Course Details

This course is appropriate for a wide range of professionals but not limited to:

• Treasury Managers and Specialists
• Cash Management and Liquidity Analysts
• CFOs and Finance Directors
• Corporate Finance and Planning Managers
• Senior Accountants and Internal Auditors

• Expert-led sessions with dynamic visual aids
• Comprehensive course manual to support practical application and reinforcement
• Interactive discussions addressing participants’ real-world projects and challenges
• Insightful case studies and proven best practices to enhance learning

By the end of this course, participants should be able to:

• Establish a robust treasury organization, including policy, governance, and effective control mechanisms, successfully.
• Master centralized cash and liquidity management techniques, including pooling and netting efficiently.
• Develop accurate short-term and long-term cash flow forecasts for strategic decision-making reliably.
• Implement hedging strategies using derivatives to mitigate foreign exchange (FX) and interest rate risks competently.
• Manage banking relationships, payment systems, and treasury technology effectively.
• Understand and ensure compliance with key treasury regulations (e.g., banking regulations, tax implications) proactively.

DAY 1

Foundation and Governance of Treasury

• Welcome and Introduction
• Pre-test
• The strategic role of corporate treasury and its place within the organization
• Treasury structure and governance: centralized vs. decentralized models
• Developing and enforcing comprehensive treasury policies and procedures
• Key internal controls and fraud prevention in treasury operations
• Introduction to banking relationships and managing bank fees

DAY 2

Cash and Liquidity Management

• Core principles of effective cash management and optimization
• Operating cash cycle and working capital management (AR, AP, Inventory)
• Techniques for efficient cash gathering and disbursement processes
• Global cash concentration: understanding zero-balancing and target balancing accounts
• Introduction to treasury netting and payment factory models for cross-border flows
• Managing short-term investment portfolios and money market instruments

DAY 3

Cash Flow Forecasting and Funding

• Methodologies for short-term (daily/weekly) and long-term (annual) cash flow forecasting
• Integrating operating plans, CapEx, and debt service into cash flow projections
• Analyzing cash flow variance and improving forecast accuracy
• Understanding corporate funding needs and sources (debt, equity, commercial paper)
• Managing existing debt, loan covenants, and credit rating agency relationships
• Developing contingency funding plans and maintaining adequate buffer liquidity

DAY 4

Financial Risk Management and Hedging

• Identifying and measuring key financial risks: Market, Credit, and Operational
• Understanding Foreign Exchange (FX) exposure (transaction, translation, and economic)
• FX Hedging: Utilizing forward contracts, options, and swaps for mitigation
• Managing Interest Rate Risk: Tools like swaps, caps, and floors
• Treasury best practices for credit risk management and counterparty assessment
• The fundamentals of commodity risk management and hedging strategies

DAY 5

Technology, Compliance, and Future Trends

• Introduction to Treasury Management Systems (TMS) and their functionalities
• Electronic payments and security: SWIFT, ACH, and BACS standards
• Regulatory compliance (e.g., Basel III, EMIR/Dodd-Frank) and its impact on treasury
• Tax considerations in global treasury structures (e.g., transfer pricing fundamentals)
• Emerging trends: Blockchain, real-time payments, and API-based treasury integration
• Post-test
• Certificate ceremony