Financial Adviser - Defence Management Systems Information Multiple Projects
This project assignment covered the entire Defence Accounting systems including treasury general ledger, payroll, inventory and many other manual and semi manual reporting, analysis, consolidation, and reporting systems.
It highlighted that Defence was spending $3 in excess by way of manual processes compared to every $1 on expended on maintaining the treasury general ledger system.
This inhibited the integrity and timely reporting of Defence financial performance. Activities undertaken during this assignment included:
Assisted in developing good financial management and corporate governance strategies as part of a $40 million start up Defence Management System Improvement DMSI project with the Department of Defence.
·Initiated a massive financial change management program within the Department of Defence.
·Determined the baseline costs of producing the financial reports of the Defence Department.
·Reviewed the proposed chart of accounts.
·Developed business rules and financial policies relating to external and internal reporting.
·Undertook performance analysis, and customer supplier arrangements, on behalf of Navy and the Air Force.
·Reviewed financial systems platforms including SAP general Ledger, Peoplesoft Payroll, and MIMS asset management & inventory.