JEFFREY E. ONG
Fremont, CA ***** . *******@*****.*** . 510-***-****
Accomplished Finance Executive
Excellent track record working with global high technology industries
15+ years of global experience overseeing financial forecasts, budgets,
capital spending, and divestitures; combined with an MBA. Adept at
communicating across all levels and departments, including R&D, Marketing,
Sales, Customer Service, and Engineering. Thorough, analytical, and
customer-focused. Areas of expertise include:
Mergers & Acquisitions Pricing and Packaging Cost Reductions
Sarbanes-Oxley Strategic Planning Due Diligence
ISO 9002 SAP Implementation Divestitures
Competitive Analysis Presentations Cost/Benefits Analysis
"Jeff's extensive global experience, amazing work ethic, sense of urgency,
high integrity, and ability to work in high performance teams makes him a
highly respected and sought after resource. Jeff is the best financial mind
I have ever worked with."- Dan MacDonald, VP of Marketing and Product
Development, Nokia
Professional Experience
NOKIA - Mountain View, CA 1999 - 2009
Director of Finance for the Security Business Unit supporting 500+
employees globally. [2004 - 2009]
. Controlled financials and P&L of $300 million business unit. Oversaw
internal management reporting, monthly forecasts, gross margin, annual
plan development, and four-year financial plan.
. Approved pricing and packaging for all product and service offerings.
. Spearheaded negotiations on royalty payments for inbound and outbound
products.
. Selected to serve as a key member of the Mergers and Acquisitions
(M&A) due diligence team.
. Led the core team that reversed a financial loss into profitability
within 6 months.
. Achieved an annual cost savings of $5 million by negotiating
subcontractor manufacturing terms; and realized an additional $600K
annually through outsourcing.
Head of Global Marketing Finance overseeing finance and marketing
operations for Nokia Enterprise Solutions Division with more than $1
billion in revenue. [2003 - 2004]
. Served as the primary finance contact with Global Nokia Business
Groups, and coordinated inter-divisional marketing spending plans.
. Built a world-class multi-site global call center; defined goals and
objectives, measurement and reporting, and quarterly regional call
center performance evaluations.
. Controlled and managed financial planning, operations analysis,
capital investments, and policy coordination.
. Negotiated contracts for global events, advertising, and other
external marketing programs.
. Developed a sophisticated marketing expenditure planning and tracking
tool.
Director of Product Management selected to temporarily fill an additional
management role that had been abruptly vacated (served concurrently as
Senior Controller) [2002 - 2003]
. Negotiated with vendors prior to product launch, saving $800 in cost-
per-unit, and improving customer service from new supplier.
. Directed product line strategy and production planning, negotiated
favorable pricing, and established go-to-market model.
JEFF ONG *******@*****.*** Page two
NOKIA continued
Senior Controller for Product Management, Global R&D, Marketing & Business
Development for the Security Business Unit with more than 300 global
employees. [1999 - 2003]
. Managed A/R, A/P, general accounting, financial reporting, and
financial systems.
. Selected as key participant in due diligence process for M&A and
integration, completing 3 acquisitions and managing revenue growth
from $40M to $300M within 2 years.
. Centralized Accounts Payable, Accounts Receivable, and Collections
Departments.
. Provided strategic guidance to senior management on financial issues,
business proposals, policies, and practices.
. Defined and executed aggressive cost cutting plans that reduced
headcount by more than 50%.
. Established pricing guidelines and retained final approval of non-
standard pricing discount.
ILOGISTIX - Fremont, CA 1998 - 1999
Global Operations Controller for a $500M supply chain management company
providing packaging, manuals, and inserts for the software industry.
. Oversaw SAP integration for SoftBank subsidiaries purchases (Mexico,
Florida, Taiwan, and Singapore.)
. Controlled budgets, forecasts, and planning for the business unit, and
executed a worldwide audit.
CIDCO, Inc. - Morgan Hill, CA 1997 - 1998
Business Unit Controller for a $250M manufacturer of telephony products
from Caller ID equipment to internet-enabled telephones.
. Lowered operating costs by $6M annually by outsourcing distribution
center.
. Set market sizing and pricing for internet-enabled phones.
. Guided PeopleSoft project accounting module implementation team.
FUJITSU MICROELECTRONICS, INC. - San Jose, CA 1997
Senior Financial Analyst for a $200M memory and display business unit.
. Streamlined monthly financial reporting process from two days to three
hours.
ILOGISTIX - Fremont, CA 1992 - 1997
Senior Business Analyst for a $250M integrated supply chain management
company. [1995 - 1997]
Initiated a fixed pricing system, which resulted in the elimination of
a major competitor.
Improved cash flow by $4M per month from establishing 3rd party
royalty collection process.
Negotiated covenants and terms for $30M lines of credit from GE
Capital.
Senior Financial Analyst [1994 - 1995]
Financial Analyst [1992 - 1994]
Technical Skills
SAP . Hyperion . PeopleSoft . Pillar . Solomon . Excel . Word . PowerPoint
. MS Project
Education
Master of Business Administration (MBA) / GOLDEN GATE UNIVERSITY - San
Francisco, CA
Bachelor of Science (BS) in Finance / SAN JOSE STATE UNIVERSITY - CA