 days. Became Person in Charge for this account, reviewed and approved invoices for
payment.
Managed Inventory on Three ExxonMobil offshore platforms
Resolved Two Year Vendor Nonpayment Invoice issues successfully resulting in
payment. Trained Vendor AP and Billing Departments on how to avoid nonpayment
issues in the future increasing their On Time payments and a consistently under 90 day
back log in stuck or issue invoices.
Changed focus of job from order taker to problem solver and planner.
Became designated Go To person for all PO, Invoice and Receivables issues for
ExxonMobil SYU division.
AFE Project Cost Accounting and instruction.
Trained three different Vendor AP departments.
Bolthouse/Fresh Logistics
2011-2011
AR
Contracted to work a portfolio of produce and specialty drink customers from major Grocery
chains, National and International Wholesalers.
Reduced DSO from 40 to 30 days in one month
Exceeded End of Year DSO goal of 28 in 45 days.
Bakersfield Pipe And Supply Inc.
2007-2011
Credit Manager
Built a professional Credit Department. Manage a portfolio of 20,000 accounts in 14 offices in 4
states plus international sales. Approve and direct all new accounts and collections strategies.
Reviewed all accounts for correct credit lines, changes in financial stability and security options.
Worked with Sales to develop and increase sales opportunities and profits.
Set up policies to manage annual growth of 30 35%.
Wrote Credit and Collections Policy & Procedures. Created New Customer Applications
and Forms;
Set up Risk Management Policy and Procedures; Worked with Sales Department on new
and existing customers to increase sales opportunities and profits.
Saved the Company $1,000,000+ in Bad Debt Expense in One Year on One Account
Achieved Bad Debt Loss of 0.005%. Company goal was 0.5%
Visited Customers to Increase Retention, Sales Opportunities and to Resolve Any
Disputes or issues
Resolved Customer ALL issues, AR related or not individually or with Sales Team visits.

Rain For Rent

2004-2007
Collections Supervisor
Directed all efforts on $40 million monthly ATB on a customer base of 35K customers in 50+
offices in 28 states. Assigned and directed legal activities including suit preparations, created and
maintained reports for Board of Directors and upper management.
Supervised Collections Department
Reduced Delinquency from 7% to 4.3%
Reduced DSO from 47 to 33 days
Restructured Lake Leasing and exceeded budget goals for 2006
Conducted Quarterly and Annual Branch and customer visits to resolve issues and for
customer service/retention.
Nestle Ice Cream/Dryers Grand Ice Cream
2002-2004
Collections Manager
Directed the national Albertsons store and warehouse account. Directed the national KrogerRalphs store account. Supervised the independent direct store delivery accounts for the Northeast,
Southeast and Midwest. Managed all collections placement, legal and bankrupt accounts. Train
the Cool Brand/Eskimo Pie Accounts Receivable Department.
Reduced Delinquency 30% in the Northeast.
Saved $600K in potential loss on the Albertsons account by research and reconciling
payments and billings.
Analyzed and reduced on account cash by over two million.
Trenz
2000-2002
A/R Credit and Collections Manager
Established and maintained 500 aftermarket auto Wholesale Distributor and Retail accounts.
Approved Credit and set Credit Terms and Limits. Supervised billing functions.
Wrote policies and procedures manual for A/R, cash application, credit and collection.
Reduced Delinquency by 30%
Reduced Days Sales Outstanding (DSO) to 32 days.
Performed and completed two year A/R reconciliation saving company $80K.
Established Electronic Payment System.
Tejon Ranch Company
Technical Assistant, Cattle Division
Cattle Cost Accounting. GL entries, Scheduling, Dispatching and Purchasing.
Spearheaded new accounting software for the Cattle Division.

1999-2000

Power Machinery Center

1998-1999
Accounts Receivable Manager, Credit and Collections
Accounts Receivable. Credit underwriting and credit approval, Y2K coordinator, Office
Manager. Supervised billing and cash application, balanced cash receivables.
Reduced Delinquency by 27%
Responsible for over 500 accounts with some balances in excess of $1 million.
CNC Associates, Inc.
1997-1998
Collections Manager
Responsible for 870 accounts valued at $83 million. Directed all legal aspects to include national
repossessions and suits. Auditing of cash receivables and lease files. Inventory control and
maintenance.
Reduced EOY delinquency from over 6% to 2.07%
Set up Collections and Billing Department.

Education
Bachelor of Science, San Diego State University, San Diego, CA
AA General Education, Barstow Community College, Barstow, CA
Leasing Institute of America, Salt Lake, UT
Lion Technologies, Hazardous Waste
Technical Training
Accounting Systems: SAP, NDS, JD Edward, Eclipse, MAS 90
Credit & Collections: Dun and Bradstreet C&C: NACM Financial Statement Analysis, Business
Law, Mechanics Liens, UCC Law
Equipment Leasing/Brokering
Honors
Partners in Excellence-Nestle Ice Cream