- Data-driven Expense Monitoring Periodically extract and review expense data from ERP/accounting systems.
Develop red-flag indicators (e.g. sudden cost increases, abnormal expenses by store/brand, overspending beyond approved limits).
Analyze expense trends over time, by business unit and by expense category.
- Investigation & Root Cause Analysis Conduct investigations when abnormal expenses or potential violations are identified.
Work with relevant departments to verify information, collect evidence, and reconcile findings with internal processes.
Report investigation results and recommend corrective and improvement actions.
- Efficiency & Effectiveness Review Periodically evaluate the effectiveness of major expense categories (e.g. Marketing, logistics, rental, CAPEX).
Apply ROI and costbenefit analysis tools to assess spending efficiency.
Provide recommendations to optimize costs and enhance capital utilization efficiency.
- Reporting & Advisory Prepare monthly/quarterly cost control reports for the CFO and Board of Management.
Highlight key findings, risks, abnormalities, and proposed actions.
Work directly with department managers to implement corrective actions.
