Daniel Yap Email & Phone Number

San Jose, California, United States

• Lowered budget-actual variance from 8% to 1% (99% accuracy) YOY and delivered $80M annual savings by elevating budget management, deepening vision into data to prioritize investments, and streamlining budget allocations.• Partnered with cross-functional leaders on budgeting, forecasting, business case development, reporting, and analytical projects; delivered influential insights on risks, opportunities, and financial feasibility and outcomes; aligned plans/goals/strategies and built… Show more • Lowered budget-actual variance from 8% to 1% (99% accuracy) YOY and delivered $80M annual savings by elevating budget management, deepening vision into data to prioritize investments, and streamlining budget allocations.• Partnered with cross-functional leaders on budgeting, forecasting, business case development, reporting, and analytical projects; delivered influential insights on risks, opportunities, and financial feasibility and outcomes; aligned plans/goals/strategies and built consensus by enabling data-driven decision-making.• Drove 15% annual cost optimization and operational efficiency, which included reducing budget consolidation and allocation time from 7 days to 3 days; collaborated on change management and process improvements. • Engaged in end-to-end portfolio management; optimized resource allocation to maximize ROI, conducted financial reviews/variance analysis, analyzed metrics/KPIs, and devised corrective action plans. Show less

• Owned $480M budget for BU with 1200 employees and $60M in capital, produced financial reporting, aligned spending strategy and contribution margin, and optimized resource utilization; achieved 0.2% variance for 9 years in a row.• Partnered with VP/GM on strategy/execution to achieve 30%+ annual growth on $4B portfolio; identified and captured revenue enhancement and cost savings opportunities. • Integral to $3B portfolio maximum return and increasing contribution margin from 19% to… Show more • Owned $480M budget for BU with 1200 employees and $60M in capital, produced financial reporting, aligned spending strategy and contribution margin, and optimized resource utilization; achieved 0.2% variance for 9 years in a row.• Partnered with VP/GM on strategy/execution to achieve 30%+ annual growth on $4B portfolio; identified and captured revenue enhancement and cost savings opportunities. • Integral to $3B portfolio maximum return and increasing contribution margin from 19% to 22% by developing models, scorecards, and metric measurement to continually assess and guide strategic initiatives, including ROI and payback analysis that proved critical to making informed investment decisions.• Increased ROI 20% (millions in financial benefit) by revamping Opex budgeting and sharpening focus on investment portfolio performance (qualitative, quantitative, risk analysis).• Pioneered first-in-kind Marketing Development Fund (MDF) structure/process for joint Intel-Cisco engineering teams, orchestrating a vast effort across functions to deliver a monitorable, effective, efficient program; achieved 100% reimbursement rate, reaching 200 customers with zero budget impact.• Created financial modeling for partner programs (e.g., Intel, AMD, VMware, Nvidia), steering engineering and marketing development funds and product investment decisions for strategic portfolio fit. • Led long-range planning and investment plans for 4 acquisitions, ensuring strategic alignment and synergy; instituted robust metrics to analyze performance and guide data-driven decision-making. • Coached and managed 2 financial analysts; trained on best practices, drove engagement and productivity, elevated skillsets, and positioned employees as valued partners across the organization.• Established master retention bonus file and financial concepts (accrual, payment, cost forecasting) to improve financial planning, compliance, accounting control, month-end close, and budget processes. Show less

• Drove $150M cost savings and $400M revenue gain while leading analysis to steer investment decisions and drive ROI, analyzed business cases, and produced executive summaries (scorecards, metrics, dashboards). • Managed and assessed portfolios for making ongoing and future investment decisions in a transparent manner that improved the overall ROI for the company. • Designed and led processes to evaluate the overall performance of various portfolio investments.

• Successfully realized a 1.5% reduction in standard costs through strategic Value Engineering initiatives during FY10, followed by an even more impactful 2.0% reduction in FY11.• Demonstrated remarkable financial stewardship by enhancing Value Engineering spending efficiency from 67% (FY09) to an impressive 90% (FY10) of the allocated budget.• Ensured precision and accountability in IT expenditure, achieving a remarkable 99% accuracy between budget projections and actual spending from… Show more • Successfully realized a 1.5% reduction in standard costs through strategic Value Engineering initiatives during FY10, followed by an even more impactful 2.0% reduction in FY11.• Demonstrated remarkable financial stewardship by enhancing Value Engineering spending efficiency from 67% (FY09) to an impressive 90% (FY10) of the allocated budget.• Ensured precision and accountability in IT expenditure, achieving a remarkable 99% accuracy between budget projections and actual spending from 2006 to 2009.• Honored with the prestigious 2008 CIO 100 Award for pioneering the Remote Access Finance Model implementation, underscoring innovative leadership and technological understanding. Show less

• Analyzed direct material monthly variance analysis reports on both budget and actual results (volume, model mix, usage, cost reduction, purchase price variance, scrap and ECO).• Set up and assured proper BOM and standard cost rates in the ERP so that accurate costs were reflected in the P&L.• Participated in cost accounting for Sarbanes-Oxley remediation and audit.

Master, Economics

Activities and Societies: GPA 3.69

Bachelor'S Degree, Finance

Certification Of Project Management

(Strategic Planning, Scheduling, Managing Multiple Priorities, Negotiating, Team Building and Project Tracking)