Ken Kremsky

Financial planning and analysis is the planning, estimating and systematic procedures that help an association's budgetary wellbeing and business methodology. The FP&A discipline consolidates top to bottom examination of both operational and money related information to help adjust business procedures and techniques with monetary objectives, and to assess advance toward those objectives. It depends vigorously on factual investigation to quantify and design business tasks and estimate their money related effect, considering inward factors yet in addition more extensive statistic and financial patterns, just as abstract, subjective assessment.  Responsibilities of Financial Planning and Analysis Professional:  Monitoring working capital and income Monitors other well known measures of monetary wellbeing, for example, the obligation to-value proportion. They break down the monetary effect of specific activities, for example, the product...

What is strategic financial management? Strategic financial management is the type of planning of the usage of a company's financial resources to attain its objectives and return maximum value to company profit. It is working for the company’s business objectives or goals and identifying company potential, resources and constructs a plan for utilizing finances and other capital resources to achieve its goals.  Ken is a strategic Finance executive with more than 2 decades of experience in the corporate and field manufacturing experience. He focused on helping organizations to reduce its costs and achieve greater productivity. He has been steadily engaged in various roles for 18 years throughout several mergers and acquisitions at Mondelez / Kraft / Nabisco. Work done at Mondelez / Kraft / Nabisco by Ken Kremsky     Developed detailed Direct Labor standards which resulted in crewing reductions and cost savings of $400k annually at Nabisco   In N...

Cost accounting is the way toward account, characterizing, investigating, outlining, and designating costs related with a procedure, and after that creating different blueprints to control the expenses. It will likely exhort the administration on the most proficient method to improve business practices and procedures dependent on cost effectiveness and capacity. Cost accounting gives the detailed cost data that administration needs to control current tasks and plan for what's to come.  Obligations and Responsibilities of Cost Accounting Manager:     Ensures that cost for the organization's items and administrations are distributed by corporate techniques and in consistence budgetary accounting benchmarks   Oversees the cost control frameworks, oversees and translates cost reviews, and gets ready cost accounting reports for introduction to top administration Gather recorded cost information to contrast spending plans and real costs   Manages the...

Business planning is necessary for company success and growth. It provides companies with the tools to track to prepare for unforeseen changes in the market place and growth establish a budget. A good business strategic plan includes many elements a business can utilize to attract financing and manage company objectives. To optimize strategic business planning, company must clearly define their goals and conduct extensive research to properly understand industry trends. A good strategic business plan is important to attain optimum market and to optimize market research share for your business. The plan allows businesses to focus on a particular niche in the advertising and marketplace which makes sales and customer management more effective. This allows a company to know as much as possible about in the marketplace that need to be filled and the needs of its customers and gaps. It also helps a company to provide better and more targeted service to its clients. What are the B...