Managing Cashflow for Non-Oil & Gas Industry

26 – 28 Jan 2011 | Bogor

6 – 8 Apr 2011 | Jakarta

7 – 9 Sep 2011 | Bandung

7 – 9 Dec 2011 | Jakarta

Course Overview

Managing Cash Flow for Non-Oil and Gas Industry is very important in business operations - small or large company, which may result crucial and critical problems in running day-to-day the operations or business activities. The company funds may be taken from lenders, bankers, and stakeholders can be potential high risks for management of the company, which are bound by paying installment of the loans at the agreed at certain due dates. Inability to pay the suppliers and vendors on time will effect supplying of raw materials and services providers to cut and stop sending the raw materials or stop contract services. In ability to pay its employees’ wages and salaries, postponement of settlement of corporate income tax and its employees’ income tax are will drag the company to bad conditions. Therefore, the Treasurer or Cash Manager of the company must have cleared authority and responsibility to manage the company’s cash management and its must have the ability and skills to take the position of the company by the goals & objectives “Never run out of cash”. The requirement of the skilled Treasurer or Cash Manager will help President & CEO of the company to be always having a peaceful mind in managing the company. Claims from suppliers, vendors, banker, lenders, employees and other institutions can be avoided if the treasurer or cash manager has the ability to manage it Cash Flow. The key success of the company to settle its liabilities on time will be distributed by how good the budget of the company during the year.

Course Objectives

The attendants or non-treasurer or non cash manager experience/background will be provided with the wide range of Cash Management’s coverage, which can affect participants’ daily jobs, which actually must be paid with cash. This Cash Management is requiring to clearly understood and comprehend all the company’s accounting records and financial reports:

• ·Annual Budget of the company
• ·Sales budget for the year and Sales policy and procedures
• ·Sales forecast for the year
• ·Credit sales policy and procedures
• ·Accounts Receivable policy and procedures
• ·Accounts Payable policy and procedures
• ·Sources and Uses of funds
• ·Income from the operations
• ·Investing funds
• ·Money and banking
• ·Set up Cash management policy and procedures
• ·Etc.

Course Benefits

By attending this course, participants will be geared through a remarkable contribution to the success of the company. The participants upon complete this course will be able to be exposed to the treasury or cash management functions, which are duly expected by management to back up management decisions in the achievement of the company’s goals and objectives. The participants can pro-actively assist management to pay its financial liabilities and avoid cash flow problems and minimize claims from suppliers, vendors, services contractors and keep doing other responsibilities.

Who Should Attend?

It is urged the participants of this course all middle management levels: Operation Manager, Procurement Manager, Plant Maintenance Manager, Production Manager, Supervisors, Treasury staff, and other Supports Departments.

Course Content

Day one:

Equity Capital | Accounting | Funds | Operations | Annual Report | Net Income | Depreciation Expense | Deferred Tax | Accounts Payable | Accounts Receivable | Extra Ordinary items | Money | Business | Company | Sources | Investment

Day two:

Cash Management Solutions (CMS) | Cash Management Techniques for Improving Profitability | Cash Management Managing your Business Dollars: Increase Cash Inflow, Reduce Cash Outflow, Increase the yield on Idle Funds | Cash and Liquidity Management | Motive Behind Cash Management: Transaction Motive, Speculative Motive, and Precautionary Motive | Aspect of Cash Management: Cash Budgeting, Optimal Cash Balance, Long Term Cash Forecasting, Investment of Surplus Funds, Reports for control, Cash Management Models, Cash Collection and Disbursement

Day three:

The 10 absolutely Must-Follow Cash Flow Rules: Never Run Out of Cash, Cash is King, Know the Cash Balance Right now, Do today's Work today, Either You do the work or Have someone else Do It, Don't Manage from the Bank Balance, Know What You Expect the Cash Balance to be six months from now, Cash Flow Problems Don't “Just Happen”, You Absolutely, Positively Must Have Cash Flow Projection, Eliminate Your Cash Flow Worries So You are Free to Do What You Do Best Take care of Customers and Make More Money | Cash Management Functions and Five Main Tasks of Cash Management | Closing Summary

Course Leader

Jamaluddin Siregar, BBA, Sth, Dipl Int’l Management, MBA

For more information please call

Indonesia Professional Development Center (IPDC)

Rasuna Office Park II,Unit QO-08

Komplek Apartemen Taman Rasuna, Jakarta 12960

Phone (62-21) 837 86465 / 837 86477 Fax: (62-21) 837 86478

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