David Lynch Email & Phone Number

Los Angeles, Ca

Responsible for all aspects of the accounting process.

Greater Los Angeles Area

Direct all aspects of the company’s accounting operations and oversee all transactions related to the general ledger, receivables, payables, payroll, and financial reporting. Develop annual budget and monthly forecasting, prepare cash flow projections and tax filings/compliance. As part of Executive Leadership team, help define the strategic direction of the company, inclusive of ICP(Ideal Customer Profile), product, and operational vision of the company. Responsible for financial strategy and support for potential acquisition inquiries.Provide financial analysis for new product initiatives as well as pricing and rate analysis for all proposals including contract review. Lead for obtaining PPP Loan and the subsequent forgiveness providing financial stability during pandemic. Assist HR with salary and benefits analysis and transition to new payroll platform.

Los Angeles, Ca

Responsible for the Finance and Accounting Operations of Telewise TV, which produces product segments for several major entertainment news and talk shows.Oversee all financial reporting (including sales, gross margin, and expense analysis) for a leading producer of marketplace content segments for TV news and entertainment programs.Create monthly financial statements using Great Plains (Microsoft Dynamics GP).Manage weekly cash flow reporting to track business-critical vendor payments and ensure compliance with contractual requirements.Train and manage a staff accountant to administer purchase order and accounts payable functions and act as principal vendor contact.Primary contact for outside tax accounting firm on all tax reporting and filing.Developed a new accounting process to reflect sales returns in vendor revenue-sharing calculations, resulting in significant cost savings.Devised new strategic guidelines for vendor negotiations, enabling the purchasing group to enhance profitability by tying gross margin rates to the relative value of specific placements.

Los Angeles, Ca

Principal accounting responsibility for a rapidly growing Internet-based fitness business, encompassing month-end close, accounts receivable, and accounts payable, as well as annual and three-year strategic planning and forecasting.Oversee cash management, including all disbursements and account transfers, balancing complex forecasting and contractual requirements to maximize positive cash flow.Develop and present monthly and ad hoc financial reporting packages for the board and CEO to drive operational planning and sales efforts.Contract review of all vendor and affiliate and marketing partner contracts, partnering with business development and outside counsel to evaluate potential financial, operational, and legal impact. Primary contact with B2B customers, producing monthly revenue share and sales reports.

Los Angeles, Ca

Full P&L responsibility for a new $28 million entertainment portal, including developing and executing annual budgets, monthly forecasting, and management reporting.Design procedures for the reconciliation and reporting of all Clearmedia content inclusive of music downloads as well as news, sports, and weather content providers. Determine the accounting treatment of ad-based revenue sharing, promotional discounts, original content production costs, and sales and use taxes.Financial lead on the design and roll-out of a proprietary billing system, partnering with technical services to define business requirements and establish operational procedures for credit card transactions, revenue assurance and recognition, and Sarbanes-Oxley compliance. Ensure the capitalization of over $1 million in labor costs under SOP 98-1 by implementing a centralized project-labor tracking system for all employees, contractors, and vendors.Maintain P&L integrity by developing and administering procedures for the processing and review of all contracts, purchase orders, invoices, expense reports and new hire requisitions.Drive all aspects of the month-end close process.Successfully manage business while achieving favorability against budget.

Los Angeles, Ca

Financial responsibility for the expense and business management of Customer Operations and Technology Development for a major MVNO with a combined budget of $55M. Major duties included development and execution of the annual business plan, monthly forecasts, and weekly budget review meetings. Defined and implemented cost management processes resulting in controlled growth across the organization.Created financial models to forecast Customer Service call volumes, subscriber billing costs, and software development expenses. Managed proceedings and turnaround initiatives for Chapter 11 bankruptcy filings essential for cash collateral monitoring.Financial liaison for major vendors, facilitated month end closings, and prepared monthly management reports and Board packages.

Greater Boston Area

Selected and implemented an Accounting Package inclusive of Accounts Receivable, Payable, and Deferred Revenue modules.Processing responsibility for the Billing, AR, AP, Payroll, and General Accounting functions. Revised contract process flow (billing to collections) resulting in more accurate billing, reduced bad debt, and enhanced contract and customer reporting. Preparation of monthly Profit & Loss and Balance Sheet statements as well as financial reporting package encompassing cash flow, variance, and contract renewal analysis. Other responsibilities include maintenance of stock capitalization table, coordination of annual audit, commission calculation, and lease analysis.

Boston, Ma

Primary responsibility for financial management of $20M financial services based Internet service. Duties include preparation of annual business plan, quarterly forecasts, and variance analysis.Conducted all facets of monthly close process inclusive of sales order billing, AP, AR, financial reporting, deferred revenue, and account reconciliation. Reduced a prior five- day close cycle to three in accordance corporate requirements.Created controls and policies within Billing and Contract Administration Groups to ensure accuracy of invoices and achievement of DSO objectives.Managed staff of three Financial Analysts to support financial and accounting issues encompassing the Accounts Payable, Billing, Receivable, and General Accounting functions.Additional responsibilities included creation of financial models to assess new business opportunities, and serving as liaison with Corporate Group to support all ad-hoc reporting requests.

Washington D.C. Metro Area

Provided financial analysis supporting new business development initiatives by creating pricing models to ensure all new services meet the corporate Return on Investment (ROI) objectives.Prepared the operating budget for a $55 million cost center and provide executive management a monthly variance report outlining business impacts and corrective recommendations.Responsible for the overall Profit and Loss Reporting by department, geographic region and product line.Facilitated both internal and external audits in relation to revenue reporting and processing.Managed monthly close process for revenue recognition to ensure appropriate financials are reflected on the corporate general ledger.Developed and administered the ongoing adherence to all policies and procedures pertaining to the month end close and billing and collections.Staffed, trained and managed a team of three to perform net settlement and revenue assurance functions.

Greater Boston Area

Overall financial responsibility for an emerging pre-pay wireless product inclusive of revenue forecasting, budget preparation, pricing, variance analysis and contract review. Managed Service Bureau relationship for outsourcing of tax data processing; and acted as consultant to cellular carriers for financial and accounting use of product reporting. Developed and implemented reconciliation procedures to ensure financial accuracy of monthly product reporting.Integral member of Product Team responsible for defining, building and managing reporting function to support customer base of 50 wireless markets.

Greater Boston Area

Constructed financial models to support strategic direction recommendations for $25 million line of business and developed a business case that resulted in the signing of a major partnership alliance. Translated strategic objectives into tactical initiatives; provided revenue forecasting for four major product lines; and created pricing for all new products and enhancements. Created and maintained product revenue projection models with forecasted revenue within 5% of budget.

Mba, Finance

Bs, Finance