Job description:
Corporate Overhead and CAPEX Budget and Budgetary Control
- Aids in the preparation, review and consolidation of annual administrative expenses and capital expenditure for each department for uploading in the system and release to each department
- Prepares and sends out monthly reports of actual level of performance against the expected forecast or budget to concerned departments and responds to queries, if any
- Checks sufficiency of budget before processing release of request of payment form, processing payments for advances, reimbursements and authorized corporate expenditures, in the absence of the FMIS Manager
Financial Reporting
- Gathers monthly reports of several departments and consolidates information for preparation of financial management report package
- Converts data into financial analysis, significant ratios and financial highlights useful for management's decision making such as:
- a) providing information useful in investment, financing and other similar decisions and
- b) providing information useful in assessing cash flows and
- c) providing financial statements analysis of prospective suppliers/ vendors useful in bidding process
- Assists in preparation of accurate consolidated financial statements, and the related schedules on a regular basis required by regulatory agencies
- Prepares accurate separate financial statements of ALCO (Arthaland Corporation, parent Company) Group and other business units, and the related schedules on a regular basis required by management or other units
- Performs other financial analysis and ad hoc duties as assigned by his/ her superiors.
System and Procedure Review
- Provides support in system and procedure review, formalizing guidelines on development and setting up internal controls on new or proposed changes in existing processes and procedures and system improvements in the finance group and assists in migration of manual books to computerized accounting system (SAP)
- Aids in documentation of finalized financial policies and procedures
- Draft recommendation memorandum
- Draft operating procedures manual
