- 24 Aug 2022 Online
The objective of this programme is to cover the management of the accounts payable function and to ensure that sufficient processes and controls are in place to make certain that the costs are only paid which are correct and valid. It also covers the interface with all parts of the organisation, including operational, procurement and finance departments, the daily controls within the department, and the reporting of costs to the relevant managers. The course also covers the management of the department, and the accounting and audit requirements. Management of an accounts payable and payroll department requires additional skills over and above other management issues, such as the confidentiality of information and relevant reporting.
Who Should Attend
The course is designed for those directors and managers whose financial and management responsibilities encompass the efficient management of accounts payables, and the substantial costs which are incurred by organisations. It will also benefit those who receive management reports on costs and those senior managers who have accounts payable staff reporting to them. The course is also useful for managers in the Procurement function to help them understand the importance of cost control and its complementary functions with their department. This course will be particularly helpful for:
- Chief Accountants
- Heads of Finance
- Finance Managers and Accountants
- Financial Controllers
- Management Accountants
- Heads of Accounting and Administration
- Accounts Payable Managers
- Accounts Payable staff
- Procurement Directors and Managers
- Procurement professionals
Benefits of Attending
- Understand the importance of correct accounting for costs
- Appreciate the reasons for strict control measures on costs
- Be aware of the risks in accounts payable and how to mitigate them
- Implement the latest best management of accounts payables
David is a Chartered Accountant with a varied career path covering financial management positions. David gained an honours degree in economics and accounting at Leeds University, and then qualified with Deloitte & Co in the city of London. He then worked for a public shipping and logistics company for 19 years progressing through various financial roles in the UK, Australia, USA, Holland, France, Belgium, Germany, Italy and Spain. The operations covered not just logistics, but also energy, distribution of oil and gas, freight forwarding, agencies and warehousing. His roles spanned all areas of financial responsibility and customer negotiations, culminating as Divisional Finance Director.
David then moved to the food sector where he held senior positions and participated in two management buyouts. He has also performed many financial interim roles in different organisations.
David is the Chairman of two audit committees, Director of an institute, and Chairman of a tax group. He is also a Director of private companies and has his own accountancy practice providing accountancy and tax services to a range of clients.
As well as lecturing on financial training in the UK, Europe, Middle East and Far East, his other lecturing experience has been to technical tax groups and start-up organisations. His presentation experience has been enhanced by making internal and external presentations during his career.
David’s style of presentation is to demystify the areas of finance and to explain the concepts in a stimulating and interesting way. He encourages participation and discussion and has the advantage of having been there and done it, and so can approach issues from a practical viewpoint drawing on his experience.
He delivers a wide range of subjects such as: Finance for Non-Financial Managers; Financial Analysis and Evaluation; Strategic Financial and Management Accounting; Budgeting, Forecasting and Cost Control; Modern Accounting; Internal Auditing; Financial and Strategic Decision Making; Risk Management; Capital Structure; Cost of Capital; Capital Management; Management of Debtors/Creditors/Stock; Capital Budgeting/ Rationing; Internal Audit Planning, Preparation, Reporting and Communication; Evaluating Risk; Costing Techniques; and Sustaining Competitive Advantage.David’s clients include:
Advanced Electronics Company Ltd (KSA), Burberry plc, Central Bank of Nigeria, Egyptian General Petroleum Corporation, Kuwait Investment Authority, Kuwait Ministry of Finance, Kuwait Oil Company, Kuwait Oil Tanker Company, Kuwait Petroleum Company, National Oil Corporation (Libya), Qatar Foundation, Saudi Industrial Development Fund, CCCC International Hong Kong.
Pricing excludes 5% VAT, which will be charged where applicable.
Delegates who attend all sessions and successfully complete the assessment, will receive an Informa Certificate of Completion. The Certificates will be awarded in soft-copy.
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