Business Valuation M&A
Resume:
TET L. HEW, M.B.A.
**** *. ******* ****., #*, Las Vegas, NV 89131
Mobile phone: 408-***-****
Email: ******@*****.***
PROFESSIONAL SUMMARY
Highly motivated finance professional with planning and analysis experience, and exceptional financial modeling skills to competently perform finance duties and responsibilities that meet and exceed management expectations and delivery timelines.
EDUCATION
• Master of Business Administration, The University of Texas at Austin, Major - Finance Graduated
• Bachelor of Science in Civil Engineering, The University of Texas at Austin Graduated CAREER PROFESSIONAL EXPERIENCE
Resort Financial Analyst, February 2023 - July 2024 Hilton Grand Vacations, Las Vegas, NV
• Performed variance analysis of monthly operating financial statements of 10-15 large resorts, and conducted reviews with various General Managers of the P&L and the variance analysis.
• Provided recommendations to management in order to maximize operational efficiency and financial returns.
• Worked on month-end close, and prepared and submitted reclass entries and accrual entries.
• Prepared annual operating budgets for 10-15 large resorts with various General Managers.
• Used Oracle, SmartView, SmartView Query, and Excel financial models to prepare annual resort budgets.
• Assisted in the development and improvement of financial reporting tools. Manager of Valuation, September 2020 - October 2022 Andersen, San Francisco, CA
• Experienced with Portfolio Valuation of venture-funded companies.
• Skillful in using the Black-Scholes Option Pricing Method for stock-based compensation valuations (409a and ASC 718) to value and allocate the total equity value among various classes of securities of venture- funded companies.
• Proficient in applying Discounted Cash Flow Method and Market Approaches for valuations under ASC 805
(Business Combinations) and ASC 820 (Fair Value Measurements and Disclosures).
• Performed research on guideline comparable companies and transactions using CAPITALIQ and DEALSTATS.
• Managed and mentored staff while executing multiple concurrent valuation engagements.
• Applied financial models including Relief-from-Royalty Method, Excess Earnings Method, Distributor Method, and With-and-Without Method to value intangible assets for ASC 805 such as developed technology, in-process research and development, trade names and trademarks, customer relationships and non-compete agreements.
• Prepared fair market value appraisals for gift and estate tax reporting purposes. Valuation Manager, January 2020 - April 2020
EisnerAmper, San Francisco, CA
• Performed SAS 73 review of valuations prepared by other valuation firms, and drafted audit review memorandums.
• Experienced in applying Discounted Cash Flow Method and Market Approaches for valuations under ASC 805 (Business Combinations) and ASC 820 (Fair Value Measurements and Disclosures). Page 2 of 3
• Utilized financial models including Relief-from-Royalty Method, Excess Earnings Method, With-and- Without Method, and Distributor Method to value intangible assets for ASC 805 such as developed technology, in-process research and development, trade names and trademarks, customer relationships and non-compete agreements.
• Skillful in using the Black-Scholes Option Pricing Method for stock-based compensation valuations (409a and ASC 718) to allocate the total equity value among various classes of securities of venture-funded companies.
• Managed and collaborated with staff while executing multiple valuation engagements.
• Proficient in using Capital IQ to retrieve financial data of guideline companies and transactions. Senior Commissions Analyst (contractor), August 2019 - December 2019 8x8, Inc., San Jose, CA
• Assisted in creating financial model to validate the calculations of various accelerator commission thresholds.
• Proficient with Excel, and extensive use of PivotTable and VLOOKUP functions, and VBA macros to automate the analysis of large transaction data sets. Senior Financial Analyst (contractor), February 2019 - May 2019 Stanford Children’s Health, Menlo Park, CA
• Worked as part of FP&A team to prepare annual budget comprising and quarterly forecasts for Revenue, Operating Expenses, and Capital Expenditures.
• Partnered with managers by supporting their business units with multiple cost centers in month-end processes.
• Proficient with Excel, and extensive use of PivotTable and VLOOKUP functions, and VBA macros to automate the analysis of large transaction data sets. Accountant III (contractor), June 2018 - December 2018 Bank of the West, San Ramon, CA
• Reconciled bank reports to GL balances in Hyperion/SmartView and performed variance analysis explanations on a quarterly basis, and prepared ad-hoc analysis.
• Proficient with Excel, and extensive use of PivotTable and VLOOKUP functions, and VBA macros to automate the analysis of large transaction data sets. Senior Accounting Analyst (contractor), August 2017 - January 2018 Alameda Health System, Oakland, CA
• Supported finance and accounting month-end close including preparing journal entries, bank reconciliations, and balance sheet reconciliations.
• Performed modeling and calculations to determine the AR Allowance for Doubtful Account and Net AR ending balance based on Aging and collections history, and submitted journal entry based on the analysis. Budget Analyst (contractor), March 2017 - August 2017 SamTrans, San Carlos, CA
• Prepared annual budget comprising and quarterly forecasts for Revenue, Operating Expenses, and Capital Expenditures.
• Prepared annual Opex and Capex budget and analyzed Cost Center budget expenses.
• Business partner supporting business units comprising multiple cost centers. Senior Accountant (contractor), April 2016 - October 2016 Verity Medical Foundation, San Jose, CA
• Supported finance and accounting month-end close including preparing journal entries, bank reconciliations, and balance sheet reconciliations.
• Performed daily treasury functions, retrieving records from Wells Fargo banking system, and posting transactions electronically into the ERP system.
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Senior Analyst, June 2015 - December 2015
Teknos Associates, Palo Alto, CA
• Highly skilled in using Discounted Cash Flow Method and Market Approaches for valuations and corporate planning purposes based on forecasts and operating plans prepared by client companies.
• Applied financial models to value intangible assets for ASC 805 including Excess Earnings Method, Relief from Royalty Method, Distributor Method and With-and-Without Method.
• Acquired skills and experience using Black-Scholes Option Pricing Method for stock-based compensation valuations (ASC 718) to allocate the total equity value among various classes of securities.
• Skillful using Capital IQ to retrieve financial data of guideline companies and transactions. Senior Associate, October 2013 - July 2014
KPMG, LLP, Los Angeles, CA
• Performed SAS 73 review of valuations prepared by other valuation firms, and drafted audit review memorandums.
• Proficient in using Discounted Cash Flow Method and Market Approaches for valuations in accordance with ASC 805 (Business Combinations) and ASC 820 (Fair Value Measurements and Disclosures).
• Utilized financial models to value intangible assets for ASC 805 including Excess Earnings Method, Relief from Royalty Method, Distributor Method and With-and-Without Method.
• Acquired skills and experience using Black-Scholes Option Pricing Method for stock-based compensation valuations (409a and ASC 718) to allocate the total equity value among various classes of securities.
• Proficient in using Capital IQ to retrieve financial data of comparable companies and transactions. Financial Valuation Manager, April 2010 - May 2013; Senior Consultant, April 2005 - March 2010; Consultant, July 2002 - March2005
American Appraisal Associates, San Francisco, CA
• Proficient in applying Discounted Cash Flow Method and Market Approaches for valuations under ASC 805
(Business Combinations) and ASC 820 (Fair Value Measurements and Disclosures).
• Analyzed budgets, annual operating plans and long-range projections of client companies including evaluating the assumptions and drivers for revenue, profit margins, operating expenses, and capital expenditures.
• Conducted due diligence interviews with senior managers, engineers, and sales managers to understand value drivers of the business and assets valued.
• Intangible assets valued under ASC 805 included developed technology, in-process research and development, trade names and trademarks, customer relationships and non-compete agreements.
• Financial models applied to value the intangible assets included Relief from Royalty Method, Excess Earnings Method, With-and-without Method, and Distributor Method.
• Collaborated and managed cross-discipline valuations involving large, multi-discipline projects.
• Worked with public listed client companies to evaluate and test goodwill, trade names and trademarks under ASC 350 (Intangibles-Goodwill and Other) for financial reporting purposes.
• Managed, trained and mentored the professional development of junior staff and individual contributors. COMPUTER SOFTWARE AND OTHER SKILLS
• Proficient in using Excel (Pivot Table, VLOOKUP, HLOOKUP, SUMIFS and SUMIF, graphs and macros).
• Proficient in working with Word, PowerPoint, and Outlook.
• Have experience using ERP software including Oracle, SmartView, and Hyperion.
• Possessed working knowledge of SQL and Visual Basic.
• Had training with Adaptive Planning, Anaplan and Tableau visualization software.
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