Jim Lentz

Experience

• 

  Rite Aid

  Jan 2007 - Apr 2011

  • Managed a staff of 7 team members and ensured the accuracy and completeness of all daily activities.• Initiated bottle deposit program to track and recoup erroneously paid deposits while meeting state auditors requirements and achieving a six month savings exceeding $660K.• Prepared and published the weekly AP Rollforward, comparing actual ending inventory balances to calculated balances, and trued up the appropriate AP and inventory accounts accordingly • Completed weekly inventory gross profit analysis and reporting for cigarettes. Show less

  • Senior Lease Accountant

    Sept 2010 - Apr 2011

  • Accounts Payable Supervisor

    Jan 2007 - Sept 2010
• 

  Ahold

  Apr 2011 - Jun 2014

  • Partner with Category Management, Vendors, Retail Operations, and Financial Leadership to drive strategic initiatives and provide feedback on vendor performance.• Analyze vendor data, systems, and workflow processes to proactively identify efficiency opportunities and maximize resources. Recommended several changes resulting in a positive working capital impact.• Implemented program to track swell allowances related to warehouse deliveries to ensure vendor compliance with contracted rates. Identified and recouped over $100K missed revenue.• Transitioned the warehouse and DSD vendor accounts away from Cardinal as primary pharmacy supplier and integrated McKesson; ensuring prompt and accurate payment per contract parameters. • Fostered a close working relationship with inventory management to ensure proper statement of GL accounts, eliminate paper shrink, and resolve general ledger inquiries.• Lead a team of 14 associates responsible for the research, analysis, and processing of vendor payments, Store Service Communications for all DSD inquiries and the completion of over 20 general ledger reconciliations. Show less

  • AP Data Mining Supervisor

    Dec 2013 - Jun 2014

  • Accounts Payable Supervisor

    Apr 2011 - Dec 2013
• 

  RITE AID

  Jun 2014 - Jan 2016

  Accounts Payable Manager

  *Manage reporting and compliance with internal and external controls related to resale and non-resale purchases for 8 distribution centers and 4,000+ stores. *Generate and analyze reporting associated with purchasing terms in efforts of optimizing working capital and improving cash flow.*Implemented new software to increase efficiency in expense purchases and ensuring contract compliance with external vendors.

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  Voith Group

  Jan 2016 - now

  • Director of GBS Accounting

    Jan 2023 - now

  • North America Accounts Payable Manager

    Jan 2016 - Jan 2024