Finance and Accounting Fundamentals
13/10/2024
Middle Manager Development Program
16/10/2024Strategic Financial Planning and Budgeting
£4,000.00
Overview:
This course focuses on strategic financial planning and budgeting techniques for senior-level finance professionals. Participants will explore advanced budgeting tools, long-term financial planning, and strategies to align financial goals with organizational objectives.
Program Objectives:
By the end of the program, participants will be able to:
- Create and implement strategic financial plans.
- Develop and monitor long-term budgets.
- Align financial strategies with business objectives.
- Conduct financial risk assessments and scenario analysis.
- Enhance decision-making through financial modeling.
Target Audience:
- Chief Financial Officers (CFOs)
- Finance Directors
- Senior Financial Analysts
- Business Strategists
- Executives responsible for financial planning
Program Outline:
Day 1: Introduction to Strategic Financial Planning
- Key concepts in strategic financial management
- Long-term vs short-term planning
- Developing financial goals aligned with business strategy
Day 2: Advanced Budgeting Techniques
- Zero-based budgeting
- Rolling forecasts and dynamic budgeting
- Aligning budgets with long-term goals
Day 3: Financial Risk and Scenario Analysis
- Identifying and assessing financial risks
- Scenario planning and sensitivity analysis
- Techniques to mitigate financial risk
Day 4: Financial Modeling and Decision Support
- Building financial models for strategic decision-making
- Tools for forecasting and financial projections
- Applying financial models to real business challenges
Day 5: Aligning Financial Strategies with Business Objectives
- Integrating financial plans with strategic goals
- Monitoring and adjusting financial plans over time
- Case studies in strategic financial planning