Evolving Role of Finance Manager

PLAN, MANAGE, AND FORECAST YOUR BUDGETS

Many finance professionals in NPOs come from MNCs and private sectors, either post-retirement or seeking lifestyle changes. While their financial expertise is commendable, they might overlook the unique challenges and governance requirements of charities.

This course is designed to help you address accounting gaps in your charity and become a more effective finance manager. You will learn how to develop a comprehensive action plan that covers all aspects of financial management, including:

Venue: ILC Training Hub

20 & 21 November 2023
Day 1: 9:00 am to 5:00 pmDay 2: 9:00 am to 5:00 pm

ABOUT THE SEMINAR

Despite bringing with them a wealth of experince and expertise, many finance professionals who come from MNCs do not understand the intricacies of NPOS.  The unique challenges and governance requirements of charities can be daunting, even for the most seasoned professionals. To ensure future success, they must meet the expectations of management, board, donors, and regulators.

The seminar will shed light on 5 fundamental skills that all board members and senior management must seek for and understand when it comes to financial managers for charities:

  1. Redefining the Finance Manager’s Role
    Understanding the evolving responsibilities of finance managers in charities and aligning them with the new Code of Governance requirements.
  2. Assessing and Enhancing Competency
    Evaluating your current competency level in key areas and developing a comprehensive action plan to bridge any competency gaps.
  3. Staying Relevant in a Changing Landscape
    Navigating emerging trends such as Environmental, Social, and Governance (ESG) practices, leveraging data to gain insights and technology to enhance financial management.
  4. Addressing Board Expectations
    Identifying Boards and Treasurers’ key concerns and expectations regarding the finance function and developing effective strategies to meet those expectations.
  5. Empowering Management and Board Support
    Enhancing your ability and effectiveness to support and collaborate with the management team and the Board.

WHAT YOU WILL LEARN

By the end of the seminar, participants will be able to:

  1. Gain a deep understanding of the roles and responsibilities of finance managers in charities, ensuring alignment with the new Code of Governance.
  2. Identify competency requirements and create a comprehensive action plan to bridge any identified gaps in knowledge and skills.
  3. Effectively manage communication and collaboration with the Board, ensuring clear and impactful messaging.
  4. Position for the future role of finance managers in a rapidly changing environment.

SEMINAR HIGHLIGHTS

Led by Ms. Goh Puay Cheh, a seasoned professional with over 30 years of diverse experience, excels in designing governance structures and strategies for both profit and non-profit organizations. Former Executive Director of IIA Singapore and COO at ISCA, she brings a wealth of knowledge to her work and embraces continuous learning.

Learn how to be a finance manager in a charity aligned with governance codes, assess competencies, enhance communication with the board, and navigate change effectively.

Understand the role of a finance manager in an NPO and how the role differs from an MNC.

Pre-approved VCF funding of up to 80% available for charities.

WHO SHOULD ATTEND

Accountants & Finance managers, Senior management overseeing the finance function, Finance committee members

DATES AND TIMES

20 & 21 November 2023Day 1: 9:00 am to 5:00 pmDay 2: 9:00 am to 5:00 pm

SEMINAR FEES & FUNDING

Save up to $324 by reserving your seats before 8 September!

New Item
AFTER EARLY BIRD
  • Standard Fee$1,944
    VWOs-Charities Capability Fund Training Grant$944*
    Community Care Training Grant$194.40**

All prices stated include GST.

*Up to 80% seminar fee funding for NCSS member agencies(CCF Subsidy is capped at $1000 per pax)

**Up to 90% seminar fee funding for AIC approved organisations to be claimed directly from AIC. (Full payment is required from participants at the time of registration.)

For details and funding eligibility, please consult with your HR department. Kindly note that we, as the training provider, are unable to assist with inquiries related to this funding.

ABOUT THE FACILITATOR

Goh Puay Cheh, PROGRAMME LEADER

Ms. Goh Puay Cheh is an experienced senior professional with expertise in designing, reviewing and implementing governance structure and strategies to provide consultancy and assurance services to for-profit as well as non-profit organizations.

Puay Cheh was formerly the Executive Director of the Institute of Internal Auditors (IIA) Singapore from 2016 to 2021. Prior to that, she served as the Chief Operating Officer at the Institute of Singapore Chartered Accountants (ISCA). Her diverse career of over 30 years span from risk consulting, internal auditing, external assurance, IPOs, corporate finance, mergers and acquisitions – to developing training programmes and lecturing. This includes governance review and internal audit of charities, and participation in several Charities Council’s projects. She resumed her academic life in 2022.

Puay Cheh earned her B Acc from the NUS and an MBA from the Australian Graduate School of Business Management, University of New South Wales. A firm believer in life-long learning, Puay Cheh acquired various designations to hone her competencies, namely Certified Internal Auditor (CIA), Certification in Risk Management and Assurance (CRMA), Certified Information Systems Auditor (CISA), Chartered Accountant of Singapore (CA Singapore), Fellow of CPA Australia (FCPA) and Chartered Financial Analyst (CFA). In 2022, she acquired the CFA Institute Certificate in ESG Investing.