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American Matech

Managing Financial Functions and Improvement Opportunities: The Effective Financial Controller

Course Information

  • the date

17/02/2025

  • Duration

5 days

  • The city

Kuala Lumpur

  • Cost
  • Type

in-house

Course details

Financial Controllers are involved with the day to day transactions happening in the business which will then be updated to the senior finance officers. These roles are found in larger companies where they will require more people working in the Finance Department.

Financial controller duties are to manage accounting and monitor internal controls. Furthermore, the financial controller responsibilities include banking and finance activities, proper reporting and payment to all taxing authorities, insurance recommendations and related purchases and corporate documentation. Financial Controller operates in a global environment where flexibility is the watchword. There has been widespread recognition of the need for finance to develop from being a scorekeeper to a business partner. Many organisations have changed their finance function as a result

This Effective Financial Controller training course aims to recognize the extent of change in the role of the Financial Controller and to focus on the areas of their organization where change is required, use the information sources within their organization to assist the management process, prepare for the introduction of advanced methods of information management, and understand the role of advanced budgeting and where it might fit into their organisation.

بحلول نهاية دورة إدارة الوظائف المالية وفرص التحسين: دورة المراقب المالي الفعال، سيكون المشاركون قادرين على:

التعرف على مدى التغيير في دور المراقب المالي والتركيز على مجالات منظمتهم حيث يتطلب التغيير
تحديد المسؤوليات الرئيسية التي يتعامل معها المراقبون الماليون
وصف البيانات المالية المختلفة المستخدمة في منظماتهم
تحليل أداء الشركة مع تسليط الضوء على تأثير العمليات الحالية على النتائج المالية المستقبلية
تقييم وتقديم ميزانيات الشركة ومساعدة الإدارة في اختيار الخطط المناسبة
ممارسة بعض المهارات الأساسية المطلوبة باستخدام Excel لتعزيز كفاءة العمل المحاسبي والمالي
تقييم الضوابط الداخلية داخل قسم المالية والمنظمة بشكل عام
دمج التطورات الجديدة في المحاسبة الإدارية الاستراتيجية وإدارة المعلومات ودعم اتخاذ القرار
تنفيذ أساليب إدارة التغيير في منظمتهم
استخدام مصادر المعلومات داخل منظمتهم لمساعدة عملية الإدارة
التحضير لتقديم أساليب متقدمة لإدارة المعلومات
تقييم عملية التخطيط في منظمتهم بشكل نقدي والمشاركة الكاملة في التخطيط الاستراتيجي
فهم دور الميزانية المتقدمة وأين قد تتناسب مع التنظيم
دمج التطورات الجديدة في المحاسبة الإدارية الاستراتيجية وإدارة المعلومات ودعم اتخاذ القرار

هذه الدورة التدريبية حول إدارة الوظائف المالية وفرص التحسين: دورة تدريبية حول مراقب مالي فعال مفيدة لـ:

جميع المتخصصين الماليين المشاركين في التشغيل اليومي والتحكم في الوظائف المالية
وهي مفيدة بشكل خاص للموظفين الذين يطمحون إلى أن يصبحوا متخصصين ماليين كبار في حياتهم المهنية المستقبلية

Course outline

Day 1

The Main Responsibilities of Financial Controllers

  • Accounting and Reporting Responsibilities
  • The Controller’s Role in Management
  • The Controller’s Status in the Business
  • Budget Reporting and Analysis
  • Managing Finance and Accounting Staff
  • Evolving Role of Financial Controller

Day 2

Control Function

  • Structure of Internal Control
  • Setting and Updating Policies and Procedures
  • Assessing Internal Control Policies
  • Internal Controls on Financial Reporting
  • System Controls
  • Backup and Disaster Recovery Planning

Day 3

Cost and Management Accounting

  • Introduction to Cost and Management Accounting
  • Materials Costs, Labour Costs and Overhead Costs
  • Product Cost Determination
  • Activity Based Costing (ABC) and Activity Based Management (ABM)
  • Product Profitability and the Cost of Quality
  • Theory of Constraints

Day 4

Planning, Forecasting and Budgeting

  • Long Term and Short Term Planning
  • Strategic Planning, Budgeting and Risk
  • Operational Forecasting Risk
  • The Balanced Scorecard, Strategy Maps, Alignment
  • Sources of Competitive Advantage
  • Capital Forecasting, Capital Budgeting and Risk

Day 5

Management Decision Strategies

  • Economic Value Added (EVA)
  • Electronic Data Interchange
  • Value Chain Analysis
  • Total Life Cycle Costing
  • Managing in a Time of Change
  • Enterprise Risk Management (ERM)

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