MAIN OBJECTIVES:
C oordinate the preparation of GF annual operating and capital budget. To maintain all aspects of the budget, which includes maintenance of the budget in general ledger, process capital expenditure, keep records of all budget documentation and submissions. Ensure that all revenues and expenses of the Company are validated, recorded in accordance with Company’s procedures and manuals, and properly distributed to the various departments. Monitor costs versus budgets and identify trends to enable effective budgetary control to be exerted.
MAIN DUTIES:
- Co-ordinate the annual/semi-annual budget preparation process with all departments, maintenance and preparation of the budget system for the annual budgeting process.
- Analyze and prepare detailed statistics relating to fleet and root schedules for operating year.
- Analyze and prepare detailed statistics and financial manpower budget for annual budget purpose. Prepare detailed reports relating to operating, capital and manpower budget for review by CEO and Chiefs.
- Design effective budget models for departments and the entire company. Plan, evaluate, design and implement company’s budget, ensuring business growth and compliance with company’s plan.
- Control utilization of approved budget and maintain budget integrity. Coordinate with departments on procedures and requirements to utilize approved budget.
- Review all capital project requests and initialize within system.
- Analyze financial information (e.g. revenues and expenditures) to ensure all operations are within budget
- Participate in preparing the annual and monthly financial statements by compiling schedules of revenues and expenses.
- Identify variances between actual and budgeted financial results at the end of each reporting period
- Ensure proper distribution of revenues and expenses among all departments and costs centers.
- Ensure compliance with accounting policies and procedures, properly supported by supporting documents, and comply with the delegated authorities.
- Assist in the annual audit. Oversee periodic reconciliation of all accounts and monitor posting, balancing and reconciling of ledger accounts related to stations ensuring completeness to meet audit requirements.
- Design and implement effective budgeting policies and procedures.
- Design effective budget models/forecasts for departments and the entire company.
- Provide financial studies/performance related to route operations current and planned.
- Assist in financial analysis relating to other departments within the company.
- Provide costs calculation for charter operations, review and signoff the financials on the business cases.
- Review and signoff the costs in relation to network optimization and schedule changes.
- Prepare financial analysis of strategic projects and long term plans.
- Perform adhoc requests when required by the company.
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