Managing Financial Function and Improvement
| 17 – 21 Feb. 2025 | Abu Dhabi | 04 – 08 Aug. 2025 | Dubai | 22 – 26 Dec. 2025 | Abu Dhabi |
Course Objectives:
By the end of this course, participants will:
1.Understand the role and responsibilities of the financial function in achieving organizational goals.
2.Learn to analyze financial processes and identify areas for improvement.
3.Develop skills in financial planning, budgeting, and performance management.
4.Gain insights into leveraging technology and best practices for financial efficiency.
5.Enhance their ability to lead change and drive continuous improvement in the financial function.
Course Syllabus:
Day 1: Foundations of Financial Function Management
1.Introduction to Financial Management
2.Assessing Financial Processes
3.Internal Controls and Compliance
4.Workshop: Mapping and Assessing a Financial Process
Day 2: Financial Planning and Budgeting
1.Strategic Financial Planning
2.Budgeting Techniques and Approaches
3.Variance Analysis and Cost Management
4.Practical Exercise: Developing a Financial Plan and Budget
Day 3: Performance Management and Reporting
1.Financial Performance Metrics
2.Management Reporting and Decision Support
3.Financial Benchmarking and Best Practices
4.Case Study: Analyzing Financial Reports for Decision-Making
Day 4: Leveraging Technology for Financial Improvement
1.Digital Transformation in Finance
2.Data Analytics in Finance
3.Streamlining Financial Processes
4.Workshop: Designing a Technology-Driven Financial Improvement Plan
Day 5: Leading Change and Continuous Improvement
1.Driving Change in the Financial Function
2.Building a Culture of Continuous Improvement
3.Risk Management and Contingency Planning
