CEO Role in Managing Finance : CEO Role in Managing Finance Finance Global Support Team 2010 Virtual classes Think financially, act financially, achieve results - Financially!!!!!
Objectives : Objectives Understand the role of the CEO
Understanding the implications of decision making as a CEO
Understanding the components of financial management
Slide 3 : Role of CEO
Slide 4 : Main bottom-line:
To implement the strategic goals and objectives of the organisation.
To support and maintain governance activities.
To give direction and leadership toward the achievement of the organisation's philosophy, mission, strategy.
To ensure the achievement of its annual goals and objectives.
Ensure financial sustainability of organisational operations Reports:
National Plenary
Other governance bodies (E.g. BoD, SG, Global Plenary).
Slide 5 : Major responsibilities/tasks:
Slide 6 : Managing Finances
Slide 7 : Business Model
Slide 8 : Financial, Tax, Risk and Facilities Management
Recommends yearly budget for National Plenary approval and prudently manages organisation's resources within those budget guidelines according to its regulations.
Slide 9 : Budget
Slide 10 : Questions in mind.
Do I spend more than I earn?
What can I afford to spend?
Slide 11 : Reserves
Slide 12 : Some principles (E.g. AI)
Strategic Reserves: Long term sustainability and long term investments (E.g. Office, IC). More accountability.
Operational Reserves: 6 months of the budget, to support cash-flow challenges or specific needs that are not budgeted. More flexible.
Slide 13 : Investments
Slide 14 :
Slide 15 : Financial, Tax, Risk and Facilities Management
Recommends yearly budget for National Plenary approval and prudently manages organization's resources within those budget guidelines according to its regulations.
Slide 16 : Questions
Thank you!Trainer : Hugo PereiraContacts : hugop@ai.aiesec.org Visit us at http://www.myaiesec.net/content/viewwiki.do?opern=next&contentid=10122797or write to fgst.education@gmail.com : Thank you!Trainer : Hugo PereiraContacts : hugop@ai.aiesec.org Visit us at http://www.myaiesec.net/content/viewwiki.do?opern=next&contentid=10122797or write to fgst.education@gmail.com Think financially, act financially, achieve results - Financially!!!!!