Working as a Finance Professional in a Corporate Group – Clear Thinking to Navigate Complexity – E-learning [FHFIGR]
  • Operating cash flow - Know how to calculate and analyze cash flow and free cash flow using direct and indirect methods. Know how to make forecasts. Cash and WCR management and optimization - Know how to calculate cash flows - Know how to establish cash positions - €/currencies - Calculate and interpret the main current asset turnover ratios (DSO, DPO, DII). - be able to draw up and reconcile cash flow forecasts - master methods for optimizing cash flow and WCR in conjunction with operational staff
  • Project accounting - Earned value management - Understanding project accounting (cost accounting, earned value, performance measurement)
  • Creation of value ROCE (ROIC), WACC - Creation of value: ROCE (ROIC) - WACC (WACC) - Return on capital employed - Rotation des actifs (assets turn) - Intensité capitalistique (capital intensity)
  • Cost estimation, costing methods - Cost estimation, costing methods (target costing, analogical, parametric, analytical), level of precision, TCO, modes of evolution.
  • Project management - Project management (tasks, PERT, GANTT, critical path)
  • Forecasting methods - Construction of the forecast, forecast (reforecast or actual), budget, PMT and managing the forecasting cycle.
  • Modeling, simulation, scenarios - Modeling, simulation, scenarios
  • Project/program portfolio - Financial management of a project/program portfolio (PMO)
  • Profitability and investment decisions - Building a business plan - Financial indicators of investment profitability (NPV, IRR, payback) - Risks and opportunities - Sensitivity - Reviewing and approving an investment file, model relevance, challenging assumptions
  • Financial risks: counterparty, liquidity, interest rate, foreign exchange, equity - Analysis, valuation, risk mapping and hedging strategy: - Counterparty risk: financial analysis and mastering rating practices (internal, external) - Liquidity risk: ALM and group cash flow forecasts - Interest-rate risk: TF and TV loans, bond issues - Foreign exchange risk: exports, imports, hedging - Equity risk: dividends, share acquisitions and disposals, dealing room) - Project & (dis)investment risk Master the identification and valuation of financial and non-financial risks
  • Securities and financial markets - Notions of cost of money, liquidity, inflation, capitalization, discounting, interest calculations, actuarial calculations

Improvement

Target audience

- New entrants as: Financial managers
- Internal auditors
- Accountants
- Consolidators
- Controllers

1 day

With Tutoring

Prerequisites

It is advisable to be familiar with the company's financial statements

Objectives

◗ Analyze the different perspectives on financial statements within a Group.

◗ Assess the challenges faced by each financial stakeholder within the Group to identify best practices.

◗ Apply the fundamentals of consolidated financial statements, taxation, and cash management.

Training program

◗ 8 MOOC-style modules organized into 2 tracks

◗ Track 1 – The Context (4 modules – 3 hours)

– Introduction: What Is a Group? Stakeholders (CAC, AMF, etc.), the various sets of financial statements
– Reporting cycles: from monthly closings to the strategic plan, the financial statement preparation cycle, the budget cycle
– Consolidated financial statements: Why? How? Differences between parent company financial statements and consolidated financial statements
– In the event of an acquisition: acquisition process, PPA (Purchase Price Allocation), goodwill

◗ Track 2 – Various Careers in Finance (4 modules – 3 hours)

– Taxation within a Group: local taxation (deferred taxes, tax consolidation), international taxation (taxpayer’s location), and Group taxation (transfer pricing, CBCR)
– Treasury and Financing: managing liquidity (cash pooling, netting systems), securing financing (forecasting), and managing financial risks (foreign exchange, interest rates, commodities)
– ERP and Shared Service Centers (SSCs): Group systems and organization, process standardization, delegation of authority, internal control and governance, working with a Shared Service Center (SSC)
– Beyond the Numbers: The dual line of responsibility for finance professionals, pitfalls to avoid

◗ One-on-one remote tutoring session (1 hour)

Why choose this course?

Finance professionals must juggle numerous sets of financial statements: consolidated financial statements (whether prepared in accordance with IFRS or not), management data, local accounting standards, tax regulations, and so on. Faced with multiple constraints, they must constantly shift their perspective, all while working within a very tight reporting schedule.

It is important for them to have a clear understanding of the requirements of their role within a corporate group. This 100% online training course is ideal as part of an onboarding program for young finance professionals.

Teaching and assessment methods

This training is 100% online on the FinHarmony Digital platform. Its content is equivalent to 1 day's face-to-face training.

The courses are designed in a MOOC format to provide an engaging and dynamic learning experience. Each module is structured around one or more videos featuring a FinHarmony expert, supplemented by activities and hands-on exercises. An assessment quiz concludes each module to ensure that the key points have been retained.

Learners can spread their learning over the 3-month period. Modules are released as the learner progresses. Once completed, they can be used again and again until the end of the subscription period.

Technical and pedagogical support :

– At the end of Course 2, a tutoring session is scheduled with the instructor to discuss the learner’s professional context and reinforce the skills acquired.

- Documents are available (as downloads or links) for further information.

– A forum allows learners to communicate with the instructor.

A FinHarmony certificate is awarded to the learner upon completion of all the courses

Price

600 € (excluding tax)

Testimonials

Online training - Finance

Online training - Finance

Online training - Finance

Jonathan C.
Company
Training