E-mail rossdross@yahoo.com
Personal Website: BetterBizBooks.com
Present:
OBJECTIVE I want to add value in an organization looking
for an energetic, creative and accomplished financial analyst who quickly sees
the “big picture” in respective industries.
I believe I offer a dynamic communication style, superior motivation and
time management skills, as well as decision-making abilities.
EDUCATION
1996-1998 RICE UNIVERSITY,
Master of Business Administration, May
1998.
Concentrations: Finance and Marketing.
Activities: Member,
Finance & Management Consulting club.
Honors:
1994-1996 UNIVERSITY OF
Bachelor of Science, Accounting, May
1996.
Activities: Member,
Finance Management Association;
V.P. Education, V.P. Membership, Institute
of Management Accountants
1995-96); Member, Accounting Honor Society.
EXPERIENCE
Jan. 2003 – Landsafe Inc. a Countrywide Financial Coporation,
Present Financial
Analyst II
·
Extensive
financial modeling and forecasting. Ie. Budget
preparation, productivity analysis, cost accounting, financial reporting.
·
Lead contact for
financial issues within LandSafe Appraisal.
·
Cost/Productivity
analysis resulted in multi-million savings for corporation on a full year basis
(approx 4%-5% increase in NIBT). This
thought process was implemented across 30% of the company’s business and led to
strategic decisions being considered.
·
Different
cost/productivity analysis revealed multi-million room
for savings due to staffing, productivity and profitability in another segment
of the business.
·
Implemented new
methodology for budgeting emerging part of the business. This led to greater insights into what was
driving the business and where segment growth was occurring. Allowed us to ask questions about the
business drivers and identify outliers that wouldn’t have been noticed before.
Sept. 1999 – Sanders Morris Harris,
April 2001 Sr.
Financial Analyst - Telecommunications.
·
Extensive
financial modeling/forecasting including forecasting cash flows, balance sheet
and P&L statements.
·
First to mention
SAB 101 Accounting Rule and implications to CLEC industry in March of
FY00.
·
Initiated
coverage within the telecommunications service industry on selected CLECs
(competitive local exchange carriers) and SBC Communications.
·
First to mention
structural issues at the firm that led to inefficient resource allocation. This resulted in a
reorganization and what partly led me to part with the firm.
·
First to be
cautious about SBC Communications (January
’01 – I can provide a copy of the report) and valuation concerns due to my
belief that DSL deployment costs would be higher than projected and that there
was a high likelihood of a potential slowdown in the wireless industry due to a
slowing economy. I believed, and still
do, that the RBOCs will continue to penetrate the long distance industry due to
lobbying efforts.
·
Provided clients
with value-added information about technology cycle and implications of capital
crunch. (Telecom Services à Telecom Equipment à Semiconductor) This
resulted in specialized timely updates to clients who then placed appropriate
trades to better position their portfolios.
·
Continually
improved my communications skills as I needed to interact regularly with
clients and the internal sales force to help answer questions and facilitate
upcoming news.
·
Net Profits
exceeded my cost basis by five times my salary.
·
Used my extensive
network to find out “big picture” issues in telecommunications industry and was
early on to communicate about pending financial problems in the
telecommunications equipment industry. References can be provided.
·
Met with publicly
and privately held companies to assess their capital requirements and needs.
March 1999 –
Southwest Securities, Inc.
Sept. 1999
Financial Analyst -
Telecommunications.
·
Extensive
financial modeling including forecasting cash flows, balance sheet and P&L
statements.
·
Initiated
coverage of three companies in three months focusing on proliferation of
wireless worldwide and an increase in teledensity throughout the world (# of
phone lines per 100 people). Two
companies experienced appreciable price appreciation.
·
Average net
return approximated 25% over time in position.
·
Met with publicly
and privately held companies to assess their capital requirements and needs.
June 1998 -
Southwest Securities, Inc.,
March
1999 Jr.
Financial Analyst - Semiconductors.
·
Assisted senior
equity research analysts in conducting industry and company research, performed
financial projections and prepared initial coverage reports along with morning
notes published on First Call for companies in semiconductor industry.
·
Conducted
searches for private companies to help facilitate private financing and
corporate finance efforts.
·
Established a
contact list to facilitate better interaction with institutional clients and
coverage list. This lead to a 3x
increase in sales revenue.
Summer 1997 Norsig & Associates, Inc.,
Intern, Research Analyst.
·
Examined the
wireless segment of the telecommunications industry and various technologies of
the segment.
·
Prepared financial
model for a wireless company utilizing subscriber growth, country populations,
cellular penetration rates, royalty estimates, product margins, and other
factors.
·
Analyzed the ADSL
(Asynchronous Digital Subscriber Line) segment of the telecommunications
industry and reviewed five firms. Each
company was evaluated based on numerous criteria.
·
Established entry
and exit prices as well as stop losses for particular investments. Companies mentioned included Orckit Communications, Amati
Technologies, Globespan, Qualcomm and Texas
Instruments. Each company generated
returns of over 200% after I left.
Spring 1996 Merrill Lynch,
Intern, Sales Group.
·
Obtained new
clients through public databases.
·
Performed equity research
/ mutual fund research for client investment.
·
Analyzed 25
stocks per week using trend and technical analysis.
·
Designed
portfolio which beat S&P 500 by 50% in four months.
1994-1995 Nortel Networks,
Jr. Accountant, Cost
Accounting & Joint Venture Accounting.
·
Analyzed $3
million annually of warranty costs to determine product quality and timely
financial reporting.
·
Analyzed work in
process inventory identifying slow-moving inventory primarily for variance
analysis purposes.
·
Allocated costs
to departments - useful for performance evaluations.
Summer Nortel Networks,
1992 & 1993 Cooperative Intern, Engineer’s
Assistant.
·
Aided senior
technicians in the operation of digital switches.
·
Assisted
customers in First Application System Tests - test runs of software
applications on digital switches to forsee any
problems.
OTHER
Computer Skills: MS Access, MS Excel, MS Word,
MS PowerPoint, MS Front Page. I worked
on Oracle general ledger many years ago and quickly learn proprietary systems
(Stock Valuation and Accounting).
Hobbies: Weightlifting, skiing, reading (business and sociology
/ pop culture primarily – my website, BetterBizBooks.com
mentions some of the books I feel could be of value to others and has a link
with my economic analysis of the consumer in the U.S. )