Finance Management: Difference between revisions

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The Finance Managers are professionals will provide core finance support to achieving Accounting & Finance team deliverables including, but not limited to, preparation and reporting of financial accounting data of the financial, tributary, economic and patrimonial situation of Secure Group.
Our Accounting & Finance Managers are here to ensure that the financial, tributary, economic, and patrimonial situation of Secure Group is effectively managed. They are methodic and organized when dealing with all sorts of documents, such as statements of income, accounts payable, and receivable tax guides. Another important aspect of this framework is the need to understand, organize, and ensure flexibility of all financial processes from our entities and report outcomes to the managers so we can constantly optimize our budget workflow. An extensive understanding of our business and how we manage financial transactions with partners, customers, and suppliers from all over the world is also essential to the success of this framework. Fast growth means not only succeeding in managing our finances but supporting our business in making cost-effective decisions related to our strategic goals.
 
= Progression =
In order to progress in our development path and Level Up or Step Up, our Accounting & Finance Managers must:
* Meet the criteria of the Level & Step Chart for the [[Management|Management Path]]
* Demonstrate proficiency in the Finance and Project Management Realms


In order to progress in our development path and Level Up, our Accounting and Finance Managers must:
* Meet the criteria of the Level Chart for the [[#Management|Management Path]])
</br>
</br>


<div class="center">
= Salary Grid =
= Salary Grid =
All mentioned salary ranges represent the monthly income in Bulgarian Lev after taxes and deductions.
All mentioned salary ranges represent the monthly income in Bulgarian Lev after taxes and deductions.
<div class="center">
<div class="center">
{| class="wikitable"
{| class="wikitable"  
!colspan="1" rowspan="2"|Finance Management Path
! rowspan="2" colspan="2" | Finance Management
!colspan="4"|Level
! colspan="4" | Step
|-
! 1
! 2
! 3
! 4
|-
|-
! rowspan="6" | Level
!1
!1
|2.500
|2.800
|3.600
|4.500
|-
!2
!2
|6.220
|6.520
|7.320
|8.220
|-
!3
!3
|9.350
|9.650
|10.450
|11.350
|-
!4
!4
|-
|12.090
!Coordinator
|12.390
|3.500
|13.190
|3.650
|14.090
|3.800
|3.950
|-
!Manager
|4.500
|4.650
|4.800
|4.950
|-
!Sr. Manager
|5.500
|5.650
|5.800
|5.950
|-
!Head of
|6.500
|6.650
|6.800
|6.950
|}
|}
</div>
</div>
</div>
</div>


= [[Knowledge_Management#Knowledge_Accountability_Index|KAI]] of the position =
= Realm =  
 
[[File:Finance_Realm.png|center|600px]]
<!-- JOB FRAMEWORK -->
[[File:PM_Realm.png|center|600px]]
<div class="grid two-columns">
<div class="">
  <div class="box-header center">
== General Knowledge ==
  </div>
  <div class="box-content framework">
    <div class="center">
{| class="wikitable"
!rowspan="1"|Concepts
|[https://en.wikipedia.org/wiki/Scrum_(software_development) Scrum]
|-
!rowspan="8"|Softwares/Tools/Platforms - Usage
|[https://en.wikipedia.org/wiki/Confluence_(software) Atlassian Confluence]
|-
|[https://en.wikipedia.org/wiki/Jira_(software) Atlassian Jira]
|-
|[https://www.bamboohr.com/ BambooHR]
|-
|[https://en.wikipedia.org/wiki/LastPass LastPass]
|-
|[https://www.msoft.bg/ Msoft STIL]
|-
|[https://www.small-improvements.com/ Small Improvements]
|-
|[https://www.idaptive.com/ Idaptive]
|-
|[https://www.webbsc.com/ WebBSC]
|-
!rowspan="2"|Softwares/Tools/Platforms - Configuration
|[https://www.bamboohr.com/ BambooHR]
|-
|[https://en.wikipedia.org/wiki/LastPass LastPass]
|-
!rowspan="3"|Languages (Idioms)
|Advanced English
|}
  </div>
</div>
</div>
 
<!-- JOB FRAMEWORK -->
<div class="">
  <div class="box-header center">
== Specific Knowledge ==
  </div>
  <div class="box-content framework">
    <div class="center">
{| class="wikitable"
!rowspan="19"|Concepts
|[https://en.wikipedia.org/wiki/Financial_analysis Account analysis]
|-
|Account balancing
|-
|[https://en.wikipedia.org/wiki/Accounts_payable Accounts Payable]
|-
|[https://en.wikipedia.org/wiki/Accounts_receivable Accounts Receivable]
|-
|[https://en.wikipedia.org/wiki/Balanced_scorecard Balanced Scorecard]
|-
|[https://en.wikipedia.org/wiki/Budget Budgeting]
|-
|[https://en.wikipedia.org/wiki/Corporate_law Business law and government regulation]: Bulgaria
|-
|[https://en.wikipedia.org/wiki/Corporate_law Business law and government regulation]: Canada
|-
|[https://en.wikipedia.org/wiki/Corporate_law Business law and government regulation]: USA
|-
|[https://en.wikipedia.org/wiki/Corporate_law Business law and government regulation]: Netherlands
|-
|[https://en.wikipedia.org/wiki/Financial_statement Financial statement]
|-
|[https://en.wikipedia.org/wiki/Fixed_asset Fixed assets]
|-
|[https://en.wikipedia.org/wiki/Free_cash_flow Free cash flow computing]
|-
|[https://en.wikipedia.org/wiki/Liability_(financial_accounting) Long-term assets and liabilities]
|-
|[https://en.wikipedia.org/wiki/Payroll Payroll management]
|-
|[https://en.wikipedia.org/wiki/Audit Professional, governmental, and internal auditing]
|-
|Reports compilation and presentation
|-
|Security and cost management control measures
|-
|[https://en.wikipedia.org/wiki/Tax_return Tax return preparation]
|-
!rowspan="1"|Softwares/Tools/Platforms - Configuration
|[https://en.wikipedia.org/wiki/Microsoft_Dynamics_NAV Microsoft Dynamics NAVISION]
|-
!rowspan="2"|Softwares/Tools/Platforms - Usage
|[https://en.wikipedia.org/wiki/Microsoft_Dynamics_NAV Microsoft Dynamics NAVISION]
|}
  </div>
  </div>
</div>
</div>
 
<!-- JOB FRAMEWORK -->
<div class="">
  <div class="box-header center">
 
= IT Knowledge =
  </div>
  <div class="box-content framework center">
    <div class="">
{| class="wikitable"
!System Administration
|-
!System Administration - Day to Day Ops
|-
!Networking concepts
|-
!Programming
|-
!Desktop Software Administration
|}
</div>
</div>
</div> <!-- grid -->
 
<!-- JOB FRAMEWORK -->
<div class="">
  <div class="box-header center">
= Secure Group Knowledge =
The first item we require proficiency regarding our company is the '''Secure Group Management Model''' (yes, the content in this wiki!). Besides that, we also need our employees to understand our products in all aspects as described in the following table:
  </div>
  <div class="box-content framework">
    <div class="center">
{| class="wikitable"
!colspan="1"|Secure Group Knowledge
!rowspan="1"|What's Expected
!rowspan="1"|Impact
!rowspan="1"|Product
!colspan="1"|Minimum Grade
|-
!rowspan="6"|User Documentation
|rowspan="6"|Good, user-level knowledge regarding the product and its functionalities. From the user documentation, all employees across the company are required to be well aware of our solutions’ core features and functions such as the Password Advisor or how to send an automatic crash report.
|rowspan="6"|This knowledge helps us facilitate a user-centric approach internally, which we believe is essential to develop our business and solutions. The user documentation helps team members understand user behavior and needs more thoroughly and feel the impact of their everyday efforts.
|Secure OS
|4
|-
|SAS
|3
|-
|Secure Chat
|3
|-
|Secure Email
|3
|-
|Secure Vault
|3
|-
|Secure Manager
|5
|-
!rowspan="6"|Sales Documentation
|rowspan="6"|Employees should gain significant knowledge regarding the business side of Secure Group. They need to be aware of commonly used concepts in our day-to-day activities such as our business and distribution model, value proposition, selling prices, key selling points, and target audience.
|rowspan="6"|The information in the Sales Documentation supports employees in their daily routine. It conveys the overall business vision within the company. This documentation contributes to making employees aware of how our solutions are distributed, who are our key partners and target market to know exactly the people towards whom team members’ efforts should be aimed. Alignment on company-wide priorities is also achieved through clear communication of our value proposition and key selling points, helping everyone understand the things that matter most.
|Secure OS
|3
|-
|SAS
|3
|-
|Secure Chat
|3
|-
|Secure Email
|3
|-
|Secure Vault
|3
|-
|Secure Manager
|3
|-
!rowspan="6"|Support Documentation
|rowspan="6"|People within the company need to be aware of commonly occurring problems with our solutions. From the Support Documentation, employees should also extract general level knowledge regarding support processes, the issues that we’re currently having product-wise, and the approach to troubleshooting them.
|rowspan="6"|o The Support Documentation helps employees understand short-term priorities more clearly and communicate more openly why they’re needed. It also gives them general knowledge of how to spot and report a problem, which helps us facilitate a company-wide contribution to product development. Last but by no means least, it helps team members understand customers pains and behavioral patterns to strengthen our user-centric approach.
|Secure OS
|3
|-
|SAS
|3
|-
|Secure Chat
|3
|-
|Secure Email
|3
|-
|Secure Vault
|3
|-
|Secure Manager
|3
|-
!rowspan="6"|Functional Documentation
|rowspan="6"|Through the Functional Documentation, employees should get a thorough understanding of the solutions and their multiple features. People that work closely with the products must understand exactly how they function, how users interact with them, how to configure different settings, and what’s the expected behavior of different software solutions.
|rowspan="6"|o The information in the Functional Documentation helps employees whose work is closely connected with our solutions, to gain significant in-depth knowledge into their functionalities that far exceeds users‘ understanding. Such thorough product expertise helps us remain objective, evaluate market data more adequately, and constantly increase our internal expertise.
|Secure OS
|3
|-
|SAS
|3
|-
|Secure Chat
|3
|-
|Secure Email
|3
|-
|Secure Vault
|3
|-
|Secure Manager
|4
|-
!rowspan="6"|Technical Documentation
|rowspan="6"|Employees concerned with the Technical Documentation and more concretely - software development, must gain complete mastery over all solutions. Such people are regarded as technical experts and need to be well aware of data structures, relational databases, algorithms, programming languages, models, etc.
|rowspan="6"|The Technical Documentation is used to make sure people that are technically involved in product development have the required knowledge to perform their day-to-day tasks, optimize our solutions more easily, and support other teams with their in-depth expertise.
|Secure OS
|1
|-
|SAS
|1
|-
|Secure Chat
|1
|-
|Secure Email
|1
|-
|Secure Vault
|1
|-
|Secure Manager
|1
|-
|}

Latest revision as of 12:02, 3 April 2023

Our Accounting & Finance Managers are here to ensure that the financial, tributary, economic, and patrimonial situation of Secure Group is effectively managed. They are methodic and organized when dealing with all sorts of documents, such as statements of income, accounts payable, and receivable tax guides. Another important aspect of this framework is the need to understand, organize, and ensure flexibility of all financial processes from our entities and report outcomes to the managers so we can constantly optimize our budget workflow. An extensive understanding of our business and how we manage financial transactions with partners, customers, and suppliers from all over the world is also essential to the success of this framework. Fast growth means not only succeeding in managing our finances but supporting our business in making cost-effective decisions related to our strategic goals.

Progression

In order to progress in our development path and Level Up or Step Up, our Accounting & Finance Managers must:

  • Meet the criteria of the Level & Step Chart for the Management Path
  • Demonstrate proficiency in the Finance and Project Management Realms


Salary Grid

All mentioned salary ranges represent the monthly income in Bulgarian Lev after taxes and deductions.

Finance Management Step
1 2 3 4
Level 1 2.500 2.800 3.600 4.500
2 6.220 6.520 7.320 8.220
3 9.350 9.650 10.450 11.350
4 12.090 12.390 13.190 14.090

Realm

Retrieved from "https://managementmodel.info/index.php?title=Finance_Management&oldid=3519"