Lyman Yip, Cpa, Fpac
About Lyman Yip, Cpa, Fpac
Lyman Yip is a Senior Finance Manager at Carbon, where he has worked since 2021. He has extensive experience in finance, having held various managerial roles at Genesys, Western Digital, and PayPal, and holds multiple degrees and certifications in finance and analytics.
Work at Carbon
Lyman Yip has been serving as the Senior Finance Manager at Carbon since 2021. In this role, he is responsible for overseeing financial operations and strategic financial planning. His work involves crafting detailed financial analyses and reports that support the company's decision-making processes. Based in Redwood City, California, Yip has contributed to the company's financial health through his expertise in financial management.
Previous Experience in Finance
Prior to joining Carbon, Lyman Yip held several key finance positions. He worked at Genesys for a total of 11 years, first as Senior Manager, Finance from 2007 to 2012, and later as Director, Finance from 2012 to 2018. He also served as Director of Financial Planning and Analysis at Western Digital for one year in 2018-2019. His experience includes a role as Senior Manager of Product Financial Planning & Analysis at PayPal from 2019 to 2020.
Education and Expertise
Lyman Yip holds a Bachelor of Science degree in Business Administration with a focus on Finance and Accounting from the University of California, Berkeley. He has further enhanced his skills by obtaining a Certificate in Data Analytics from General Assembly and a Financial Modeling & Valuation Analyst (FMVA) certification from the Corporate Finance Institute. Additionally, he completed a Business Analytics Specialization through Coursera from the University of Pennsylvania.
Financial Analysis and Reporting Skills
Yip has demonstrated proficiency in financial analysis and reporting throughout his career. He has crafted income statement fluctuation analyses for quarterly reviews and annual audits. He created a gross margin rollup by product category for external financial reporting, covering 14 quarters. His analytical skills include preparing key metrics such as ARR, NRR, and churn to assess the health of recurring revenue streams.
P&L Forecasting and Project Analysis
In his previous roles, Lyman Yip successfully transitioned P&L forecast models to Anaplan, which resulted in a 50% reduction in preparation and update time for consolidated forecasts and budgets. He also analyzed $60 million in R&D expenses across multiple projects and departments, presenting investment trend summaries to senior executives to inform strategic decisions.