Finance for Non-Finance Professionals HNI Training & Coaching
Price: QAR 5,985
  • Locations: Doha
  • Duration: 3 Days
  • Timings Full Time, Full Time

    Course details

    Who Should Attend:

    This 100% practical programme requires a minimum of 12 participants.

    •  Managers, Supervisors and Team Leaders who analyse, forecast and plan
    • Sales Managers who make decisions that impact sales and operations
    • Team Members
    • Course Objectives

    Participants play all the major roles in an operating company - production, R&D, sales and marketing, management and finance - to get first-hand experience with:

    • Team decision-making in each area
    • Generating financial statements
    • Preparing budgets and forecasting cash flow
    • Calculating basic ratios
    • Comparing operating income and ratios to that of competitors
    • Implementing change and measuring results
    • Using ratios and other measurements to identify the 'buttons' which drive company performance and behaviour
    • Taking initiative in everyday activities leading to reductions in costs, inventories and working capital
    • Working creatively with customers and suppliers
    • Interpreting operating reports and financial reports
    • Prioritising and controlling costs
    • Targeting profit opportunities
    • Using historical and competitive bench-marking to improve your bottom line
    • How to better serve internal and external customers
    • Seeing how actions impact other areas of the company.

    What will you gain?

    By the end of this course you will be able to explain:

    • Basic financial statements and their management uses: Income Statement (P&L) and Balance Sheet
    • How market conditions impact business decisions
    • The difference between cash and profit
    • Fixed and variable costs
    • Cost structure and capacity utilisation
    • Budgets and cash flow forecasts
    • The impact of inventory build-up
    • The need to control working capital
    • Ratios as metrics for management (ROA, ROI)
    • The specific financial metrics used by your company to gauge performance, and why they are used
    • Effects of strategy changes

    Course Content

    The content is based on a team competition consisting of six business cycles in which teams have full decision-making power and are accountable for the results. In each cycle, teams develop and implement a business strategy for their company, which incorporates real-world dynamics, such as production capacity, customers, prices and financing.

    Each cycle includes the following activities:

    • Competitor and market analysis
    • Setting prices in a competitive market
    • Monitoring cash flow
    • Preparing an Income Statement, Cash Flow Statement and Balance Sheet
    • Posting, comparing and discussion of results
    • Teams have opportunities to improve their companies with real-world business solutions including expansion, quality initiatives and niche marketing
    • Finance learning is integrated within the simulation activity include cash flow forecasting, budgets and unit cost analysis

    Job roles this course is suitable / will prepare you for

    Learn & Fall in Love with Finance & Budgets

    Course Location

    About HNI Training & Coaching

    HNI Training and Coaching as a Dubai training center, is an innovator and leader in human capital development, providing world-class experiential corporate training solutions and services in English and Arabic to organisations in the MENA region. HNI Training and Coaching is amongst the leading training institutes in Dubai that currently offers training courses in Abu Dhabi, Dubai and Doha in 16 different categories.

    See all HNI Training & Coaching courses

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