Mitchell Hymowitz, Finance Expert in Seattle, WA, United States
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Mitchell Hymowitz

Verified Expert  in Finance

Bio

Mitchell is an experienced Interim CFO who untangles thorny investment deals, closes stubborn financial deals, and builds complex financial models. As the Pacific Northwest's longest-tenured and most experienced consulting CFO, he has worked on over 90 financings and M&A deals valued at over $500 million. Mitchell has been freelancing full-time for over 25 years as it allows him to work with a wide variety of clients and their unique problems.

Career Highlights

CFO
CFO Services LLC
VP-CFO, Treasurer, Secretary
Olympia Broadcasting Corp (NASDAQ: OBCC)
Assistant Controller
International Creative Management inc.

Education Highlights

MBA Degree
New York University
Bachelor's Degree
Rutgers College

Case Studies

Work Experience

CFO

1992 - PRESENT
CFO Services LLC
  • Leveraged my experience to succeed as Interim CFO, untangling thorny investment deals, closing stubborn financial deals, and building financial models.
  • Gained a reputation as the go-to person for financing events and crisis management. Companies in need of an interim CFO often called me to fill the chair of a senior financial executive.
  • Learned how to anticipate roadblocks and create tactics that work, skills that made me popular with entrepreneurs and start-up investors.
  • Trusted by attorneys, CPAs, and VCs to provide the financial and logistical expertise to get their complicated deals done.
  • Extended my success beyond the workplace: fathered three successful children; licensed as an instrument-rated private pilot; competed in the 2016 World Curling Championships; and served as the Director of Statistics for the 2012 World Wheelchair Rugby Championships!
Focus areas: Debt Restructuring, Angel/Seed Funding, Venture Funding, Strategy, Financial Planning & Analysis (FP&A), Mergers & Acquisitions (M&A)

VP-CFO, Treasurer, Secretary

1986 - 1991
Olympia Broadcasting Corp (NASDAQ: OBCC)
  • Designed, implemented, and directed all financial and infrastructural functions for a NASDAQ-listed radio broadcasting group.
  • Completed a combination debt and equity IPO underwritten by Drexel Burnham Lambert.
  • Closed seven M&A transactions and multiple bank lines of credit.
  • Managed investor relations and public reporting processes.
  • Supervised a staff of thirteen.

Assistant Controller

1981 - 1986
International Creative Management inc.
  • Directed all budgeting and forecasting activities for International Creative Management (the world's largest talent agency) and its corporate parent Josephson International.
  • Participated in twelve M&A and financing transactions valued at over $150 million.
  • Managed FP&A across all divisions: talent agency, radio station ownership, office design, and furnishing and stock brokerage.
  • Integrated PCs throughout all divisions.
Focus areas: Financial Systems, Mergers & Acquisitions (M&A), Cash Flow Forecasting, Budgeting, Financial Planning & Analysis (FP&A)

Corporate Planning Analyst

1979 - 1981
American Broadcasting Companies, Inc. (ABC)
  • Reviewed and analyzed broadcast operations, engineering, and company-wide capital equipment budgets (over $450 million per year).
Focus areas: Budgeting, Financial Planning & Analysis (FP&A)
1978 - 1981

MBA Degree in Strategic Planning and Finance

New York University - New York, NY, USA

1974 - 1978

Bachelor's Degree in Economics and Accounting

Rutgers College - New Brunswick, NJ, USA

Finance

Individual Tax, Fundraising, Debt Restructuring, Debtor & Creditor Management, Venture Funding, Recapitalization, Due Diligence, Financial Planning & Analysis (FP&A), CFO, Mergers & Acquisitions (M&A), Angel/Seed Funding, Budgeting, Cash Flow Forecasting, Financial Systems, Forecasting, Capital Structuring

Output Software

Quicken, Microsoft Excel

Data & Analysis Software

Intuit QuickBooks

Industry Expertise

Entertainment & Leisure, Aviation Consulting, Nonprofits, Pharmaceuticals, Agriculture

Geographic Expertise

United States

Other

Chart of Accounts, Curling, Bankruptcy & Insolvency, Waterfall Modeling, Medical Devices, Crisis Management, SaaS, Biotechnology, Enterprise SaaS, eCommerce Accounting, Excel Modeling, Budget Modeling, Virtual Reality (VR), Broadcasting, eCommerce, Interim Finance Directors, Interim Finance Director, Corporate Tax Planning, Internet of Things (IoT), Manufacturing, Strategy, Reporting, Close Procedures, Dashboards, Analytics, Key Performance Metrics, Board Presentations, Capitalization Optimization, Pivot Tables

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