Practical Operational Finance
Amecus Business Training Specialists
Practical Operational Finance This is a hands-on, practical, easy-to-follow, lively, fun-toattend course intended for Junior Middle and Supervisory managers. The content will take you from zero understanding of business and finance, to operational financial understanding, which you’ll be able to apply easily at work. Short, easy-to-follow modules, each in simple text, are supported by illustrative case-studies and group discussions. Why Amecus Finance Training Courses? At Amecus, our belief is that all employees of a company should be financially literate. We show the impact that each employee has on the profitability, efficiency and financial performance of the company. The knowledge is empowering as we show the employees how they, in their own right, can make a difference to business performance.
Module B: What the company owns • Assets and asset turnover - measuring efficiency • Return on assets - measuring business performance • Elimina ng waste The Financial Freedom Game
Outcomes: What you will learn The Income Statement - What has happened? • What are sales? • What are costs? • How do I, as an employee contribute to both of these? • Net Margin - What is profitability and how do we measure it? • Moments of Truth - Customer service for internal and external customers and the effect on business performance • The seven deadly wastes that affect companies and how I as an employee can help to prevent these
The Balance Sheet - Where are we now? • Assets - what does the company own? • Liabili es - what does the company owe? • Owners Equity - who owns the company and what do they expect? • Asset Turnover - how do we measure efficiency? • Return on Assets - how do we measure We create a vocabulary of finance that performance? allows for financial conversa on and the understanding of organisa onal financial goals. The key outcome of our interven ons, from an organisa onal point of view is enabling a culture change to one that is focused on financial performance in which each employee understands his immediate impact.
Programme Contents Module A: Customers and the Income Statement • Sales is linked to customer service • Measuring profit and profitability
Why should we provide this programme The PracƟcal OperaƟonal Finance Game At the end of the course, delegates will play a to our employees? Benefits to employees • A sense of personal empowerment through improved understanding of the company finances • An enhanced sense of personal responsibility and ownership for the financial performance of the company • The ability to par cipate in financial discussions around the performance of the company • The development of a financial vocabulary which employees will be able to use with confidence
game - see the game board, in which they will revise the en re content of the programme as they manage their finances and apply what they have learned in a compe ve game.
Programme Delivery •
Designed for train-the-trainer in-house presenta on.
References for Amecus Finance Training Program •
Benefits to the company • Crea on of a culture change to one in which employees have a clear sense of responsibility for their contribu on to the financial performance of the company • • Communica on to employees is enhanced through the common language of finance • Awareness for the need for a culture of customer service is created in every • employee • Through the awareness of and understanding of waste, costs can be be er controlled and reduced
‘”The Amecus financial material was brilliant. My strengths are technical and pharmacological, so I learned a huge amount. All my team must go on the program.” HR Director - Coca-Cola, Peninsula Beverages “Excellent! This finance program was the most useable and prac cal that we have ever used in the Market and the feedback was outstanding.” CEO Cape Town Market. “One of the best training programmes that we’ve ever presented in the company. It forms the basis for understanding financial and the control of our assets.” Manager Eastern Pla num Mine - Brits
The Amecus Business Finance Suite
Middle and Senior Managment
Prac cal Managerial Finance
Supervisory Management
Prac cal Opera onal Finance Financial Freedom
Workforce
Contact us: Amecus Corporate Governance (Pty) Ltd +27 (0)21 674 2372 info@amecus.co.za P.O. Box 44733 Claremont, 7735 Cape Town
Amecus is a level 3 BBBEE provider and is accredited with FASSET
www.amecus.co.za