Course description
What does a NextGen finance function look like and why would you want your finance function to be transformed into one?
Commission this course as a bespoke, In House event to ensure that your finance team is ready to play a transformational and leading role in your organisation. Your bespoke programme can include:
- What is a NextGen finance function?
- Steps to become a NextGen finance function
- Automating your processes
- Adding value to your organisation
- Optimising your team
- Running a finance transformation project
- Becoming an influencer in your business
- Ensuring your NextGen success
Working with experienced faculty you'll spend time looking at how your finance team can shift their focus to add more value to your company; taking a strategic, forward-looking approach and engaging effectively with the rest of your business.
There are many aspects to a finance transformation project. The improvement and automation of processes plays a key role, but your team also needs to adapt in order to become key influencers in your business. This course gives you effective methodologies to upskill your finance team so they are ready for their roles in the Next gen finance function.
Upcoming start dates
Suitability - Who should attend?
- Finance leaders seeking to hone and uplevel their existing skills
- Senior managers in the finance function who currently or are ready to play leadership roles and drive transformational change
- Invite your full finance team to join all or part of the programme.
Outcome / Qualification etc.
By the end of this course, attendees will be able to:
- Describe what a NextGen finance function is, how it operates and why that can benefit your entity
- Identify all the aspects of a finance transformation project that need to be in place to ensure successful delivery of your business’s finance operations going forward
- Define what the “finance function adding value” actually means for your business, and the role of the finance team in this
- Lead a discussion on the key attributes, skills and behaviours that finance staff need to demonstrate to be seen to be adding value in your entity
- Upskill your team using the methodologies we will provide
- Mitigate some of the barriers to becoming an effective NextGen finance function, and know what needs to be in place for the transition to a Next Gen finance function to work
Training Course Content
This is a sample of what your Workshop might cover:
NextGen finance function:
- What is a NextGen finance function and how that compares to traditional finance operations
- Why your finance function needs to become NextGen
- What is involved in a finance transformation project
Skills,attributes and behaviours needed to add value:
- What are the key skills, attributes and behaviours needed for a finance team to add value?
- French and Raven’s work on power
- Basics of colour theory relating to people personality preferences
- The pyramid principle and practical tips for effective presentation of financial information to non-financial staff
Adding value to your business:
- What does adding value mean?
- How do finance teams add value?
- Exploring the roles of finance teams in the context of adding value
Ensuring your NextGen finance function works
- Right organisational structure
- Clearly defined roles
- Communication
- Principles of running a finance transformation project
- Annual budgeting / planning process
- Barriers to an effective NextGen finance function
- Bringing it all together.
Course delivery details
- Group live instruction
- Interactive case studies
- Participation will be encouraged
- At VantagePoint, we have a policy to avoid unnecessary printing. All course materials will be provided in soft copy. The only printed materials will be those necessary for exercises in class.
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VantagePoint Training
Welcome to VantagePoint Training, an exciting name in finance, sustainability and ESG training backed by many years of experience! Why choose VantagePoint Training?At VantagePoint Training we deliver premium training courses in London, Amsterdam, Miami, Geneva, Dubai and other international locations. ...