Mastering Cash Balance Management

Details

Participants will delve into the principles of cash balance management, exploring techniques for forecasting, optimizing, and controlling corporate cash reserves. The training covers various strategies for managing daily cash flows, investing excess cash, and mitigating risks associated with cash handling and currency fluctuations.

Target Group

Target Group:

• Treasury Managers
• Financial Controllers
• Cash Management Officers
• Accountants involved in treasury functions
• Financial Analysts responsible for liquidity planning

Goals

• Understand the fundamentals of effective cash balance management.
• Develop robust cash forecasting models to predict future cash requirements.
• Implement strategies to maximize cash liquidity and minimize costs.
• Learn best practices for handling and investing corporate cash reserves.
• Enhance skills in risk management to safeguard cash positions.

Target Competencies

• Cash Flow Forecasting: Ability to predict and plan for future cash needs accurately.
• Liquidity Management: Skills in maintaining optimal liquidity levels to support business operations.
• Investment Management: Knowledge of short-term investment options for excess cash.
• Financial Risk Assessment: Proficiency in identifying and mitigating risks related to cash management.
• Strategic Financial Planning: Capability to align cash management strategies with overall business goals.

Outlines

Introduction to Cash Balance Management

• Key Concepts in Cash Management
• Role of a Cash Manager in Corporate Finance
• Understanding Cash Cycles and their Impact on Business
• Overview of Regulatory Requirements Affecting Cash Management
• Interactive Discussion: Current Trends in Cash Management

Forecasting and Planning Cash Flows

• Techniques for Effective Cash Flow Forecasting
• Tools and Software for Cash Management
• Developing a Cash Flow Statement: Step-by-Step
• Case Studies: Successful Cash Flow Management Models
• Practical Exercise: Creating a Cash Flow Forecast