These offerings are designed to provide financial transformation advice and solutions. These services include:
Assessment
Current state assessment report. Identified business requirements for Finance, budget, and processes
Implementation and Operational Support Knowledge transfer to employees and on-the-job training. Budget versus actual monitoring report Preparing the annual budget and medium-term financial plans. Fixed assets counting, Tagging, and register Accounting Bookkeeping and financial statements preparation Budget execution and monitoring
Planning and Development
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- Develop key performance indicators for finance, budgeting, and procurement.
- Develop a financial reporting framework that supports the decision-making process.
- Develop a Target operating model for finance, budgeting, and procurement, which includes:
- Determine the strategic objectives of the department.
- Organizational structure and job descriptions. Service delivery model.
- Internal and external interactions. Service level agreements.
- Key performance indicators.
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- Develop a delegation of authority matrix.
- Develop implementation roadmap.
- Developing finance, budgeting, and procurement policies and processes manual
- Develop organizational structure and job descriptions for the finance department, as well as budgeting, financial planning, and procurement departments.
- Developing training programs
- Define Employee roles and responsibilities in accordance with the approved organizational structure.
- Developing mid-term financial planning methodology.
- Developing budget templates based on key assumptions and cost drivers to enhance financial accuracy.
- Developing budget reports and interactive dashboards to assist decision-makers and taking corrective action.