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Project Plan (Project statement (Background, Project topic, Purpose of…
Project Plan
Project statement
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Declaration of intent with respect to the what, why, how of your project
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Project Overview
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Identify
Core issue: How to build internal strategic finance capabilities to support their strategic growth plan
Objective/aim: To make recommendations to support the strategic turnback of the accounting and finance functions
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The first of the three execution actions has already been actioned, in that they have hired me. They have indicated the outcomes they want, stronger internal financial management, and have set me to task to figure out how much of the function to bring in-house, and when and how to carry out the transition. Developing this plan from the strategic perspective and making recommendations to make this a reality is what I intend to focus on for my project.
While the functional area I am dealing with could come under the financial management theme, the focus will be more on how to structure (point 3) this function to strategically support the wider organisational objectives and how to develop the required resources and capabilities (point 2), rather than specific financial management tools, which in terms of my role will come after the functional restructure.