Job Description
Perform monthly reviews and pre finance review tasks for the assigned stations and cover the specific areas comprehensively, highlight areas of concern and ensure any red flags are addressed promptly and escalated as required. Compute the Outstation Control Framework (OCF) risk ratings on a quarterly basis to ensure compliance by stations as per the procedures laid down in the Finance & Accounting Procedures Manual for Overseas Stations (FAMOVS) through the monthly review process.
Job Outline:
- Conduct monthly review of assigned stations by generating and compiling the Business Intelligence Application reports, Bank Reconciliation statements, Finance costs, General Ledger Nominals, Finance Key Performance Indicators (KPIs). Query the stations in an appropriate manner and ensure that there is adequate explanation for any deviation / variance.
- Conduct extensive analysis to ensure that the monthly review performed is of high quality. Highlight any deviations and discuss with Regional Finance Manager Outstations (RFMO) accordingly. Suggest and implement improvements to the monthly review procedures so that they are performed efficiently.
- Ensure monthly review is performed in the agreed format and for the specified stations in a timely manner. Ensure that all exceptions are highlighted and discussed with the Manager Finance Outstation (MFO). Appropriate corrective action to be initiated as required with the station.
- Perform a review of the OCF ratings of the assigned stations. Retain the basis for such scoring and provide the variance explanation in a clear and comprehensive manner.
- Ensure that all issues identified by monthly review are captured in the Issue Repository maintained by OF&RM. Follow up on all open issues with the station, and ensure to obtain appropriate evidence and close them on time. Escalate to line manager where open issues have not progressed in a timely manner.
- Ensure appropriate analysis and data mining techniques are applied while providing support to MFO in active corporate projects.
- Provide regular analytical support to RFMO on finance review tasks for assigned station which are carried out at the headquarters.
