Description
What you’ll learn
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Introduction to role of Finance Business Partner
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Role of FBP in Business or Product Launching
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Finance Analysis of Product Features and Pricing
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CJM, Marketing, Digitalization focuses
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Operations, Platformization, Reporting focuses
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Practical examples of work with Fin BP
Welcome to course Professional Diploma of Finance Business Partner Manager by MTF Institute
Course provided by MTF Institute of Management, Technology and Finance
MTF is the global educational and research institute with HQ at Lisbon, Portugal, focused on business & professional hybrid (on-campus and online) education at areas: Business & Administration, Science & Technology, Banking & Finance.
MTF R&D center focused on research activities at areas: Artificial Intelligence, Machine Learning, Data Science, Big Data, WEB3, Blockchain, Cryptocurrency & Digital Assets, Metaverses, Digital Transformation, Fintech, Electronic Commerce, Internet of Things.
MTF is the official partner of: IBM, Intel, Microsoft, member of the Portuguese Chamber of Commerce and Industry, and resident of the incubator “The Fintech House of Portugal”.
MTF is present in 208 countries and has been chosen by more than 380,000 students.
Course Author: Igor Dmitriev
Digital Transformation and Banking Expert
Education:
MBA, The Boston University
Master of Science at Engineering (Technical) Management,
The State University of New York at Buffalo
Master of Science at Informatics and Economics,
Six Sigma Black Belt
Experience:
Expert at Banking (> 18 years), FinTech & Digital (> 15 years),
Experienced Manager (> 14 years) with successful track of records
at personal and corporate entrepreneurship.
More than 12 years at worldwide banking groups such us
Societe Generale , Raiffeisenbank
Experience at roles: CEO, Head of Business, Chief Digital &
Marketing Officer, Head of Digital Transformation and Channels, Head of Products and Marketing.
Role of Finance Business Partner
A Finance Business Partner is a crucial member of a company’s financial team who bridges the gap between financial analysis and broader business strategy.
They move beyond traditional financial roles and act as trusted advisors to management and decision-makers within specific business units or functions.
FBPs provide data-driven insights and recommendations to support business growth, profitability, and overall financial health.
Typical Functionality of a Finance Business Partner:
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Financial Analysis & Reporting: Analyze financial data, spot trends, and create reports on past performance to guide decision-making.
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Budgeting & Forecasting: Partner with departments to develop budgets, track spending, and create financial forecasts that support future business plans.
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Strategic Planning: Contribute a financial perspective to long-term strategic planning. This can include assessing new markets, investment opportunities, and risks.
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Performance Management: Monitor key performance indicators (KPIs), identify areas for improvement, and help drive efficiency and profitability.
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Communication & Collaboration: Effectively communicate financial data and insights to non-finance audiences, building strong relationships and facilitating collaboration.
Why are Finance Business Partners Important for Companies?
Improved Decision-Making: FBPs provide essential financial context for operational and strategic decisions made by business leaders.
Enhanced Profitability: FBPs can identify cost-saving opportunities, areas for investment, and strategies to boost revenue.
Risk Management: Help assess and mitigate financial risks, ensuring long-term financial stability for the company.
Cross-Functional Alignment: FBPs foster collaboration between finance and other departments, ensuring that business goals are aligned with financial objectives.
How Learning and Development Support Career Building for Finance Business Partners:
Technical Skills: Staying current on financial modeling, data analysis tools, and accounting standards is essential.
Business Acumen: Developing a deep understanding of the company’s industry, competitors, and economic landscape helps FBPs make more impactful recommendations.
Communication & Influencing: Honing the ability to translate complex financial concepts, build relationships, and influence decision-making is key to an FBPs success.
Problem-Solving & Strategic Thinking: FBPs should be able to tackle multifaceted problems and think strategically about the financial implications of business decisions.
In Summary
The role of Finance Business Partner is becoming increasingly important in modern businesses. By combining financial expertise with strategic thinking and excellent communication, FBPs help companies make well-informed decisions that drive sustainable and profitable growth. Continuous learning and development are essential for FBPs to advance their skills and build successful careers.
Who this course is for:
- No special requirements. A course for anyone who wants to build career in finance and business finances
- Role of Finance Business Partner A Finance Business Partner is a crucial member of a company’s financial team who bridges the gap between financial analysis and broader business strategy. They move beyond traditional financial roles and act as trusted advisors to management and decision-makers within specific business units or functions. FBPs provide data-driven insights and recommendations to support business growth, profitability, and overall financial health.
- Typical Functionality of a Finance Business Partner: Financial Analysis & Reporting: Analyze financial data, spot trends, and create reports on past performance to guide decision-making. Budgeting & Forecasting: Partner with departments to develop budgets, track spending, and create financial forecasts that support future business plans. Strategic Planning: Contribute a financial perspective to long-term strategic planning. This can include assessing new markets, investment opportunities, and risks. Performance Management: Monitor key performance indicators (KPIs), identify areas for improvement, and help drive efficiency and profitability. Communication & Collaboration: Effectively communicate financial data and insights to non-finance audiences, building strong relationships and facilitating collaboration.
- Why are Finance Business Partners Important for Companies? Improved Decision-Making: FBPs provide essential financial context for operational and strategic decisions made by business leaders. Enhanced Profitability: FBPs can identify cost-saving opportunities, areas for investment, and strategies to boost revenue. Risk Management: Help assess and mitigate financial risks, ensuring long-term financial stability for the company. Cross-Functional Alignment: FBPs foster collaboration between finance and other departments, ensuring that business goals are aligned with financial objectives.
- How Learning and Development Support Career Building for Finance Business Partners: Technical Skills: Staying current on financial modeling, data analysis tools, and accounting standards is essential. Business Acumen: Developing a deep understanding of the company’s industry, competitors, and economic landscape helps FBPs make more impactful recommendations. Communication & Influencing: Honing the ability to translate complex financial concepts, build relationships, and influence decision-making is key to an FBPs success. Problem-Solving & Strategic Thinking: FBPs should be able to tackle multifaceted problems and think strategically about the financial implications of business decisions.
- The role of Finance Business Partner is becoming increasingly important in modern businesses. By combining financial expertise with strategic thinking and excellent communication, FBPs help companies make well-informed decisions that drive sustainable and profitable growth. Continuous learning and development are essential for FBPs to advance their skills and build successful careers.
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