Creating a World-Class Finance Function
What is a world-class finance function, and why should you want to create one in your workplace? This course will help you to implement best practice in finance and accounting to optimise quality and efficiency, and to provide the best possible service to your stakeholders.
£150 +VAT
Creating a World-Class Finance Function
£150 +VAT
365 days’ access
Creating a World-Class Finance Function
This course is not currently available. To find out more, please get in touch.
This course will enable you to
- Recognise what makes a world-class finance function
- Meet the needs of all stakeholders efficiently
- Create processes that add value
- Provide effective operational control
- Embrace change and steer the finance function forward
- Use the simple ‘assess-plan-do-review’ framework to drive continuous improvement
- Be an inspirational finance leader
About the course
What is a world-class finance function, and how do you create one in your workplace? Establishing a world-class finance function requires implementing best practices within the finance and accounting team to optimise quality and efficiency, putting processes in place to provide the best possible service to internal and external stakeholders, and cultivating a high performing team that works together to deliver value to the organisation.
Contents
Defining “world-class”
What does world class look like?
A world-class finance function
World-class characteristics
Overcoming the obstacles
Understand the barriers
The future of finance
The role of AI
Can AI help accountants?
Future finance skill
The right mindset
The agile accountant
The ethics of tech evolution
Prioritising stakeholders
Meet the stakeholders
Pleasing everyone
Managing stakeholders
Stakeholder analysis
Seven simple steps
Data is the key
Managing data
Value-adding finance processes
What is a business process?
Agents of change
The benefits of failing
Finance business partnering
The right priorities
Maintaining control
The finance function as controller
Exerting control three ways
Runners, repeaters, and rarities
Which controls to apply where
Your finance function toolkit
Next steps
Leadership goals
Creating the right culture
Keeping control during change
Regular check-ups
Author
Ross Maynard
Ross has worked as a consultant and trainer for over 20 years, specialising in finance processes, management information and performance measurement. He supports organisations to understand their processes; facilitates improvement teams; and supports staff to work together as a team to deliver tangible and sustainable improvements.
19 reviews for Creating a World-Class Finance Function
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Nick Rudderforth –
Very interesting take!
Diane Leacock –
Really helpful and structured assessment and steps towards creating a world class finance function.
Eva Fehervari –
I loved this course with the technical ideas in it to improve our finance function.
Kevin Skipper –
Clear, concise & helpful insight into the steps to achieve a world class finance team
Andrew Judge –
good course- covered a lot of things. Instructor i have seen 2 or 3 of his courses, they are usually good
Miriam O Mahony –
Interesting content & effectively displayed
Andrew Lane –
Really clear and easy to understand.
Mark Austin –
This is a great module and I am going to apply my learnings It is very clear and structures and flows nicely
Allan Young –
Perhaps not so relevant to smaller businesses with limited finance department resources but still good to know and understand what “world-class” looks like and requires. Some useful tools to use for evaluation.
Rebecca Mgadla –
This course is very top notch, simplified and well-structured to empower leaders in Finance Function delivers. It addresses the critical areas of leadership and culture, which are very fundamental for success in managing change.
Marijana Trifkovic –
The content is relevant, up to date and useful, can be easily implemented
Nick Conville –
.
Vishvaprem Punjabi –
A must do course
Abigail Wright –
learnt a lot to put into practice
Frances Coffey –
An easy to digest course with some very useful content. Not too taxing for a less experienced accountant.
Daniel Walsh –
.
John Mwanza –
An interesting concept I need to implement immediately is the FMEA, which I have never used before. It is a method of assessing risk and failure points to guide safer process improvements.
Galeage Pilatwe –
Very informative course, I enjoyed it very well.
Ka Wa Choi –
The course is full of good suggestions