Course : Improving the performance of the financial and accounting departments

Improving the performance of the financial and accounting departments

4,6 / 5

Conveying reliable financial information within a reasonable timeframe is more of a challenge than ever before. This training course will allow you to improve the performance of your finance function, specifically through a reduction in closure times, improvements to processes and the implementation of new management tools.

Inter

In-house

Custom

Practical course in person or remote class

Ref. SFC

Price : 1340 € E.T.

2d - 14h00

Dates and Registration

Teaching objectives

At the end of the training, the participant will be able to:

Position the accounting and financial functions within the company
Improve the quality of the various cross-departmental processes
Help you to be better organized so that you can focus on your high value-added specialist projects
Implement new management tools
Promote interaction between the accounting and finance teams and the other departments

Intended audience

Administrative and financial managers, accounting managers, managers of cross-departmental functions.

Prerequisites

Have verifiable experience in the accounting and financial functions.

Course schedule

Positioning the accounting and financial functions within the company

Defining the main tasks and determining the major objectives of the financial departments.
Analyzing the needs of internal customers.

Hands-on work

Discussions Listing and prioritizing the tasks within each company.

Assessing the performance of the financial departments

Ensuring consistency, quality and compliance in the financial reporting.
Managing the various regulatory, accounting and fiscal requirements.
Analyzing the cross-departmental processes: management and review processes.
Assessing the quality of the departments: reactivity, verifiability, productivity.

Hands-on work

Characterize the performance of the accounting and financial departments. Assess the processes in which the trainees are involved.

Arranging the implementation of the strategy for developing the organization

Establishing a unified and simplified management benchmark based on an ERP.
Adapting the tool to changes in the company in accordance with strategic, functional and financial requirements.
Standardizing reporting: reducing the closure and financial reporting timescales.
Ensuring that the accounting and finance frameworks comply with the regulations in force.
Enhancing performance: develop EDI, scanning of invoices, electronic data management.
Implementing new forms of organization: shared service center, outsourcing, etc.

Hands-on work

Case study Suggest ways to optimize closure times. List the best methods for organizing the department.

Optimizing the accounting and reporting processes

Constructing scorecards: defining performance indicators.
Establishing a process for the observation and analysis of internal and external performance.
Communicating with different contacts: knowing how to motivate.
Promoting the added value of the accounting and financial departments.

Hands-on work

Role-playing With the help of the scorecards you have designed, simulate how they might be used in a meeting between departments. Role-playing.

Customer reviews

4,6 / 5

Customer reviews are based on end-of-course evaluations. The score is calculated from all evaluations within the past year. Only reviews with a textual comment are displayed.

Dates and locations