CFO: preparing financial steering.
Karim prepares your cash forecasts and your steering files.
- Steer
- Committee files, Indicators provided
- Prepare
- Cash forecast, Documented assumptions
- Track
- Known deadlines, Questions to decide
Gather the figures and their explanations to prepare management discussions.
Management control: explaining variances.
Karim reconciles budget and actuals, then documents the variances.
- Gather
- Budget and actuals, Supporting documents
- Analyze
- Broken-down variances, Factors to examine
- Report
- Comments, Management report
Link changes in the figures to the available information to prepare reporting.
Accounting: preparing review and closing.
Karim organizes the documents and prepares the checks for your chartered accountant.
- Organize
- Documents and receipts, Missing items to flag
- Reconcile
- Export comparison, Variances to check
- Plan
- Closing calendar, Dependencies to track
Prepare reconciliations on the data provided and organize the closing steps.
Example: Compare actuals with the budget and prepare the reporting.
- Sources
- Budget, actuals, supporting documents
- Result
- Variance analysis and comments
- Missions followed
- Compare actuals with the budget (every month) ; Prepare the cash position (every monday) ; Collect the missing receipts (one-off)
Karim reconciles your spreadsheets and prepares the reporting with the variances to examine. You review the result.