The Finance Business Partner Institute of Chartered Accountants of Ireland

Price: USD 137

Duration: 5 Hours

Course details

What a business needs from finance is evolving. Increasingly back office functions have become automated and a different role, that of the Finance Business Partner, has emerged.

More about this Event

Training tickets will be debited 5 points.

The Finance Business Partner plays a key strategic role in a business, and as a result has the opportunity to become a trusted business advisor. This requires a different set of skills to the traditional finance back office function. You will be expected to be strategic, focusing on the value of the information you provide, extracting and correlating financial figures to help your business make relevant decisions which are closely aligned with your business strategic outcomes.

As a Finance Business Partner, you need to have credibility and influence within the management team; to be articulate and proactive in your approach and most importantly to have a thorough understanding of where your business can create value.

This course looks at the finance business partner role, and how you can develop to become a trusted advisor in your or your clients' businesses.

This course will enable you to:

Become a core part of the management decision team, using financial information to influence and shape outcomes
Help your business interpret the internal and external environment so that both financial and strategic targets can be achieved
Understand how best to implement a successful finance business partner approach that results in an effective and respected finance business partner role

Learning Outcomes

The finance business partner role

What is the finance business partner?
How did businesses partnering emerge?
How does it compare to the traditional finance function?
What are the benefits of the approach?
What are the pitfalls?
How widely used is it?

Current perceptions of finance

How is the finance function seen by others?
How does the finance function see itself?
How does finance need to change?
What are the main challenges when introducing finance business partners?
What can go wrong?

Aligning finance business partners with business

What is the typical focus for a finance business partner?
What makes a good source of information?
What are the business requirements for success?
How do organisations develop business acumen?
What tools can finance business partners use?

Skills for success

Where should a new finance business partner start?
What is a service delivery mind set?
How can a finance business partner add value?
Who makes a good finance business partner?
Why is communication so important?
How can finance business partners build good relationships?
How can a finance business partner develop a good skill set?

Updated on 08 November, 2015

About Institute of Chartered Accountants of Ireland

Chartered Accountants Ireland (The Institute) is a membership body representing 23,000 influential members throughout the globe. their role is to educate, represent and support their members. their members work in senior positions in practice and industry. they are committed to restoring confidence at every level of the economy. they work with governments and businesses to raise awareness of the importance of sound financial advice.

Chartered Accountants Ireland was established as the Institute of Chartered Accountants in Ireland by Royal Charter in 1888. Its activities and those of its members are governed by its Bye-Laws and by Rules relating to professional and ethical conduct. These provisions are contained in the Handbook which is available to all members.

Chartered Accountants Ireland is governed by a Council and it is responsible for determining policy and monitoring its implementation. Council is lead by the Officer Group and supported by the Management Team and staff. A number of committees with voluntary member involvement also play a key role.

See all Institute of Chartered Accountants of Ireland courses

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