After Mr. Mastin’s work on the House Committee on Small Business he worked with U.S. Sen. Jim Talent on his gubernatorial campaign. Mr. Mastin’s financial expertise was quickly used to develop a $10B bond issue to help improve Missouri’s roads. The bond issue was structured in such a way that it would not require a tax increase; a strong selling point to hardworking Missouri families. Further, Mr. Mastin helped prepare a plan to restore fairness to the state’s educational financial funding formula, commonly called the states foundation formula, by giving growing school districts their share of tax revenue. Sen. Talent was unsuccessful in his bid for office; however, Mr. Mastin’s groundbreaking ideas are now beginning to take root in Missouri today.
Mr. Mastin moved on to work for a pharmaceutical reverse distributor; rising quickly to become one of the company’s strongest and most productive financial managers’ in corporate history. Mr. Mastin was able to save the small company thousands of dollars and increase revenue simultaneously.
Upon leaving the pharmaceutical industry, Mr. Mastin began employment with, at the time, a small software company with annual revenues of $5M. Mr. Mastin helped install accounting controls and procedures, review and post a back log of entries, assisted with such important tasks as financial statement preparation, discussions on the financial performance of the company, and overall controllership. Further, Mr. Mastin assisted in global treasury management and establishing other business ventures including brick and mortar retail locations, acquisitions, and various agreements for the business. Unfortunately, this software company whose annual sales increased to $40M, with the assistance of Mr. Mastin, was forced to close due to unforeseen market conditions. Mr. Mastin assisted the C.E.O. in keeping the company running for as long as possible to allow for the winding up it’s affairs in a timely and fair manner.Â
Mr. Mastin then began working for a small venture capital firm in St. Louis, MO. The firm specialized in forming and assisting small to medium sized business with investment capital, financial statement analysis, general business consulting and marketing. This firm’s principal’s founded Advanced Lipo Dissolve Center, the leading provider of lipo therapy in the nation at the time. Mr. Mastin assisted in various capacities that involved such complex matters as tax and risk entity structure and planning, accounting systems deployment, created in house financing and credit programs, and other various matters. During his tenure at Advanced Lipo Dissolve Center Mr. Mastin was involved in all financial aspects of the business from its embryonic growth to operating 13 brick and motor locations in 7 states with annual sales approaching $100M.
Mr. Mastin is now the Vice President & Chief Financial Officer of Provident, Inc. a St. Louis, MO based not for profit charity with an annual budget of $7M. Mr. Mastin is responsible for all tax, audit, financial reporting, information technology, and human resource management for the firm.
Mr. Mastin has been recognized with a Missouri House of Representatives resolution as one of the youngest and most talented Controllers in the nation. Mr. Mastin is a graduate of Fontbonne University, St. Louis, MO.
