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Desiree Hennessy
Founder at uMemberMe LLC
Professional Background
Desiree R. Hennessy is an accomplished financial and operational executive with an extensive career that spans across various sectors including start-ups, high-growth companies, and Fortune 100 organizations. With a robust background in finance and operations, Desiree has honed her skills in a variety of industries such as real estate, financial services, telecommunications, and biotechnology, alongside service and manufacturing. Her significant roles in executive positions demonstrate her expertise in navigating complex financial landscapes and contributing to the growth and efficiency of the enterprises she has served.
As the Founder of uMemberMe LLC, Desiree has demonstrated her entrepreneurial spirit while driving financial and operational strategies that propel businesses toward success. Her previous leadership roles include acting CFO and Financial Consultant at Engage3, where she offered invaluable insights and financial oversight that aided the organization in achieving its strategic goals. Furthermore, her experience as Treasurer at Clear Capital and Vice President of Finance at Jomed, Inc. and Wavve Telecommunications, Inc. showcases her capability in overseeing financial operations and ensuring fiscal responsibility in both stable and turbulent market conditions.
Desiree’s early career included significant responsibilities as a Senior Manager of Accounting & Finance at NEC Electronics, where she played a crucial role in financial planning and strategy, and as a Manager of Accounting and Financial Planning at Grass Valley. Her expertise in consolidations and management reporting was further demonstrated during her tenure at Raychem, a part of Tyco Electronics and Tyco International, and as European Controller at Kaypro Corporation where she effectively managed financial operations in a multinational context. Her role at Amdahl Corporation as a Manager of Revenue Accounting and as a Staff Accountant at Ernst & Young laid a strong foundation for her advanced financial career, equipping her with a comprehensive understanding of accounting principles and practices.
With a keen focus on financial management and operational efficiency, Desiree excels at Treasury Management, Financial Planning and Modeling, Financial Statement Preparation and Analysis, and Cost Reductions. She leverages her capabilities in valuations and due diligence reviews to provide robust financial oversight and strategic insight in the companies she has worked with. Desiree’s innate understanding of reorganizations and integrations allows her to streamline processes and improve workflow within organizations, all while ensuring alignment with overarching business objectives and growth plans. Her adeptness at Financial Systems Integration further positions her as a key player in making financial operations more efficient and effective.
Education and Achievements
Desiree holds a Bachelor of Science degree in Business with a concentration in Accounting from San Jose State University. This academic foundation has been instrumental in her understanding of accounting practices and principles, allowing her to climb to impressive heights in her career. Her educational background complements her practical experience, equipping her with the knowledge and skills required to navigate complex financial challenges.
Throughout her career, Desiree has consistently been recognized for her significant contributions to her teams and organizations. She has led numerous successful initiatives aimed at enhancing financial systems and operational processes, ensuring that businesses not only thrive but also maintain solid financial health. Desiree's practical approach and commitment to continuous improvement have established her as a trusted financial leader and advisor among her peers.
Achievements
- Founder at uMemberMe LLC: Launched and established this company, successfully implementing financial and operational strategies for growth and sustainability.
- Acting CFO / Financial Consultant at Engage3: Provided critical financial oversight and strategic planning that enabled the company to enhance its operational efficiencies and live up to market demands.
- Treasurer at Clear Capital: Spearheaded financial strategies and treasury management initiatives that helped in resource optimization and risk management.
- Vice President of Finance roles at Jomed, Inc. and Wavve Telecommunications, Inc.: Played pivotal roles in financial leadership, contributing significantly to both companies' fiscal responsibilities and operational improvements.
- Senior Manager at NEC Electronics: Managed accounting and financial processes that supported corporate strategy and operations in a global business environment.
Through her career, Desiree R. Hennessy has built an impressive record of accomplishments in financial management and operational excellence. With her wealth of experience and a proven track record of successful outcomes in various roles, she is well-recognized in the finance community and continues to be a dynamic leader in her field.
