Finance for Non- Financial Managers

Transcription

1 Finance for Non- Financial Managers

2 Course Outline The workplace is an ever evolving environment and today Non-Financial Executives are required to hold the knowledge of key financial concepts. This has come about from the necessity to create synergy between the finance departments and non- finance departments so shared business objectives and drivers can be communicated effectively. This program is designed for non- financial managers who are not accountants but have a need to have an understanding of how finance works. It demystifies finance and the finance department by explaining simply and clearly what the key financial statements mean, how they work and relate to each other and how the actions of managers affect them and the business. The course will empower you with the knowledge required to present reports using the correct financial terminology When you return to your company, you ll have a solid base of knowledge about financial statements and concepts. You ll be able to confidently interpret financial data and answer relevant questions about your department and operations. Beyond that, you ll have the business acumen to know the advantages and disadvantages of different types of financial data and analysis tools, so you ll know the right kinds of questions to ask to accomplish your department s and company s goals. Who Should Attend? This course is for anyone who needs financial knowledge to manage their department or business. Course Outline Ice- breaking & Course Overview Understanding Financial Basics A Guide to Understand Key Financial Statements Interpreting Financial Statements VAT & Taxation Impact on Business Budgeting & Managing Money Managing Financial Performance Measurement from both Qualitative & Quantitative Aspects. Methodology Lecturing Case Study from Real Business World Individual & Group Exercise The Key Resource Person

3 SABIHA SHABNAM KEY QUALIFICATIONS - Currently working with World Bank Group (IFC) as a Financial Analyst - Four years of working experience as Financial Analyst in Goodyear Canada Inc. (Canada) - Pursuing Chartered Management Accountant (CMA) from CIMA (UK) (final level) - Completed BBA and MBA from University of Windsor, Canada - Proficient with advance MS Office applications (Word and Excel) - Hold professional membership with CMA Ontario (Canada), CIMA (UK) COMPETENCIES - Financial Analysis - Critical Problem Analysis - Monitoring & Evaluation - Financial Reporting - Process Improvement - Strategic Planning - Budgeting - Communication skills - Interpersonal skills EDUCATION AND PROFESSIONAL STATUS - Chartered Management Accountant, CMA (Financial/Performance/Strategic Mgt, final level) Chartered Institute of Management Accountants (CIMA), UK - Masters of Business Administration, MBA (Co-op, Finance) University of Windsor, Windsor, Canada, Year Bachelor of Business Administration, BBA (Honors, Marketing) University of Windsor, Windsor, Canada, Year 2006 ACTIVITIES AND ACHIEVEMENTS - Volunteer with United Nations for Free World Foundation, deployed in Ghana, to develop 5 year Strategic Plan (group assignment) - Volunteer with United Nations for Be The Change Academy- Kenya, to assist young entrepreneurs in developing business plan - Participated in Buddy program, University of Windsor, Canada - Vice-president in International Student Society, University of Windsor, Canada - Active member of South Asian Youth Leaders Society - Awarded with best employee of the year 2011 as a Manager, Strategy in icddr,b

4 LANGUAGE CAPABILITY Bangla: Native Hindi: Spoken fair English: Spoken fluent, written fluent, reading fluent EMPLOYMENT RECORD Financial Analyst International Finance Corporation (World Bank Group), Dhaka, Bangladesh July 2012 Present - Prepare annual as well as cycle budget for the facility and to monitor variances regularly - Assist the program team in preparation of budgets, approve budget changes and perform project supervision activities on periodic basis - Monitor facility based expenditure and ensure accurate financial performance - Develop various internal and external reports, like monthly financial report, donor reports, CSA consolidated monthly report on COGNOS environment, etc. - Ensure timely rental adjustments, prepayments, accruals and reposting - Provide training/presentation on budgeting and IFC/WBG policy matters to the internal clients. Manager, Strategy ICDDRB (Institute of Cholera & Diarrheal Disease Research, Bangladesh), Dhaka, Bangladesh December 2010 June Plan annual strategic planning implementation initiatives and develop programs - Facilitate workshops and seminars for deployment of strategic plan - Prepare policy and procedure manual - Prepare reports for internal/external stakeholders - Develop KPI s based on Balanced Scorecard concept for performance assessment - Coordinate half yearly internal evaluation of progress on performance evaluation - Maintain communication with internal stakeholders Project: Implement decentralization of administrative functions as a part of restructuring of the organization. Project duration 6 months. Financial Analyst Goodyear Canada Inc. (Head Office), Toronto, Canada September 2008 November Responsible for analyzing, reviewing and forecasting business unit financial performance - Develop, implement and improvise operating budget - Perform variance analysis comparing actual vs. forecast vs. budget - Develop and manage complex excel spreadsheets to interpret data into financial reports

5 - Prepare periodical financial reports, i.e. EBIT, consolidated report on COGNOS etc. - Cooperate with audit teams on quarterly/yearly basis with reports and reconciliation - Improvise data extraction, formatting and reporting process to increase efficiencies Accounting Analyst Goodyear Canada Inc. (Head Office), Toronto, Canada January 2007 August Responsible for managing GL accounts related to bank accounts and rebates - Maintain liaison with sales and marketing team to develop country wide rebate programs - Develop and manage complex excel spreadsheets to calculate rebate for clients - Reconciliation of GL accounts and manage closing process - Prepare monthly/quarterly reports for management Project: Streamline processes related to invoice processing, GL account entries and reconciliations; to increase efficiency. Project duration 3 months. OTHER EXPERIENCES Graduate Assistant University of Windsor, Windsor, Canada; September December 2006 Assist lecturer in preparing class lecture, exams and assignments; check exam papers, assignments and invigilate exams Administrative Assistant University of Windsor, Windsor, Canada; May December 2005 Create and update Excel spreadsheets to maintain prospective donors lists; phone calls to prospective donors; maintain filing, client record system, office supplies PROFESSIONAL TRAININGS Supply Chain Management: BUET, Bangladesh (3 days, 2011) Supply chain process, case analysis, DMAIC problem solving Evaluation Development Program: BRAC, Bangladesh (6 days, 2011) Project Evaluation, Result Based Management (RBM) - Log frame approach Root Cause Analysis & Statistical Process Control: DNV, India (4 days, 2011) Six sigma way, cause & effect diagram, fish-bone diagram, 5 why technique and process improvement and control (7QC tools) Advance MS Excel: Goodyear Canada Inc., Canada (2 days, 2008) Developing complex spreadsheets formulating advance excel functions

6 Training Date: 13 th November (Friday), 2015 Daylong Training Program on Registration Details Training Fee: BDT 3,850/- Only (Excl. 15% vat) Mode of Payment: Cash or A/C Payee Cheque in favor of LCBS Dhaka Ltd or Bkash at (Merchant Account, no extra charge require) Contact Address: House # 39/B, Road # 14/A, Satmosjid Road, Dhanmondi, Dhaka-1209 Contact Details: Phone: , Ext: 110 Cell: or jewel@lcbsdhaka.com Last Date of Registration: 10 th November, 2015 Venue: LCBS Training Room Certificate of attendance will be provided after the successful completion of the session