Denise Terhune Email & Phone Number

Montvale, New Jersey, United States

Montvale, New Jersy

Lead, train and develop onshore staff of six and offshore staff of eleven responsible for the financial oversight and P&L management of three major firm divisions, Operations Services, Occupancy and Real Estate Services which have a combined annual operating budget of $335 million and staff of 800. Strategically oversee and direct team in the preparation of account and financial analysis, review and development of quarterly forecasts and annual operating and capital expenditure budgets and oversight of month and year end closing procedures with a focus on cost control and avoidance.Accomplishments:• Refined annual forecast / budget process including the development of detailed forecasting/budgeting templates• Oversaw the development of standard monthly business focused financial reporting and analysis including operating and capital expenditure reporting, cost metrics and various web based tools and reporting which allow divisions supported to more effectively and timely manage their business• Member of Finance & Accounting steering committee that was charged with the development of a robust learning and development program for entire F&A organization which led to the development and delivery of many technical and soft skills training programs

Kpmg Llp

Led, trained and developed an onshore staff of five and offshore staff of four responsible for the financial oversight and P&L management of two major firm divisions, Operations Services and Occupancy, which have a combined annual operating budget of $300 million and staff of 775. Oversaw and directed team in the preparation of account and financial analysis, reviewed and developed quarterly forecasts and annual operating and capital expenditure budgets and oversight of month and year-end closing procedures with focus on cost control and avoidance. Ensured all significant transactions and financial results were in conformity with generally accepted accounting principles and in accordance with firm policies and procedures.Accomplishments:• Heavy participation in the SAP financial system implementation which included user acceptance testing and writing of test scripts• Core team member in the development of the Asset Disposition Policy and Property Casualty Incident Report Instruction Document• Developed detailed training/procedure manual for on-shore team for all critical tasks

Montvale, Nj

Responsible for financial planning (CapEx and OpEx), forecasting, reporting and analytics for Operations Services and Occupancy divisions. Managed combined operating budget of $243 million. Led team in the development of accurate plans and managed actual costs. Oversaw financial controls and reporting for all Operations Services and Occupancy spend including proper accounting treatment of capital investments and accurate general ledger coding. Worked closely with Operations Services and Occupancy teams to develop ad hoc reporting to aid senior management with financial decisions. Developed and ensured delivery of monthly metrics reporting was timely and accurate. Led, trained and developed on-shore and off-shore staff responsible for financial oversight and P&L management for the Operations Services and Occupancy divisions. Accomplishments:• Key team member in the outsourcing initiative which resulted in the off-shoring of various financial and accounting responsibilities to F&A off-shore vendor. Prepared detailed analysis of what responsibilities could be off-shored and what was to remain on-shore, developed comprehensive training material for off-shore team. Developed scorecard which tracks performance accuracy and timeliness.• Led the effort to develop an Access database to support Operations Services Office Assessment process as part of the Digital Convergence program• Developed Operating Statement Reference Guide & Coding Matrix used by Operations Services & Occupancy team members to aid them in understanding financial results and the proper coding of invoices.

Rye Brook, Ny

Direct preparation of financial forecasts and budgets. Managed preparation of the demand plan, working with supply chain and commercial functions to ensure alignment. Provided financial support for commercial and operational decision making and ad-hoc business projects. Direct reporting of month-end and year-end results to senior management with informative commentary and insightful analysis that identifies issues and opportunities and so helps drive improved business performance. Worked closely with Sales and Marketing teams to ensure alignment of financial plans.Managed analysis and explanations of variances versus budget, forecast and prior year to full system UOP. Managed Balance Scorecard and development of KPIs and metrics to measure business performance, aligned with the regional strategy map. Management of Margin Minder system to ensure accurate information in system and ensured that it was being used to its full potential across the business.Presented financial results on a monthly basis to Senior Management Team. Managed and developed the team to ensure all colleagues had clear objectives and accountabilities, were motivated and had the capabilities and resources needed to succeed.Accomplishments:• Developed plan down to the channel and pack level• Core team member for the implementation of Hyperion Planner

Pruchase, Ny

Interpreted and reported complex financial analysis and business information. Identified and initiated process improvements regarding financial policies and systems. Worked with various groups to identify and analyze the financial ramifications of business trends. Supervised monthly report results and provided analysis for increased efficiencies. Drove financial aspects of quarterly business reviews and annual planning processes. Managed financial functions including ensuring financial controls and ensuring accuracy of financial data. Budgeted, controlled and reported all components of the P&L and balance sheet. Prepared weekly, monthly and quarterly forecasts. Presented financial results monthly to senior management. Approved price changes and customer credit terms.Accomplishments: • Part of a CPI team who implemented new controls in order processing which resulted in $2.3 million savings.• Implemented new commission structure for sales force resulting in a $1.5 million savings.• Implemented gross profit enhancement controls resulting in savings of $5.6 million.• Developed effective rates for sales force.