Why Attend
The transition from accounting roles to management positions requires a shift in mindset, skills, and strategic understanding. This training program is designed to help senior accounting professionals, especially those in accounts payable and finance roles, bridge the gap between accounting functions and management decision-making. The course provides insights into financial leadership, business strategy, and the role of financial data in driving organizational success.
Instructor-led training that uses interactive learning methods, including class discussion, small group activities, and role-playing
Understand the key differences between accounting and management roles; Develop financial leadership skills to support strategic decision-making; Enhance financial planning and performance evaluation capabilities; Improve risk management and compliance awareness in financial operations; Apply financial data analysis for business growth and operational efficiency; Strengthen communication and collaboration between finance and other business units
By the end of this training, participants will be able to: Senior Accounts Payable Specialists and Managers; Finance and Accounting Professionals Seeking a Leadership Role; Financial Analysts and Controllers; Treasury and Budgeting Professionals; Professionals in Corporate Finance and Financial Reporting
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Day 1:
The Shift from Accounting to Management
Understanding the evolving role of finance professionals
Key competencies required for a management role
Aligning financial operations with business objectives
The importance of financial leadership in decision-making
Day 2:
Financial Strategy and Performance Management
Strategic financial planning and forecasting
Budgeting and cost control from a managerial perspective
Performance metrics and financial KPIs for business success
The role of financial reporting in management decision-making
Day 3:
Managing Risk, Compliance, and Internal Controls
Identifying and mitigating financial risks
Regulatory compliance and corporate governance
Strengthening internal controls for operational efficiency
Fraud prevention and detection in financial operations
Day 4:
Cash Flow, Working Capital, and Investment Decisions
Managing accounts payable and receivable from a strategic perspective
Optimizing working capital and liquidity management
Investment evaluation and capital allocation decisions
Strategies for improving cash flow efficiency
Day 5:
Communication, Leadership, and Cross-Functional Collaboration
Effective financial communication with senior management and stakeholders
Leadership skills for finance professionals transitioning to management
Building collaboration between finance and non-finance departments
Case studies and practical applications for bridging accounting and management