The 3-day 'International Treasury Management' programme:
- Provides an overview of the core elements of treasury management,
- Offers a sound framework for problem analysis and action planning, and
- Sharpens your understanding of the ecosystem in which treasury management plays its part.
Module 1: Financial Planning and Cash Management (speakers: François De Witte, Karen van den Driessche, Jef van Osta, Freddy Van den Spiegel, guest speaker: Tom Van der Auwera)
In this first module, we zoom in on the role and responsibilities of the treasury professional and how they are being impacted by these economically challenging times, changing regulations and technology developments. We address financial planning and cash forecasting in detail. We close the module with a Treasury practitioner sharing his experiences.
- Setting the stage: position & role of the treasurer today
- Financial planning and cash forecasting
- Cash forecasting and the financial planning process
- Direct and indirect cash flow forecast method
- Setting up an operational cash forecast
- Budget versus actuals
- Cash management
- Overview of flow products (bank accounts, payment transactions, transactional trade finance, international cash, e-banking)
- Payment and collection
- Cash Pooling
- Guest speaker testimonial
Module 2: Financing Strategies, International Business, Risk Management and Bank Relationship Management (speakers: François De Witte, Tim Van Raemdonck, guest speaker TBC)
In the second module, we focus on strategies for financing the organisation, with specific attention to bank financing and capital market financing. We zoom in on the specific nature of bank financing and bank relationship management. Next, we cover international business topics and financial risk management. We conclude by inviting a practitioner to provide a real-life testimonial.
- Financing strategy: Bank financing and capital market financing. Interaction with rating agencies.
- International business: a macro-economic view
- Risk Management in practice: Foreign exchange, Interest rate, Credit risk & Counterparty risk, Sovereign risk (trapped cash), Commodities, Liquidity risk
- Basic hedging techniques
- Risk assessment and hedging strategies
- Bank relationship management
- How feasible is it to obtain bank financing today?
- Which ratios do banks look at?
- How to ensure a stable banking relationship in the long-term?
Module 3: Organisational and regulatory framework; recent market trends and challenges (speakers: Tim Van Raemdonck, François De Witte, Séverine le Blevennec, Anni Mykkänen, Jean-François Caillol)
In the final module, we focus on organisational aspects related to the treasury function (structure and performance measurement). And furthermore, we zoom in on trends in treasury management, such as regulatory changes, transaction automation and the use of technologies. We conclude the programme with an integrative case study.
- Organising the treasury function
- Centralised vs. decentralised treasury, decisions impact statement
- In-house banking, and cost management
- Relationship with other departments
- Governance policies and procedures
- Internal controls
- Trends in treasury management
- Regulatory changes (Basel III, MiFID 2, SEPA, EMIR, BEPS)
- Automation and new technologies
- Integrative case study