Michael Rosato
Financial Analyst at Ecosense Lighting- Claim this Profile
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Bio
LinkedIn User
I worked with Michael at Southern California Edison and witnessed his advanced financial acumen, analysis, decision making, and people skills daily. Tangible results of Michael's work were evident in improved business processes, cross-functional collaboration, accurate forecasting, and achieving corporate goals. In addition to his technical skills, he is also a pleasure to be around. Michael always has a positive attitude, a professional demeanor, and a high-quality work ethic. He's an intelligent and positive contributor and would be an asset to any company.
LinkedIn User
I worked with Michael at Southern California Edison and witnessed his advanced financial acumen, analysis, decision making, and people skills daily. Tangible results of Michael's work were evident in improved business processes, cross-functional collaboration, accurate forecasting, and achieving corporate goals. In addition to his technical skills, he is also a pleasure to be around. Michael always has a positive attitude, a professional demeanor, and a high-quality work ethic. He's an intelligent and positive contributor and would be an asset to any company.
LinkedIn User
I worked with Michael at Southern California Edison and witnessed his advanced financial acumen, analysis, decision making, and people skills daily. Tangible results of Michael's work were evident in improved business processes, cross-functional collaboration, accurate forecasting, and achieving corporate goals. In addition to his technical skills, he is also a pleasure to be around. Michael always has a positive attitude, a professional demeanor, and a high-quality work ethic. He's an intelligent and positive contributor and would be an asset to any company.
LinkedIn User
I worked with Michael at Southern California Edison and witnessed his advanced financial acumen, analysis, decision making, and people skills daily. Tangible results of Michael's work were evident in improved business processes, cross-functional collaboration, accurate forecasting, and achieving corporate goals. In addition to his technical skills, he is also a pleasure to be around. Michael always has a positive attitude, a professional demeanor, and a high-quality work ethic. He's an intelligent and positive contributor and would be an asset to any company.
Experience
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Ecosense, a Korrus Company
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United States
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Appliances, Electrical, and Electronics Manufacturing
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1 - 100 Employee
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Financial Analyst
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Apr 2019 - Present
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Southern California Edison (SCE)
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United States
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Utilities
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700 & Above Employee
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Principal Financial Analyst
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Feb 2017 - Mar 2018
As the Principal Financial Analyst, I led business forecasting, financial data compilation, issued financial statements, and created Corporate Goal Reports (monthly, annual, quarterly) for the executive team and Board of Directors.I removed discrepancies and duplicate information from monthly goals reporting routines. Also, in my capacity, I promoted issue/problems resolution and knowledge sharing with employees on regulatory and system operations and requirements.I developed “driver trees” which resulted in enhanced organization-wide metric reporting and paved the way for better-informed decision-making processes. Highlights:# Achieved higher reliability and simplification of financial processes prior to a reduction in TAT# Led the corporate goal development and reporting process for a $12B operation Show less
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Principal Financial Analyst
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Apr 2013 - Feb 2017
During my tenure with SCE, I delivered inputs to capital resources decision making, developed business cases, and prepared cost/benefit analyses. I handled projects with budgets to the tune of $100M in conjunction with other business partners. My expertise in process establishment and enhancement led me towards achieving lower TAT, improved capital reporting process and accuracy while promoting cost savings. This was attained by maintaining a strong immersion in end-to-end process reviews and proactive operational expense reduction.Moreover, I executed numerous self-audits to target specific and high-risk processes or functions, conducted precise forecasts and employed forecasting tools across business units. I was the Lead Analyst for SCE Bargaining Team, delivering leadership to analytics operations for UWUA and IBEW negotiations with the Union representatives of 4000+ employees.Highlights: # Reduced costs by 10-15%# Incorporated four diverse funding sources and a combined annual value of $300M+ # Spearheaded monthly capital reporting development for an organizational unit with annual capital spend exceeding $3B against budgets Show less
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Senior Financial Analyst
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May 2008 - Apr 2013
As a Senior Financial Analyst for Southern California Edison, I was tasked with financial performance management, financial oversight establishment, annual budgeting, forecasting analyses, Financial Modelling, and process ideation and implementation. I was involved in ensuring the attainment of financial quotas for under-performing departments, identifying key areas and funding sources to prioritize finances for limited resources.I served as a central point for reporting and analytics, as an advocate for proper analytics use in budgeting, finances, and forecasting, deploying financial models for long-lived assets. Moreover, I was able to cut costs significantly by leading contracted services replacement and contract grouping to get best prices and leading resource utilization and accuracy enhancement in accounting practices.Also, my role demanded of me to implement company-wide reporting standards and developing SAP based account setup and cost flow processes in collaboration with the internal audit team. Throughout my endeavors, I ensured compliance with Sarbanes-Oxley (SOX), California Air Resources Board (CARB), and California Public Utilities Commission (CPUC) regulations Show less
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Raytheon
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United States
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Defense and Space Manufacturing
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700 & Above Employee
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Principal Cost Accountant
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Jun 2000 - May 2008
Starting my career as a Principal Cost Accountant, I worked towards the establishment of the company’s new Accounting Department involving streamlining work allocation and management. In this role, I was accountable for implementing new processes and accounting procedures along with managing Financials, Programs conversions, and implementation strategies. An active contributor to SAP implementation Core team for three years and Six Sigma Project manager, I was able to acquire USD 10 Mn+ cost savings for the firm. Also, I studied financial information, liaised with auditors for financial statement audits and trained 300+ personnel on internal policies and general accounting. Notably, I created proposals for defense contracts and completed a two-year Raytheon Financial Leadership Development Program. Show less
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Education
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University of La Verne
Master of Business Administration - MBA, Management and Leadership -
Villanova University
Bachelor of Science - BS, Finance, General -
Villanova University
Bachelor of Science - BS, Finance