Familiarisation with the company's financial performance
5
Understanding the role and responsibilities of an assistant financial controller
6
Meeting with the financial controller
7
Access to relevant finance and accounting systems
8
Review of recent financial reports
9
Training on financial report preparation
10
Introduction to company's financial audits
11
Setup of company email and other communication channels
12
Approval: Manager for first financial report preparation task
13
Understanding budgeting and forecasting processes
14
Training on financial data analysis tools
15
Development of understanding on regulatory compliance
16
Briefing on company's investment strategies
17
Meeting with the Chief Financial Officer
18
Guidance on teamwork and collaboration within finance team
19
Review of company's tax strategies
20
Understanding the end-of-month financial closing procedures
Introduction to the finance team
In this task, you will be introduced to the finance team. This will help you understand the different roles and responsibilities within the team and how they contribute to the overall financial operations of the company. By the end of this task, you will have a good understanding of the team structure and be ready to collaborate effectively with your colleagues.
1
Finance Manager
2
Accounts Payable Specialist
3
Financial Analyst
4
Payroll Administrator
5
Assistant Accountant
Overview of company financial policies
In this task, you will receive an overview of the company's financial policies. This will include information on expense reimbursement, travel policies, procurement procedures, and other guidelines related to financial transactions. Understanding and following these policies is crucial for maintaining compliance and ensuring the accuracy of financial records. By the end of this task, you will have a clear understanding of the company's financial policies and be able to apply them in your role as an assistant financial controller.
1
Expense reimbursement
2
Travel policy
3
Procurement procedures
4
Financial reporting guidelines
5
Authorization matrix
Training on finance and accounting software
In this task, you will receive training on the finance and accounting software used by the company. This software is essential for managing financial transactions, generating reports, and analyzing financial data. By the end of this task, you will be proficient in using the software and be able to leverage its features to support your daily tasks as an assistant financial controller.
1
General ledger management
2
Accounts payable/receivable
3
Financial reporting
4
Budgeting and forecasting
5
Data analysis
Familiarisation with the company's financial performance
In this task, you will familiarize yourself with the company's financial performance. This includes reviewing financial statements, analyzing key performance indicators (KPIs), and understanding the factors that influence the company's financial performance. By gaining insight into the company's financial performance, you will be better equipped to contribute to strategic decision-making and drive financial growth. Make sure to ask questions and seek clarification if needed to gain a comprehensive understanding of the company's financial performance.
Understanding the role and responsibilities of an assistant financial controller
In this task, you will gain a clear understanding of the role and responsibilities of an assistant financial controller. This includes overseeing financial operations, preparing financial reports, analyzing financial data, and supporting the financial controller in various tasks. By the end of this task, you will have a complete picture of what is expected from you in your role and be ready to take on your responsibilities with confidence.
Meeting with the financial controller
In this task, you will have a meeting with the financial controller. This is an opportunity to discuss your role, clarify any queries, and establish a strong working relationship. By the end of this task, you should have a clear understanding of the financial controller's expectations and be aligned on goals and objectives.
Access to relevant finance and accounting systems
In this task, you will be granted access to relevant finance and accounting systems. This includes granting permissions to the software tools necessary for your role. By the end of this task, you will have access to the required systems and be ready to start using them to perform your tasks effectively.
1
Accounting software
2
Payroll software
3
Budgeting software
4
Data analysis tools
5
Expense management system
Review of recent financial reports
In this task, you will review recent financial reports. This will give you an overview of the financial performance of the company over a specific period. By analyzing these reports, you will be able to identify trends, anomalies, and areas for improvement. By the end of this task, you should have a good understanding of the company's recent financial performance.
Training on financial report preparation
In this task, you will receive training on financial report preparation. This includes guidance on gathering relevant data, formatting reports, and ensuring accuracy and completeness. By the end of this task, you will be able to prepare financial reports that meet the company's requirements and provide valuable insights for decision-making.
Introduction to company's financial audits
In this task, you will receive an introduction to the company's financial audits. You will learn about the purpose of audits, the audit process, and your role in supporting the audit team. By the end of this task, you will have a clear understanding of how financial audits contribute to maintaining financial integrity and compliance.
Setup of company email and other communication channels
In this task, you will set up your company email and other communication channels. This will ensure that you have seamless communication with your colleagues and other stakeholders. By the end of this task, you will have a functioning email account and be familiar with the communication channels used within the finance team.
Approval: Manager for first financial report preparation task
Will be submitted for approval:
Training on financial report preparation
Will be submitted
Understanding budgeting and forecasting processes
In this task, you will gain an understanding of the budgeting and forecasting processes used by the company. This includes learning about budget preparation, variance analysis, and forecasting techniques. By the end of this task, you will be able to contribute to the budgeting and forecasting activities of the company.
Training on financial data analysis tools
In this task, you will receive training on financial data analysis tools. These tools are essential for analyzing financial data, identifying trends, and extracting meaningful insights. By the end of this task, you will be proficient in using these tools to support data-driven decision-making.
1
Microsoft Excel
2
Tableau
3
Power BI
4
Python for data analysis
5
R programming language
Development of understanding on regulatory compliance
In this task, you will develop an understanding of regulatory compliance in the financial industry. This includes learning about relevant laws, regulations, and best practices. By the end of this task, you will have the knowledge and awareness to ensure compliance in your role as an assistant financial controller.
1
Anti-money laundering
2
Data privacy
3
Internal controls
4
Financial reporting standards
5
Tax regulations
Briefing on company's investment strategies
In this task, you will receive a briefing on the company's investment strategies. This includes understanding the company's approach to investment decisions, risk management, and return on investment. By the end of this task, you will have a clear understanding of the company's investment strategies and be able to align your financial activities accordingly.
Meeting with the Chief Financial Officer
In this task, you will have a meeting with the Chief Financial Officer (CFO). This is an opportunity to discuss strategic financial objectives, long-term financial planning, and the overall financial direction of the company. By the end of this task, you should have a good understanding of the CFO's expectations and be aligned on the company's financial goals.
Guidance on teamwork and collaboration within finance team
In this task, you will receive guidance on teamwork and collaboration within the finance team. This includes understanding the importance of communication, sharing knowledge, and supporting each other in achieving common goals. By the end of this task, you will have the tools and knowledge to collaborate effectively with your colleagues in the finance team.
Review of company's tax strategies
In this task, you will review the company's tax strategies. This includes understanding the company's tax planning, compliance with tax laws, and optimizing tax benefits. By the end of this task, you will have an overview of the company's tax strategies and be able to contribute to maintaining tax efficiency.
Understanding the end-of-month financial closing procedures
In this task, you will gain an understanding of the end-of-month financial closing procedures. This includes learning about the activities involved in closing financial accounts, reconciling transactions, and generating financial reports. By the end of this task, you will be able to support the financial controller in completing the month-end closing procedures accurately and efficiently.
