Summary
Overview
Work History
Education
Skills
Timeline
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Melissa Lynne Grossman

Lake Wylie,South Carolina

Summary

Strategic-minded Senior Financial Analyst bringing over 10 years of experience in financial landscape. Well-versed in variance analysis and forecasting, skilled in collecting, monitoring and studying data to analyze financial status and recommend business strategy. Experienced in qualitative and quantitative analysis, sales forecasting aligning sales goals with overall goals of revenue growth for the firm and forecasting. Tech-savvy in use of spreadsheets, accounting and financial management software. Detail-oriented team player with strong organizational skills. Ability to handle multiple projects simultaneously with a high degree of accuracy.

Overview

17
17
years of professional experience

Work History

Senior Financial Analyst

LogicManager
10.2022 - 08.2023
  • Implemented NetSuite Planning & Budgeting software for forecasting and budgeting to assist with short range and long-range rolling forecasts to allow for extensive top down and bottoms up budgeting at the vendor level
  • Utilizing a rolling forecast enables us to forecast accurately and frequently as the business changes for continuous planning
  • Managed the firm’s P&L at the cost center and vendor levels to provide budget versus actual analysis on where we can improve to drive business results and providing dynamic performance assessments
  • Partnered with the various departments (revenue operations, product management, marketing, customer success, sales) to develop budgets and gather data for metrics to drive strategic initiatives to improve the firm’s performance
  • Used the 3-statement model and my advanced excel skills to create dynamic models of the balance sheet, income statement and cash flow statement to project multiple scenarios of a 3-year forecast
  • Ensured all assumptions were well documented and supported to present to the management team
  • Developed meaningful weekly, monthly, and quarterly management reporting packages for the firm's metrics & KPIs the financial performance of the company and the assessment of the forecasts and recommendations going forward
  • Analyzed the firm’s financial statements to conduct variance analysis of budget vs actuals to spot weaknesses by analyzing trends & anomalies to have an accurate financial picture of the firms’ finances
  • Managed cash flow by analyzing revenue and expenses monthly to make suggestions on how to improve cash flow performance
  • Tracked and maintained annual recurring revenue to have an accurate picture of revenue for cash flow reporting, analysis and decision making
  • Analyzed customer behavior to identify and forecast upcoming churn
  • Using Salesforce, I analyzed the sales cycle data to develop a model to assist in forecasting new revenue from sales data to drive the financial decisions of the firm
  • Utilized historical sales data, to assist the process of setting sales goals/targets for the coming year to give the sales team thoughtful and supported targets/goals
  • Assisted in the month end close of accounting data for month end reporting using the NetSuite accounting system and Microsoft BI for reporting purposes
  • Analyzed the teams’ manual processes and identified the areas of most risk and put controls in place to mitigate the risk while developing a plan to replace manual processes with automation using VBA code and macros.

Senior Business Manager/Senior Finance Analyst

Guggenheim Investments/MUFG Investor Services, GI
09.2015 - 10.2022
  • Promoted to this role)
  • Mentored & trained newer associates on the team to help them understand the processes and roles of the teams we supported
  • Completed multiple 40 act fund product launches and mergers for our clients
  • Created plans for successful launches that minimize risk to the firm
  • Identifying EUCs that need to be created/changed and ensuring those are documented appropriately
  • Maintained the integrity and valuation of new funds by ensuring that trial balances tie and prices were reported accurately
  • Liaised and faced off with clients to present the monthly performance deck on the status/performance of their products and the service provided by the service company
  • Products are centered around 40 act funds
  • Improved operational efficiencies by analyzing processes and improving processes using VBA code
  • Most recently took a task that was taking minimum 20 hours a month to complete and by using VBA code to complete the task in 25 minutes
  • Using my technical excel skills and strategic thinking to streamline technology systems/projects, develop new business and improve efficiency across the organization
  • Routinely perform analyses, prepare presentations and material for quarterly board meetings, develop plans to satisfy any action items that arise from the board meetings
  • Actively analyze all aspects of the business by performing analyses related to fees, budget, products, volume, assets, tracking trends and compiling metrics to tell a story of the business
  • Preparing decks to summarize the findings to senior management
  • Work with internal and external audit to ensure MUFG is compliant in the industry (SOC-1, AS18, 15c Reporting) and implementing actions plans to ensure any deficiencies are satisfied
  • Project Manager for many projects and initiatives for MUFG
  • Successful track record of working with subject matter experts to identify issues, how to get the work done and blockers that would hinder the projects and how to overcome while also reducing risk for the firm
  • Compiled a team and developed a plan to lead the transfer of work of tax operations from the GI Chicago office to the MUFG Rockville office
  • Responsible for leading a variety of risk-related projects and initiatives, business continuity planning, and many large firm-wide projects across MUFG Investor Services
  • Use advanced excel and VBA skills to complete analyses of large volumes of data, improve processes by creating macros to efficiently perform tasks and use PowerPoint to prepare presentations for senior management with that data
  • Used my passion for my work and colleagues to launch a companywide culture campaign in 2020
  • This was done outside of my day-to-day job and I as recognized as the MUFG Center of Excellence Award winner for 2021.

Senior Investment Valuation Analyst

Guggenheim Investments
05.2013 - 09.2015
  • To this role)
  • Lead the setup, testing, and integration of new closed end funds, with up to $500M in net assets, onto the accounting system
  • Verified positions and wires for our Swap and Futures contracts, calculate and generate daily future and swap MTM's
  • Assist the Rockville trading team reconcile their positions with the custodian and trade economics with the brokers
  • Trained new associates on daily accounting tasks, re-enforcing best practices and proper accounting principles
  • Help associates daily with excel, accounting, and valuation problems
  • Calculated and verified daily NAVs for Guggenheim/Rydex fixed income funds
  • The funds hold a wide range of equity and fixed income securities such as high-yield and investment grade corporate bonds, municipals, treasuries, bank term loans, and other securities such as derivatives, and preferred stocks
  • Verified the prices of all fixed income securities and validated any significant price movements
  • Completed a daily custody check of our fixed income funds and book and reconcile any differences in cash, shares, paydowns, coupon rates, maturities, etc
  • Reconciled the general ledger for the Guggenheim mutual funds
  • Analyzed that the performance of the Guggenheim mutual funds are in line with market fluctuations that day based on the securities held or the indexes they track to
  • Provided documentation to auditors to complete yearly audit cycle for each mutual fund.

Processing Team Leader

Morgan Stanley
01.2012 - 05.2013
  • Promoted to Team Lead)
  • Developed and maintained external client relationships while liaising with and supporting internal Fixed Income Sales Traders across all Fixed Income listed products
  • Provided excellent client service to external clients and exceeded their expectations by resolving and following up on issues in a timely and efficient manner
  • Responsible for the timely and accurate settlement of Fixed Income products; across North American, South American, European, African, and Asian markets
  • Resolved, researched, and verified trading breaks from discrepancies dealing with security information, trading date and settlement date, executed quantity, prices, and settlement locations
  • Used multiple research tools and systems including Bloomberg to research discrepancies, bond descriptions and accrued interest changes to resolve settlement issues
  • Managed a team of 5 individuals to ensure the team meets all deadlines and risk management deliverables
  • Developed and managed a project to bring an unsatisfactory audit point to a satisfactory audit point and continually manages the project to maintain a satisfactory audit status
  • Active member of the recruiting committee, women’s leadership committee and morale committee.

Operations Specialist

Morgan Stanley
01.2011 - 01.2012
  • Performed all aspects of running the Global OTC derivative settlements business outside of the day-to-day functions
  • Worked to understand the larger picture of the business and how the daily functions of the team affect the bottom line
  • This includes analyzing budget numbers, finding inefficiencies and incorrect allocations to decrease the budget
  • Analyzed headcount, allocating time and costs to daily activities, and evaluating training needs and gaps in expertise through the use of tools such as depth charts
  • Maintained and tracked Policies and Procedures, SOX controls, Business Continuity Plans, and Entitlements and Segregation of Duties Reviews
  • Evaluated information gathered from multiple sources, reconcile variances, decomposed high-level information into details, abstracted up from low-level information to a more general understanding and convey into high-level presentations for management and key stakeholders
  • Worked with a vast array of information from solicitation to analysis and to cope with rapidly changing information, able to manage multiple tasks and multiple clients, ability to work independently and be highly organized
  • Demonstrated written and verbal communication skills to build cross-divisional relationships; gained support from key stakeholders to accomplish projects while having the ability to operate independently and influence via informal networks.

LINK Senior Associate

T. Rowe Price
07.2008 - 12.2010
  • Accepted into the LINK program which consisted of rotating through 3 groups (trade support, corporate actions, portfolio accounting) within Investments Operations to build leadership skills and cross functional knowledge
  • Identified, evaluated, communicated and recorded corporate action information for all investments managed and/or sponsored by T
  • Rowe Price- (Corporate actions)
  • Performed accounting and recordkeeping functions for all portfolios managed by T
  • Rowe Price other than the T
  • Rowe Price Funds- (Portfolio Accounting)
  • Supported post-execution processes for equity and fixed income products for the Baltimore, London, and Hong Kong trading desks which includes liaising with brokers, trade confirmation and accuracy of settlement instructions (trade support)
  • Established good working relationships with internal and external clients (Trade Support).

Mutual Fund Accountant

01.2007 - 07.2008
  • Completed the daily accounting and record keeping for three mutual funds, which includes daily cash reporting and management
  • Reconciled and reports the accounting records for three funds on a monthly basis
  • Verified that all financial information is properly reflected so that an accurate net asset value can be computed for each mutual fund
  • Worked with various groups inside of T
  • Rowe Price to obtain the necessary decision regarding the mutual funds
  • Ensured that all deadlines are met by multitasking, prioritizing and delegating
  • Trained new associates on the fund accountant roles.

Education

B.S - Business Administration, Finance

Towson University
Towson, MD

Skills

  • Planful
  • Acumatica/Velixio
  • NetSuite
  • NetSuite Planning and Budgeting
  • MS Office Suite
  • Google Sheets
  • Advanced Excel Skills including VBA Coding/Macros, Pivot Tables
  • Bloomberg
  • FIS/InvestOne
  • Data Research and Analysis
  • KPI Monitoring
  • Expense and Revenue Analysis
  • Preparing Models
  • Planning and Analysis
  • Annual Budgets
  • Budget Forecasting
  • Financial Modeling
  • Forecasting Trends
  • Financial and Operational Reporting
  • Budgeting and Variance Analysis
  • Strategic Financial Planning

Timeline

Senior Financial Analyst

LogicManager
10.2022 - 08.2023

Senior Business Manager/Senior Finance Analyst

Guggenheim Investments/MUFG Investor Services, GI
09.2015 - 10.2022

Senior Investment Valuation Analyst

Guggenheim Investments
05.2013 - 09.2015

Processing Team Leader

Morgan Stanley
01.2012 - 05.2013

Operations Specialist

Morgan Stanley
01.2011 - 01.2012

LINK Senior Associate

T. Rowe Price
07.2008 - 12.2010

Mutual Fund Accountant

01.2007 - 07.2008

B.S - Business Administration, Finance

Towson University

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Melissa Lynne Grossman