Controlling Costs & Cash In Real Time – New Roles Of Controller As Strategic Partner

Overview:
Our current business environment is chaotic and constantly changing due mainly to technology and other prevailing forces. Controllers are often too heavily focused on “numbers” and running the company by the numbers rather than with the numbers. Those seeking to become effective Controllers must move away from “pencil-pushing” and focus more on relationships and “people-pleasing”. This session focuses on the soft side of the business and how Controllers can become effective as strategic partners rather than mere super accountants as many do that is elevated to Controller positions from lesser finance or accounting positions.

Learning Objectives:
•  Controller’s expanded role in turbulent times
•  Leadership tools & techniques
•  How to become a trusted partner and an un-trusting official at the same time
•  How to obsessively focus on customers, cost and cash as key success factors
•  How to manage and control the cash to cash cycle
•  How to run the company with, and not by the numbers
•  How to provide preferred financial information
•  Key ratios and trends
•  Use of rolling forecasts vs. traditional budgeting
•  Essential elements of internal controls

Areas Covered in the Session:
The turbulent ever-changing and technology-driven world of business requires changing and evolving roles for controllers. The focus is currently more on the soft side of the business, rather than on accounting and reporting. It is more about people-pleasing than pencil-pushing. Studies have shown the controllers who want to rise in the ranks to CFO must learn to put down their pencils and master the soft skills.

Who will benefit:
•  Controllers
•  Assistant Controllers
•  Accounting & Finance Managers/Supervisors
•  Any Financial or Accounting Professional seeking to become Controllers
•  Any Financial professional seeking to understand the changing role of Controllers in chaotic times
•  Any Non-Financial professionals seeking to understand the changing role of Controllers in changing and chaotic times