The Finance Business Partner

Summary

What a business needs from finance is evolving. Increasingly, back office functions have become automated and a different role, that of the finance business partner, has emerged.

This course is provided by a third party provider accountingcpd.net and the fee charged is exclusive of VAT.  Training tickets are not applicable on this product. 

Venue details:  
Online, ,
Start date & time:  
01 January 2019 00:00
End date & time:  
01 January 2022 00:00
Price: €85.00  (€85.00 Member price)
By registering for this course you have accepted the terms and conditions
CPD hours:  
4.00
Speaker details
First nameLast name
AccountingCPD. net

Description

Product type:  
CPD online course
Category:  
Finance, management reporting and analysis

The finance business partner plays a key strategic role in a business, and, as a result, has the opportunity to become a trusted business advisor. This requires a different set of skills to the traditional finance back office function. You will be expected to be strategic, focusing on the value of the information you provide, and extracting and correlating financial figures to help your business make relevant decisions, which are closely aligned with your strategic outcomes.

As a finance business partner, you need: to have credibility and influence within the management team, to be articulate and proactive in your approach and, most importantly, to have a thorough understanding of where your business can create value.

This course looks at the finance business partner role, and how you can develop to become a trusted advisor in your or your clients' businesses.

Course overview

The finance business partner role

  • What is the finance business partner?
  • How did business partnering emerge?
  • How does it compare to the traditional finance function?
  • What are the benefits of the approach?
  • What are the pitfalls?
  • How widely used is it?

Current perceptions of finance

  • How is the finance function seen by others?
  • How does the finance function see itself?
  • How does finance need to change?
  • What are the main challenges when introducing finance business partners?
  • What can go wrong?

Aligning finance business partners with business

  • What is the typical focus for a finance business partner?
  • What makes a good source of information?
  • What are the business requirements for success?
  • How do organisations develop business acumen?
  • What tools can finance business partners use?

Skills for success

  • Where should a new finance business partner start?
  • What is a service delivery mind set?
  • How can a finance business partner add value?
  • Who makes a good finance business partner?
  • Why is communication so important?
  • How can finance business partners build good relationships?
  • How can a finance business partner develop a good skill set?