Offshore Management Controller

What can a Remote specialist of the Myspecialist network do for your application for "Offshore Management Controller"?

A budget set at the start of the year and rarely revisited, margins known only at year-end close, costs that are hard to allocate between activities, monthly reporting that arrives too late to correct anything: in many SMEs, management steers without a clear view of actual profitability. Management control relies on a detailed reading of accounting and operational figures, reliable monitoring tools and the ability to explain variances to non-financial stakeholders.

Here is what an Offshore Management Controller from MySpecialist can take on:

• Budget preparation: building the annual budget by activity, department or cost centre based on historical data, commercial assumptions and management objectives.
• Forecasts and reforecasts: regularly updating revenue, cost and profit forecasts based on actual activity.
• Budget versus actuals monitoring: comparing monthly actuals with budget, analysing significant variances and identifying their causes.
• Profitability analysis: calculating margins by product, customer, project, channel or site, and highlighting activities that create or destroy value.
• Management accounting: defining allocation keys, allocating indirect costs and checking the consistency of cost centre postings.
• Cost price calculation: determining the full cost of products, services or projects to inform pricing and trade-off decisions.
• Management dashboards: designing and updating financial and operational indicators in Excel, Power BI or the company’s reporting tool.
• Monthly reporting: preparing management reports with key figures, trends, commented variances and points of attention.
• Cash flow forecasting: building and updating the cash plan based on known receipts, payments and commitments.
• Period-end support: preparing cut-off items, provisions and consistency checks in coordination with the accountant or accounting firm.
• Ad hoc studies and decision support: costing investments, modelling scenarios, analysing the impact of a price increase or a new hire.
• Management process improvement: making source data more reliable, automating recurring reports and documenting calculation rules.

The management controller can set up a first steering framework in an SME that does not yet have one, or strengthen an existing finance function during budget cycles, closings or a reorganisation.