I would advise you not to do this from the system as you have described.
PHP has libraries for doing this sort of thing.
http://www.php.net/manual/en/ref.image.php.
http://php.net/manual/en/book.imagick.php.
And there are libraries the wrap these native functions for manipulating images. https://imagine.readthedocs.org/en/latest/
That way all your code is in PHP and you are not relying on the system to do anything (providing PHP has been compiled with the libraries as described. They are standard libraries available in most PHP builds and you can enable them if they are not included).
Edit: I'm advocating that you.
- Open the source image.
- Convert the source image
- Return the source image
with imagine you would do it thus:
$imagine = new Imagine\Gd\Imagine();
$size = new Imagine\Image\Box(400, 270);
$imagine->open('/path/to/large_image.jpg')
->resize($size)
->show('jpg');