Description

This training provides essential skills to master overhead cost management, build effective dashboards, develop a solid business plan, manage cash flow, and analyze financial performance to strategically and operationally steer a company.

Who is this training for ?

For whom ?

• Financial managers and controllers.
• Project managers and operational managers seeking to strengthen financial skills.
• Entrepreneurs and business founders.

Prerequisites

• Basic knowledge of accounting and management.
• Proficiency in office tools (especially Excel).

Training objectives

Master the analysis and optimization of overhead costs

Know how to build and use management control tools and dashboards

Be able to develop a business plan and analyze financial performance for decision making

Training program

• Introduction to Corporate Finance
  • Role of finance in a company.
  • Key concepts: fixed costs, variable costs, overhead expenses.
  • Practical exercise: Identify overhead costs.
• Managing Overhead Expenses
  • Identifying and classifying overhead costs.
  • Techniques for cost analysis and optimization.
  • Methods to reduce expenses without affecting quality.
  • Practical exercise: Analyze a simplified overhead cost table and suggest at least three ways to optimize costs.
• Dashboards and Management Control
  • Principles of management control.
  • Building and using financial dashboards.
  • Choosing key performance indicators (KPIs).
  • Analyzing budget variances.
  • Setting up monitoring procedures.
  • Practical exercise: Using simple financial data (revenue, costs, margin), build a dashboard and calculate variances against budget.
• Creating a Business Plan
  • Objectives and importance of a business plan.
  • Steps: market research, strategy, operational plan.
  • Financial projections: income statement, balance sheet, cash flow plan.
  • Techniques to convince investors and partners.
  • Practical exercise: Write a business plan summary.
• Preparing and Conducting Performance Reviews
  • Organizing performance review meetings.
  • Analyzing financial and operational results.
  • Identifying improvements and corrective actions.
  • Effective communication with teams and management.
  • Practical exercise: one participant presents financial results, the other asks questions and suggests improvements.
• Cash Flow Management and Short-Term Financing
  • Understanding cash flow and its challenges.
  • Cash flow forecasting and monitoring.
  • Managing cash inflows and outflows.
  • Short-term financing tools (overdraft, factoring, supplier credit).
  • Practical exercise: Develop a simple cash flow plan.
• Financial Analysis for Decision Making
  • Reading and analyzing financial statements (balance sheet, income statement).
  • Calculating key financial ratios (liquidity, profitability, solvency).
  • Using analysis to guide strategic decisions.
  • Practical exercise: Calculate and interpret financial ratios.