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Arleen S.

Sung
Home (408)323-9319 San Jose, CA. asung8@yahoo.com www.linkedin.com/in/arleensung

Senior Financial Analyst


High-tech financial analyst who supports Manufacturing, R&D, and Software with process improvements that increased reporting satisfaction, accuracy of data, and efficiency of flow. Trusted with resources valued at $100M; introduced cost savings of as much as$10M. Intense level of team engagement and work ownership. MBA with management focus. Speak English, Chinese, and Portuguese. Available for 10% travel. I am a detective at heart and I love to engage in process improvements to reduce costs, to increase productivity and efficiency. Skills Inventory Financials
Financial Analysis / Modeling Actual vs. Budget Reporting Metric Reporting / Financial Highlights Capital Management Monthly / Quarterly / Annual Forecast Monthly Accounting Close / Reconciliation Constant Audit-ready Status

Systems
MS Office SAP and COPA ESSBASE Brio and QMF Hyperion Pillar Hyperion Enterprise Business Objects

Support
Manufacturing Software R&D Headcount Continuous Process Improvement Corporate / Business Units Issue Anticipation / Resolution

Recommendation Arleen possesses a keen business sense and strong analytical skills. She ably demonstrated these capabilities in evaluating the business cases for a number of initiatives during the time she worked for me. Executive management and I were greatly impressed with her work and her ability to influence decisions." Rajiv Bhagat, Cadence Design Systems

Professional Experience
Senior Financial Analyst - APPLIED MATERIALS, Santa Clara, CA
Semiconductor equipment manufacturer with $11 B annual revenue

July 2005 November 2010

Managed worldwide reserve adequacy for Installation and Warranty tools valued at $100M. Provided financial support for Web / Glass / LED business in all phases of budget reporting, P&L headcount actuals / forecast, and accounting close. Reporting Shortened preparation time and enhanced accuracy of reserve calculation template 30% by improving flow of Excel fields. Cut reporting footprint in half, reduced cost of office supplies, and created 30% increase in efficiency by identifying redundancies in reports and consulting with programmer. Showed leadership by helping and advising transactional analyst regarding problem resolution, gaining trust and preventing errors from passing to reports. Process Improvements Developed and established internal controls for reconciling Installation and Warranty subsystem interface to SAP; guided transactional analysts for quick resolution of problems. Collaborated with system analysts in design of new SAP for Installation and Warranty activities. Cost Savings Freed up valuable resources by reducing reserve required for Installation and Warranty tools by 20%. Streamlined I&W process and reporting

Arleen Sung

Home (408) 323-9319

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Professional Experience (continued)

Relationship Management Built positive relationships with regional Finance members that finessed initiation and negotiation of semiannual labor rates. Led rate approval meetings attended by HQ Operations, Finance, and regional representatives. Senior Financial Analyst - VERISIGN, Mountain View, CA
Security Software with revenue of $681MM.

October 2001 October 2004

Provided R&D support for accounts worth up to $60MM. Prepared and analyzed annual budget forecast, interpreted month-end variance, and performed what-if analysis to advise operations management of financial impact on budget. Reporting Contributed to increased effectiveness of two business units by creating new management reports. Process Improvement Designed and created spreadsheet that allocated percentage of R&D cost to all business units, reducing time 60%, increasing accuracy and expediency 50%, and satisfying business unit analysts with on-time data. Reduced purchasing costs 30% in early stages of company by scrutinizing all purchases with Purchasing and AP, thus ensuring budget was funded. Redefined signature approval process to clarify approval matrix. Cleared 40% of aging items (four years old) in prepaid accounts. Reduced expenses to meet target goals by working proactively with VPs and Senior VPs. Promotion Received permanent position less than one year after being assigned to VeriSign as Murdoch consultant.

Selected Prior Experience/Highlights Accounting Manager - MURDOCH AND ASSOCIATES (Acquired by Accretive), Santa Clara, CA Assessed financial and accounting problems for large, high-tech companies. Provided solutions for Palmchip, Google, Cisco, and VeriSign. Finance Manager - CADENCE DESIGN SYSTEMS, San Jose, CA Selected by management of finance organization with 100+ employees to evaluate business cases including South America Hiring , IP Reuse, and other work highly visible to upper management. Advised against three projects when analysis found lack of ROI. Financial Analyst - IBM, San Jose, CA Provided support for Manufacturing, Research and Development and Corporate Saved $10M by shutting down Multi Media Services unit due to lack of corporate and financial accountability. Achieved 99% accuracy in 5 consecutive inventories worth $62MM, as observed by Price-Waterhouse auditors. Discovered through comparative analysis a 20% discrepancy in inventory forecast-to-actual model . Demonstrated cause to Operations Manager as use of forecast instead of actuals, and process was changed. Awards
Q409 Employee of the Quarter for taking on extra duties and improving processes at Applied Materials, Santa Clara, CA. Q200 Outstanding Achievement Award for work on business case evaluation at Cadence Design Systems, San Jose, CA. Bonus award for creating flexible budget that used latest data for inventory, shipping, and spending at IBM, San Jose, CA.

Education MBA, Focus in Management,Golden Gate University, San Francisco, CA BA in Psychology, Simon Fraser University, Burnaby, BC, Canada

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