After he has thrown away the scraps of his lunch, it’s back to the grind. Peter heads on over to the CEO’s office to talk strategy. These meetings are quite frequent since Peter’s knowledge of cost management can be used to help with budgeting processes for projects, negotiations with contractors, and financial decisions to help take the company into the future. Today, Peter is going over the cost estimates he calculated for an upcoming project.
Once Peter has finished talking numbers with the CEO and stopped by the management team for a quick meeting, it’s back to the managerial tasks that change every day, depending on what the financial accounting team is doing. In between answering questions via email, Peter is able to put together a financial analysis for some adjusted costs and expenditures to ensure they are within the budget of an upcoming project. After finalizing an email containing requested financial information for the CEO, it’s time to call it a day.