Finance for Non-Finance Manager

Finance is the backbone of any organization. A team will be equipped with nuances of financial decision-making tools can bring better result and drive your organization’s growth, & visualize the impact your financial decisions your unit’s profitability and of your organization

Finance for Non-Finance Manager (FNFM)

Course Objective

This 2-day session will enable the managers across the board to gain a basic understanding of finance and accounting and general financial knowledge and an in-depth understanding of the impact of your decisions outside your functional area.

Who Should Attend

Senior Managers

Operation Managers

Business Unit Head

Training Manager

HR & Recruitment Managers

Marketing Managers

Line Managers

Project / Program Managers

Benefits of Attending

Content of the course includes selected aspects of finance from a non-financial specialist perspective. Specific topics include financial analysis; planning, forecasting, and budgeting; cash flow, and strategic financing. This class will be interactive and will require the active involvement of the participants in finance related activities.

Explain the importance of finance and interpretation of financial information that will help the senior manager to analyze the financial health of the organization

Apply the concepts of accounting and finance to analyze financials and help others to understand the same

Learn about key accounting and finance terms that are used on a daily basis

Examine financial statements by using key ratios and create MIS for senior management

Explain the importance of the budgeting process and take part actively in annual and periodic budgeting and control activity.

Workshop Agenda

Basics of Financial Management

Balance sheet

P&L account
Cash flow statements
Net Profit v/s Net Cash Flow 

Working Capital Management

Kinds of working capital

Operating cycle and components of working capital 

Working capital management and decision making

Financial Decision Making – I

Cost concepts including discussion on marginal costing
Some important definitions

Make or buy
Shut down or continue

Financial Decision Making – II

Sell or process further
Domestic versus export sales
Need any type of budgets
Alternative approaches for budgeting
Commonly used budgets
Budgetary control process
Limitations of budgets

Evaluation of investment:

Capital budgeting meaning
Approach to capital budgeting
Techniques of capital budgeting
Practical application of Net present value and Internal rate of return
Features of capital budgeting decisions

Training Deliverables

Feedback From Past Participants

“It helps to get the first-hand idea on how to take the financial decision”

“This session helped our department to know where were we falling in profit”

“ This financial acumen not only help you in work but also in the personal financial decision”

“Our managers are now financially smarter than before”.

Know Your Trainer

B tech from NIT Rourkela, PGDM  from IIM Calcutta with 14+ yrs of intensive experience in various sector. He is a certified coach for Manufacturing Management and System Development

He has helped companies turn-around by implementing Manufacturing Excellence through Lean, Statistical Quality Control, Six Sigma, Strategy Management

He is a passionate reader and have inclination to solve complex business problems within very short span of time.

@Tetrahedron Manufacturing Services Pvt Ltd

Phone : +91 7042140046         Email: training@tetrahedron.in

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