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14 July 2020

Transforming finance professionals into business partners


Finance professionals evolving into business partners. The changing business environment plus greater demands for information from business managers emphasises the need for the finance professional to act as a business partner and play a more significant strategic role in order to add value and drive performance management. Irrespective of the size of the organisation, finance needs to transform to add value.

Who should attend?
The course is aimed at finance teams that work in large organisations as well as those in the SME sector. Being world class is not a matter of size. You will learn analysis, reporting, business strategy monitoring and performance management skills as well as successful collaboration techniques to feed directly into decision making and expand your role as a financial business partner. This course is for all visionary finance professionals. Latest practical case studies as well as leading thought leadership on the topic will be shared. 

  • Management accountants
  • Corporate accountants
  • Group financial accountants
  • Management reporters
  • Budgeting and forecasting managers
  • Corporate finance teams
  • Finance managers, analysts and administrators
  • Financial business analysts and advisers
  • Financial controllers
  • Finance directors

What you will gain

  • Understand the changing role of finance professionals and the finance team.
  • Discover how to turn financial data into important business decision making information.
  • Learn about the emerging technique of business analytics.
  • Tools and techniques for setting and monitoring business strategies.
  • Performance management techniques such as managing KPIs that give the best insights for improvement.
  • Ways to share financial skills and act as coaches and mentors across the business.

Programme outline

Drivers of change in finance.

  • Why the finance function must change: the changing business environment; the demands on finance from the rest of the business; moving up the finance value chain - from efficiency to effectiveness; from finance as a cost centre to finance as a value generator.
  • The need to become world class: what is world class finance?; driving efficiency in finance - finance working smarter not harder; delivering effectiveness in finance - the need to provide decision support; the shifting profile of the finance pyramid.

The broadening scope of the finance function.

  • The emerging strategic role of finance: why finance must get more involved in strategic issues; finance providing answers to the strategic questions of managers; linking strategy, budgeting and forecasting; finance's contribution to risk management - an increasing requirement.
  • Greater involvement in performance management: decision information - a key to strategic performance management; the key role of finance in performance management; performance management models for success; new dynamic management reporting trends that drive performance.

The enabling platforms for transforming finance.

  • The powerful management accounting tool-set: the importance of management accounting in finance transformation; exploring leading edge management accounting tools; applying new management accounting tools to drive business performance; other tools and techniques that complement management accounting.
  • Business analytics: understand and explore the power of business analytics; how business analytics can drive business value; predictive analytics to exploit business opportunities; how analytics can enhance the finance function.

Finance as business partners.

  • Exploring the concept of finance business partners: the emerging finance landscape - the emergence of business partnering; exploring the various models of business partnering; finance professionals as coach and mentor; finance business structures that drive true partnering.
  • The finance transformation journey: finance leadership - where the finance transformation journey begins; the required skills and competencies for transformation; the challenges in transforming - are you ready?; how the finance teams of leading global organisations are transforming.

This is one of a series of three CIMA Mastercourses, also including Big data and business analytics and Organisational risk management for finance professionals, presented by Aubrey Joachim to develop your strategic insight. Choose to attend a single course, or any combination on three consecutive days or at different times of year. 

The course starts at 9.00am. Lunch and refreshments are included.
6 CPD hours (where applicable). 

CIMA work in partnership with BPP Professional Education to offer CPD training courses

Booking Information

Date Location Price
14 July 2020 - 09:00 Online Live Price: GBP 634.00
Member price: £571. Plus VAT on all prices.
14 October 2020 - 09:00 Manchester Price: GBP 634.00
Member price: £571. Plus VAT on all prices.

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Transforming finance professionals into business partners

CIMA members and students should log in to MY CIMA before booking to receive the appropriate discount.

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In-house training 
We can develop tailored training programmes to enhance the finance and business skills of staff across your organisation. To discuss how we can meet your learning and development needs please email us.

Find out more 
If you have any queries please email or phone us on: +44 (0)3300 603400.

The venue for this course will be confirmed 14 days before the scheduled date. 

CIMA work in partnership with BPP Professional Education to offer CPD training courses.  

This course will be delivered by BPP Professional Education Limited (“BPP”).  Accordingly, when you sign up for this course, CIMA will pass on the contact details you have provided to BPP so that they can contact you to complete your booking and process payment.  BPP will process any personal information it collects about you in accordance with its privacy policy, which is available at:

The information provided to BPP will not be used by BPP for marketing purposes.

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