ABACARE: Created Reporting
Abacare outsourced accounting and setup a new Finance Team in Cebu. As a result financial information was limited, received quite late and the information was not useable by the existing Team.
Used limited information to create meaningful monthly profit and loss reports, cash flow and operational KPI. This allowed me to discuss with the Managing Directors across the Region their performance and make them aware of area of improvement.
Latest Projects
ABACARE: Budget
Budget process was implemented a year ago and the budget process was difficult to manage as various template were needed to be completed by country in order to get to the final budget numbers.
Implemented a unique budget template by country, in which the information was pre-populated with actuals and all information needed were in the same template (e.g. revenue, payroll, assets, T&E, other costs, bonus compensation calculation, cetc). This allowed each Managing Director to be more in control of their numbers and see the impact at each level of their budget assumption.
PROJECTS
There is always room for improvement to make processes more effective, to cut on manual tasks and reduce errors. In most cases, we will try to get resource from IT in order to get the project started and done. However due to budget constraint and an ever changing IT environment it is usually not possible to get adequate IT allocation to get the change done and implemented in reasonable time scale. For this reason I developed skills in working with or without IT (and other departments) in order to implement change quickly and make huge differences in the quality of the work done.
LOCKTON: Forecasting
When I joined Lockton Asia, they were a lack of accurate financial information by country and by department. Due to lack of time, resource and time consuming task it was not possible to do any work on forecasting despite recurring financial constraint by some country.
Implemented monthly forecast for revenue and payroll for each department and country. Forecasting revenue were pre-populated with YTD actuals by client and with budget by client. Head of each departments had to complete their forecast within 3 days and submit back their numbers for review. This allowed Finance, HQ and CEO to work closely with their Team and to forecast cash flow impact based on their submitted numbers.
Specific Projects
