Finance for Non-Finance Managers

and a Reset for Financial Managers Program

Introduction

Finance is a core function across all industries, and management positions increasingly require at least a foundational grasp of the role and importance of the finance function. In order for companies to achieve their productivity targets and maintain their competitive edge, modern managers need the necessary tools to understand and leverage financial data when making operational decisions. A silo mentality is no longer a tenable option, and understanding of finance cannot realistically be confined to a single department or team.

Who is the Course Suitable For

Finance department professionals
Business unit managers from non-financial departments e.g. Sales, Marketing, Manufacturing, Warehousing, Service
Decision-makers requiring enhanced financial literacy

What delegates can expect

Enhanced financial literacy
Overview of key concepts
Insights into financial controls and analysis
In-depth look at the role of financial principles in decision-making

Topics/Themes to be covered

Part 1

1. Introduction to Finance
2. Measure Financial Performance
3. Analysis and Interpretation of Annual Financial Statements
4. Making Decisions within the business context

Part 2

1. Implementing tools and frameworks applicable to the individual, the organization, company or institution
2. Implement Cost Management and Control Methods
3. Ratio Analysis
4 . Awareness of implications and ramifications of decisions

Learning outcomes

On successful completion of this course, you should be able to:

Analyse and interpret annual financial statements
Measure financial performance using the correct tools
Identify, access and utilise decision-making information
Analyse key ratios and use them to determine the financial health of an organisation
Use financial tools and frameworks to make more effective decisions
Raise your level of operational effectiveness
Fully understand your role in strategic decision making and be aware of the desired outcome in any decision-making process