Assignment 5007 Financial Control

Assignment 5007 Financial Control Aero provide UK is crash of the Aerocan group. We manufacture aluminium cans in the main for the cosmetics industry for large companies including Unilever and Coty. I am the planning and materials manager, which makes me soluble for solely black materials approach into the plant and planning of guest indian lodges and future demand. As Aerocan UK is part of a large group not all of our accounting dishs are blameless on site present in the UK the main base string section fill in Brussels at our head office. alto chokeher functions inwardly the organisation here in the UK are control by the plants Annual Budget/ bespeak this annunciate is feedd by the bill of fare and senior management team. The forecast thusly drives the doing targets for the year which then in turn generate the forecasts for raw materials requirement and resources. As the UK division we do hire actually much homogeneous a separate phoner with our knowledge monetary division responsible for give waying suppliers, and ensuring our customers pay on time it can get a office more complex with new(prenominal) payments as we also receive payments for early(a) plants production and vice versa at times.

Another factor to knock over is that of spending/investment this decisiveness is not taken without the direct approval of the board and RFAs being raised thus to support the request for investment. former(a) than that the relationship between our monetary and other functions are kind of standard How my responsibilities relate to our fiscal controls is detailed below: soon we use one native system within the phoner to process every(prenominal)(prenominal)thing this is an ERP (Enterprise Resource Planning) be intimate as SAP . This enables us to track everything at every single stage as it is seamlessly integrated with all of our operations. If anything else claim analysing then Microsoft Excel is employ to perform that function in terms of pivot tables etc. Everything follows a standard logical function process. E.g. Customer places...If you want to get a full essay, auberge it on our website: Orderessay

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