The oil and gas industry is a large, global player and to maintain a competitive edge, it’s important to understand the structures and development involved in financial modelling.
Finance professionals in the oil and gas sector will need to utilise core concepts and monitor the market's progress and productivity to make sound financial decisions. Analysing key data sets and making comparisons with competitor organisations is key to designing accurate financial models that take current data and trends into account while forecasting for the future.
Strict risk assessments should also accompany your future predictions and assumptions to make comprehensive decisions on the most sensible financial plan, which avoids the potential for downturns and profit losses.
In this hugely competitive industry you will need to select and develop the appropriate statements and systems to support your financial schedules and create a professional financial model fit to withstand the future in the high-performing energy sector.
Upon completion of this course, participants will be able to:
This course is designed for anyone responsible for making large financial decisions within the gas and oil industry. It would be most beneficial for:
This course uses a variety of adult learning techniques to aid full understanding and comprehension. Participants will be presented with the key tools to help them make financial decisions. They will view real-world examples of financial planning models and work together to understand which systems would work for their organisation.
They will work in groups to develop a mock financial plan based on key data and assess the risk areas in moving forward, developing mitigation methods along the way. Finally, the participants will take part in an interactive seminar to understand the key differences in financial planning models when related specifically to the oil and gas industry.
Section 1: Financial Management Systems & Their Uses
Section 2: Treasury Management & Risks
Section 3: Selecting the Most Beneficial Financial Model
Section 4: Making Decisions Based on Data
Section 5: Auditing & Risk Mitigation
Section 6: Putting Your Model into Practice
Upon successful completion of this training course, delegates will be awarded a Holistique Training Certificate of Completion. For those who attend and complete the online training course, a Holistique Training e-Certificate will be provided.
Holistique Training Certificates are accredited by the British Accreditation Council (BAC) and The CPD Certification Service (CPD), and are certified under ISO 9001, ISO 21001, and ISO 29993 standards.
CPD credits for this course are granted by our Certificates and will be reflected on the Holistique Training Certificate of Completion. In accordance with the standards of The CPD Certification Service, one CPD credit is awarded per hour of course attendance. A maximum of 50 CPD credits can be claimed for any single course we currently offer.