Business Skills Training

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Essential finance for managers in the private sector

In the current business environment finance isn't just for accountants. Every manager needs to be able to use financial information to make well-informed decisions, explain the financial implications of their proposals and produce spot-on budgets and forecasts. Managers need to focus their attention on key business and financial drivers to exploit new opportunities and seek out ongoing efficiency gains.

Essential Finance for Managers in the Private Sector has been designed to meet these needs. It's a highly practical programme crammed full of management and financial tools that you'll be able to apply as soon as you return to work.

What our participants say:

'The content of the course was very relevant to our operations. Very professional presentation' - Laurie Owen, Manager, Toll Owens.

Objectives:

After completing this course you will be able to:

  • Understand key financial principles, financial terminology and financial ratios
  • Understand the day to day workings of finance in your company and month end cut offs
  • Understand how costs build up and how to reduce them
  • Take actions to proactively manage cost centres
  • Interpret financial statements including balance sheets (statements of financial position), profit and loss accounts (statements of financial performance) and cash flow statements
  • Successfully prepare, manage, control and review budgets
  • Get the most from your accountant or business analyst, and be able to ask the right questions to get what you need
  • Understand and positively influence business drivers, financial drivers, financial indicators and performance measures

Our training is:

  • Competency based: we enable participants to apply what they have learned when they return to work
  • Professionally designed to cater for all learning styles, with a mix of activities
  • Based on accelerated learning techniques to engage participants
  • Fully evaluated for continuous improvement
  • Customised for an organisation's specific needs and issues and financial systems and processes

Participant feedback from essential finance for managers in the private sector