Description

Most often, the financial director has experience as a management controller or accounting manager. In this new role, he feels the need to master financial techniques: financial analysis, economic profitability, financial forecasts, business valuation, equity engineering arrangements. He also discovers that it is essential for him to know how to properly position the finance function in the company with general management, members of the Codir and all operational staff.

Who is this training for ?

For whom ?

Financial director wishing to validate his practices. Administrative and financial manager (RAF), Management controller. Chief accountant moving to financial management.

Prerequisites

Training objectives

Acquire perfect mastery of financial tools.

Define a financial policy.

Build the business plan of a project or company.

Negotiate financing at MLT.

Take charge of your function.

Manage the financial function.

Evaluate and negotiate a company.

Optimize the financial engineering of high balance sheet operations.

Training program

• Master financial analysis
  • Balance sheet restatements.
  • Analyze activity and profitability.
  • Financial balances, margins, ratios.
  • Cash flow crises and remedies.
  • Cash flow diagnosis
• Participate in financial policy
  • Leverages to improve economic and financial profitability.
  • Effect of financial leverage.
  • The different financial policies.
  • Scenario Studies case study: Financial analysis over 4 years of an industrial SME.
  • Locating the financial policy
• Remote activity
  • To benefit from the contributions of an expert on a theoretical or practical point: an expert 'Present your business plan in writing or orally.'}
• Present your strategy
  • The 8 keys to convincing.
  • Strategic analysis: PESTEL, Porter, value chain, EMOFF.
  • Linking action plans to strategic objectives
• Evaluate profitability
  • Model the activity, defend the sales forecast.
  • Arbitrate between profitability criteria: net present value (Van), internal rate of return (Sort), Payback period.
  • Choose a discount rate.
  • Ways to improve profitability
• Finance your project
  • Build the financial forecast at MLT.
  • Financing needs and choices, repayment capacity.
  • Keys to the written and oral presentation.
  • Scenario Case: creation of a company: EMOFF, challenge hypotheses.
  • On spreadsheet: profitability calculation, simulate scenarios, finance the project.
• Remote activities
  • To benefit from the contributions of an expert on a theoretical or practical point: an expert 'The financial logic of the company'; an expert 'Implementing the financial policy'; an expert 'Manage the banking relationship and negotiating with banks'}.
• Control your function
  • The pyramid of CFO profiles.
  • Mapping the processes of your function.
  • Improving internal control.
  • Benchmarking your function .
  • Succeed in the digitization of the function
• Improve performance
  • Implement a 'cash project': cross-functional management situation.
  • Improve the budgetary process.
• Take charge of your role
  • Present your priorities in 3 and 6 months, one year.
  • What to delegate, subcontract, do yourself.
  • Communicate with shareholders and bankers .
  • Integrate ethics into daily life.
  • Case scenario on internal control and the cash project
• Remote activities
  • To discover a subject related to your training: a video 'Optimizing the value of stocks using the crossed ABC method'.
  • Remote activities to train you in persuasion, objection management and change management.
• Succeed in external growth
  • Mandate, acquisition audit, data room.
  • Legal aspects: letter of intent, memorandum of understanding, guarantees of assets and liabilities, price supplement clause; succeed post-acquisition integration.
  • Case scenario: price revision and liability guarantee
• Evaluate the company
  • Valuation adjustments. Asset methods: Adjusted net assets.
  • Discounted cash flow (DCF) method.
  • Stock market comparables, transaction multiples.
  • Dumoulin case scenario on spreadsheet: Apply the methods, arbitrate between the results.
  • Analysis of evaluation reports
• Succeed in equity operations
  • The capital increase, immediate or deferred. V
  • complex securities: OCA, OBSA, Approaching a capital investor.
  • Shareholders' agreement: organize the exit, joint exit, protect minorities, buy or sell, ...
• Take over a business
  • LBO Legal, financial, tax levers. Balance of price, resources, repayment capacity.
  • Analyze the financing plan: capital, senior and subordinated debt, Mezzanine.
  • Exit from the LBO
• Negotiate MLT financing
  • Negotiate realistic covenants.
  • Maximum leverage, repayment capacity.
  • Scenario Case: Calculate a dilution effect, evaluate a convertible loan, an LBO .
  • Analyze a shareholders' agreement.
  • Summary case: business plan, evaluation, capital increase
  • Evaluation of assets