Loren McCutchen

About Loren McCutchen

A seasoned CFO and M&A Finance Executive, I bring over a decade of leadership in…

Experience

1. Senior VP of Finance and CFO

   My Labs Direct

   Jan 2019 — Present · Dallas-Fort Worth, TX, US

   Renewable energy business offering engineering, procurement and construction for residential and commercial solar projects with a footprint in Texas, California, Colorado, Nevada, and Arizona.• Responsible for financial leadership internally and externally, defining the company’s reporting structure and KPIs, driving financial growth, operational efficiency, and capital planning. • Grew and managed the Accounting and Finance functions from three employees to 15 with 350% revenue growth over three years across five states, scaling operations with significant national growth plans. • Acted as the key advisor to Founder and CEO throughout tenure. • Optimized third-party financing partnerships and cash flows, improving revenue growth opportunities, liquidity and vendor relations.• Managed company contraction through crisis arising from COVID-19 pandemic, leading restructuring of office locations, cost-cutting, and business model transformation to stabilize financial health. • Improved financial controls by integrating and consolidating operations, transitioning key functions from California to Texas headquarters. • Obtained two rounds of Payroll Protection Program funding and forgiveness as well as Employee Retention Credits without utilizing outside advisors. • Led financial modeling, projections, and back office organizational activities for innovative business models, including solar-powered cryptocurrency mining and clean energy start-ups.

Skills

• Due Diligence
• Finance
• Management
• Gaap
• Mergers & Acquisitions
• Financial Accounting
• Financial Analysis
• Accounting
• Us Gaap
• Auditing
• Financial Modeling
• Corporate Finance
• External Audit
• Financial Reporting
• Mergers
• Sec Filings