Creating Purchase Orders for capital projects, managing IT budgets, and providing financial analytical support to business owners on capital projects; compare actuals and trend analysis of forecast/spend. Perform analysis on ad hoc special projects, wire transfers, new vendor setup and respond to overdue invoice inquiries from vendors and internal stakeholders.
Detailed Description
• Accounting for IT capital & expense invoices received against respective budgets, obtaining appropriate approvals and ensuring timely processing by Accounts Payable (paid $15M monthly). • Assisting in capital planning process for both future capital spending and the evaluation of past capital projects. • Supporting preparation of month-end, quarter-end and year-end financial results, auditing line items and explaining variances. • Training HBC India associates on financial systems, policies, overseeing their work, and ensuring accuracy of our financials. • Helping clean up backlogged unpaid invoices by developing IT invoicing review fast track process, solicited management buy- in and trained offshore support team to implement it (an average of 600+ invoices a month). • Guiding project managers on HBC capital policies and accrual accounting principles in their project dealings with vendors, cross border contracts, spending limits, withholding taxes and legal business entities (Hudson’s Bay, Saks and Lord & Taylor).
