JUSTIN LOCKHART
Aliso Viejo
Summary
23 years of Finance and Accounting experience holding positions of CFO Consultant, Director of Finance, Director of Accounting and Controller, directly reporting to the Executive Team and Board. Attaining a comprehensive background in a variety of industries, organizational cultures and management styles. Successful performance in preparing monthly, quarterly and annual financial packages, KPI decks, financial reporting presentations, timely monthly closes, AP and AR management, directing all Payroll and HR, Order to Cash, Cash Flow modeling, forecast modeling, budget development, Corporate/State/Local tax reporting. Developed various levels of process, policy improvements and team-based training sessions to increase efficiencies. Strong GAAP knowledge while leading multiple third-party audit diligence management. International and Multiple Entity Consolidations, Cost Accounting, Inventory management. Managing Stock based equity transactions and reporting. Prepared SOX compliance diligence including procedural documentation for internal controls, data integrity, key employee transitions, segregation of duties and preparation of required reporting. Proficient time management attributes, expert analytical ability and effective problem solution skills. Exceptional communication and collaboration skillset with all of the organizations' department leads. Possessing an adaptive mindset with successful leadership attributes for developing proficient teams.
Overview
9
9
years of professional experience
Work History
CFO Consultant
Balance Finance
Aliso Viejo
08.2020 - Current
- Provide CFO and Controller level services to various clients ranging from early-stage start-ups to growth and mid-stage technology, digital media, medical device manufacturing, social media marketing, health & wellness, and a variety of e-commerce companies.
- Order to cash, cash flow forecasting, monthly close, budgeting, financial modeling, preparation of Board financial decks, investor and bank compliance diligence, tax preparation, payroll and HR management.
- Directed the implementation and integration of various platforms for Financial and KPI metrics, accounting software, expense tracking, equity management and stock-based compensation, HR Benefit management, Policy and Procedure development.
- Providing my clients enhancements in operational efficiencies, reducing monthly close schedules, Financial Reporting packages the main point person for external audit diligence and investor round required diligence.
Financial Controller
Spectrum Plastics
San Clemente
02.2025 - 09.2025
- Reported to the Corporate Director of Finance managing the day-to-day maintenance, producing weekly and monthly reporting
- Managed the daily financial activities including Order to Cash, AP management, AR monitoring, monthly closing, including Revenue Recognition, COGS to Inventory reconciliation, managing payroll, company credit cards, managing all OPEX recording and accruals, reconciling all balance sheet accounts, preparing monthly financial board packages and presenting them monthly.
- Directed all inventory disposition, closed production shifts, monthly reporting to actual physical counts and provide other efficiency KPI's.
- Developed annual budgets, 3-to-5-year Forecasts and monthly monitoring of OPEX vs. Budget
- Medical Device plastic manufacturer - $40M in revenue
Director of Accounting
Zero Impact Energy
Costa Mesa
07.2024 - 11.2024
- Directed the Accounting staff of 6 performing all Accounting and Finance functions of 5 entities, reporting directly to the CEO and Investors.
- Maintained Bank Covenants, Investor Equity and required financial ratio metrics/KPI's.
- Oversaw the daily financial activities including Order to Cash, AP management, AR monitoring, monthly closing, including Revenue Recognition, COGS to Inventory reconciliation, managing payroll, managing all OPEX recording and accruals, reconciling all balance sheet accounts, preparing monthly financial board packages and presenting them quarterly.
- Directed the implementation efforts from QuickBooks Online to NetSuite over a 6-month period on the Financial Reporting set-up, Order Fulfillment, CRM and Inventory modules.
- Developed annual budgets, 3-to-5-year Forecasts and monthly monitoring of OPEX vs. Budget
- EV Charging Stations Wholesaler and Alternative Energy Solutions - $50M in revenue
CFO
The Anti Agency Group
West Los Angeles
01.2021 - 01.2024
- Provide CFO and Controller level services to various clients ranging from early-stage start-ups to growth and mid-stage technology, digital media, medical device manufacturing, social media marketing, health & wellness, and a variety of e-commerce companies.
- Order to cash, cash flow forecasting, monthly close, budgeting, financial modeling, preparation of Board financial decks, investor and bank compliance diligence, tax preparation, payroll and HR management.
- Directed the implementation and integration of various platforms for Financial and KPI metrics, accounting software, expense tracking, equity management and stock-based compensation, HR Benefit management, Policy and Procedure development.
Director of Finance
DermLite LLC
San Juan Capistrano
12.2021 - 08.2022
- Directed all Accounting and Finance functions reporting directly to the CEO and Private Equity.
- Managed the PE Acquisition, Lease Accounting, Entity changes diligence and Opening Balance Sheet Audit. Maintained Bank Covenants and required financial ratio metrics.
- Oversaw the daily financial activities including Order to Cash, AP management, AR monitoring, monthly closing, including Revenue Recognition, COGS to Inventory reconciliation, managing payroll, managing all OPEX recording and accruals, reconciling all balance sheet accounts, preparing monthly financial board packages and presenting them quarterly.
- Directed the implementation efforts from QuickBooks Enterprise to Microsoft Dynamics 365 over a 6-month period on the Financial Reporting set-up, CRM and Inventory modules.
- Developed annual budgets, 3-to-5-year Forecasts and monthly monitoring of OPEX vs. Budget
- Dermatology Medical Device Supplier - $17M in revenue Private Equity backed by DW Healthcare Partners
Financial Controller
Upgrade Labs, Inc.
Santa Monica
09.2018 - 02.2021
- Oversaw all daily accounting functions including daily cash management, cash forecasting, managed all AP, AR, revenue, deferred revenue recognition, payroll for 75 employees, accrued payroll, all Balance Sheet reconciliations, expense management and inventory tracking.
- Manage month end for 7 entities including P&L Actual to Budget analysis, maintenance of balance sheet schedules including Owner's Equity updates, prepaid expenses, accrued expenses, managing AP and AR, fixed assets, intangible assets and capitalization of software.
- Lead manager on the implementation of Microsoft Dynamics 365 from QuickBooks Online.
- Manage all aspects of the monthly Financial Reporting Package to board members & investors including KPI metrics, gross margin and profitability by business segment analysis.
- Assisted in building a 5-year financial forecast model with multiple assumption scenarios for Series B.
- Equity Management and stock-based compensation utilizing the Carta platform. Provide bank compliance reports and schedules for various credit lines and investor presentation decks.
- Managed and coordinated all efforts and diligence requests for the company's first external Audit.
- Health, Wellness & Recovery facility using cutting edge technology providing benefits at the cellular level - $6MM in Revenue
Financial Controller
Operam, Inc.
Los Angeles
04.2017 - 09.2018
- Direct all daily accounting functions including daily banking, cash forecast, AP, AR, semi-monthly payroll management for 135 employees, and other HR onboarding functions.
- Manage all month-end journal entries, close schedule and checklist, maintenance of balance sheet reconciliations, schedules including Owner's Equity updates, prepaid expenses, accrued expenses, managed all AP, AR, fixed assets, intangible assets and depreciation and amortization.
- Revenue recognition in a variety of Social Media platforms, programmatic analytics and Creative Agency fees working closely with Media Managers and Account Leads to accurately capture advertising campaign deliverables, deferred revenue schedules based on campaign length, Cost of Sales reconciliation to Gross Margin expectations & month over month P&L variance analysis.
- Manage all aspects of the monthly Financial Reporting Package to board members & investors including KPI metrics and other qualitative reporting.
- Provide bank compliance reports and schedules for various credit lines.
- Lead the diligence efforts through the Series A Investment Round and credit line applications.
- Managed and coordinated all efforts for the company's first Financial Audit.
- Digital media agency that manages advertising campaigns in the entertainment industry - $85M in Revenue
Education
Bachelor of Science - Business Administration
University of North Carolina at Greensboro
Greensboro, NC05.2003
Skills
- NetSuite
- Microsoft Dynamics 365
- JD Edwards Enterprise One
- Sagitta
- Sage
- PeopleSoft
- Rootstock
- QuickBooks Enterprise
- QuickBooks Online
- Stripe
- Bizzabo
- Mind Body
- Square
- Zuora
- Magento
- Looker
- Google Analytics
- Facebook Business Manager
- Carta equity management
- ASC 606
- Concur
- Expensify
- Wells Fargo Expense Reporting
- BambooHR
- Zenefits
- Salesforce
- SAP
- Fishbowl
- ADP
- Paychex
- TriNet
- Namely
- Gusto
- Paycom
- Paylocity
- Billcom
- Bean works
- 1099 management
- SharePoint
- Smartsheet
- Mondaycom
Client List Highlights
- The Anti Agency Group, 01/01/21, 01/01/24, West Los Angeles, CA, (Social Media Advertising - Theatrical Space - $10M in Revenue)
- Creative Tent International, 09/01/22, 01/01/23, Henderson, NV, (Outdoor Portable Structure Manufacturer and Assembler - $80M in Revenue)
- The Honest Company, 06/01/15, 10/01/15, Santa Monica, CA, (E-Commerce and Retail Eco-Friendly Baby, Home and Beauty Products Company - $250M in Revenue)
- Creative Artists Agency, 01/01/15, 05/01/15, Century City, CA, (Talent and Sports Agency - $150M in Revenue)
- MeUndies, 08/01/14, 12/01/14, Los Angeles, CA, (E-commerce apparel - $20M in Revenue)
Timeline
Financial Controller
Spectrum Plastics
02.2025 - 09.2025
Director of Accounting
Zero Impact Energy
07.2024 - 11.2024
Director of Finance
DermLite LLC
12.2021 - 08.2022
CFO
The Anti Agency Group
01.2021 - 01.2024
CFO Consultant
Balance Finance
08.2020 - Current
Financial Controller
Upgrade Labs, Inc.
09.2018 - 02.2021
Financial Controller
Operam, Inc.
04.2017 - 09.2018
Bachelor of Science - Business Administration
University of North Carolina at Greensboro