The Finance Business Partner

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As a finance business partner, you need credibility and influence within the management team. This course looks at the finance business partner role, and how you can develop to take on this strategic role in your or your clients’ businesses

£100 +VAT

4 CPD hours

120 days’ access

Use ACPD101 for 10% off any purchase.

The Finance Business Partner

£100 +VAT

4 CPD hours 120 days’ access
Use ACPD101 for 10% off any purchase.

The Finance Business Partner

This course is not currently available. To find out more, please get in touch.

This course will enable you to

  • Understand the role of the finance business partner and how it differs from traditional transactional and management accounting
  • Become a core part of management decision-making, using financial information to influence and shape outcomes
  • Help your business interpret the internal and external environment through good information sources so that both financial and strategic targets can be achieved
  • Identify and overcome the challenges involved with the finance function and finance business partnering
  • Understand how best to implement a successful finance business partner approach that results in an effective and respected finance business partner role

About the course

What a business needs from finance is evolving. Increasingly, back-office functions have become automated and a different role, that of the finance business partner, has emerged.

The finance business partner plays a key strategic role in a business, and, has the opportunity to become a trusted business advisor. This requires a different set of skills to the traditional finance back-office function. You will be expected to be strategic, focusing on the value of the information you provide, and extracting and correlating financial figures to help your business make relevant decisions, which are closely aligned with your strategic outcomes.

As a finance business partner, you need: to have credibility and influence within the management team, to be articulate and proactive in your approach and, most importantly, to have a thorough understanding of where your business can create value. This course explores the finance business partner role, and how you can develop your skills to become a trusted advisor in your or your clients’ businesses.

Contents

The finance business partner role

The finance business partner
How did business partnering emerge?
The role of the FBP
The traditional finance function
The benefits
The pitfalls
The reporting function
Improving reporting

Current perceptions of finance

A view of the finance function
Looking inwards
What needs to change?
Finance communications
Challenges for FBPs
The main challenges

Aligning FBP with business

The focus for FBPs
Information sources
Requirements for success
Senior management support
Business acumen
More on tools

Skills for success

Business partnering as a process
A service delivery mind set
Adding value
Valuable communications
A good FBP
Communication is key
Emotional intelligence
Influencing others
Digital transformation
The right skill set

How it works

Author

Sean Purcell

Sean Purcell (BA ACMA CGMA) has been involved in the training and development of finance staff for over 20 years. He has worked extensively with both CIMA and ACCA, designing and delivering both CPD and management development programmes for them, and has delivered over 200 courses in Singapore, Malaysia, Hong Kong, Dubai, Sri Lanka, Zambia and Croatia. Sean is a Visiting Executive Professor at the London School of Commerce, an award winning trainer of finance staff and an acknowledged expert on the role of Business Finance Partner.