International Treasury & Cash Management

The essential elements of international treasury management

• I N T E R M E D I AT E CO U R S E

Tutor

Robert J. Novaria, EuroFinance Tutor & Consultant, US

OVERVIEW

This is the only course of its kind on international corporate treasury and will serve as your comprehensive guide to the essential elements of cash management. Over three days our expert tutors will use a mix of teaching methods including lectures, real life case studies and group exercises to provide you with practical skills and knowledge that can immediately be applied upon your return to the office. This course is also the ideal precursor for our intermediate level programmes.

It has been specifically designed for finance and treasury professionals who are either new to international corporate treasury or need to refresh or expand their knowledge to gain a practical understanding of all the technology, terminology and procedures. It is also relevant for banks, consultants and system suppliers who need to better understand the needs of their corporate clients.

LEARNING OBJECTIVES

Ensure that you are operating best practice in the current economic climate and receive the latest update on industry developments through the key topics:

The role of the corporate treasurer Liquidity management techniques Domestic and international banking

systems How customers choose banks for cash

management purposes How the money markets work and how

FX calculations work in practice The latest technologies and procedures

within the industry The various types of risk faced in

corporate treasury Cash forecasting and working capital

management

THE TUTOR

Robert J. Novaria EuroFinance Tutor & Consultant, US

Bob has more than 3O years of corporate treasury experience in the roles of treasurer, credit director, finance manager and controller at BP America and Amoco Corporation. He has successfully managed post-acquisition integrations, technology upgrades and corporate restructurings. Currently, Bob is a partner with the Treasury Alliance Group, leveraging his corporate experience in client engagements dealing with global treasury, risk and crisis management; cash management and cash flow forecasting; working capital management; shared service operations and general management. He also shares his experiences by tutoring others in courses such as international cash and treasury management, corporate risk management and cash flow forecasting, as well as by chairing, moderating and speaking at treasury conferences worldwide.

WHY TRAIN WITH EUROFINANCE?

Real world treasury training Leave with skills and techniques that you can immediately apply when you get back to the office.

Unrivalled knowledge of current best practice We talk to treasurers on a daily basis and know what matters most to the profession.

Expert tutors We have secured the services of the leading tutors in the profession with both banking knowledge and corporate expertise to give you the best all-round training available.

Truly global We run treasury events all around the world and attract a very international audience.

Practical teaching method Our courses aren’t just theory, we use real-life case studies and group exercises to illustrate each learning point.

We are the treasury specialists EuroFinance has been working exclusively with the treasury and cash management profession for over 2O years.

Official publication

DAY 1CORPORATE TREASURY AND BANKING

O8:3O Registration and refreshments

O9:OO Introductions, expectations and course administration

O9:3O The Role of Corporate Treasury

• Context, functions and responsibilities • At the treasury core: risk management, liquidity, relationships, capability • Sustain excellence & deliver successful transformation

1O:3O Landscape: infrastructure and practices

• Money movement: payments and collections • Clearing and settlement, role of central banks, controls • Developments, risks and challenges

1O:45 Refreshment break

11:3O Exercise: controlling payment fraud

11:45 Landscape: bank accounts

• Tax and treasury objectives • Domestic and foreign accounts • Withholding tax and non-resident issues

12:15 Exercise: bank account management challenge

• Identify challenges to accessing a “single source of truth”

12:3O Lunch

14:OO Landscape: regulatory requirements

• Maintaining reputation and LTO • Complex compliance challenge - Continuing focus on KYC, AML, BEPS, Basel III - Coping with PSD2, GDPR, US Tax Reform • Call to action; need for collaboration

14:3O Exercise: elements of KYC challenge

15:OO Refreshment break

15:15 Business models and treasury organizations

• Underlying business models and treasury structures • Typical stages of development

16:3O Exercise: pathways to centralization

• Identify insights gained by mapping centralization journeys

17:15 Leveraging ECTN: EuroFinance Corporate Treasury Network

17:3O End of Day 1 and social Drinks Reception

An informal social drinks reception will take place at the venue for those participants wishing to network with their peers. This will also be an opportunity to obtain one-on-one practical advice from the tutor.

DAY 2LIQUIDITY MANAGEMENT AND TREASURY SYSTEMS

O8:3O Refreshments

O9:OO Digital treasury transformation

• Survey perspectives; key elements and learnings

O9:3O Liquidity management objectives and techniques

• Focus on value creation • Objectives and processes for liquidity management • Focus on cash concentration • Physical and notional pooling; netting

1O:OO Efficient bank account architecture

• Conflicting priorities • Structures and approaches • Domestic, regional and global challenges

1O:3O Quiz: basic banking & liquidity management

1O:45 Refreshment Break

11:OO Day-to-day cash management routine

• Daily cash position • Reconciliations, controls and deadlines • Lessons from complex countries

11:3O Cash forecasting

• Insights into the process • Objectives; elements of the challenge; process specifics • Best practices

12:3O Lunch

14:15 Exercise: enhancing cash forecasts

• Assessing example uses of RPA & AI to deliver value

15:OO Refreshment break

15:15 Treasury systems and/or fintech solutions

• Emerging treasury ecosystem; role for fintech solutions • Technology challenges • Optionality available; examples

16:OO Exercise: data driven treasury

• Using research & diagnostic framework, assess effectiveness of your technology strategy

16:3O Selecting and implementing treasury solutions

• Requirement scorecards; due diligence • Embracing project and change management

17:OO End of Day 2

DAY 3FINANCIAL RISK AND BANK RELATIONSHIPS

O8:3O Refreshments

O9:OO Consensus on 2O19 Issues

O9:15 Risk management framework and policies

• Current trends impacting the role of treasurer • Holistic approach to managing risks; ERM • Risk management policies • Linkage to corporate control environment

O9:45 Exercise: financial risk management topics

• Prioritize financial risks based upon their potential impact on results

1O:15 Cyber threats

• Focus on internal and external sources • Role of staff training & process redesign

1O:45 Refreshment break

11:OO Payment risks

• Fraud solutions to mitigate risk • Need for payments strategy

11:3O Executing policies & strategies to mitigate risks

• Hedging & hedge accounting • Financing; stakeholder management • Crisis management; business continuity plans • Observation: expanding role of treasury

12:3O Lunch

13:3O Working capital management

• Metrics: including cash conversion cycle, cash flow generation • Optimization approaches; process opportunities • Viability of supply chains; fintech presence •

14:3O Exercise: what about blockchain?

• Pinpoint use cases with promise • Assess strategies and expertise required

15:OO Refreshment break

15:15 Bank selection process

• Role for banks in evolving treasury ecosystem • Bank landscape and profiles • Selection criteria; evaluation categories • Elements of the RFI and RFP processes • Conversation: factors that drive selection decisions

15:45 On-going bank relationship management

• Relationship considerations and challenges • Relationship management tools • Strategic partnerships

16:15 Course wrap-up; awarding certificates

17:OO End of Day 3

Close of course and presentation of certificates of attendance.

DATES & LOCATIONS

Houston, TX, US | 9-11 March 2O2O Register online at:

www.eurofinance.com/inter-houston

Chicago, IL, US | 1-3 June 2O2O Register online at:

www.eurofinance.com/inter-chicago

New York, US | 19-21 October 2O2O Register online at:

www.eurofinance.com/inter-nyc

ACCREDITATION

Earn up to 21 CPE credits for this course.

Delivery method: Group-live Program level: Intermediate Field of Study: Finance Pre-requisite: 3 years’ experience in Treasury

EuroFinance is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors‘s website:

www.nasbaregistry.org

Earn up to 20.5 CPD credits for this course.

VENUE INFORMATION

Information on the venue/hotel will be provided 2-4 weeks prior to the start of the course. Travel should only be booked once the venue details are received.

FURTHER ENQUIRIES

T: +44 (O)2O 7576 8555 E: registrations@eurofinance.com

LET US CREATE THE COURSE FOR YOU!

If you have a whole team or project to develop, our customised training service is the most cost effective solution. Get a course tailored to your exact needs at a time and location to suit you.

For more information visit:

www.eurofinance.com/customised

or contact Laurence Fiole-Jones:

T: +44 (O)2O 7576 8512 E: training@eurofinance.com