Food Security and Agriculture

Training Course on Financial Management for Non-Finance Executives

Course Overview

Financial management is a critical aspect of business operations, impacting decision-making across all levels of an organization. This comprehensive workshop is tailored specifically for non-finance executives who seek to strengthen their understanding of financial principles, tools, and strategies to drive organizational success. Through interactive sessions, case studies, and practical exercises, participants will gain the knowledge and confidence to contribute effectively to financial discussions and decision-making processes within their respective roles.

Target Audience:

Non-finance executives, managers, and leaders from various departments

Individuals seeking a foundational understanding of financial management principles in a non-finance role.

Course Duration

Online Training: 6 days

Classroom Training: 5 days

Module 1: Introduction to Financial Management

  • Importance of financial management for non-finance executives
  • Overview of key financial concepts
  • Link between financial management and organizational success

Module 2: Financial Statements Demystified

  • Understanding financial statements (Income Statement, Balance Sheet, Cash Flow Statement)
  • Analyzing financial statements for decision-making
  • Key financial ratios and their interpretation

Module 3: Budgeting and Forecasting

  • Introduction to budgeting as a planning tool
  • Creating and managing budgets
  • Forecasting techniques and their application

Module 4: Capital Budgeting and Investment Decisions

  • Evaluating investment opportunities
  • Net present value (NPV), internal rate of return (IRR), and payback period
  • Making sound investment decisions

Module 5: Cost Management and Control

  • Types of costs in organizations
  • Cost-volume-profit (CVP) analysis
  • Controlling costs and improving profitability

Module 6: Financial Risk Management

  • Identifying financial risks
  • Strategies for managing financial risks
  • Role of non-finance executives in risk management

Module 7: Working Capital Management

  • Importance of effective working capital management
  • Managing receivables, payables, and inventory
  • Cash flow forecasting and optimization

Module 8: Financial Decision-Making

  • Analyzing financial data for decision-making
  • Evaluating financial implications of strategic decisions
  • Case studies on financial decision-making

Module 9: Communication and Collaboration with Finance Teams

  • Effective communication with finance professionals
  • Collaborating on budgeting and financial planning
  • Bridging the gap between finance and other departments

Module 10: Ethical Considerations in Financial Management

  • Understanding ethical dilemmas in finance
  • Promoting ethical behavior in financial decision-making
  • Case studies on ethical challenges in finance

Note: This outline provides a general structure for the training. The specific content, activities, and duration of each session may be adjusted based on the target audience, learning objectives, and available time.

Classroom Training Schedule

Start Date End Date Location Cost Apply
Jun 17, 2024 Jun 21, 2024 Nairobi $ 950 Register
Jul 22, 2024 Jul 26, 2024 Nairobi $ 950 Register
Aug 26, 2024 Aug 30, 2024 Nairobi $ 950 Register
Sep 30, 2024 Oct 04, 2024 Nairobi $ 950 Register
Nov 04, 2024 Nov 08, 2024 Nairobi $ 950 Register
Dec 09, 2024 Dec 13, 2024 Nairobi $ 950 Register

Virtual Training Schedule

Start Date End Date Location Cost Apply
Jul 01, 2024 Jul 06, 2024 Online $ 400 Register
Aug 05, 2024 Aug 10, 2024 Online $ 400 Register
Sep 09, 2024 Sep 14, 2024 Online $ 400 Register
Oct 14, 2024 Oct 19, 2024 Online $ 400 Register
Nov 18, 2024 Nov 23, 2024 Online $ 400 Register

Registration Process

Enrolling in our training programs is effortless! Upon submitting your details on the course registration link, a representative will get in touch with the relevant information.

Group Discounts

Boost your team's skills and maximize value with our attractive group discounts. Enroll 3 or more participants and enjoy significant discounts on any of our training programs.

Course Language

This Training course is offered in ENGLISH . Please indicate the language of choice during registration.

Training Approach

Our instructor-led trainings use well guided presentations, practical exercises, and group acivities. Participants are encouraged to bring any data relevant to their job responsibilities. Training manuals and additional reference materials are provided to the participants.

Certification

Upon completion of training, the participant will be issued with a certificate of Completion.

Post Training Support

Our commitment our clients success extends beyond the training program. We offer ongoing 3 months support through Q&A sessions, online forums, and access to our expert instructors.

Tailor-Made Course

We design customized training programs and inhouse workshops to meet specific training needs and organizational goals. Contact us to find out more: training@perk-gafrica.com