Christopher W. Nitto, CPA

Christopher W. Nitto, CPA

Fleet Service Coordinator

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location of Christopher W. Nitto, CPACharlotte, North Carolina, United States

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  • Timeline

  • About me

    Lead Forecast Analyst at Duke Energy Corporation

  • Education

    • Ithaca College

      2006 - 2010
      Bachelor of Science Accounting

      Activities and Societies: Sigma Iota Epsilion

    • Winthrop University

      2010 - 2011
      Master of Business Administration (M.B.A.) Accounting
  • Experience

    • BMW of North America, LLC

      May 2006 - Jan 2012
      Fleet Service Coordinator

      - Coordinated maintenance for a 126 car, 7.5 million dollar fleet - Supervised car usage and part reorder points for upcoming programs - Saved or avoided over 25,000 dollars worth of parts and/or service costs in 4 months - Arranged driving courses for teen/adult car control clinics, advanced racing schools, and corporate events - Participated in a Six Sigma CIP and implemented a lean strategy across multiple departments

    • Duke Energy Corporation

      Feb 2012 - now

      • Modeled Energy Efficiency revenue and expense projections for Income Statement reporting purposes• Heavily involved in the EE regulatory compliance and reporting process for all Duke territories• Partnered with senior EE leadership to develop new ways to identify and research product profit anomalies• Supported 8 department’s budget and projection planning for 2015 and 2016• Ability to identify actual vs projection inconsistencies relating to EE to enhance the most effective O&M spend • Effective at communicating relevant financial information based on complex EE revenue calculations, O&M cost reports and department financial planning to senior EE leadership Show less - Coordinated over 200 requests from state and federal regulatory bodies for Duke Carolinas’ 2013 rate case- Wrote and tested system test scripts in HP Quality Center for asset management software integration- Integrated Progress Energy PP&E and Nuclear Decommissioning Trust reporting process creating efficiencies and increasing throughput- Modeled Nuclear Decommissioning funding levels in support of Duke Carolinas' Cost and Funding Study - Collaborated with investment trustees to determine proper leveling of FAS 115 and 157 investments - Explained Duke Carolinas’ monthly balance sheet variances to senior management - Prepared PP&E financial statements to satisfy GAAP and FERC reporting requirements for Progress Energy and Duke Energy Show less - Participated in the Accounting Development Rotational Program - Prepared quarterly FERC filings for Duke Energy’s Midwest and Carolinas jurisdictions - Streamlined financial statement preparation procedures - Drafted Duke Energy’s Nuclear Decommissioning Trust Fund FAS 115 and 157 disclosures - Prepared property accounting GAAP reporting and financial statement variance analysis - Supported Duke Carolinas’ Depreciation Study including asset management implementation - Corresponded with external consultants to properly evaluate asset and reserve balances for Duke Carolinas Show less

      • Lead Forecast Analyst

        Apr 2021 - now
      • Senior Forecast Analyst

        Dec 2016 - Apr 2021
      • Financial Analyst II

        Oct 2014 - Nov 2016
      • Accounting Analyst

        Jan 2013 - Oct 2014
      • Finance Associate

        Feb 2012 - Dec 2012
  • Licenses & Certifications

    • Certified Public Accountant

      NC State Board of CPA Examiners
      Mar 2016