Front Office

Financial Officer

acronyme for Finance Responsible Assigned

It is an internal control role assigned by GBU finance director to one plant controller (and only one plant controller) for each plant where the GBU is the dominant / host. FRA responsibilities are

• Validate the costing model 
• Validate standard cost calculations
• Prepare variance analysis (WP1 only)
• Validate key steps of physical inventory (see physical inventory policy)

Financial module of SAP

Acronym of Finance Responsible Assigned.