Seasoned Finance professional CPA(Active) MBA

Sherina CHAN, MBA, CPA(active)

Fremont CA *******@*****.*** 510-***-****

Summary:

Seasoned Finance professional with rich business partnering experience in Distributor, Manufacturing, BU and Sales Organization; Streamlined annual budgeting and quarterly forecast processes, Lead for month end close process and developed management reports (dashboard of key performance indicators, flux/margin/P&L variance analyses for audit and management); Co-championed SOX project

Computer Skills:

SAP & Business Warehouse, Power BI tool, Oracle 11i, Hyperion Planning, Pillar & HFM, Essbase, Discoverer, Advanced Excel, Access, BARRA Aegis System (portfolio analysis), BrioQuery, Business Objects, dBase IV, Dejaview, FileMaker Pro, Peoplesoft, Powerpoint, Quickbooks, Sun Accounting System, Visual Basic and Word

Experience

11/09-present (moved back to Bay Area mid June 2018)

Avnet – Associate Director of FP&A/Business Intelligence Hong Kong/US

Business partnered with leaders provide analyses for better business decision (modelling, scenario analyses, product cost analyses, pricing and margin analyses)

Successfully led SAP BW team and coordinated with IT team to automate budgeting process in BW web portal and moved budget/forecast to SAP BW Interactive Planning, streamlined management reporting process and drove for continuous process standardization

Developed and implemented strategy for Roll-out SAP BW web portal/BEx Analyzer/HANA and Power BI to business operations

Lead for rolling forecast and annual budget reviews for Asia Pacific regions including Japan

Reviewed/Prepared month end close P&L analyses and management reports familiar with US GAAP, SOX and Singapore/Hong Kong Accounting and Tax rules as Asia HQ is in Singapore)

Reviewed/Prepared proformas P&Ls for quarterly corporate submissions

Reviewed ROI analysis on new projects, business planning support

7/08-5/09

Logitech Inc. – Finance Manager (moved to Hong Kong) Fremont, CA

Provided decision support for product and business development projects, maintained budgetary and cost management overview

Prepared month end close journal/accruals, monthly P&L/Variance/margin/product mix analyses)

Involved in the enforcement of corporate policies and enhancement of internal controls

Prepared Return on Investment analysis on new projects, business planning support

Provided decision support to business case developments, Excel modelling on software Gross margin, including revenue recognition

Provided product cost analysis, pricing and margin analysis

8/07-7/08

M&M Corp Service Inc - Assistant Controller (changed to high tech) Palo Alto, CA

Prepared monthly financial statements analyses at Consolidated level and Entity level.

Reviewed and approved AP payments; prepared consolidating journals

Played key role in Cognos/SAP implementations, developed/streamlined budget/forecast process

Established and implemented policies/procedures to improve internal controls and reporting

8/98-7/07

Philips Semiconductors 1/02-7/07 – Finance Manager (expanded experience-real estate industry) San Jose, CA

Successfully led an outstanding team to streamline annual budgeting (incl. cost negotiation with Corp FP&A and spending controls) and quarterly forecast processes for US sales organization

Led month-end close process (AR, AP, Cost Accounting, Fixed Asset, GL and commission calculation), introduced P&L model (Excel) into month end analysis, performed GL and Financial Statements (incl. Cash flow statement) review & variance analysis

Performed sales commission calculation, AR review for delinquent accounts balance; reviewed account reconciliations

Pioneer for new project in Finance arenas (build KPIs for Business Balance Scorecard/dashboard, streamline reporting process/tool)

Ensured timeliness/accuracy of management reports (Bookings/Billings/Backlog, sales/gross margin analysis, spending variance analysis)

Established and implemented policies/procedures to improve internal controls and reporting; Co-champion SOX project (key process mapping and evaluation for our processes on quarterly basis)

Performed capital acquisition analysis and ROI/NPV analysis to prioritize projects for E-Business

Philips Semiconductors 8/98-12/01 – Staff Financial Analyst (promoted to Manager) San Jose, CA

Prepared and analyzed month-end close results for Manufacturing operation and a Business Line (with US$450M sales & US$110M net income) and presented results to senior management

Made recommendation to improve gross margin using Margin/Profitability Analysis as performance indicator for marketing, production, operation and involved in price quote process

Audited and improved the invoice payment process, saved US$2M on wafer purchase cost

Increased business Net Income through negotiations in wafer and assembly costs reduction

Helped set up standard cost for products in Business Line and backend Manufacturing; Enhanced cost model and trained marketing on cost model

Performed Excess Inventory Analysis and made recommendation for inventory write-offs

6/97-8/97

Walt Disney Television International - Financial Analyst (MBA intern) Hong Kong

Prepared and analyzed budgets and forecasts (US$100M revenue) for the Pacific regional offices

Coordinated information from regional offices and prepared operating plans

Designed financial models to enhance the analyses of budgets and forecasts

7/95-7/96

Amsteel Holdings (H.K.) Ltd. - Accounting Supervisor (left for MBA) Hong Kong

Effectively coordinated month end processing, reviewed financial statements and prepared analysis schedules for year end audit

Prepared budgets and forecasts as well as management reports

Implemented internal control procedures and compliance with regulatory policies

Developed a sound accounting system and internal control system

Monitored US$4 billion client margin position and cash flows of the investment banker (prepared daily Profit & Loss accounts) and liaison with banks on fund transfer and trade settlement

10/93-5/95

KPMG Peat Marwick – Senior Auditor (expanded to financial institution experience) Hong Kong

Prepared/implemented audit programs for both computerized and manual systems on 10 projects

Successfully prepared clients' statutory accounts within tight schedules and reviewed consolidated accounts and other reporting packages

Designed and conducted compliance tests to assess internal control systems, recommended improvement for existing systems and controls

Performed profit tax position analyses and advised clients on tax planning

Prepared prospectuses for clients to be listed on the New York Stock Exchange successfully

Education The University of Texas at Austin Austin, TX

MBA - Finance Concentration, May 1998

City University of Hong Kong Hong Kong

Bachelor of Arts (Honors) in Accountancy, May 1993

Language Fluent in Mandarin Chinese, Cantonese Chinese and English

Contact this candidate