Financial Management for Program Staff Course


INTRODUCTION

This course aims to build the confidence and skills of program staff to use financial management tools to implement project activities in a cost effective, controlled and accountable way.

DURATION

5 Days

WHO SHOULD ATTEND?

This course is designed for non-finance program managers and project officers of international NGOs who manage or directly implement projects. It is not suitable for finance staff.  A background in finance is not required for this course.

LEARNING OBJECTIVES

At the end of the course, participants will be able to:

  • Create a fully-costed budget using the activity-based budgeting technique
  • Build a phased project budget from a project activity plan
  • Use a funding grid to manage multiple-donor funded projects
  • Use budget monitoring reports to review and manage project progress
  • Apply key policies and procedures needed to safeguard project cash and equipment
  • Describe the four Building Blocks of Financial Management and the role they play in achieving good practice in financial management in program implementation
  • Describe the key organizing tools of a financial system, including the Chart of Accounts and Cost Centers.

TOPICS TO BE COVERED

Introductions, expectations and program overview

Getting Organized

  • Four Building Blocks of Financial Management
  • Who does what in financial management?
  • Coding structures

Financial Planning 

  • The financial planning process
  • Practical budgeting
  • The challenge of multiple donor-funded projects

Financial Reporting and Monitoring

  • Accounting essentials – where do the figures come from?
  • Which reports do we need in program management?
  • Overview of the annual financial statements
  • Using budget comparison reports for program management

Internal Control

  • Internal control in the field – what goes wrong?
  • Key internal control policies and procedures
  • The role of audit

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.