Mike Kovar Cpa, Cfa Email & Phone Number

Los Angeles, CA, US

Los Angeles, CA, US

West Des Moines, Iowa, US

✪ Private-equity backed lender providing home improvement financing options nationwide.✪ Recruited to transform and build-out finance, treasury and FP&A functions.

New York, New York, US

✪ A privately held venture capital (VC)-backed, early-stage developer of business productivity SaaS solutions for finance professionals seeking to streamline spreadsheet work. ✪ Partnered with the board and leadership team to better understand the competitive landscape. Assisted with product evaluation and positioning. Helped manage expectations for the.

Irvine, CA, US

• ✪ The largest Non-Qualified Mortgage fintech lender in the nation. PE-owned mortgage bank that originates over $3B in mortgage products annually and services a $7B portfolio ✪ Built a strong team vision across the.
• Reduced legacy mindset to emphasize best practices, continuous improvement, constant role re- engineering, and adaptability.
• Established a bottom-up budgeting process for the first time in company history and implemented an enhanced accounting system for 17 cost and profit centers. Transformed the company’s financial package; instituted.
• Implemented a new ERP system, upgrading end-to-end accounting.

• ✪ A consulting firm that provided fractional CFO services for middle market and PE portfolio companies with an industry focus on technology, SaaS, financial services, manufacturing, and business services. ✪ Provided.
• Managed financial operations across multiple industries, including software, technology, financial services, manufacturing, and business services.
• Specialized in profitability analysis, revenue recognition, budgeting, technology, restructuring, M&A, and financial reporting and analysis.

Irvine, California, US

✪ A privately held VC-backed company that developed an agriculture-based SaaS data platform that gathers real-time government and institutional data of 500+ specialty crops and commodities.✪ Guided a CFO & team, offered GAAP recommendations, shaped investment strategy, and enhanced financial reporting.

✪ A privately held VC-backed developer of an online commercial real estate leasing CRM platform designed to help clients list commercial properties. ✪ Strategic advisor to the founder. Developed investment marketing collaterals and facilitated additional investment from 5 private equity (PE) firms. Also developed a comprehensive budgeting process, which.

• ✪ Spinout from Real Estate Digital - online media including Go Apply lead generation platform and REALM (Real Estate and Living Media) - the largest vertical advertising network in the real estate industry.✪ Directed.
• High growth revenue phase before eventual sale, delivering over 1000%+ shareholder returns upon sale.

Markham, ON, CA

• ✪ Real Estate Digital Subsidiary - A privately held leading SaaS/online media and data solutions provider to real estate franchisors, brokerages, agents, and MLS organizations and associations. The company was acquired.
• Directed the ASC 805 purchase accounting analysis, new accounting system integration, treasury, internal controls, FP&A, budgeting, revenue recognition, M&A, and audit.
• Privatized the company after a 30-day negotiating window as part of a management buyout. Over the next 3 years, drove 15% annual revenue gains and 40% profitability improvement. Delivered 1K%+ ROI for shareholders.

• ✪ A 100M+ revenue division of $2B publicly traded LPS, providing SaaS/data and financial services. In 2014, Fidelity National Financial, Inc. acquired LPS for $2.5B plus 25.9M shares of common stock.✪ Recruited by the.
• Re-engineered a finance department that failed to keep deadlines or generate accurate financials. Developed a world-class team while reducing headcount by 22% and saving $306K+ annually.
• Halted revenue losses and cash burn by selling off and shutting down unprofitable lines, restructuring, and developing a comprehensive business model roadmap.
• Optimized business practices to stem dropping pre-tax margins from 20% to single digits within the most significant product line. Added $1M+ in pre-tax profits and increased margins by 87%.
• Masterminded a turnaround joint venture strategy that resulted in a $23M profitability gain.

• ✪ A publicly traded mortgage bank and online lending exchange connecting consumers and lenders.✪ Reported to the CFO and served as the primary liaison with external auditors. Member of Enterprise Risk Management.
• Consummated the acquisition of the Home Loan Center by ensuring the company complied with SEC regulations and accurate reporting on derivatives and hedging activities.
• Created an internal audit function and team to meet ongoing compliance testing for Sarbanes Oxley Operations and IT controls.
• Implemented Sarbanes-Oxley for IT and controls. Developed testing methodology to ensure controls were adequate and efficient.
• Implemented complex derivative accounting standards in anticipation of a public acquisition. Developed reporting mechanisms and requirements for the most complex GAAP standard ever written.
• Developed actionable opportunity cost analysis, identifying over $5M in profitability opportunities in hedging, secondary marketing, interest carry, warehouse lines, and debt covenants

Newport Beach, CA, US

• ✪ Pacific Life is a Fortune 500 company that offers innovative life insurance, annuity solutions, and mutual funds.
• Modeled a $38B investment portfolio and stress-tested it through various software packages.
• Led the initiative to optimize and repurpose unused functionalities within a complex investment accounting system.
• Improved efficiency and accuracy, saving over $400k annually in manual processing costs from system functionality implementation.

Mba, Finance/Accounting

Bs, Mathematics