2. At the most fundamental level, financial management is
concerned with managing an organization's assets,
liabilities, revenues, profitability and cash flow. Strategic
financial management goes a step further in ensuring that
the organization remains on track to attain its
short-term and long-term goals, while maximizing
value for its shareholders.
4. Financial Value Addition
Setup New Budgets
Apply Cash
Monitor Cost Share
Process Request to Transfer Expenditure
Generate Invoices
Collect Aged Receivables
Negotiate payables
Create Monthly & Annual Reports
Reconcile Awards & Expenditures
Create Reporting Statements
Close Budgets
Reconcile & Analyze Records
ACTIVE
NEGOTIATION
NEW
BUDGETS
CLOSING BUDGET
ACCOUNTING
5. Define the problem
Measure the gap, listen to the
process
Analyze data to determine root
causes
Improve the process – Implement the
solution
Control the process, standardize, and
document – Sustain the gains
Control
Improve
Analyze
Measure
Define
6. November December January
Task 1
Task 2
Task 3
Task 4
Task 5
1. Studying The Company’s Background.
2. Up-to-date Ledgers Accurately for Reliable Statement of
Financial Position.
3. Drafting Accounting Manual for Best Practice.
4. Preparation of 6 Months’ Cash Flow Projection.
5. Preparation of Divisionalized Monthly Financials.
7. Reliable
Reporting
Best
Practice
Budget
Forecasting
Real-time
Accounting
• Customizing Sage
Reports
• Update Ledgers
Accurately
• Manage Stock
Accounts’
Transactions
• Formatting Reports
• Drafting Reports
• Checking Accuracy
• Present to board
• Listing of Project
activities
• Collecting Quantity
Budgets from each
Departments
• Planning Cash Flow
Requirement
• Studding currant
Practices.
• Analyze with
Industry Best
Practice.
• Drafting Procedure
Manual
ActivitiesOutcomes
• User Friendly
System Interface
• Accurate Database
• Departmentalized
Monthly Account
set
• Cash flow Analyze
for next 6 Months
since 1st Jan 2015
• Good company
Procedures
Phase 3Phase 2Phase 1 Phase 4
