Facility Financial Management Course


INTRODUCTION

This course provides insight into the financial planning and management roles of the facilities manager. Facility managers are called upon to estimate and manage capital and operational budgets as well as support facility-related financial decisions.

 DURATION

5 Days

WHO SHOULD ATTEND?

  • The course will be beneficial for those people new to Facility Management or for those managers who wish to advance their career.
  • Real estate professionals with formal property qualifications who want to refresh their knowledge or take courses that were unavailable when they were students
  • Professionals in associated industries such as architecture, planning, construction, engineering, law, accounting and finance to gain a deeper understanding of the property discipline
  • The general public.

LEARNING OB JECTIVES

The course will assist students to

  • Demonstrate understanding of the concept of facility financial management
  • Explain facility financial management cycle
  • Demonstrate understanding and application of basic financial management skills
  • Describe accounting and financial control systems and demonstrate ability of their application
  • Able to create a financial performance report
  • Develop an understanding of the importance of linking planning and budgeting
  • Learning how to identify the required resources in preparing a budget
  • How to estimate the cost of services
  • Developing tools and techniques for preparing a budget.
  • Learn and develop appropriated leadership skills, knowledge and attitudes in basic financial management and resource mobilization
  • Demonstrate ability to analyze and interpret financial reports and statements for purposes of decision-making

TOPICS TO BE COVERED

  • Financial accounting principles and practices
  • Balance sheet and operating statement analysis
  • Capital and operational budgeting
  • Deferred maintenance and budget justification
  • Charge-backs and allocations
  • Facility budget factors in leasing
  • Life cycle analysis
  • Time value of money
  • Capital decision-making
  • Benchmarking

Enroll for this Course

We are proud to offer this course in a variety of training formats to suit your needs.

IRES

Enroll to In-Person (Face to Face)

We use the highest quality learning facilities to make sure your experience is as comfortable as possible.

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IRES

Enroll for a Virtual Zoom Class

Join a scheduled class with a live instructor and other delegates.

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IRES

Enroll for Online Self-paced Class

Keep track of your own progression throughout your course and ensure continuous improvement.

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Benefits of Taking a Course at IRES

LEARN

Our courses are carefully curated to keep you abreast of latest industry trends, technological advancements, and best practices. We employ a variety of teaching methodologies, including hands-on workshops, case studies, and interactive sessions, all aimed at fostering an engaging and effective learning environment. Our expert instructors bring a wealth of knowledge and real-world experience, providing our clients with insights that can be immediately applied in their professional lives.

NETWORK

Our courses serve as a vibrant platform for professionals to connect and engage with a diverse community of peers, industry leaders, and experts. By participating in our programs, you gain access to an invaluable network that spans across various sectors and geographical boundaries. This networking aspect is not just about forming professional relationships; it's about creating a supportive ecosystem where ideas, opportunities, and collaborations can flourish.

GROW

Our courses are designed to challenge and inspire professionals to step out of their comfort zones and explore new horizons. Through a combination of theoretical knowledge and practical application, our programs help professionals refine their existing skills and acquire new ones, making them more versatile and competitive.

FAQs & Course Administration Details:

This training can also be customized to suit the needs of your institution upon request. You can have it delivered in our IRES Training Centre or at a convenient location. For further inquiries, please contact us on Phone: +254 715 077 817 or Email: [email protected].
The instructor led trainings are delivered using a blended learning approach and comprise of presentations, guided sessions of practical exercise, web-based tutorials and group work. Our facilitators are seasoned industry experts with years of experience, working as professional and trainers in these fields. All facilitation and course materials will be offered in English. The participants should be reasonably proficient in English.
Upon successful completion of this training, participants will be issued with an Indepth Research Institute (IRES) certificate certified by the National Industrial Training Authority (NITA).
Payment should be transferred to IRES account through bank on or before start of the course. Send proof of payment to [email protected].
Accommodation and airport pickup are arranged upon request. For reservations contact the Training Officer. Email: [email protected] Phone: +254 715 077 817.

Who else has taken this course?


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