Treasury Management
Conference Goals & Objectives
This interactive workshop is designed to provide the delegates with a detail understanding of Treasury Management Best Practices in: Treasury organizational structure, cash management, working capital management and the management of foreign exchange and interest risk. This workshop is designed for audiences with congruent learning objectives:
- It will provide middle management, front desk officers, product development and marketing with an in-depth understanding of the Treasury customer’s world, Best Practice tools and techniques. They will learn how to walk the Treasury solution talk in order to better support client requirements.
- The workshop is also designed to provide finance professionals with current, practical knowledge of the essential elements of Treasury management in a best practices environment. They will learn practical ideas on how to transform their Treasury into a world class operation that operates with better control, improved efficiency at a reduced cost.
Practice Areas
During course, the participants will practice
- Treasury organization models, benchmarking and metrics
- Corporate finance tools and techniques
- Funding alternatives including trade finance
- Global cash management, cash optimization tools and techniques
- integrated cash forecasting models
- Working capital management
- Best Practice use of Treasury technology
- Enterprise risk management with special emphasis on financial risk
Using worked examples and case studies, the delegates will learn how to apply Best Practice tools and techniques in all areas of Treasury management in order to improve control, optimize asset utilization, reduce cost and better leverage staff.
Pre Session Activities
Networking & Participant Introduction
Course introductions & Overview
Course Outline
Treasury Organization
- Treasury Objectives
- The critical factors
- Change in the Paradigm
- How the financial meltdown of 2006-2009
- How to improve control and effectiveness with less staff
- Vision for Integrated Treasury
- How to integrate all elements for improved results
- Treasury Benchmarking and Metrics
- Shift from P&L to Value-Add metrics
- Critical issues will be addressed during each relevant
- Session throughout the 2 day workshop
Treasury Technology
- Best Practice use of Treasury technology
- Map the process to success
- Layer the applications
- More effective than a hope for full integration
- Treasury Workstations
- From business justification to RFP to implementation
- What they can and cannot do
- How to best use the technology
- Worked example of how to design a Treasury technology structure
Treasury Tools
- Ownership of Treasury tools
- How to put an ownership program in place
- Treasury Products
- How to integrate the best solutions
- The regulatory environment
- Shared Service Centers
- How to view the alternatives and opportunities
- Managing bank relationships
- How to make it win-win
- How to reduce cost
Cash Flow Forecasting
- Forecasting objectives
- How success is defined
- Forecast models
- Worked examples of Direct vs. indirect models
- Forecast line items
- Map key cash flow drivers
- Reconciling the cash to the target and back
- How to become more strategic in forecasting
- Build the Forecast
- Step by step for success
- Worked example how to build a Cash Forecast model
Working Capital Management
- What is Working Capital
- Treasury’s role in Working Capital management
- Balance Sheet management
- Working Capital Best Practices
- Rules, tools, techniques and metrics to drive improvements
Enterprise Risk Management
- Objectives
- Categories of risk
- Core vs. non-core risks
- Putting a holistic process in place
- Step by step key elements
- COSO Framework
Derivative Instruments
- Defined and objectives in use
- Commodities
- Markets and hedging tools
- Interest rate risk
- Nomenclature and pricing
- Interest rate management strategy
- Interest rate Swaps, futures and CFD’s
- Foreign exchange risk
- Nomenclature and pricing
- Foreign exchange risk management strategy and operations
- Spot, Swaps, forwards, NDF’s, Options
- Foreign Exchange Policy key points
- Accounting for Foreign Exchange
- FAS 133 hedge accounting requirements
- Schedule of compliant and non-compliant transactions
- Comparison to IFRS accounting treatment
- Worked example of how customers integrate the management of risk with other Treasury responsibilities