Treasury Management and Forecasting (Pretoria, South Africa)


Cash is the lifeblood of organisations and the importance of the treasury function cannot be overemphasised. Treasury management is a broad field within the finance area which is becoming a top priority for most finance people. With the everincreasing range and complexity of this field, treasury managers need to update their skills continuously in order to effectively deliver in their crucial duties.

Treasury Management and Forecasting (Pretoria, South Africa)

Course Description

This course addresses recent trends in the field of treasury management. It covers core concepts of treasury management including cash forecasting, working capital management, risk management and treasury systems management. It includes the role of treasury in today’s corporate organisation. The course provides a comprehensive understanding of the intricacies associated with treasury and cash management functions; which include the functions, roles, and responsibilities as well as the key skills, tools, strategies and techniques essential for efficient treasury and cash management.

  • Corporate, banking and financial professionals responsible for treasury management, accountable for treasury activities and who need to learn about the treasury functions
  • Professionals responsible for monitoring financial risks, including credit and interest rate risks
  • Managers and decision makers, whose decision making and risk analysis techniques will be improved upon by the tools, techniques, strategies and best practices offered by this course
  • Professionals who will gain a new perspective and appreciation for corporate decision-making processes from attending this course

This course sets out to provide participants with a comprehensive understanding of how to manage the treasury function and equip them with the essential competencies.

By the end of the course, participants will:

  • Appreciate the basic concepts of cash management in order to enhance organisational performance
  • Recognise the roles, responsibilities, tools and strategies associated with treasury management, including best practices and procedures
  • Have improved treasury management skills
  • Better understand the importance of
    • Cash budgeting and forecasting
    • Treasury systems
    • Risk management
    • Working capital management
  • Be able to optimise the accuracy of forecasts and maintain their usefulness under differing scenarios
  • Appreciate recent trends in treasury management

1. Introduction to Treasury Management

  • Treasury role and framework
    • Role of treasury department
    • Challenges and changes in the treasury role
    • Treasury community
  • The evolution of treasury and cash management
  • Roles and responsibilities of corporate treasurers

2. Treasury Strategy

  • The strategic role and scope of treasury management
  • Linking treasury strategic planning with business and financial strategy
  • Impact of treasury management on the organisation’s performance

3: Cash Management

  • Cash management objectives
  • Benefits of cash management
  • Cash management methods
  • Cash flow forecasting
  • Sustainable cash flow improvements with bespoke approaches
  • Cash concentration
  • Tax, legal and regulatory constraints
  • Working capital management

4: Cash Forecasting

  • Cash flow basic concepts
  • Objectives of cash forecasting
  • Uses of cash flow forecasts
  • Importance of cash forecasting to treasury management
  • Practical considerations in cash forecasting
  • Accurate data collection
  • Robust cash flow forecasting
  • Forecasting approaches
  • Forecasting tools
  • Long, medium and short term
  • Statistical vs items level forecasting
  • Models for Cash Forecasting

5. Working Capital Management

  • Principles of working capital
  • Why working capital is important and how it can be optimised
  • Receivable and inventory management
  • Payables and other credit

6: Fundamentals of Finance and Treasury

  • Finance and accounting: where does treasury fit?
  • Financial terminology
  • Money market and capital market conventions

7: Treasury Management Systems and Data Analytics

  • Communication with financial institutions
  • Processes and reporting automation
  • Information need by treasurers for their treasury management function
  • How does the industry provide information management services to treasurers?
  • Use of data analytics to optimise cash management
  • Use of big data used in treasury analytics

8: Risk Management

  • Human, operational, market and credit risks including:
    • Interest rate risk
    • Foreign exchange risk
    • Operation risk
    • Liquidity and cash flow
    • Risk of fraud
    • Political risk
  • Managing risks

9. Treasury Systems and Data Analytics

  • How data analytics can be used to optimise cash management
  • Processes and reporting

10. Cash Management and Treasury Management Best Practices

  • Case studies

The training approach is highly interactive. It uses a mixture of presentations by the facilitator and by participant(s), group or individual exercises, use of case studies and role plays. These proven learning techniques enhance understanding and retention of covered issues.