Executive Chief Financial Officer (CFO) Master Training Program

Why Select this Training Course?

CFOs lead the finance and accounting staff and have a comprehensive picture of an organization’s financial health, enabling the CEO and peers such as the CMO, COO, and VPs of HR and sales to concentrate on their responsibilities. An organization’s chief executive or operating officer may have studied accounting or finance, but they often lack the technical expertise and experience of the company’s chief financial officer.

In what ways does a CFO contribute to the success of an organization?

A Chief Financial Officer (CFO) is a high-ranking executive officer in a company tasked with managing and planning an organization’s financial activities. The CFO occupies the C-suite section of a company and is charged with different financial responsibilities, such as designing the company’s budget, communicating with the firm’s insurance and banking partners, and advising relevant stakeholders. The CFO also monitors a company’s cash flow and evaluates the company’s financial strengths and weaknesses and likely areas for improvement. Financial reports submitted by the CFO are expected to align with established financial standards and ensure all financial reports are accurate and complemented within established frameworks.

How does one become a chief financial officer?

Generally speaking, the position of Chief Financial Officer is reserved for well-experienced experts with an established track record in financial management. Chief Financial Officers are typically expected to possess specific advanced qualifications like Chartered Financial Analyst and Master of Finance. In addition, most CFO possesses expert backgrounds in financial analysis, accounting, and investment banking. The position is highly coveted among financial experts and is one of the most lucrative in a company.

The Rcademy Executive Chief Financial Officer (CFO) Master Training Program is curated to assist financial experts in better understanding the rudiments of financial leadership, influencing financial decision decisions, and facilitating strategy sessions. This training program will assist financial professionals in taking a step further in their careers, managing financial frameworks that incorporate global strategies, and optimizing business efficiency. In addition, participants will learn how to conduct mergers and acquisitions and report to the board of directors and relevant stakeholders. Upon conclusion of the program, participants will be equipped with vital insights and tools needed to supervise company financial transformations and manage complex financial challenges.

Who Should Attend?

The Executive Chief Financial Officer (CFO) Master Training Program by Rcademy is an excellent fit for several people, particularly those involved in the financial and accounting industry and everyone looking to further their interest in such discipline. The following personnel should undertake the course:

• Tax managers: responsible for developing and filing tax documents for entities
• Finance directors: tasked with managing the company’s financial growth across an established period and supervising account operations
• Treasurers: charged with overseeing the financial transactions of a company and keeping records of incoming and outgoing funds
• Controllers: tasked with leading the accounting division of a company and monitoring a firm’s financial health
• Investment analysts: charged with performing research and evaluating assets like bonds, commodities, stocks, and currencies
• Asset Managers: responsible for managing the assets of a company and also executing programs that raise the value of a company’s assets
• Chief financial officers: charged with overseeing the financial activities of a company, tracking cash flow, and creating financial plans
• Accountants: charged with tracking a company’s financial decisions and conducting audits, and ensuring the accuracy of financial statements each year
• Deputy Chief Financial Officers: tasked with assisting the CFO in the administration of a company’s financial processes
• Professionals interested in advancing their knowledge in financial management

What are the Course Objectives?

The Executive Chief Financial Officer (CFO) Master Training Program by Rcademy aims to help participants achieve the following objectives:

• Understand how to conduct financial analysis to predict, monitor, and measure financial and non-financial performances
• Learn how to develop and lead high-performing financial teams to enhance impacts
• Analyze financial trends and factors affecting the financial successes of a company
• Learn how to communicate with relevant stakeholders
• Develop a strategic plan for the execution of a merger and acquisition
• Understand the rudiments of mergers and acquisitions and when a company should undergo such procedures.
• Recognize patterns utilized in strategic thinking to identify growth paths for a company
• Learn how to evaluate financial statements like expert analysts to gain valuable insights into financial strengths, profitability, and cash return creation potential
• Understand the rudiments involved in designing corporate strategies and how to evaluate and implement corporate strategies

How will this Course be Presented?

The content of this course is designed solely to satisfy and improve participants’ knowledge and skill; it is participant-oriented. In teaching this course, several workable methodologies are employed to ensure active participation and learning of this course by participants. This course is also guided by experts using in-depth and extensive individual modules on the subject matter.

The Rcademy Executive Chief Financial Officer (CFO) Master Training Program comprises theory and practical learning by providing lecture notes, visual slides, engaging in practical case study sessions, video presentations, quizzes, and a platform designed to give feedback on lessons learned by participants.

What are the Topics Covered in this Course?

Module 1: Introduction to the Chief Financial Manager

• Introduction and definition of terms
• The roles of the CFO
• Requirements for the post of CFO
• Benefits of being the CFO
• Credibility and growth
• The duties of the CFO as it relates to other senior executive positions

Module 2: Designing a Corporate Strategy

• The strategic management framework
• Corporate strategy development
• Types of corporate strategies
• Establishing values, visions, and mission
• Assessing current trends using internal and external analysis
• The strategy documentation worksheet
• Strategy facilitation tool kit
• Functional strategy development
• Approaches to implementing corporate strategy

Module 3: Marketing Analytics to Drive Growth

• Definition of terms
• The Role of marketing analytics
• Designing optimal marketing decisions
• Marketing analytics tool kit
• Asking the right questions
• The Power of data analysis in marketing analytics

Module 4: Enterprise Risk Management Using the COSO Model

• Introduction and History of the COSO Model
• Objectives of the COSO ERM framework
• Developing a risk response
• Recognizing risk event
• Monitoring enterprise risk
• Implementing risk control activities
• Aligning the risk management objectives with business objectives
• Executing risk assessments

Module 5: Managing Change

• Importance of understanding the change management principles
• Change from the employees’ perspectives
• Adapting the organization’s financial goal to difficult times
• Business process improvement
• Designing an approach for unforeseen changes

Module 6: Conducting Financial Analysis

• Introduction and Types of financial analysis
• Classes of financial statements
• Importance of financial analysis
• Analyzing an income statement
• Analyzing cash flow
• Measuring operational effectiveness and efficiency
• Analyzing a balance sheet
• Reporting to stakeholders

Module 7: Managing Difficult Times

• Introduction to people management
• Tools for effective communication
• Strategies for effective communication
• Formulating messages for different audiences
• Managing difficult team members
• Proactive vs reactive communications under challenging times

Module 8: Introduction to Mergers and Acquisitions (M&A)

• Introduction to M&A
• Types of M&A
• The legal structures of M&A
• Strategies of M&A
• Financing an M&A
  – Stocks
  – Bonds
  – Other financing options
• Reasons for M&A
• Business valuations
• The Mergers and Acquisition process

Module 9: Analysing Global Investments and Cost of Capital

• Evaluating current financial markets
• Factors impacting global financial markets
• Adapting capital budgeting to global opportunities
• Integrating international risks to valuation processes in global investments

Module 10: Financing Strategies

• Managing supplier credit
• Objectives of Capital
• Negotiating credit facility
• Financing lifecycle
• Variation of debt financing
• Introduction to Mezzanine financing
• Venture capital financing
• Going public to raise finances
• Private equity financing
• Financing a leveraged buyout

Module 11: First 100 Days as a Chief Finance Officer

• Team building
• Structuring the finance option
• The competencies of the modern CFO
• Analyzing the maturity level of the finance function
• Preparing for change management
• Measuring impacts and possible adjustments