Financial Management for Non-Financial Managers

Offered by: Lifa n Lúce Consultancy
Delivery Mode: In-person / Online / Blended
Target Audience: Department managers, team leaders, project coordinators, admin professionals, and decision-makers without formal finance training
Objective: To empower non-financial managers with practical financial knowledge, enabling them to read financial reports, manage budgets, and make informed financial decisions that support organizational success.

• The basics of financial accounting and terminology

• Overview of income statement, balance sheet, and cash flow statement

• Interpreting key figures: revenue, profit, assets, liabilities, equity

• The connection between financial reports and operational decisions

• Common financial ratios and what they reveal

• Purpose and process of budgeting in organizations

• Creating and managing departmental or project budgets

• Forecasting revenues and estimating costs

• Identifying variances and taking corrective action

• Communicating budget plans to teams

• Fixed vs. variable costs, break-even analysis

• Cost-benefit analysis and ROI

• Managing expenses and identifying cost-saving opportunities

• Making business decisions with financial impact in mind

• Financial risk awareness for managers

• Financial KPIs and performance tracking

• Building simple reports and dashboards using Excel

• Communicating financial performance to stakeholders

• Ethics, compliance, and responsible financial stewardship

• Developing a financially-aware mindset across teams

• Real-life financial scenarios and simulations

• Hands-on exercises using simplified financial data

• Budget templates and planning tools

• Certificate of Completion