The past decade has not been easy for the finance professionals due to erratic markets, better technologies and a complex web of new regulations and compliance issues. This has forced the finance function to redefine its role in the organization. Long gone are the days of simply ‘collecting, paying and reporting’. Facing rapidly changing market and economic conditions, the modern finance function has had to be both nimble and reliable to respond to a myriad of internal and external pressures. Finance leaders should be seeking to transform their functions to deliver not just efficient services, but more importantly effective services as well. From supplying more insightful Business Intelligence and forecasting to anticipating and responding to sudden market disruptions, today’s finance professional is expected to be as much as business strategist as a financial expert.
To respond to these rapidly evolving pressures, the finance function must undergo a fundamental change and realignment in order to transform it from the transactional operational management role of the past into a centre of cost-efficient and effective strategic value-addition for the future. But this type of transformation doesn’t happen in isolation. It requires both the high level support and collaboration between multiple functions to design, execute and maintain real and valuable change initiatives.
The environment in which the finance professionals operate has been constantly changing. Market fluctuations and credit turbulence create game changing opportunities and challenges. New technologies radically changes operating models and increased shareholder scrutiny and public demands for transparency put new pressures on the finance function.
About the Conclave
It is this recognition that has led to the conception of this high-level strategic ‘TN Finance Conclave’ organized by the Confederation of Indian Industry (CII) on 20 February 2013 at Chennai with the objective of bringing the views of the experts on the finance domain on key themes which are essential for finance professionals. The conclave had been designed in such a way that it provided the ideal platform to interact with distinguished speakers who presented their expert views through technical sessions, case studies, debates and panel discussions.
The key themes which were covered in the ‘TN Finance Conclave’ are as follows:
Current Economic Scenario: Challenges and Opportunities
Importance of Budgeting, Business Forecasting and Analytics
Business Governance and Ethics
Business Responsibility Report
Decision making in corporate litigation
Fraud Management using IT tools
Role of Finance Professional in today’s context
Case Studies by experts on the models of Business Success
What makes a good finance professional?
You will get access to following Knowledge Resources by subscribing to the Digital
Library of this event.