David Mcgowan Email & Phone Number

New York, New York, United States

LendingFront is a SaaS, white-label fintech company specializing in providing services to the small to medium business lender. Our Platform includes a set of integrated or standalone modules covering all aspects of the financing process including application intake and workflow, underwriting, decisioning, offer presentation, monitoring and servicing. The Platform automates as much of the lending process as desired providing control from full automation to manual oversight.

Directed the day-to-day activities of this startup business, supervised all financial activity, modeling and reporting, managed printer relationship, paper purchasing and postage usage, oversaw circulation department and its financial modeling and acted as on-site HR department. Initiated decision making process for all significant strategic initiatives and actively identified and researched new and alternative options for growing the business.- Key liaison with senior management at $4.5 billion parent company.- Worked closely with Publisher setting sales goals and strategy resulting in a +30% increase in 2008 ad pages versus an industry decrease of –11%.- Achieved better than budgeted financial results every year.- Reduced production costs $50,000 per issue in part by lowering weight of paper by 24%.- Skilled at developing financial models/strategic plans and in providing clear and concise reporting of variances.- Launched monetization of Hallmark.com’s 110 million daily unique visitors to website and developed associated operational processes and procedures.

Angel investor funded startup business. Directed all accounting, tax and treasury activities, developed multi-year Budgets, reviewed accounts payable, receivable and invoicing activity, controlled all payroll and human resource functions and acted as IT manager in conjunction with consultants. - Actively involved with founders in running the business and working with investors.- Created numerous multi-year financial, circulation and cash flow budget models.- Spearheaded move to a lower basis weight paper saving over $100k per year.- Pushed for improving newsstand sell through efficiency resulting in a savings of $50K per issue.- Maintained and actualized circulation model and managed production consultants. - Prepared for and coordinated activity of outside auditors during annual audit.- Energized our list management company resulting in an additional turn per year.

Responsible for all aspects of running the business for owners. Grew annual revenue from $13 million to $20 million and improved EBIT from $5 million to $8.3 million. Conceived and implemented this growth strategy by expanding product lines, reorganizing management team and improving employee morale.- Increased member attendance 31% by bringing in new customers and improved customer retention 32% by holding on to the customer longer. - Managed more than 675 employees through seven functional managers in the delivery of over 600 meetings per week. - Redesigned budgeting process, chart of accounts and company’s financial reporting resulting in improved business decisions. - Opened more than 200 new meetings - in part by developing a highly successful staff recruitment program.

Managed a staff of 20 professionals, during a 300% increase in revenue, covering Finance, Customer Service, Billing, Accounts Receivable, Purchasing, Human Resources, IT, Warehousing and Distribution. - Spearheaded elimination of company owned warehouse, resulting in a 40% cost savings over in-house distribution. - Computerized sales force by developing Internet access to our customer database information.- Installed an integrated Point of Sale computer system to network our retail stores.- Presented to French Board of Directors a consolidated US Budget of eight business units.

Mba, Accounting

Ba, Liberal Arts