ANDREW YU, CPA, CGMA
Redwood City,CA
Summary
Results-driven accounting professional with over 20 years of expertise in financial management and technical accounting, specializing in system implementations, transformation projects, and project management. Proven track record include the successful implementation of SAP S/4HANA and an automated Gross-to-Net solution for a $27 billion company, as well as generating annual savings of $500 million through strategic initiatives. Demonstrated ability to streamline processes, notably reducing departmental month-end close from 2.5 days to just 4 hours. Committed to leveraging extensive experience to drive operational efficiency and enhance financial performance.
Overview
21
21
years of professional experience
1
1
Certification
Work History
Founder & CEO
Cynergy Ventures Inc.
Redwood City, CA
03.2024 - Current
- Collaborated with a separate Founder to operationalize a new eCommerce platform in 8 months.
- Successfully implemented and integrated accounting infrastructure into daily operations using Xero.
- Provided financial business advisory services throughout implementation.
Associate Director - Revenue Accounting
Gilead Sciences Inc
Foster City, CA
12.2021 - 03.2024
- Managed the transformation and innovation finance project for a $27B biotechnology company.
- Responsibilities included: project management, technical accounting, global cross-functional collaboration, IT, engagement leader with the consulting firm, and supervised team.
- Led the technical transformation project moving from Hyperion to Breakaway for close cycle transformation.
- Headed the change management for the revenue accounting integration into the SAP S/4HANA.
- Ensured SOX-compliant control execution.
- Served as the engagement point person working closely with Breakaway and Deloitte on developing the technology infrastructure and customization for gross-to-net.
- Directed the internal and external global cross-functional teams driving the transformational project end-to-end.
Head of Technical Accounting (two promotions earned)
Genentech Inc
South San Francisco, CA
05.2016 - 12.2021
- Directed the enterprise accounting teams on the financial components for a $30B pharmaceutical company dealing with federal government and wholesaler contracts.
- Responsibilities include P&L, strategic initiative, roadmap execution, systems improvements, technology enhancements, compliance, cross-functional team leadership, and supervised team.
- Headed and executed a transformational initiative that achieved cost savings objectives reducing operational expenses and staff reduction. Results saved the company ~$500m annually.
- Collaborated with IT and the vendor to develop and implement system customization, new tools, and software that streamlined and automated enterprise financial business processes.
- Served as the company liaison and trusted advisor dealing with revenue accounting working with senior leadership and stakeholders on innovative and strategic contracting.
- Built and led cross-functional collaborative teams that delivered a major enterprise strategic initiative. Results won a company award for outstanding performance.
- Led the contract revenue integration to adhere to new international accounting compliance regulations.
- Developed and implemented standardization, policies, procedures, processes, and best practices for accounting team.
- Conducted quarterly balance sheet fluctuation analysis
Senior Accountant
Triton Container International Limited
San Francisco, CA
07.2013 - 04.2016
- Spearheaded the implementation of the new financial reporting and budgeting system for $1B manufacturer.
- Performed the subsidiary's financial reporting including general ledger, financial statements, and budgets in accordance to GAAP.
- Conducted monthly cash flow analysis and made recommendations on cash management decisions to Senior Leadership.
- Prepared and reviewed journal entries including accruals, prepaids, amortization and reclasses
- Developed and documented the internal controls, policies, and procedures for company's new financial reporting tool.
Finance Supervisor (promotion earned)
Coca-Cola Refreshments
Half Moon Bay, CA
12.2010 - 05.2013
- Originated and implemented a new business solution that improved the revenue department's month-end closing process, adding efficiency, and increased productivity reducing the process from 2.5 days to 4 hours.
- Responsible for all monthly Gross-to-net bookings for the Odwalla subsidiary.
- Created and maintained the desktop operating procedures for the department.
Experienced Audit Associate (promotion earned)
Macias, Gini & O'Connell LLP
Walnut Creek, CA
11.2008 - 12.2010
- Planned and managed audit engagements ranging from governments to publicly-traded companies.
- Supervised up to 3 staff audit associates during audit engagements.
Revenue Accountant
NexTag, Inc.
San Mateo, CA
05.2007 - 11.2008
A/R Representative
Held Properties, Inc.
Los Angeles, CA
06.2005 - 04.2006
Education
BA - Economics
University of California Davis
Davis, CA06-2005
Skills
- SAP
- Oracle
- Breakaway
- Hyperion
- Tableau
- HP Application Lifecycle Management
- ServiceNow
- Blackline
- Microsoft Dynamics
- Microsoft Visio
- Office 365
- Xero
- GAAP
- IFRS
- Budgeting
- Financial Reporting
- Team Leadership
- Cross-Functional Leadership
- Project Management
Certification
- Certified Public Accountant (State of California)
- Chartered Global Management Accountant
KEY AWARDS
Exemplary Values at Work Award, Gilead Sciences, 2023, Excellence in Business Partnering, Genentech, 2016
Timeline
Founder & CEO
Cynergy Ventures Inc.
03.2024 - Current
Associate Director - Revenue Accounting
Gilead Sciences Inc
12.2021 - 03.2024
Head of Technical Accounting (two promotions earned)
Genentech Inc
05.2016 - 12.2021
Senior Accountant
Triton Container International Limited
07.2013 - 04.2016
Finance Supervisor (promotion earned)
Coca-Cola Refreshments
12.2010 - 05.2013
Experienced Audit Associate (promotion earned)
Macias, Gini & O'Connell LLP
11.2008 - 12.2010
Revenue Accountant
NexTag, Inc.
05.2007 - 11.2008
A/R Representative
Held Properties, Inc.
06.2005 - 04.2006
BA - Economics
University of California Davis