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A highly interactive training course on

Operational Finance

Managing Finance to Achieve Successful Operations

Session Dates
Location
Fees
27 Nov - 01 Dec 2022
Dubai, UAE
$5,950
24 - 28 Jul 2023
Amsterdam, The Netherlands
$5,950
27 Nov - 01 Dec 2023
Dubai, UAE
$5,950

Why Choose this Training Course?

Operational Finance is key to efficient running of the organization. With clear and effective management of Operational Finance the business will be liquid, profitable and sustainable in the most difficult of time. This COPEX training course will enable you to manage Cash & Working Capital effectively and efficiently, ensuring optimum levels of Cash and Inventory as well as efficient management of Accounts Receivable and Accounts Payable. These skills will ensure liquidity and increase profitability through the reduction in costs associated with handling and storing inventory, debt collection, bad debts and finance costs. In addition, it will enable companies to make informed and better financial decisions.

This training course will feature:

  • Practical application of the latest tools and techniques
  • Policies of Best Practice adopted by leading international companies
  • How to manage every aspect of Operational Finance – Inventory, Accounts Receivable, Bank, Cash and Accounts Payable
  • Investment and Finance opportunities aimed at increasing returns and minimising costs
  • The issues facing companies in the Oil Sector

What are the Goals?

By the end of this training course, participants will be able to: 

  • Improve Organisational Efficiency and Profitability
  • Manage Cash; Liquidity & Working Capital to reduce finance costs and improve returns
  • Improve Inventory Control
  • Manage Accounts Receivable & Accounts Payable effectively
  • Manage Cash Budgets and ensure cash is working effectively

Who is this Training Course for?

This COPEX training course is suitable to a wide range of professionals but will greatly benefit:

  • Professionals working in Inventory Management, Accounts Receivable & Accounts Payable who wish to up-date and improve their knowledge and skills
  • Financial decision makers, whose techniques of decision making, and analysis will be improved through attendance
  • Managers and those with financial responsibilities
  • Professionals acting upon the financial decisions of others, who will gain an appreciation for decision making thereby ensuring shared values within the organisation
  • Professionals with an interest in finance and the latest market developments

How will this Training Course be Presented?

This COPEX training course will utilise a variety of proven adult learning techniques to ensure maximum understanding, comprehension and retention of the information presented. This includes case studies from the delegates industry, interactive worked examples, discussions and videos. Participants will be actively engaged, individually and as part of a group, in their discussion, analysis and evaluation of real-world problems.

Course Outline

Day One: Operational Finance – An Overview

  • Finance & Financial Management
  • Operational & Corporate Finance
  • Financial Statements and the Operational Finance
  • Cash Flow Statements – evaluating the PAST Cash Flow
  • Working Capital, The Cash Flow Cycle & Operational Efficiency
  • Cash Forecast & Budgets – evaluating the FUTURE Cash Flow

Day Two: Bank & Cash Management

  • The Optimal Cash Balance
  • Sources of Short-Term Finance
  • Short Term Investment Opportunities
  • Financing Growth & Increased Turnover
  • The Dangers of Overtrading
  • Minimising Interest Cost & Maximizing Interest Earned

Day Three: Inventory & Accounts Payable Management

  • The Cost of Inventory
  • The Optimum Inventory Level
  • Negotiating Contracts & Delivery Terms
  • International Methods of Payment & ICC Incoterms
  • Just in Time Management
  • Reducing Inventory Levels

Day Four: Managing Accounts Receivables

  • The Importance & Problems of Giving Credit
  • Evaluating Credit & Counterparty Risk
  • Debt Collection Policy
  • Extending & Managing the Credit Period
  • Offering Discounts – determining the best policy
  • Protecting against Bad Debts & the Role of Credit Rating Agencies

Day Five: Multinational & Treasury Cash Management

  • The Role & Scope of Treasury Management
  • Operation & Location of a Treasury Department – Cost or Profit Centre; Centralised or Decentralised
  • Meeting Cash Calls and Short-Term Methods of Finance
  • Netting & Cash Concentration Accounts
  • Multi-national & Group Cash management
  • Exchange Rate Risk Management

The Certificate

  • COPEX Certificate of Attendance will be provided to delegates who attend and complete the course

© 2022 Copex Training - All rights reserved.

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