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Description
Description
The treasurer is the custodian of the company's daily liquidity. He manages, anticipates and secures cash flows by ensuring that financial needs are covered.
This cursus will give the ability to assist the treasurer of large corporates directly and practically, or to take over the treasury responsibilities in a SME.
The different modules will allow you to acquire the fundamentals of the different areas of the "Corporate Treasurer" profession.
Programme
Module 1 - Introduction to Treasury Management
Speaker: Benjamin Defays / Treasury Manager
Bank account opening/closing
KYC
Payments and bank connectivity
Liquidity structures
Cash forecast
Importance of working capital
Factoring/reverse factoring
Main financial measures
Economic thinking
Risk Measures
Hedging
Fraud risk
Credit risk
General context
Bank guarantees
Letters of credit
This course include also a part on Trade Finance and Credit and Collection
Trade Finance applied to Treasury :
General context
Cultural aspects
Why trade finance in treasury
Security instruments
Type of instruments
Bank guarantees
Letters of credit
Cash against documents
Alternatives
Credit and Collection applied to Treasury :
- Introduction to credit risk management
- Concepts & Practices/Types of credit risks
- Understanding financial statements and ratios
- Credit Scoring/Ratings – S&P, Bloomberg models
- Collection:
- Collecting overdue receivables – setting priorities
- Strategies dealing with overdue invoices
- Debt collection services development
Module 2 : Payments, Cash Management and Banking Relations - Fundamentals
Speaker François De Witte / Treasury Consultant
Payment and interbank clearing and settlement methods.
Payments instruments, processes and tools
Electronic banking channels
Working capital, cash and liquidity management – basic concepts
Day to day cash management
Organisation of the cash management and tooling
Financing the company
Basic insights in managing banking relationships
Module 3 : Risk Management Applied to Treasury - Fundamentals
Speaker: François Masquelier / CEO
- FX, Interests
- Counter-parties
- Others (Reputation, etc…)
- Objectives of hedge accounting
- Required documentation and formalization of hedge accounting relationships
- Different types of hedges (Fair Value, Cash Flow, Net Investment)
- Booking adjustments of different hedge types
- Typical examples of different hedge types
Module 4 : Cyber-fraud: what you need to know to manage this ever increasing risk
Speaker: Thierry Hamon / Cash management & Cybersecurity expert
- Getting an overview of the different cyber-attacks techniques currently used
- Understand the possible consequences of cyber-fraud and what needs to be protected
- Learn 50 ways to protect
- Special focus on IT backup, fraudulent emails & disaster recovery plan for treasury
- Co-construction of counter-measure list for all main cyber-attacks
- Personal action plan definition for each participant
Public cible
Anyone who wants to acquire basic knowledge of corporate treasury and put this knowledge into practice.
Prerequisites
- Basic background in finance or accounting
- For the advanced Excel workshop, a preliminary (good) knowledge in Excel is required.
Conditions
Course Material
Please note that for environmental reasons no paper version of the training material will be provided for your training. The course material can be downloaded free of charge via your portal before the start of the course (download the Client Portal User’s Guide here). You will be able to view it on the screen of your mobile device or print it if necessary. If your registration has been made by a training manager of your company please contact him/her so that he/she can give you access to it or send it to you.
Certificate
At the end of the programme, the participants will receive a “Certificate of Attendance” delivered by the House of Training, and an attestation of “Exam Success Pass” delivered by ATEL.
In order to get certified, an 80% rate of attendance and a 60% average score on the examinations are required.
The participants will also receive a one-year free membership to ATEL giving a number of advantages.
Location
L-1615 Luxembourg
Luxembourg