Process Review as External Consultant

Review der Finanzprozesse einer bosnischen Tochter eines österreichischen Familienunternehmens als externer Berater

Role:External consultant
Period (Duration):05/2022 to 09/2022
Company:Subsidiary of an Austrian family business in Bosnia Herzegovina 
Industry:Production and trading of friction materials
Revenue:n/a
Employees:80
Situation at the client:Inefficiencies during the preparation of the annual statements for the Bosnian subsidiary
Place of Business:Vienna, Sarajevo

Responsibility:

  • Advisory

Mission:

  • Review of current financial processes
  • Analysis of the problem areas in the current annual financial statements

Measures:

  • Development of a catalog of measures to enable regular financial reporting
  • Documentation of current processes and conception of a future process model
  • Development of a proposal for the introduction of an ERP

Successes:

  • The suggestions for introducing MS Dynamics Business Central and the process model were accepted and subsequently implemented by the newly hired local finance manager..