Course Overview
This intensive NGO finance management training is designed for finance officers, project managers, and leaders in the non-profit sector who want to master the unique financial principles and practices of NGOs. This program goes beyond a simple overview of accounting to provide a deep dive into strategic financial planning, donor compliance, and risk management. This is the definitive NGO finance course for anyone seeking to ensure the long-term sustainability and accountability of their organization.
The curriculum covers a wide range of topics, including budget formulation, funder reporting, and internal controls. It delves into the critical elements of grant management, financial transparency, and audit preparation. This NGO financial management training emphasizes hands-on, case study-based learning to ensure you leave with the skills to immediately apply what you've learned. By the end of this program, you will have a complete skill set for managing an NGO's finances with confidence and integrity.
Upon the successful completion of this 💰 NGO Financial Management Training Course for Accountability & Sustainability participants will be able to:
ü Understand the unique financial principles of non-profit organizations.
ü Master the process of budget formulation and management.
ü Implement effective internal controls and financial policies.
ü Navigate the complexities of donor reporting and compliance.
ü Prepare for a successful financial audit.
ü Use financial data to inform strategic decision-making.
ü Ensure the long-term financial sustainability of an NGO.
Training Methodology
The course is designed to be highly interactive, challenging and stimulating. It will be an instructor led training and will be delivered using a blended learning approach comprising of:
ü Interactive lectures and expert-led demonstrations
ü Hands-on exercises with real-world NGO financial data
ü Case studies of successful and challenging financial management scenarios
ü Group discussions and problem-solving sessions
ü A final capstone project to apply all learned skills
Our facilitators are seasoned industry professionals with years of expertise in their chosen fields. All facilitation and course materials will be offered in English.
Who Should Attend?
This 💰 NGO Financial Management Training Course for Accountability & Sustainability would be suitable for, but not limited to:
ü NGO finance officers and accountants
ü Project and program managers
ü Executive directors and senior leaders
ü Board members and auditors
ü Anyone responsible for managing finances in a non-profit organization
Personal Benefits
ü Acquire a specialized and highly valuable skill set.
ü Enhance your financial management and analytical capabilities.
ü Boost your career prospects in the non-profit sector.
ü Gain the confidence to lead and manage financial operations.
ü Become a key asset to your organization in driving sustainability.
Organizational Benefits
ü Improve financial transparency and accountability to donors.
ü Enhance internal controls and reduce the risk of fraud.
ü Optimize resource allocation and ensure funds are used effectively.
ü Strengthen the organization's reputation and credibility.
ü Ensure compliance with all legal and donor requirements.
ü Course Duration: 5 Days
ü Training Fee
o Physical Training: USD 1,400
o Online / Virtual Training: USD 1,000
Module 1: Foundations of NGO Financial Management
ü The unique financial principles of NGOs
ü The purpose of a NGO finance course
ü The importance of a well-defined financial strategy
ü The role of an internal control system
ü The impact of a good financial system on a business
ü Practical Session: A group discussion on the financial challenges facing NGOs today
Module 2: Budgeting for NGOs
ü The different types of budgets
ü The process of creating a budget
ü The principles of a good budget
ü The importance of a clear and consistent plan
ü The dangers of a bad budget
ü Practical Session: A hands-on exercise on creating a project budget
Module 3: Accounting & Financial Reporting
ü The principles of accounting
ü The process of creating a financial statement
ü The importance of a clear and consistent report
ü The role of a financial statement
ü The dangers of a bad report
ü Practical Session: A hands-on exercise on creating a simple financial report
Module 4: Donor Compliance & Grant Management
ü The importance of a clear and consistent policy
ü The different types of grants
ü The role of a grant management system
ü The importance of a clear and consistent reporting plan
ü The dangers of a bad plan
ü Practical Session: A group exercise to create a simple grant management plan
Module 5: Internal Controls & Risk Management
ü The importance of a clear and consistent policy
ü The different types of risks
ü The role of a risk management plan
ü The importance of a clear and consistent plan
ü The dangers of a bad plan
ü Practical Session: A group exercise to create a simple risk management plan
Module 6: Procurement & Asset Management
ü The importance of a clear and consistent policy
ü The different types of procurement
ü The role of an asset management system
ü The importance of a clear and consistent plan
ü The dangers of a bad plan
ü Practical Session: A group exercise to create a simple procurement plan
Module 7: Payroll & Human Resource Management
ü The importance of a clear and consistent policy
ü The different types of payroll
ü The role of a human resource management system
ü The importance of a clear and consistent plan
ü The dangers of a bad plan
ü Practical Session: A group exercise to create a simple payroll plan
Module 8: Financial Audits & Transparency
ü The importance of a clear and consistent policy
ü The different types of audits
ü The role of an auditor
ü The importance of a clear and consistent report
ü The dangers of a bad audit
ü Practical Session: A group exercise to analyze a financial audit report
Module 9: Strategic Financial Planning
ü The importance of a clear and consistent plan
ü The different types of financial planning
ü The role of a financial analyst
ü The importance of a well-defined process
ü The dangers of a bad plan
ü Practical Session: A group exercise to create a simple strategic financial plan
Module 10: Capstone Project: A Financial Management Plan
ü A review of all key concepts
ü Participants work on an end-to-end financial management project
ü The project includes a budget, a report, and a plan
ü Presenting the final plan and key insights to the group
ü Peer and instructor feedback
ü Practical Session: The final capstone project presentation
About Our Trainers
Our trainers are seasoned finance professionals and consultants with extensive experience in NGO finance training. They have a proven track record of successfully helping a wide range of organizations, from multinational NGOs to small non-profits, to improve their financial systems. Our trainers are not just instructors; they are practitioners who bring a wealth of practical experience and a deep understanding of the challenges and nuances of NGO finance to the classroom.
Quality Statement
Phoenix Training Center is committed to providing high-quality, practical training that delivers tangible results. This NGO financial management training is meticulously designed to provide you with the most current and valuable knowledge available. We guarantee that the skills and insights you acquire will be directly applicable to your role, helping you drive significant value for your organization.
Tailor-Made Courses
We offer customized training solutions to meet the specific needs of your organization. Whether you require a different course duration, a focus on a particular standard, or on-site delivery, we can tailor a program that aligns perfectly with your business goals and operational challenges. For further inquiries, please contact us on Tel: +254720272325 / +254737296202 or Email training@phoenixtrainingcenter.com
ü Participants should be reasonably proficient in English.
ü Applicants must live up to Phoenix Center for Policy, Research and Training admission criteria.
Terms and Conditions
ü Discounts: Organizations sponsoring Four Participants will have the 5th attend Free
ü What is catered for by the Course Fees: Fees cater for all requirements for the training – Learning materials, Lunches, Teas, Snacks and Certification. All participants will additionally cater for their travel and accommodation expenses, visa application, insurance, and other personal expenses.
ü Certificate Awarded: Participants are awarded Certificates of Participation at the end of the training.
ü The program content shown here is for guidance purposes only. Our continuous course improvement process may lead to changes in topics and course structure.
ü Approval of Course: Our Programs are NITA Approved. Participating organizations can therefore claim reimbursement on fees paid in accordance with NITA Rules.
Booking for Training
Simply send an email to the Training Officer on training@phoenixtrainingcenter.com and we will send you a registration form. We advise you to book early to avoid missing a seat to this training. Or call us on +254720272325 / +254737296202
Payment Options
We provide 3 payment options, choose one for your convenience, and kindly make payments at least 5 days before the Training start date to reserve your seat:
ü Groups of 5 People and Above – Cheque Payments to: Phoenix Center for Policy, Research and Training Limited should be paid in advance, 5 days to the training.
ü Invoice: We can send a bill directly to you or your company.
ü Deposit directly into Bank Account (Account details provided upon request)
Cancellation Policy
ü Payment for all courses includes a registration fee, which is non-refundable, and equals 15% of the total sum of the course fee.
ü Participants may cancel attendance 14 days or more prior to the training commencement date.
ü No refunds will be made 14 days or less before the training commencement date. However, participants who are unable to attend may opt to attend a similar training course at a later date or send a substitute participant provided the participation criteria have been met.
Accommodation and Airport Transfer
For physical training attendees, we can assist with recommendations for accommodation near the training venue. Airport pick-up services can also be arranged upon request to ensure a smooth arrival. Please inform us of your travel details in advance if you require these services. For reservations contact the Training Officer on Email: training@phoenixtrainingcenter.com or on Tel: +254720272325 / +254737296202
| Course Dates | Venue | Fees | Enroll |
|---|
Phoenix Training Center
Typically replies in minutes