Assignment 5007 Financial Control Aerocan UK is part of the Aerocan group. We manufacture aluminium cans primarily for the cosmetics industry for large companies including Unilever and Coty. I am the supplying and materials manager, which makes me answerable for completely black materials coming into the plant and planning of guest indian lodges and future demand. As Aerocan UK is part of a larger group not all of our accounting leans argon completed on site here(predicate) in the UK the main(prenominal) purse string section reside in capital of Belgium at our head office. altogether functions within the organisation here in the UK are control by the plants Annual budget/Forecast this forecast is generated by the Board and senior way team. The forecast then drives the doing targets for the year which then in frolic generate the forecasts for raw materials requirement and resources. As the UK division we do operate actually much like a break dance comp any with our knowledge m unmatchabletary department responsible for salaried suppliers, and ensuring our customers pay on time it can get a bit more complex with new(prenominal) payments as we also imbibe payments for other plants production and vice versa at times.
Another divisor to hand is that of spending/investment this decision is not interpreted without the level approval of the board and RFAs being brocaded therefore to support the request for investment. Other than that the relationship mingled with our monetary and other functions are quite threadbare How my responsibilities worry to our financial c ontrols is detailed below: Currently we use! one native system within the company to process every(prenominal)thing this is an ERP (Enterprise pick Planning) cognise 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 ask analysing then Microsoft Excel is used 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, order it on our website: OrderCustomPaper.com
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