ACHIEVES RESULTS
Situation: Management of Company Budget, $2 Million Dollars.
Task: Maintain, co-ordinate and deliver the budget for Adjuster Corp and to identified and meet the organisational expectation of 5% overall cost savings. Action: Since 2017, I developed in conjunction with CEO a yearly annual budget build process. With my high level of accounting skills and qualifications, I comprehensively disassemble more than 1000 lines of individual cost sub-accounts which generates the Adjuster Corp Budget. This included understanding and reviewing more than 20 cost centre codes linked to each work unit and the allocated budgeted reasonings. I work throughout the year monthly with Finance Managers to assist in reporting requirements to the board of directors on behalf of the CEO. I continue to apply and provide advice on Adjuster Corp policy and procedure regarding the spending expectations of discretionary and capital funding. Annually, approximately two-months before the budget hand down, I review the previous year’s deficiencies. This includes audits, analysing of data and meetings with middle managers to offer training and advice. A month prior the budget build consultation process begins with management. I formulate and disseminate a budget build spreadsheet which consists of pervious budgets from the past three years all of which assists managers to develop budgets quickly and with ease for their respective work units. During this process I ensure I am available to help answer any associated budget questions. Once all 17 independent budgets are received, I review each and address all associated concerns of expenditure prior to consultation with the CEO. I combined and link all budgets in consultation with the CEO. Every work units’ budget is deliberated on, line by line, which takes approximately two weeks. Result: Through my successful management and high level of professional governance practices, Adjuster Corp has remained under budget, in surplus and consecutively meets yearly organisational cost saving expectations. I have detected operating deficiencies ranging between $50k and $200k byway of my proactive portfolio audits subject to my knowledge of accounting principles and audit processes. Annually, all budgets are successfully allocated by myself, while I directly communicate with middle managers through formal processes to address identified concerns. During quarter three, if company has incurred any savings this is reallocated back into work units per the requirements of the CEO, improving facilities and resources where they are most required.
DISPLAYS PERSONAL DRIVE AND INTERGRITY
Situation: (2019) Flexible Working Arrangements (FWA). Task: Establish and conducted a review into current approved FWA agreements and implement new process to assist in company Financial Management Practices. Action: I identified through quires from local managers there was no process other than receiving notification by HR on monthly approved FWA as these are manage locally. I evaluated the current process and the absence of not having a business overviewing process and found that this could result in great financial implications on the company budget if a governance process was not implemented. I consulted by email and phone with the SER Finance Manager to seek their input regarding processes of monitoring financial and operationally numbers of FWA to assist with the best approach for the Adjuster Corp. I commenced review of the data available and actively started to formulate a spreadsheet that automates the supplied HR data to eliminate human error, this will now assist in better quality reporting on costs associated with approving FWA’s. I consulted with senior police management on best ways to adopt and manage the FWA database effectively and efficiently by managing the process through Microsoft Teams. I prepared and developed an organisational new process. I clearly and confidently presented the draft FWA database to the CEO. I actively listened and addressed the CEO concerns by providing clarification where appropriate and identified other alternatives strategies to any of his concerns. I showed how powerful the establishment of this new process is to management in forecasting costs associated with FWA and the impact to the company. Upon completion the CEO endorsed the new processed and planning is in the process to provide training to local managers on maintaining the FWA database located in Microsoft Teams. Result: The new implemented FWA company process has identified calls for organisational review specific to risks of future budget impacts associate with FWA. Through taking the initiative to establish this database Adjuster Corp has identified a circa 100k differential in actual funding of FWA which has a flow on effect across organisationally annually.