Finance for Non-Finance Managers

At times of change, financial skills are essential – the COVID-19 crisis has accelerated changes in the adoption of technology – in some industries changes expected of ten years have come in just one. The crisis still encourages businesses to look at new solutions to their challenges; this innovation will impact other businesses in their supply chains. How will we monitor and evaluate the impact of these changes on our business? All managers will need to become better at making business cases and more adaptable in their approaches to solving problems. Financial management skills have always been key – now they are even more important.

The crisis has thrown budgets and forecasts into chaos – new approaches to planning and monitoring the business have been tried – some of these new approaches will be retained to help make businesses more dynamic. This program updates your thinking and knowledge with the latest practical ideas on managing finance with a business to prosper in COVID-19 recovery.

Top Learning Objectives

  • Understand and use financial terminology with confidence
  • Read , understand, and use financial statements
  • Manage cost, value, risk, and cash
  • Evaluate decisions and seek improvements
  • Build and manage budgets and plans
  • Build and use forecasts
  • Make and present business cases

Who Should Attend?

  • All directors and managers’ responsibilities for managing resources or making business decisions

Trainer's Background

  • He has over 30 years of experience in consulting and training for financial management, accounting, budgeting and cost management professionals in Asia, US, Europe, and Middle East
  • He has worked with hundreds of major “Blue Chip” organizations and trained thousands of managers at every level. He also provides confidential coaching to Directors, CFOs, and CEOs for major organizations around the world
  • His has been the Managing Consultant of Magenta Financial Training, specializing in financial training and coaching
  • He holds an honors degree from the University of Bradford Business School and is a qualified management accountant; he is an associate member of the Chartered Institute of Management Accountants (ACMA)

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“Excellent, some concepts that were previously shrouded in mystery were shown to be remarkably simple.”

– Senior manager, BP Oil