F001 2-Day Master Class on Achieving Financial Operational Excellence
FINANCE TRACK
Workshop - 2 Days
28 & 29 September 2017 YANGON
Thu & Fri
Trainer: Gary Sng
Overview
In this dynamic and changing environment, for a growing company to succeed, the Finance function has to be progressive, providing value added service and advice to support management in its decision making.
This workshop will look at how Finance can be more than a support function and be a business partner to the organisation in the areas of budgeting, cash management and performance management using practical approaches that will allow the company to make better informed decisions.
Who Should Attend
Participants would typically come from the following functions:
Senior Accountants & Finance Managers
Financial Controllers & Business Controllers
CFOs & Finance Directors
Accounting and Finance teams
Learning Outcomes
Over two days of both instructor led insights, discussions and case studies
participants can expect to learn the following :
Developing an effective budgeting and forecasting system
Developing an effective cash flow forecasting system
Developing an effective performance management system
The workshop will provide guidance and advice from an expert, focusing on practical methods and tools you can take to work immediately and plenty of opportunities for questions and to consult the expert on how to lead a highly effective Finance team for your business.
Course Schedule
DAY ONE
BUDGETING & FORECASTING
Developing good budgeting techniques
Understanding the drivers for the budgets
Bottoms up vs Top down budgeting
Difference between budgeting & forecasting
Monitoring budgets & forecasts
CASH FLOW FORECASTING
Developing good cash flow forecasting techniques
Understanding the Drivers for Cash Flow
Developing effective techniques for improving cash flow
Monitoring cash flow for greater liquidity
DAY TWO
PERFORMANCE MANAGEMENT PART II
Understanding the business and identifying key business drivers
Developing effective Key Performance Indicators
Collection and analysis of data
Developing action plans to address identified issues
MANAGEMENT REPORTING
Developing effective management reports
Identifying key business and management drivers for decision making
Enhanced financial reporting
Segmented financial reporting
CONCLUSION & WRAP UP
Review key concepts learnt during the workshop
Develop practical strategies for use back at work
Rounding up key learning points and gathering feedback
Course Fees
USD1,000 per pax for this 2-Day Master Class
Note: The course fees include 2 tea-breaks and 1 buffet lunch per day at the Sule Shangri-la Hotel, Yangon.
About the Trainer
Gary Sng has more than 20 years of Accounting and Finance experience, working with government and global MNCs.
Gary is currently the director of Grayink Consulting, a boutique business and management consultancy firm that specializes in providing Virtual CFO services to companies, especially startups and growing SMEs. Grayink provides the financial, business and strategic partnership to companies in order for them to meet their business objectives and support their growth. Grayink sees itself not as a service provider or an outsourced function but an extension of the companies’ core team.
Starting off his career with KPMG, he has worked with the Ministry of Finance as well as European MNCs like SCA Packaging. He was based in Copenhagen, Denmark for about 6 years with a global aviation MRO company where he had to set up and lead an entire Finance team of about 25 people. He has also worked with US MNCs like Sungard and Covance, one of the biggest IT Systems company and Pharmaceutical CRO respectively.
Gary specialises in setting up entire Finance Teams from ground zero and developing processes and controls to complement the business environment. He also assists companies with their ERP implementation and marries the business process with the accounting environment.
Gary also has extensive experience assisting companies that are looking to implement shared services within their organisation.
Gary is a Chartered Accountant of the Institute of Singapore Chartered Accountants. He is also a Certified Internal Auditor (CIA) of the Institute of Internal Auditors and a Professional Singapore Certified Management Consultant (PSCMC) of TUV-SUD Singapore.
