Michael Lash Email & Phone Number

• Responsible for financial oversight, planning, and periodic reporting of a $50 million specialty retail organization with over sixty locations in fifteen states. Stabilized accounting department after previous period.
• Developed and enforced organization’s first company-wide operating budget, bringing accountability to departmental leaders for spending decisions and increasing monthly Operating Margin from 16.4% to 19.8% since.
• Created weekly store KPI scorecards for Owner and COO, highlighting trends in product margins, identifying opportunities to reduce store payroll costs, and benchmarking individual store performance.
• Brought crucial licensing and compliance functions in-house, a personnel decision which saved the company over $125,000 annually in legal expenses.
• Strategized cash flow management, especially when 54 of 61 retail locations temporarily closed due to COVID-19, including modeling cash burn rates, negotiating $200k of monthly payment deferrals, and procuring $2.1.

• Key member of corporate leadership team. Worked jointly with Owner-President and VP of Construction to develop and monitor budgets for single-family home, market rate apartment, and LIHTC apartment construction.
• Negotiated permanent non-recourse financing for an HOA constrained 24-unit multifamily building which returned 64% of invested capital to equity holders.
• Strategized capital structure of a $33 million, 142-unit LIHTC apartment complex to position company to perform development with considerable uncertainty in federal tax credit pricing and without requested state tax.
• Secured $1.6 million of infrastructure funding and initial $4.2 million of construction funding for phased development of a 56-unit single-family home community, which reduced required capital from investors by 37% for.
• Facilitated organizational growth by obtaining a lease for office expansion space, including $27,500 of tenant improvement allowance, five additional parking spaces, and two months of free rent.

Denver, Colorado, US

• Top financial position-holder in the organization. Insourced and instituted internal accounting and financial reporting functions of the organization. Designed system of internal accounting controls. Managed corporate.
• Worked jointly with company founders to raise a total of $6.3 million in two common stock offerings with the goal of funding increased working capital needs to support planned annual growth of 185%.
• Successfully proposed revised contractual terms with contract manufacturer, resulting in a 6% COGS decrease in company's flagship product line and an immediate $171k cost savings.
• Collaborated with CEO and Sales Director on various pricing strategies for new and existing products, including an initiative to reprice international-bound goods, which increased annual gross revenue by $220k, and a.
• Negotiated high-volume purchasing contracts with raw materials and packaging suppliers, increasing product line manufacturing margin 5.8% and net income $50k. Collaborated with cross-functional team to devise.

Arvada, CO, US

• Promoted corporate growth through financial and operational analyses, authoring business cases, and identifying/measuring several Key Performance Indicators. Presented results and recommended actions to executive.
• Designed and implemented company’s first annual budget, assigned ownership of expense categories to appropriate departments, and devised periodic forecasting methodologies to adjust for operational changes.
• Wrote several business cases, including a comparison of expansion vs. franchising as possible growth strategies, a study to support increased financial backing of the corporate call center, and an analysis detailing.
• Increased detail of financial data by introducing Profit & Loss reporting at the individual center level, which resulted in streamlining operations through closure of negative EBITDA centers.
• Designed comprehensive monthly financial reporting package, which included a Key Performance Indicator dashboard, trend analysis of several key financial metrics, detailed center-level inventory turnover ratios, and an.

• Directly responsible for the oversight of the financial and accounting operations of the organization. Directed cross-functional efforts to prepare and produce operating and capital budgets. Coordinated external.
• Valued potential real estate acquisition targets by using multivariate scenario analysis of pro-forma financial statements, which led to purchases of a hotel for $7.2 million, an office building for $8.7 million, and.
• Led financial due diligence efforts, including analysis of historical operating performance and potential income growth, for various distressed retail ventures, which culminated in asset purchases of $10.5 million for.
• Implemented and administered financial reporting, fixed asset, and property management software packages, resulting in a 15% reduction in tax preparation billable hours.
• Developed a strengthened internal accounting control environment which increased accuracy of financial reports to stakeholders.
• Collaborated with institutional joint venture partners to ensure mutual understanding of partnership entity terms. Efforts directly resulted in resurrection and successful closing of a $93.9 million commercial real.

Tampa, FL, US

• Assisted client Northwestern Mutual in New Securities System project, a large-scale conversion of financial data to PAM for Securities. Met with cross-functional teams to plan important aspects of the conversion.
• Devised detailed financial scenarios to identify vital PAM data table elements, which successfully addressed outbound reporting needs for derivative securities
• Collaborated with private investments group on a strategy for manual conversion of complex securities, which resulted in an accurate and effective conversion of over 200 preferred stock and private placement securities
• Wrote specifications for PAM enhancements, which facilitated accounting for swaps and replicated securities

• Ensured timely and accurate net asset values of various mutual funds, performed reconciliation reports for management and auditors, and researched payment discrepancies. Was promoted twice in three years eventually to.
• Designed a spreadsheet to calculate market value of portfolio forward currency contracts, which saved the investments division an average of $25,000 a year
• Created a method of reconciling gains on futures contracts to counterparty activity statements, which resulted in reducing reported net asset value errors by forty percent
• Produced linked worksheets to expedite retrieval of vital accounting information, which decreased fund processing time by an average of twenty minutes a day

Master Of Science (M.S.), Finance, General

B.S., Business Administration - Finance