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.
By the end of the Managing Financial Functions and Improvement Opportunities: The Effective Financial Controller Course, participants will be able to:
- Recognise the extent of change in the role of the Financial Controller and to focus on the areas of their organisation where change is required
- Identify the main responsibilities handled by financial controllers
- Describe the different financial statements used in their organizations
- Analyse company performance highlighting impact of current operations on future financial results
- Evaluate and present company budgets and assist management in selecting proper plans
- Practice some of the key skills required using Excel to boost the efficiency of accounting and finance work
- Assess internal controls within the finance department and the organization in general
- Integrate new developments in strategic management accounting, information management and support for decision making
- Implement methods of change management in their organisation
- Use the information sources within their organisation to assist the management process
- Prepare for the introduction of advanced methods of information management
- Critically assess the planning process in their organisation and participate fully in strategic planning
- Understand the role of advanced budgeting and where it might fit into their organisation
- Integrate new developments in strategic management accounting, information management and support for decision making
This Managing Financial Functions and Improvement Opportunities: The Effective Financial Controller Training Course is beneficial to:
- All financial professionals involved in the daily operation and control of financial functions
- It is of particular benefit to those employees who aspire to become senior financial professionals in their future careers
