Mike Spinato

Mike Spinato Email and Phone Number

Strategically-focused fractional CFO @ Sherpa Collaborative
Mike Spinato's Location
Raleigh-Durham-Chapel Hill Area, United States, United States
Mike Spinato's Contact Details

Mike Spinato work email

Mike Spinato personal email

About Mike Spinato

Finance professional with extensive experience in corporate finance, strategic finance and financial planning and analysis. Innovative problem solver who utilizes financial acumen to influence executive decisions, lead successful projects and improve organizational performance. Self-starter adept at managing competing priorities while meeting tight deadlines. Additional core competencies: • Strategic planning and analysis• Complex financial modeling• Mergers and acquisitions• Team building and coaching• Excellent communication and presence• Process development / optimization

Mike Spinato's Current Company Details
Sherpa Collaborative

Sherpa Collaborative

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Strategically-focused fractional CFO
Mike Spinato Work Experience Details
  • Sherpa Collaborative
    Consultant
    Sherpa Collaborative Jan 2023 - Present
    Raleigh, Nc, Us
  • Triangle Insights Group
    Senior Director Finance
    Triangle Insights Group Sep 2021 - Nov 2022
    Durham, North Carolina, Us
  • Humacyte
    Senior Director Of Strategic Finance
    Humacyte Apr 2021 - Aug 2021
    Durham, Nc, Us
  • Humacyte
    Director Of Strategic Finance
    Humacyte Mar 2019 - Apr 2021
    Durham, Nc, Us
  • The Clorox Company
    Sr. Manager - Professional Products Division
    The Clorox Company Nov 2016 - Sep 2018
    Oakland, Ca, Us
    Orchestrated close, forecast and gap management processes for $350M business unit. Oversaw internal controls, Treasury, and procure-to-pay activities. Developed and maintained high-performing team of engaged owners.• Owned all aspects of close and forecast, maintaining proper financial controls and ensuring accurate financial data. Presented results to leadership team, identifying risks and providing actionable recommendations to meet or surpass targets.• Fostered positive tension by challenging assumptions and methodologies. Educated business partners on financial drivers and objectives, helping to promote financial stewardship across the organization.• Co-led divestiture of underperforming business unit. Analyzed working capital and identified double-counting of several payroll liabilities, allowing Clorox to retain 5%+ of purchase price.• Managed project to move existing reports into Tableau. Utilized “proof of concept” to generate support and excitement for this new tool / capability. Shared learnings and produced roadmap for next phase of projects.• Collaborated with cross-functional leaders and Internal Audit to enhance internal controls. Addressed existing deficiencies and leveraged findings across other parts of the division.• Drove increased focus on forecast accuracy, achieving year-over-year improvement despite volume volatility. Pushed for sustainable process improvements (100+ hours / year time savings) and pursued value creation projects ($2M+ / year) to eliminate non-value-added activities and boost results.• Directed successful integration of all accounting and financial reporting activities for strategic partnerships.• Supervised team of 4-6 (2 direct reports). Optimized team to retain and promote top performers.
  • Mckesson
    Finance Director - Mckesson Data & Analytics (Mdna)
    Mckesson 2015 - 2016
    Irving, Texas, Us
    Guided internal start-up in strategic Chief Financial Officer-type role. Set up financial structure, processes and controls; dialogued with McKesson executives to secure support for major decisions. Managed complex inter- and intra-company transactions and relationships. Advised on mDNA roadmap including the prioritization of investments and engagements with internal business partners.• Led monthly close and forecast, annual budget and long range planning processes. Provided regular updates to mDNA leadership emphasizing variances, trends and drivers.• Partnered with project leads and business unit Finance to establish proper scoping, tracking and reporting of value for data and analytics use case services throughout the mDNA solution lifecycle.• Identified options for next fiscal year's budget when company-wide administrative cost review resulted in mandate for 50%+ reduction in planned mDNA spend.• Presented executives with breakeven analysis of scenarios under which an international mDNA headquarters would create tax advantages. Liaised with Tax, Legal and Technical Accounting to ensure that recommendations maximized benefits while complying with internal policies and external regulations.
  • Mckesson
    Finance Director - Mckesson Corporate - Strategic Finance | M&A | Competitive Analysis
    Mckesson 2011 - 2015
    Irving, Texas, Us
    Acted as Corporate Finance lead or co-lead on more than 20 acquisitions and divestitures representing $12B+ in deployed capital. Promoted following $2.1B acquisition of PSS World Medical. Supported Chief Financial Officer and other executives by leading strategic projects and providing analysis of competitive landscape.• Performed ad hoc financial analyses and presented recommendations to senior management; topics included share repurchases versus alternate capital deployment options, strategic alternatives for an underperforming business unit and the potential switch to adjusted earnings per share.• Established a hurdle rate framework for prospective acquisition targets to promote investment returns above the weighted average cost of capital. Achieved corporate goals by rationalizing investment criteria and protecting scarce capital; accepted by business units due to objective nature of process.• Implemented corporate portfolio management discipline based on return on invested capital, thereby enhancing investment prioritization and steering capital toward higher-yielding initiatives / business units.• Produced quarterly report package that compared McKesson's performance versus competitors and summarized key industry trends.• Counseled business units on acquisition and divestiture opportunities with a focus on valuation as well as key drivers, risks and opportunities, strategic rationale / competitive positioning and return on investment.• Analyzed sources and uses of funds to ensure availability to execute acquisitions while maintaining target capital structure and liquidity thresholds.
  • Mckesson
    Finance Manager - Mckesson Specialty Health - Fp&A | Treasury | Profitability
    Mckesson 2006 - 2011
    Irving, Texas, Us
    Tackled projects and improved processes for organization during period of rapid growth and change. Promoted from Senior Financial Analyst for ability to execute against complex deliverables under tight deadlines.• Directed initiative that produced proprietary insight into customers' wallet share and compliance. Provided analysis and strategic guidance on utilization of resulting data for new customer loyalty program.• Drove effort to set up and deploy tools for profitability reporting and analytics; primary application was improved decisions in the areas of pricing, customer / vendor relationships and profit leaks.• Developed a comprehensive model to forecast daily cash position 30 days out, incorporating data from multiple source systems. Optimized cash management by highlighting potential shortfalls and partnering with management to identify workarounds.• Represented Finance on cross-functional team that oversaw transition from drop ship model to ownership and management of $100M+ in inventory; responsibilities included project management, inventory planning, PO approval and inventory reconciliation.• Headed execution of $300M credit facility, switch to new banking institution and the integration of Treasury / cash management functions following an acquisition.
  • American Technology Research, Inc.
    Associate Research Analyst
    American Technology Research, Inc. 2004 - 2005
    Greewich, Ct, Us
    Equity research for institutional investors
  • Wachovia Corp
    Financial Analyst
    Wachovia Corp 2002 - 2003
    Charlotte, North Carolina, Us
    Real estate investment banking

Mike Spinato Skills

Financial Modeling Financial Analysis Mergers And Acquisitions Forecasting Finance Strategy Cross Functional Team Leadership Competitive Analysis Management Business Analysis Business Process Improvement Strategic Planning Healthcare Process Improvement Leadership Analysis Analytics Valuation

Mike Spinato Education Details

  • William & Mary
    William & Mary
    Business Administration (Finance)

Frequently Asked Questions about Mike Spinato

What company does Mike Spinato work for?

Mike Spinato works for Sherpa Collaborative

What is Mike Spinato's role at the current company?

Mike Spinato's current role is Strategically-focused fractional CFO.

What is Mike Spinato's email address?

Mike Spinato's email address is me****@****hoo.com

What schools did Mike Spinato attend?

Mike Spinato attended William & Mary.

What skills is Mike Spinato known for?

Mike Spinato has skills like Financial Modeling, Financial Analysis, Mergers And Acquisitions, Forecasting, Finance, Strategy, Cross Functional Team Leadership, Competitive Analysis, Management, Business Analysis, Business Process Improvement, Strategic Planning.

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