The position is responsible for the development and completion of EDC Group’s annual corporate budget and its subsequent management of the budget consumption for approved work programs, as well as the maintenance or upgrading of processes, policies, procedures and technology that supports the budgeting system administration. As such, this position serves as management’s primary instrument to enforce the rational utilization of corporate funds. He/she enforces company policies such as Budget Realignment, Budget Supplement, Budget Addition, Budget Return, Budget Carryforward and Advance Budget. To this end, he/she recommends to the BASS Head, CFO, President, Opscom and Board the approval or disapproval of budget requests.
He/she may be assigned, for any or combination of the following:
Timely development of annual corporate budget of EDC Group in tandem with ECG counterpart;
Timely processing of requests for budget realignment, supplement, addition, return carryforward and advance budget;
Timely uploading to the SAP ERP system (Controlling and BPC Budgeting Modules) the board-approved annual budget and any budget realignment, supplements, additions, returns carryforwards and advance budgets;
Providing relevant budget information to other Finance units and functional or vertical groups;
Ensuring the timely preparation of performance management reports, both regular and ad hoc requirements, that serve as basis for top management’s decision-making and in monitoring and controlling the budget utilization for approved work programs, when necessary or requested; and
Providing functional support as SAP super-user to ensure uninterrupted operation and maximum use of the Company’s SAP CO/BPC Budgeting modules including the Maximo system used for budget requests tracking.
