In Financial Management: Partner in Driving Performance and Value, experienced financial executive and consultant Jack Alexander delivers a fresh, new take on improving performance and creating shareholder value for CFOs, controllers, C-suite executives, and FP&A professionals. In the book, you’ll learn about best practices in operational and strategic planning, forecasting, enterprise performance management, business valuation, capital investment, mergers and acquisitions, developing finance talent, supporting growth, and more. Frameworks for dealing with the pace of change and level of uncertainty in today’s environment are also provided, including scenario planning, business agility and monitoring external forces. The book provides actionable insights and practical tools for finance professionals to contribute as trusted advisors and business partners.
The author offers free access to financial models in Microsoft Excel and PowerPoint templates on the accompanying website, as well as: - Expanded and enhanced content from the author’s widely read previous works - Models, illustrations, examples, and dashboards - Anecdotes and stories drawn from the author’s 45-year-long career in financial leadership
Perfect for CFOs, controllers, financial executives, financial planning and analysis professionals, and accounting managers, Financial Management is also the ideal desk reference for treasurers, strategic planners, Certified Public Accountants, and equity research analysts. It’s an essential and timely resource for financial leaders everywhere.
Table of Contents
Preface
1. Partner in Driving Performance and Value
I. Fundamentals and Key Partner Capabilities
2. The Fundamentals of Finance and Financial Statement Analysis
3. Skills, Knowledge and Attributes for Financial Business Partners
4. Developing Predictive and Analytical Models
5. Presenting and Communicating Business Information
II. Financial Leadership in the 21st Century
6. Essential Ingredients for Value Creation: Growth and ROIC
7. Managing Hunan Capital and Building a High-Performance Finance Team
8. Strategic Analysis and Planning
9. The Role of Finance in Supporting Growth
10. The External View: Markets, Competitors, Economic and Geo-political Forces
11. Course Corrections: Business Transformations and Restructurings
12. Leveraging and Promoting Technology Investments
13. Scenario Analysis and Planning
14. Adaptability: Innovation Agility & Resilience
III. Enterprise Performance Management (EPM)
15. Enterprise Performance Management and Execution
16. Dashboards and Key Performance Indicators
17. Institutionalizing Performance Management
18. Benchmarking Performance
IV. Business Projections and Plans
19. Business Projections and Plans, Introduction and Best Practices
20. Budgets, Operating Plans and Forecasts
21. Long-term Projections
V. Planning and Analysis for Critical Business and Value Drivers
22. Revenue and Gross Margins
23. Operating Efficiency: Costs and Expenses
24. Capital Management and Cash Flow - Working Capital
25. Capital Management and Cash Flow - Capital Assets
26. Risk and the Cost of Capital
27. Capital Structure and Financial Leverage
VI. Valuation and Capital Investment Decisions
28. Capital Investment Decisions - Introduction and Key Concepts
29. Capital Investment Decisions - Advanced Topics
30. Business Valuation and Value Drivers
31. Analysis of Mergers and Acquisitions
VII. Summary
32. Summary and Where to From Here?
Supplemental Information
Glossary
References
Acknowledgments
About the Author
About the Website
Index
