Financial Planning and Cost Control

Lead the team in preparation of Business Plan and Annual Budget
• Liaise with Budget Responsible Officers (BROs) for the preparation of department-wise Budget templates and consolidate inputs
• Lead the BA in review and update Project Proposals and Initiative Documents to support the Business Plan
• Prepare the 5 Year Work Program inclusive of the Annual Budget based on the data received from the various BROs and their teams
• Prepare mid-year budget revision for all Capex and Non-Routine Opex Expenditure Projects
• Review Authorization for Expenditure (AFE) for Capex / Non-Routine Opex Expenditure projects
• Supervise team to ensure Purchase Requisitions (PRs) are within the approved budget for Routine Expenditure and / or approved AFEs
• Guide the team to manage the Funding Status for contracts that are proposed for Tenders and Contracts Committee approval
• Lead in preparing quarterly forecast and variance analysis of actual against forecast figures and highlight major variances to BROs for budget control
• Lead in preparing quarterly Project Status Report for all Capital and Non-Routine Operating Expenditure Projects with commentary
• Review monthly Cash Calls and Cash Forecast statements.
• Attend the periodic management meetings for budget co-ordination
• Support the Dty FC and FC in preparation of the annual KPIs reporting