Chad Seng Email & Phone Number

LOCAL RADIO NETWORKS (LRN) Chief Financial Officer – Consultant 10/2014 - PresentHarness the vision of small market radio owner to produce programming for mid-market radio stations and groups throughout the United States.  Currently sit on the board of directors for LRN. Create business plan and accredited investor document used to solicit investors to participate in 1st round of raise in the amount of $1.5M. Setup banking relationship for startup. Solicit and contract sales of advertising with one of largest New York rep firms in the country. Organize all accounting functions associated with new startup including the implementation of Great Plains, sourcing payroll provider, business insurance and hiring staff to sufficiently accommodate growth of the company. Register LRN as limited liability company in state of Michigan. Solicit equity contacts to step in with 2nd round of raise, if needed.

Englewood, Co

Provided leadership that fostered growth in revenue from $2.6M in 2016 to a $3.4M association in 2017. This made it feasible to merge assets with American Heart Association. Using my expertise to spearhead due diligence efforts in the asset merger with American Heart Association. Successful protected and limited the board of directors exposure to liabilities during the wind down process of National Stroke Association Provided the board of director’s quarterly financial statements along with key metrics concerning the association. Handled all day-to-day financials, human resources, payroll and IT functions for the association. Maintained banking, insurance and all contractual relationships with the association. Negotiated all agreements from 3rd parties for National Stroke Association. Handled all external audit and tax filings that include 990, 990-T, 5500 and all state registrations.

Greater Denver Area

Directed rapid growth for largest independent radio programming company in country, by structuring and controlling operations. Managed treasury functions; including accounts payable, accounts receivable, payroll and cash management. Created monthly financial reports for upper management, investors, board of directors, and outside auditors, and managed month end closing schedules. Oversaw payroll for 500 employees and served as corporate HR liaison. Drove shared services that include treasury management, payroll, accounts payable, fixed assets, accounts receivable, and monthly closing schedules. Managed an accounting and finance staff of nine associates. Successfully prepared financials including filing 10Q’s and 10K’s. Researched and developed advertising sales commission compensation plans. Successfully implemented and managed an accounting system conversion from ACCPAC to Microsoft Dynamics Great Plains. Directed radio budgeting process for Denver, New York, Dallas, Los Angeles, Nashville, and Seattle locations. Managed the monthly and quarterly rolling forecast and put together the plans to limit risk based on the forecast. Prepared monthly, quarterly and annual board packages including financial statements, variance analysis and MD&A discussion. Maintained compliance with $235M in 1st and 2nd term loans and $25M rolling credit line held by syndicate banks.  Successfully took Westwood One (Dial Global) from a publically traded company to private company. Identified and implemented an additional $7M+ in restructure savings by taking company private. Drove a $750K savings/year by integrating and consolidating back office acquisition functions. Led diligence process for reverse merger between Triton Radio Networks, Dial Global, and Westwood One Radio Networks. Secured $30M in term loans, with $7M credit facility. Completed four acquisitions totaling $85M in purchase price, including due diligence..

Master Of Business Administration (Mba), Business Administration And Management, General, 3.98

Bachelor Of Arts (B.A.), Finance