CFOs have to create value through integrated financial, strategic and operating decisions. The Finance Management Academy’s goal is to develop the theoretical and practical tools essential to the execution and focussed on topics in the area of finance which are on the agenda of corporate finance managers.

Within 8 days the participants of this academy learn how to manage the challenges of the future. The modular structure allows interested participants to design their individual program

The intention of this Academy is to help managers to resolve their open issues in the area of selective corporate finance issues within their companies.

Modul 1: Strategic Accounting (1 Day)

• Profitabilty, Growth & Risk Analysis / Differences between HGB, IFRS & US-GAAP / Financial Analysis and Interpretation of Business, Company, Annual & Fiscal Reports

Lecturer: Mag. Thomas Kratochwill (Manager Shared Services, Sappi Europe)

Modul 2: Working Capital Management (1 Day)

• Working Capital Strategies / Working Captial & Cash Flow / Analysis of WC-Drivers (DSO, DPO, DIH) / Dependencies of WC with other KPIs / Realisation of WC Reduction Projects / Cusgtomer Consignment & WC Ratios

Lecturers: Mag.Thomas Kratochwill (Manager Shared Services,Sappi Europe)

Modul 3: Risk Management (1 Day)

• Key Concepts / Risk Management Approaches / Riskit Main Principles / Risk Manage-ment Infrastructure / Risk Identification / Risk Analysis  / Risk Control

Lecturer: Dr. Michael Trcka (ÖCI, Contrast Management Consulting)

Modul 4: Integrated Financial Planning & Simulation (1 Day)

• Integrated Planning Cycle with SAP / Rolling Forecast Models / SAP SEM / SAP PBS / Business Planning & Simalation Software Cases & Tools

Lecturer: Dr. Michael Trcka (ÖCI, Contrast Management Consulting)

Modul 5: European Tax Management – Tax & Revenue Management in SAP (1 Day)

• Tax Competition and Tax Harmonisation / Immovable Property and VAT

Lecturers: Mag. Gottfried Schellmann (Tax Advisor & Partner KPMG, Member of the C.F.E. Fis-cal Committee, Vienna) / Klaus Olbrich (Senior Tax Specialist, SAP AG)
 

Modul 6: Sarbannes Oxley Act & SAP (1 Day)

• non compliant SAP transactions / Analysis & Reporting Tools (VIRSA / Approva) / User Profiles / Compensating Controls / Evaluation with SAP MIC . Self Assessments

Lecturer: Mag.Thomas Kratochwill (Manager Shared Services,Sappi Europe)

Modul 7: Financial Shared Services (1 Day)

• Planning and Realisation of Shared Services Centers / Software Solutions / Workflow-concepts / Organisational Structuturing / Credit Control & Credit Management / Automation of In-tercompany consolidation / Master Data Management / Digital Signature / ROI Calculations

Lecturer: Mag. Thomas Kratochwill (Manager Shared Services, Sappi Europe)

Modul 8: SAP FSCM Solutions (1 Day)

• SAP Biller Direct / SAP Collections Management / SAP Credit Management / SAP Dis-pute Management / SAP Bank Communication Management

Lecturer(s): tbd. SAP AG

• Chief Financial Officers
• Corporate Finance Manager
• Head of Accounting & Controlling
• Group Controller
• Internal & External SAP Consultants
• Internal & External Auditors

• The course fee is EUR 4.000,-- (excl. 20% VAT) including course materials and beverage.
• The lodging and travel costs are not covered by the program fee.