Advanced Cash Flow & Working Capital Management

Start Date: 2023-08-21 End Date: 2023-08-25

Scheduled Dates:

     21-25 August 2023

     4-8 December 2023  

Venue:                      Windhoek, Namibia

Duration:                  5 days

Course Fee:             USD 1850.00

Course Description

The success of any modern organisation is centred on effective cash flow management, which is more important than profit realisation. Long-term cash flow is the real value of a business and has been recognised that there is significant potential for improved financial performance from the more effective management of working capital – both directly from immediate cash gains and reduced net interest costs, and indirectly through its impact on increased profitability and return on capital employed. Key challenges in achieving these performance improvements results from the fact that actual levels of working capital and delivery of cash flow are effectively determined by the day-to-day actions of a great many managers and staff, which in large corporations often run into tens of thousands. Nonetheless, this course is designed to provide advanced knowledge and skills in cash flow and working capital management.

The Aims of the Course

The course aims to:

• Provide advanced knowledge and skills in cash flow and working capital management focussing on optimising working capital, managing accounts receivable, managing inventory, strategic management of cash & working capital, planning, forecasting and monitoring cash and working capital and financial modelling tools and techniques for cash and working capital management.

Course Objectives

By the end of this training, delegates should be able to:

• Demonstrate a clear understanding of how to manage cash and working capital more effectively,
• Acquire an understanding of the fundamentals of effective management of cash flow, including the optimisation of the level of working capital,
• Develop practical experience of how to manage cash flow and optimise working capital to facilitate such delivery in real life business situations,
• Develop confidence through understanding the major drivers of successful financial performance,
• Forecast cash flows and draft a cash budget,
• Evaluate projects based on their expected cash flows,
• Focus on key management areas of inventory, accounts receivable and accounts payable,
• Be pro-active in seeking and finding approaches to improve both cash and working capital management,
• Communicate the importance of improving cash and working capital management to colleagues; and,
• Apply the financial tools and techniques in a real-world environment.

Target Group

• Business professionals,
• Strategic
• Business Development Planners
• Project Professionals
• Treasury Departments Staff
• Personnel employed in the
  • banking,
  • insurance and
  • general financial services sector
• Any operational, engineering, commercial, marketing, technical, or financial personnel whose work impacts on cash flow or working capital, and who wish to develop their expertise in these areas to support their current roles or for career development.