Develop the skills to manage the 4 roles that every controller needs-number cruncher, custodian, analyst and business partner Highlights: • The 3-day programme is highly interactive with exercises & role plays to ensure you develop your key role as a controlle • Master the 4 quadrants of a successful controller • Boost your career by becoming a key manager Key Competences: • Managing financial statements • Protecting corporate assets • Ensuring compliance • Defining budgetary metrics • Using analytical tools • Implementing controls

The Strategic Controller: Adding Value to Your Organization is a 3-day hands-on training programme, highly interactive with exercises and role plays. The programme will be led by an experienced facilitator with former financial management experience in international companies.

Modules:

1 - The Four Quadrants of the Controller's Job in Today's Business Environment 

• Knowing how a controller fits into a business 
• Understanding the controller's role in management 
• Recognizing goals a corporation must achieve to succeed 
• Exploring high-level controller functions, role quadrants, and organizational relationships 
• Meeting staffing needs and competency levels 
• Identifying basic areas of a controller's responsibilities

2 - Quadrant 1: Number Cruncher — Ensuring the Timeliness and Accuracy of Financial Statements 

• Assembling a comprehensive chart of accounts 
• Identifying areas of input for financial statements 
• Recognizing the importance of developing internal controls over financial reporting 
• Utilizing analytical tools to verify and reconcile account balances 
• Using standardized entries for preparing timely financial reports

3 - Quadrant 2: Custodian — Establishing Enterprise-Wide Controls to Safeguard Corporate Assets and Ensure Compliance 

• Developing an internal control checklist related to enterprise-wide risk management 
• Establishing effective controls safeguarding corporate assets 
• Identifying compliance requirements for timely submission 
• Recognizing strengths and weaknesses within the control environment

4 - Quadrant 3: Analyst — Defining Budgetary Metrics and Parameters to Evaluate Financial Health 

• Checking financial statements for reasonableness 
• Delineating the informational needs of the users of external financial information 
• Identifying the content of and comparing types of budgets 
• Differentiating between levels of internal reporting needs 
• Identifying measurable units for products, product lines, departments, sectors, and regions 
• Understanding variance analyses for identified measurable units 
• Predicting future activity or budgets using cost-volume profit analysis

5 - Quadrant 4: Business Partner — Furthering the Financial Goals of the Organization 

• Aligning and evaluating an organization's value proposition, goals, and objectives 
• Recognizing activities that add value to the organization 
• Identifying and evaluating nonfinancial areas for cost control measures 
• Communicating with and building alliances with business partners 
• Applying the functions of the four quadrants to a case study

You are an assistant controller, division/plant controller or corporate controller. You want to become more effective in your role. This programme focusses on the 4 quadrants of the controller's job.


Typical Participants are:
• Senior Managers
• Managers