1. Mr. Simone Foglia
London, W5 3RL | 0044(0)7557106403 | sfogl@libero.it
1. CV Simone Foglia,
London, W5 3 RL / 0044(0)7557106403 / sfogl@libero.it
Credit and collection manager with 10 years of industry experience
E X E C U T I V E S U M M A RY
An innovative, highly committed, solutions-focused Financial Executive with a visionary leadership and an
outstanding successin creditcollection managementof multimillion portfolio.Flexible proactive thinker and
problem solver with strategic foresight and personal ability to communicate efficiently at all levels. Driven
by a direct and decisivemanagementstylefocused on Team work, and a characteristic tenacious approach
based on a natural can do attitude.
C O R E C O M P E T E N C I E S
Credit collection management of multi-currency receivables, and process implementation
DSO reduction, cash flow optimization, factoring and cash forecast
Credit exposure and risk assessment
Reporting activity
Letters of Credit (Export-UP600), and bank guarantees
Cash allocation and cash posting
Regulatory compliance
TeamManagement:recruiting,coaching,supervision,development,performancemonitoring
Resource/budget administration
Communication, influencing and negotiation
Sales order review and approval / Sales support
Proficiency with main ERP systems (Oracle 11, SAP, Navision), MS office and Outlook
P R O F E S S I O N A L E X P E R I E N C E
Position: Credit Control Manager UK, Ireland and Scandinavia Dates: 06/2014 – present
Company: FDI Payment Institution,(UK)
Oversaw day-to-day outsourced operations of Credit and Collection of multi-currency receivables for 2
branch locations for major fashion brands.
Streamlined company credit policies and implemented procedures.
Created templates to be used in collection attempts.
Employed process for evaluating customer financial and setting credit lines and payment terms.
Establish credit limits on new and existing accounts, investigating financial status and credit
references of prospective customers applying for credit.
Reconcile transactions and balances to maintain accurate accounts.
Monitor receivables and provide ad-hoc reports.
Responsible for all stages of negotiating payment programs and debt recovery with delinquent
customers, resolving litigation and disputes with internal Legal Team and sales representatives.
Coordinating collections with third party contractors.
Periodic visits to key customers, arranging terms and conditions for financial agreements
Lead, coordinate and supervising daily activity of a team of 8.
Training and coaching staff, through regular periodic aging/past dues review, also on 1 to 1 basis.
Selected Accomplishments:
Created a responsive, efficient, cash driven department, with a profitable increase in productivity.
Directed integration of Sepa Direct Debit systemwithin theexisting information technology for Irish
and Scandinavian accounts, reducing banking costs of 30% on a yearly basis.
2. 2. CV Simone Foglia,
London, W5 3 RL / 0044(0)7557106403 / sfogl@libero.it
Position:European Credit Collection Specialist (South/East Europe, Middle East) Dates: 06/2012 – 09/2013
Company: Fenwal Europe Sprl, Fresenius Kabi Group (Belgium)
Lead a credit Team of 4, responsible for decisions concerning sales orders and credit assessment for a
leading producer of medical devices for manual and automatic blood collection.
Created a quality credit risk management environment, and developed internal credit policies to
reduce risk of potential turnover loss.
Managed account receivables and all related B2B functions.
Reviewed credit references to determine applicant suitability.
Monitor, review and adjust credit lines on a regular basis to minimize credit exposure
Facilitated monthly meetings with Credit and Sales staff, and periodic customer visits to arrange
terms and conditions for financial agreements
Lead factoring and Letter of Credit (Export–UP600) processes to maximize cash flow
Perform/review reports for Aging, Cash forecast, DSO, Bad Debts & Provisions, Dispute Turnover
Ensure cash application in SAP through remittance advice
Selected Accomplishment:
Achieved a significant DSO reduction (from 83 to 40 days in one year) with a major impact on
company cash flow.
Position held: Account Receivable Executive (Italy and UK) Dates: 08/2011 – 06/2012
Company: Pfizer Inc. Global Financial Solutions Europe (Ireland)
Spearheaded the activities of a team of 10 specialists engaged in collecting overdue payments from
hospitals and pharmacies for a market leader of pharmaceutical products.
Managed an Accounts Receivable department in excess of 300Mil EUR; analyzed delinquent
accountsand prepared reportson highest-risk accounts including recommendations for resolution.
Organized collection work load according to degree and amount of delinquency and assigned
accounts to staff for collection; assisted subordinates with collection activities in difficult cases.
Credit assessment on new customers and credit investigations with Credit Risk Management.
Responsibleforcredit exposureanalysis monitoring credit limits, approving or holding sales orders.
Control and implement Factoring process to optimize monthly cash flow.
Liaising weekly with Legal Department to solve delinquencies and litigation.
Selected Accomplishment:
Improved department's DSO collections rate by (30%) on key accounts, in less than 1 year.
Positionheld:Credit & Collection Coordinator (Italy, Middle East, South Europe) Dates: 11/2009 – 08/2011
Company: Doosan Trading Ltd. (Ireland)
Responsible for B2B collection activity through a portfolio of 120 accounts, worth a monthly turnover of
60mil EUR. Assessing risk on new and existing accounts through balance sheet and P&L. Manage due
outstanding sales balances and monitor credit limits, applying/removing credit holds. Involved in letters of
Credit process,and opening and renewing Bank Guarantees. Perform and review with Credit Management
Aging, DSO, Cash Forecast and Credit Hold reports. Responsible to monitor insolvent accounts along with
internal Compliance/Legal Department. Ensure cash allocation in ORACLE through remittance advice.
Position Held: Credit & Collection Executive (Italy and UK) Dates: 03/2007- 10/2009
Company: Xerox Ltd. (Ireland)
First approach withcredit collection environmentata B2B level, managing a portfolio of 60 accounts, worth
a monthly turnover of 20Mil EUR. Monitoring credit lines, applying/removing credit holds, and ensure cash
allocation through remittance advice. Escalate 60+ past dues to Credit Manager and local Sales Team.
Position Held: Client Service Administrator Dates: 05/2002 -01/2007
Company: Direct Line Insurance Ltd, (Italy)
Managing after sales documentation, and sort claims received from the Italian Insurance Regulator.
Responsible for training new hires.
3. 3. CV Simone Foglia,
London, W5 3 RL / 0044(0)7557106403 / sfogl@libero.it
A C A D E M I C B A C K G R O U N D
September 2010: Letters of credit certificate, Credit and International Business school, Dublin
1997 - 2000: Academic Bachelors Degree in Economics, University of Milan (7, Conservatorio St.)
February – July 1998: Advanced English course, University of Milan, (7, Conservatorio St.)
September – December 1997: course of Statistics. University of Milan, (7, Conservatorio St.)
1992 – 1997: Pier Paolo Pasolini School, Milan - High School diploma, final mark 53/60
L A N G U A G E S
ITALIAN: Native ENGLISH: Fluent, spoken and written
FRENCH: Intermediate (B1), spoken and written GERMAN: Intermediate, spoken
R E F E R E N C E S A V A I LA B L E U P O N R E Q U E S T
