Essentials Skills as a Successful Finance Manager
6th-7th July 2009, Legend Hotel Kuala Lumpur
Dear Friend,
The job of a Finance Manager and his team is always on a hot demand. It is because in every business, the owner ought to know how the business performs, and, besides the other managers, he often relies on the Accountant, the Financial Controller, the Chief Finance Officer or the Finance Manager to help him manage the business profitably. Is he really such an important manager?
The Finance Manager is responsible for the administration and coordination of the company operations, including budgeting and audit prep, payroll, AP, and information systems including, accounting and database management that support the organization development. As a senior staff member, the Finance Manager participates in monthly reporting, budget tracking and audit, as well as staff development activities. The Finance Manager staffs the Finance Committee of the Board, recommends a plan for financial operations, and with Executive Director assist in establishing financial objectives and policies. The Finance Manager also ensures that the Board follow some accurate government compliance reporting and sees that mergers, acquisition and reconstruction enhance the value of the shareholders' investment.
So what is this workshop about?
This workshop is designed in hope to show you how to win yourselves praises from the Senior Management and Board on the ways you carry out the important functions of financial management by remaining focus and vigilant at all times.
The 9 Important Lessons you will learn during this 2-Day workshop
Lesson 1: Understand the Role and Importance of a Finance Manager and his Team
- Meaning of Financial Management
- Functions of Financial Management
- Objectives of Financial Management
- Organization of a Finance Department
- Responsibility of Financial Management
Lesson 2: Learn the Skill of Financial Planning so as to map the Key Performance Indicators for the Company and the Staffs
- Meaning of Financial Planning
- Main Aspects of Financial Planning
- Characteristics of a Financial Plan
Lesson 3: Appreciate the Major Areas of Financial Management that mean a Difference to the Survival of the Business
- Capital Budgeting, Capital Structure, Capitalisation, Cost of Capital, Funds Flow and Cash Flow Statement, Financing of Industry, Management of Inventory, Problem of Cash Management
- CASE STUDY: EKOVEST'S DUKE HIGHWAY
Lesson 4: Concern with the Capitalisation of a Business that can threaten or stifle or kill a Business
- Meaning of Under-Capitalisation
- Disadvantages of Under-Capitalisation
- Remedies of Under-Capitalisation
- Estimate the Capital Requirements
- Fixed Capital Requirements
- Working Capital Requirements
- Balanced Capital Structure
- CASE STUDY: HIAP TECK VENTURES
Lesson 5: Show the Knowledge and Skill of raising Finance to fund the Business
- Debt Equity Ratio
- Maintain a Balanced Debt-Equity Ratio
- Method of raising Finance
- Financing of Fixed and Working Capital
- Meaning of Debenture
- CASE STUDY: SUNINRA'S SILK HIGHWAY
Lesson 6: Plan to evaluate and control the Acquisition of Capital Assets to boost the Business
- Meaning and Nature of Capital Budgeting
- Procedure of Capital Budgeting
- Significance of Capital Budgeting
- Methods of Evaluating Capital Expenditure Proposals
Lesson 7: Realize the Importance of Working Capital Management to fluidly operate the Business
- Meaning of Working Capital Management
- Objective of Working Capital Management
- Importance of Working Capital Management
- Tools of Cash Planning
Lesson 8: Use some Tools to adjust Business in overcoming some Financial Adversities
- Adjusted Profit & Loss Method
- Balance Sheet Method
- Operating and Financial Leverage
Lesson 9: Able to trace the Past Path and pinpoint with accuracy the Decisions that had been made
- Objectives of Fund Flow Management
- Uses of Cash Flow Statement
- Distinction between Fund Flow Statement and Cash Flow Statement
- Distinction between Fund Flow Statement and Balance Sheet
Why should you attend this workshop?
You will learn the 10 essential skills that will enable you to truly understand what it takes for you to be a Successful Finance Manager.
You will learn how to:
- Staff the Finance Committee and keeps them apprised of progress on investments.
- Appreciate the importance of using the appropriate financial strategy to create shareholder value above market expectations
- Evaluate all activities and ensure appropriate polices and practices in preparation for audits.
- Consider how corporate behaviour impacts on achievement of corporate objectives, and the importance of corporate governance
- Maintain records to facilitate monthly reporting, budget tracking, and auditing and perform accounts payable and accounts receivable duties.
- Develop annual budget, oversee budget process and work with staff and board to develop both annual and long-term financial plans that align with strategic goals.
- Initiate, develop and maintain other record keeping systems that will increase the efficiency and stability of the company, including accurate government compliance reports.
- Understand financial strategy relating to stages of corporate development and capital structure
- Use and evaluate the various techniques of capital investment appraisal
- Effectively manage cash and working capital to reduce costs and improve cash flow
Course Leader
1) aGEE Lee has more than 22 years of experience in the commercial banking in Malaysia and has worked in Malayan Banking Berhad and seconded to Kwong Yik Bank Berhad in 1980 to set up a Legal Documentation Department.
He started as a trainee officer moving up to Branch Manager, Loan Manager managing Corporate and Commercial Loans and finally as Head of Loan Recovery Division bringing down NPLs to RM65m from RM800m.
He also worked in a property development company, then constructing a condominium and Nilai 3, for 2 years, and involved in a manufacturing company before working for 2 years in a construction company, executing federal contracts on roads, schools and colleges, in Kota Kinabalu, Sabah.
Besides marketing and approving the commercial loans, he was instrumental in setting up the Loan Recovery Section supervising about RM1.9b NPLs and was involved in structuring loans and lecturing modules on debt collecting and legal documentation on securities for 13 years.
His last appointment was with Hong Leong Bank Berhad in 2003/4 as Head of Remedial Management Department.
Agee Lee holds Honours Degree in Economics (major in Business Administration) from Universiti Malaya, Associate of Institute of Bankers (London), Diploma in Marketing Management (NPC) and Certificate in Financial Planning (MII).
He is now a Training Consultant for IBBM, MIA and Banks in Malaysia and Vietnam. Currently he has been giving talks on practical topics that will boost skills and confidence of participants.
2) W. F. Ngau joined the Audit firm of K.K.San & Liew, Hew & Company as an audit clerk in June 1967 and qualified as a Chartered Accountant in 1976.
In 1980, he joined Nylex Malaysia as Company Secretary/Accountant and was promoted to Group Financial Controller/ Company Secretary in 1986.
As Financial Controller/Company Secretary, W.F. Ngau was actively involved with numerous aspects of the corporate work like company secretarial, budgeting and forecasting, personnel, insurance, legal matters, projects evaluation, acquisitions and joint ventures (foreign and local) and the listing of Nylex on the Kuala Lumpur Stock Exchange.
In 1994, he was seconded by Tamco Group, a subsidiary of the Nylex Malaysia Group, to Shanghai, PRC China to do a feasibility study and finally set up a switchgear factory there. In 1997, he was appointed Senior Manager in the Overseas Operation for the Tamco Group and was put in charge of operations in China.
W. F. Ngau is now a Certified Financial Planner and has also become an accredited Vistage Chair in October 2008.
What others have to say after they have attended aGEE workshop
“Informative and good personal experience from the speaker”
Wilson Wong, Schenker Logistics (M) Sdn Bhd
“Job well done”
Chong Kim Cheng, WRP Specialty Products (M) Sdn Bhd
“Relevance to the working environment and filled with examples”
Choo HC, Teck Ping Chan (1976) Sdn Bhd
“Overall session has gone with good presentation in improving planning & leveraging cash flow”
Mohd Asrizan, Neural Oilfield Service Sdn Bhd
“I like best about the discussion on real life cases during the session”
Munirah Othman, Selia Selenggara Selatan Sdn Bhd
Who Should Attend: Finance Managers, Executive, Accountants, Financial Controllers, General Managers, CFO, COO, CEO and Directors.
Workshop Size: Registration is strictly to the first 25 people. This cannot be altered. If the past is any indication of the future, spaces fill up very quickly. If you are interested in attending, call us now or download the registration form here and fax it back to us at ++6 03 40235716.
HRDF Claimable: This workshop is claimable under the HRDF SBL Scheme. Checks with your department to make sure you are eligible.
Tax Deductibility: In all likelihood this seminar is tax deductible. Check with your accountant to be sure.
Workshop Investment $$: RM 1690.00 per delegates. This includes all workshop materials. Lunch will be provided.
Early Bird Offer!!
If you register yourself EARLY, you will enjoy a discount of RM100.00. For more information, please refer to the registration form here.
Group Discount!!!
If you register in group of 3 persons or more, you will enjoy additional 5% discount, and if your group are 5 persons or more, you will get a much greater discount of 7%, and 10% discount shall be entitled for group of 8 persons or more. So get your friend or colleagues to register with you!
100% Satisfaction Guaranteed
We understand that some of you don't know us. That is why we make this workshop a 100% satisfaction guaranteed. If for any reason whatsoever you don't feel like you have received more than your money worth by lunch break, simply hand in your materials for a complete 100% refund. No weasel clauses, no hassles, no questions asked. We won't lie, as rarely we have to make refund to our participants; however is our integrity which makes our business successful.
If you like what you have gone through so far, you may register yourself by downloading the full brochure here, and fax the registration form back to us at ++6 03 40235716. And if you happen to have some friends or colleagues who are looking for ways to improve their role as a finance manager, please forward this link to them.
Yours Sincerely,
BIZFinanceSeminar.com
Tel: ++6 03 40216000
Fax: ++6 03 40235716
Email: bfs@bizfinanceseminar.com
