Benjamin Yeung
Chicago,IL
Summary
Business-minded Finance Manager promoting more than 15 years of expertise overseeing transactions and reconciling monthly financial reports. Highly collaborative individual with track record of effectively training and coaching staff members. Offering confidence, team contribution and decision making skills.
Overview
25
25
years of professional experience
Work History
Finance Manager
DURACO SPECUALY TAPES (a Open Gate Capital company)
04.2022 - 04.2024
- Communicate and deliver weekly LTM orders and bookings, KPIs, key insights, scorecards and comprehensive performance results to inform executive leadership and other stakeholders
- Develop and manage sales, consolidation, financial budget, forecast, allocation, headcount, direct/indirect models and reporting, month-end process projected planning in Prophix Planning System and Power BI
- Partner with site controllers and accounting team to monitor AR/AP, cost, collection, loan schedule, ABL liquidity and provide variance analysis for weekly ending cash flow balance versus forecast and manage annual audit process
- Prepare monthly consolidated financial data, pricing/volume impact, cash forecast and working capital results, earnouts and capex, presented profitability “what if “scenarios assumptions for Executive Leadership
- Coordinate with external reporting and other vendor to review areas such as merges and acquisitions opportunities
Senior Financial Analyst
VALENT BIOSCIENCES (a Sumitomo Chemical Co. company)
08.2020 - 11.2021
- Work with managers across all functional areas to create automated solutions and enhancements through customer service data mining, providing Process Owners with metrics to help drive process changes
- Work with the Chief financial Offer (CFO) to develop, build and manage a Shared Services Finance Reporting organization structure and processes that are clearly aligned with the business strategy
- Utilize Power BI, Tableau, Salesforce to create various analytical query and dashboards that depicts critical Sales, Production and Treasury KPIs such as financial statement, inventory, cash flow and working capital
- Responsible for quality reporting, and analysis for developing plans and programs to support continuous quality, optimization, task and process improvement that will enhance office tasks automation
- Develop forecasted financial baselines, business case decision models (Excel Solver), customer models, and Economic Value Added (EVA) evaluation and tools to support business and ROI analysis and decisions.
Principal Finance Consultant
TECHFINFIN FRONTIER LLC
05.2016 - 08.2020
- Managed large-scale strategic project scope, schedules, budgets, cash flow, forecasts, invoicing, strategic headcount planning, market trend research and HR training for clients and company leaders to find best solutions for projects
- Worked as a senior consultant in public and private sectors on a variety of payroll processes automation, bank reconciliation, bookkeeping, accounting journal entries & month-end closing, AP/AR management, inventory circle counts & analysis, cost saving, internal controls implementation, fixed Asset roll forward, GL coding and GL balances investigation in balance sheet projects as needed
- Discussed, prepared and reviewed executed legal documents/contracts for compliance & controls while adhering to client specifications, applicable regulations and managed through timelines, KPI’s, and departmental reports
- Performed vendor and product selection services to include product and market research, request for information, request for proposals, reference checking, facilitation of project demonstrations, and compiling of vendor scorecards.
Senior Consultant
E&Y
09.2010 - 05.2016
- Turned around inefficient board reporting handling process and delivered 37% decrease in cycle time within six months, by leading project to centralize cross-divisional process and eliminate bottlenecks
- Developed initial process flows and risk and control matrices based on information collected in meetings/interviews with data/process owners to assist in the repeatability and sustainability of the CCAR process
- Led project to enhance information delivery and capabilities through the data warehouse and data mart update for the mortgage group of a large global bank
- Reduced costs by $1 million within six months of implementing a reengineered management reporting resolution process, developing cross-functional servicing standards and closing process gaps
- Developed a financial modeling system to evaluate multiple 'what-if' scenarios; system reduced forecast and budget preparation time by 80% to increased process accuracy.
Financial Business Analyst
PALL CORPORATION (Industrial Finance Group)
10.2008 - 09.2010
- Built performance dashboard, metrics and financial reporting and ad-hac analysis using Hyperion 9 Smartview for Essbase and Planning
- Successfully secured $1 million additional funding for developing a COGNOS 8 profitability/financial viability model of the company’s 7 industrial market groups for corporate dashboard performance management - Sales & Orders visibility and faster deliverables
- Led in-depth financial analysis to establish normative profiles of Industrial group globally, as a client support tool
- The analysis includes business plan, MD&A, investment ROI, IRR, CAGR, and strategic business decisions
- Managed and executed an optimal Shared Services allocation model project for the industrial group, achieving annual payroll work hours’ reduction of 20%, equivalent to $2 million cost savings
- Responsible for the management and development of the Industrial Finance Reporting function
- Created DSO, DPO, DIO, SG&A, T&E, Pricing, Backlog, Capital Expenditure, Product Profitability, Short Free Cash Flow, and Working Capital models evaluating financial implications of new products and inventories and provided recommendations to senior market leaders.
Financial Planning & Analysis Consultant
The Royal Bank of Scotland (Project Accounting Group)
05.2008 - 10.2008
- Maintained project schedules, month-end reports, and project accounting processes
- Associated projects with proper work breakdown structure (WBS), budget and billing terms and tables in Access Database
- Maintained subcontracts and internal change orders into Khalix, Oracle 10 database, prepared Hyperion Essbase cost reports for management, performed business requirements & specifications analysis, account reconciliations related to projects and facilitated communication between subcontractors and project managers.
Senior FP&A Analyst
Lehman Brothers (Mortgage Capital Division)
04.2006 - 04.2008
- Developed month-end closing financial reports, dashboard and balanced scorecards for monthly business reviews, including financial, volume, key performance indicators, credit risk control, IT capital, expenditure
- Designed, developed and architected master data solutions for COGNOS functional activities, enforces master data quality best practices, business rules, calc scripts security, process management modules, prototype and data governance strategies for COGNOS planning
- Reengineered Hyperion 8.3 financial reporting system for data conversion activities, and created a standard suite of cubes in COGNOS 8 library, including business metrics, expense, forecasts, and variance to actual
- Supervised and cross trained three analysts and consultant in the COGNOS 8 report developments; managed vendor relationship, training materials, procedural guides, documentations, test planning, functional designs, architecture components, executions and data analysis for the CFO function.
Senior FP&A Analyst
Washington Mutual (Home Loan Finance Group)
01.2005 - 01.2006
- Developed an Oracle and BusinessObjects5.0-based Corporate Performance Management and Dashboard system and Hyperion Essbase financial reports enabling Senior Home Loan Executives analyzing and manage credit rating benchmark, business metric, KPI, key financial measurement and asset management
- Led the process automation for data collection and reporting of Call Centers, Production Sales and Operations, Service Delivery, Treasury Analysis and Quality Control from manual to the development of automated process and reporting
- Documented business requirements, analyzed financial reports and performed acceptance testing
- Produced daily, weekly, monthly and ad-hoc reports, including Balanced Scorecard for presentation.
Senior Financial Analyst / Trader, Business Valuation services
InvesTrade Discount Securities (a Private Equity Company)
01.1999 - 01.2005
- Managed $3 million trading portfolio in Glenview, IL
- Provided market commentary to assist sales force
- Managed a daily P&L reporting and profitable trading position while increasing company’s bottom line for two consecutive years
- Worked on special projects; performed quantitative analysis; composed business reporting requirements and created functional required templates and documents
- Assisted technical team in reports using Business Object 5.0.
Education
Certificate in Leading Team and Organization -
University of Notre Dame
NYC, NY01.2010
No Degree - Financial Model
Investment Banking Institute
NYC, NY06.2008
BS, Economics -
Northern Illinois University
DeKalb, IL01.1998
Skills
- Microsoft (Power Query, Power Automate, Pivot Tables, Solver, Visio & Access Database)
- Microsoft Project Management
- Prophix
- Reuters
- Visual Basic
- Oracle Hyperion
- COGNOS
- SAP BW/4HANA
- Power BI
- Tableau
- Salesforce
- Workday
- Argus Finance Application
Timeline
Finance Manager
DURACO SPECUALY TAPES (a Open Gate Capital company)
04.2022 - 04.2024
Senior Financial Analyst
VALENT BIOSCIENCES (a Sumitomo Chemical Co. company)
08.2020 - 11.2021
Principal Finance Consultant
TECHFINFIN FRONTIER LLC
05.2016 - 08.2020
Senior Consultant
E&Y
09.2010 - 05.2016
Financial Business Analyst
PALL CORPORATION (Industrial Finance Group)
10.2008 - 09.2010
Financial Planning & Analysis Consultant
The Royal Bank of Scotland (Project Accounting Group)
05.2008 - 10.2008
Senior FP&A Analyst
Lehman Brothers (Mortgage Capital Division)
04.2006 - 04.2008
Senior FP&A Analyst
Washington Mutual (Home Loan Finance Group)
01.2005 - 01.2006
Senior Financial Analyst / Trader, Business Valuation services
InvesTrade Discount Securities (a Private Equity Company)
01.1999 - 01.2005
Certificate in Leading Team and Organization -
University of Notre Dame
No Degree - Financial Model
Investment Banking Institute
BS, Economics -
Northern Illinois University
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