Finance transformation
Finance is the lifeblood of the organisation and stakeholders have high expectations of the Function‘s performance. An effective Finance function, which includes all aspects of Finance, Tax, Treasury and, typically, Risk Management etc., makes a positive contribution to the achievement of the organisation‘s strategic objectives and to its value creation goals. To be successful, Finance must develop the capabilities that will allow it to fulfil its
responsibilities to the organisation, meet stakeholder expectations and to service its key business partnerships.
The modern Finance function is expected to fulfil four key roles within the organisation:
• Steward (providing control over the organisation‘s assets, ensuring it meets its
compliance obligations and directing the management of risk)
• Operator (delivering efficient Finance processes to support the production
of financial information and driving the cost effectiveness agenda across the
organisation)
• Strategist (analysing organisational performance and interpreting financial
information to support the planning and execution of strategic initiatives
across the organisation)
• Catalyst (stimulating the wider organisation to execute the changes necessary
to support the effective performance of the Steward, Operator and Strategist
role)
Read more about “Finance transformation”
Planning and budgeting (PDF, 74 KB)
Managerial and regulatory accounting (PDF, 146 KB)
Management reporting (PDF, 114 KB)
Integrated performance management (PDF, 128 KB)
Main contact information
Phone: +371 67 074 100
Fax: + 371 67 074 103
SIA Deloitte Latvia
Gredu street 4a
Riga, LV1019
Latvia
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