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Denise Applegate is a seasoned CPA with 17 years of experience in financial analysis, reporting, and process improvement. She has held various leadership positions, including Assistant Controller at NORC at the University of Chicago and Accounting Operations Manager at Newly Weds Foods. Denise is proficient in English and Spanish and holds a Bachelor's Degree in Accounting from Indiana University - Kelley School of Business.

Credentials

  • Certified Public Accountant (Registered)
    Illinois Department of Financial and Professional Regulation
    Nov, 2006
    - Apr, 2026
  • Costpoint Certification with Accounts Payable Exam
    Deltek University
    May, 2020
    - Apr, 2026
  • Costpoint Certification with Billing and Accounts Receivable Exam
    Deltek University
    May, 2020
    - Apr, 2026
  • Costpoint Certification with General Ledger Exam
    Deltek University
    May, 2020
    - Apr, 2026
  • Costpoint Certification with Labor, Leave, and Payroll Exam
    Deltek University
    May, 2020
    - Apr, 2026
  • Costpoint Certification with Projects Exam
    Deltek University
    May, 2020
    - Apr, 2026
  • Costpoint Master Certification Exam
    Deltek University
    May, 2020
    - Apr, 2026
  • WELD Certification in Government Boards & Commissions Governance
    Women for Economic and Leadership Development (WELD) - National

Experience

    • Assistant Controller
      • 2007 - Present
      • Chicago, IL

      Assistant Controller (2023 - Present)Director of Accounting (2011 – 2022)Senior Manager of Accounting (2007 – 2011)Lead a department of 18 in all daily accounting operations, including payroll, A/P, A/R and G/L. Maintain internal controls to ensure compliance with Cost Accounting Standards, Federal Acquisition Regulations, Service Contract Act and Generally Accepted Accounting Principles (GAAP). Coordinate external and Defense Contract Audit Agency (DCAA) audits and prepare financial statements and footnotes in compliance with OMB Uniform Guidance.• Reduced invoicing cycle by one day and eliminated paper flow by designing, testing and implementing electronic customer and vendor invoice workflows on MS SharePoint.• Decreased month-end close cycle work by three days, improving cash flow and accelerating monthly financial reporting to management.• Received personal recognition award within first year of employment for assisting with the design, testing, and implementation of a complete restructure of indirect rate cost pools and allocation methodology.• Developed compliance plan for new revenue recognition accounting standard and trained an interdepartmental team on evaluating more than 900 projects.

  • Newly Weds Foods
    • Chicago, IL
    • Accounting Operations Manager
      • 1992 - 2007
      • Chicago, IL

      Accounting Operations Manager (2002 – 2007)Financial/Budget Analyst (2001 – 2002)Staff Accountant (1992 – 2001) In final promoted role here, served as U.S. liaison to accounting departments in five wholly owned and three joint venture international locations. Managed staff of six, and five dotted-line international staff. Directed the analysis, review and consolidation of international monthly financial results, budgets, cash flows. Collaborated with local and US management in hiring of their key accounting staff. Performed internal audit of international accounting department policies, procedures and internal controls and implemented corporate best practices at their sites. Coordinated global external audit and prepared consolidated financial statements and footnotes. Additionally, responsible for directing domestic cost accounting projects, the preparation of eight P&L line budgets and other daily accounting operations such as fixed asset accounting, A/P disbursements and auditing of all travel and entertainment expenses.• Realized savings of 16 hours each month by leading teams to develop, test, and implement an automated system allocating corporate wages and related expenses to operating divisions.• Increased profit margins by leading team that created new pricing system, allowing costs from 12 domestic locations to be selected in determining product prices.• Oversaw accounting due diligence of four major acquisitions (one was in China), with purchase prices from $12M to $62M. Commanded successful integration of all accounting operations by analyzing and blending current procedures, training new accounting staff, and integrating software.• Directed collection on $200K insurance claim by detecting expense report fraud, and leading an internal forensic audit that covered 200+ expense reports spanning four years.

    • Assistant Director of Accounting
      • 1989 - 1991
      • Chicago, IL

  • World Book, Inc.
    • Chicago, IL
    • Supervisor - International Accounting
      • 1986 - 1989
      • Chicago, IL

      Supervisor-International Accounting (1988 – 1989) Financial Analyst (1986 – 1988)

  • Crowe
    • South Bend, IN
    • Staff Accountant
      • 1984 - 1986
      • South Bend, IN

Education

  • Indiana University - Kelley School of Business
    Bachelor's Degree, Accounting

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Industry Focus. “Accounting”

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