Zack De Novellis
About Zack De Novellis
Zack De Novellis serves as the Accounts Receivable Manager at Walker Edison, where he has implemented key performance indicators and strategies to improve cash flow and reduce aging receivables. He has extensive experience in accounts receivable and credit management, having previously worked at Tesla and Danone North American Companies.
Work at Walker Edison
Zack De Novellis has served as the Accounts Receivable Manager at Walker Edison since 2020. In this role, he established key performance indicators (KPIs) to effectively track departmental progress. He implemented a collections escalation plan that reduced accounts receivable aging over 90 days by 25% within the first year. De Novellis maintained accounts receivable aging over 90 days below 1% of total accounts receivable. He also created a payment forecast plan to improve cash flow understanding and developed a strategy that decreased cash application time by 8 days. Additionally, he developed month-end processes, which included bad debt write-off and accrual.
Previous Experience in Credit and Collections
Before joining Walker Edison, Zack De Novellis worked as the Credit and Collections Manager at Tesla from 2018 to 2020. His responsibilities included managing credit risk and overseeing collections processes. Prior to Tesla, he held the position of Accounts Receivable Manager at Danone North American Companies from 2016 to 2018. His experience in these roles contributed to his expertise in accounts receivable management and collections strategies.
Career Background in Accounts Management
Zack De Novellis has a diverse background in accounts management. He worked as an Accounts Payable Manager at JCPenney from 2012 to 2016, where he managed accounts payable operations. Earlier in his career, he spent 13 years as Team Leader of Foreign Language Operations at Discover Financial Services from 1999 to 2012. His extensive experience in various financial roles has equipped him with a comprehensive understanding of accounts receivable and payable processes.
Education and Expertise
Zack De Novellis studied Business Management at the University of Phoenix, where he earned a Bachelor of Science degree from 2004 to 2007. He also completed his high school education at Kearns High from 1994 to 1996. His educational background has provided him with the foundational knowledge necessary for his roles in accounts management and financial operations.