Finance Managers' Course

The Finance Manager’s position is central to any Finance Department. His or her functions and responsibilities can be wide-ranging, from providing and interpreting financial information, monitoring cashflows, managing risks, to liaising with auditors, bankers, lawyers and other professionals, and keeping abreast with financial standards, regulations and legislation.

Admittedly, not all Finance Managers have exposure to all these functions and so there are still knowledge and skill gaps to fill, urgently, because such knowledge and skills may be required at a moment’s notice.

This course is designed to fill these gaps and enable the Finance Manager to function confidently and even deliver performance beyond expectations. It also serves as a refresher course for some.

Dates & Time

19 - 20 June 2017

9 AM - 5 PM

Venue

 

TBC

Fees*

$1,100.00 (STADA Member)

$1,200.00 (Non-Member)

*7% GST to be included

Course Objectives

At the end of the course, you will be able to:

  1. Fully appreciate the role and responsibilities of the Finance Manager

  2. Articulate the accounting framework

  3. Enhance financial reporting format and be conversant with the financial reporting regime

  4. Prepare and analyse group consolidation of accounts

  5. Produce cashflow statement and analyse the flows

  6. Perform financial statement analysis and interpretation

  7. Understand budgeting and forecasting methods and processes

  8. Perform investment appraisal

  9. Manage Mergers & Acquisitions and handle due diligence work

  10. Understand business valuation methods

  11. Assess the company’s financial limits to growth and its sustainability

At each session participants are encouraged to share their work experiences, issues and challenges, relating to the topic in discussion, and in the process, seek advice, coaching and resolution.

Outline

  • The role of the Finance Manager – functions & responsibilities

  • The Accounting Framework – assumptions, principles & conventions; interrelationships among financial statements; integrated framework of Accounting & Finance

  • Corporate Reporting Regime – monthly, quarterly, yearly

  • Group Consolidation of accounts – mechanics, FRS 110 requirements, NCI treatment, consolidation adjustments.

  • Cashflow Statement – preparation and analysis, treatment of items, quick comprehension of cashflow elements.

  • Financial Statement analysis and interpretation – trend analysis, ratio analysis, Dupont method, operating & financial leverages, business & financial risks, etc

  • Budgetting & forecasting – with Linear regression (statistical) model to project sales over the budget period, rolling forecasts.

  • Working capital management – management of cash, receivables, inventory and payables

  • Financial modelling – how to prepare base model, financial model, sensitivity analysis, selection of variables, for breakeven analysis, sales force headcount analysis, projected Balance Sheet, corporate planning

  • Corporate funding – placements, rights issues, convertible bonds, etc –

  • Mergers & acquisitions – process, how to manage, difficulties involved, valuation, due diligence work, negotiation, etc.

  • Investment Appraisal – steps in appraisal process, appraisal methods discount rate, weighted average cost of capital, terminal value computation.

  • Selected IFRSs

  • Financial limits to growth – how to track sustainability of company’s growth, danger signals, going concern assessment.

Who Should Attend

  • Newly-appointed Finance Managers

  • Finance Managers who want to widen their scope of knowledge and skill sets

  • CFO-aspirants

  • Finance Managers who seek a refresher course

  • Heads of Finance Department

  • Finance Manager aspirants

  • Finance Managers who want to fill knowledge and experience gaps.

  • Relationship Managers (banks)

  • Students preparing for accounting & finance professional exams

  • Staff of audit or professional firms

Methodology

This course will be conducted in an environment conducive to learning where participant sharing, group/individual work and coaching will be applied to reinforce learning.​

About the Facilitator: Mr Michael Lee

Michael Matthew Lee is a trainer teacher, lecturer, coach and facilitator, and is himself a life-long learner. Being trained, he is skillful in explaining difficult concepts in a simple and understandable manner. With his more than 40 years of corporate working experience, which include serving as CFO of 3 Main Board public-listed groups, and as MD/CEO/COO of various companies across industries, he specializes in Finance and is exposed to senior executive management practices, issues and challenges. He adopts a practical approach to his training.

Michael Matthew Lee’s credentials are:

  • MBA (Finance, NUS Business School)

  • MBA (Strategic Marketing, University of Hull)

  • BAcc; DipM(UK); PDipM(Asia-Pac); ACTA; PMC

  • FCA(Singapore); FCPA(Aust); FCCA(UK); FCIM(UK); MSID.

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LOCATION

80 Playfair Road 

Blk A, #03-04

Singapore 367998

Tel: (65) 6785 0776

 

Operating Hours:

8.30 AM - 5.30 PM, Monday to Friday

(By Appointment Only)