Ada Yu

Ada Yu Email and Phone Number

Senior Vice President at BBVA Compass
Ada Yu's Location
Birmingham, Alabama, United States, United States
Ada Yu's Contact Details

Ada Yu work email

Ada Yu personal email

n/a

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About Ada Yu

High-profile Financial Leader with progressive experience driving multi-million dollar expense savings within the highly competitive industries. Demonstrated track record of providing financial planning and support for both financial and technology industries, including a long tenure with both BBVA Compass Bank and NEC America. Recognized for exceptional business development, strategic planning, and team leadership skills.

Ada Yu's Current Company Details

Senior Vice President at BBVA Compass
Ada Yu Work Experience Details
  • Bbva Compass
    Senior Vice President
    Bbva Compass 2008 - 2015
    Recognized with multiple promotions and increasing responsibility. Oversaw all monthly close and financial report preparation. Analyzed balance sheets, P&L, cash flows, and budget variance. Provided support of corporate and divisional strategic planning efforts through forecasting, operations, and capital budget development. Managed all aspects of the banking facility, Technology capital budget planning, spend tracking, project management, and reporting. Supported mergers and acquisition planning and conversion. ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬✓ Won Chairman Award in 2010, 2012, and 2014.✓ Directed a $400M new core banking platform system, providing Executive Management Committee with monthly detail project reporting.✓ Saved bank more than $17M in expenses by leading IT saving initiative established through outsourcing and vendor contract negotiation. ✓ Reduced contractor services expenses 25% by establishing contractor database to track and manage global software factory cost.✓ Decreased operations expense 15% by managing and supporting Spain HQ Operations Outsourcing project.✓ Partnered with Accounting Department in delivering improvements to invoice payment and project management by establishing accounting procedures.✓ Reduced outstanding IT audit issues 15% by managing technology risk management and reporting.✓ Spearheaded entire bank Technology capital spending and strategy planning, coordinating with BBVA global to achieve 10% capital efficiency.
  • Bbva Compass
    Vice President / Division Finance Manager
    Bbva Compass 2002 - 2007
    Directed 12 staff members in Technology Support and Services Division. Charged with performing monthly financial reporting, budget preparation, and monthly variance analysis. ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬• Won Chief Information Office Award in 2005 and 2007.• Reduced annual maintenance contract 15% by managing IT software and hardware database and projects.• Established and management bank operations productivity index and service level agreement database and monthly reporting for executive management.✓ Spearheaded expense tracking database and automation of monthly allocation process and reporting, detailing information on real estate, telephone, technology, design, and development.✓ Reduced project cost 20% by establishing new system and managed project for planning, analysis, tracking, and project evaluation system.✓ Spearheaded transformation of the Real Estate Division by reducing 30% of annual costs.
  • Bbva Compass
    Assistant Finance Manger / Financial Analyst Ii / Financial Analyst Ii
    Bbva Compass 1996 - 2001
    Managed monthly accounting closing and financial statement preparation. Performed analysis of balance sheets, P&L, cash flows and budget variance. Provided support to corporate and divisional strategic planning efforts by providing forecasting of operational and capital budget development activities. Managed bank-wide facility and technology expense, perform allocation analysis, and provide forecasting and budgeting preparation. ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬✓ Won Employee of the Year in 2000, 2001, and 2002.✓ Oversaw the automation and consolidation of 1200 cost center monthly financial reports.✓ Automated annual budget process to provide executive management with accurate expense trend and growth budget reporting.✓ Led the automation of bank-wide purchase order, vendor invoice payment, and approval process, improving the invoice payment workflow and reducing cost through avoided late fees and negotiating of better contract prices.✓ Performed merger and acquisition planning, due diligent process, and conversion coordination.
  • Nec America, Inc.
    Accounting Manager
    Nec America, Inc. 1990 - 1994
    Dallas, Tx
    ✓ Increased inventory control efficiency 35% by automating new inventory system to online real time.✓ Reduced monthly accounting closing process time 25% by installing new accounting system.✓ Led automation of monthly financial reporting with new accounting system.✓ Established daily financial dashboard for executive management.✓ Completed automation of forecast system for new accounting system, increasing monthly financial analysis efficiency 20%.

Ada Yu Skills

Financial Planning Forecasting Mergers And Acquisitions Capital Management Financial Statements Client Relations Risk Management Process Improvement Budgeting Staff Leadership Staff Development Business Management Pricing Strategy Cost Variance Analysis Problem Resolution Contract Management Contract Administration Gaap Finance Financial Analysis Management Banking Executive Management Accounting Budgets Outsourcing Project Management Capital Budgeting

Ada Yu Education Details

Frequently Asked Questions about Ada Yu

What is Ada Yu's role at the current company?

Ada Yu's current role is Senior Vice President at BBVA Compass.

What is Ada Yu's email address?

Ada Yu's email address is ad****@****ted.com

What is Ada Yu's direct phone number?

Ada Yu's direct phone number is +120587*****

What schools did Ada Yu attend?

Ada Yu attended University Of Houston.

What skills is Ada Yu known for?

Ada Yu has skills like Financial Planning, Forecasting, Mergers And Acquisitions, Capital Management, Financial Statements, Client Relations, Risk Management, Process Improvement, Budgeting, Staff Leadership, Staff Development, Business Management.

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