In a world where cash flow volatility, currency swings, and global market shocks can destabilise even the most established organizations, the corporate treasury function has evolved into a critical strategic pillar. It’s no longer a back-office process of managing bank accounts and payments—it’s a forward-looking, value-creating discipline that directly influences enterprise stability and growth.
This comprehensive programme from Oxford Training Centre (OTC) Management equips finance and treasury professionals with the tools, frameworks, and decision-making skills required to manage liquidity, optimise funding strategies, and mitigate risk exposure. It blends robust capital budgeting and investment appraisal techniques—including Net Present Value (NPV), Internal Rate of Return (IRR), Payback Period, and Discounted Cash Flow (DCF)—with Key Risk Indicators (KRIs) tailored to treasury activities.
The course further integrates Enterprise Risk Management (ERM), stress testing, diversification, risk appetite setting, and contingency planning, ensuring treasury managers can foresee and navigate disruptions while contributing directly to long-term enterprise value.
Objectives
By the end of the programme, participants will be able to:
- Align treasury policies with corporate strategy and value creation goals.
- Apply investment appraisal methods to treasury decisions, ensuring optimal allocation of surplus cash and funding resources.
- Identify and track KRIs for liquidity, currency exposure, and counterparty risk.
- Build stress-testing models for adverse economic conditions.
- Implement risk appetite frameworks that guide daily treasury operations.
- Deploy contingency measures such as liquidity buffers, insurance solutions, and flexible credit facilities.
Target Audience
Chief Financial Officers (CFOs), Treasurers, and Finance Directors.
Treasury and cash management professionals in corporate and financial institutions.
Risk managers, controllers, and compliance officers involved in liquidity and funding decisions.
Corporate strategists and business planners seeking to integrate treasury into long-term value creation.
Professionals in investment, corporate banking, or advisory roles who engage with treasury operations.
Course Content
Module 1 – The Strategic Role of Treasury
- Treasury’s evolution from operational support to strategic driver.
- Case example: How a leading manufacturing firm increased enterprise value by centralising treasury operations to reduce borrowing costs by 15%.
- How treasury influences investor confidence and corporate credit ratings.
Module 2 – Capital Budgeting and Investment Appraisal
- Applying NPV, IRR, Payback Period, and DCF to treasury investments (e.g., debt restructuring, surplus cash deployment).
- Evaluating trade-offs between short-term liquidity and long-term yield.
- Case example: How a retail group decided between investing in short-term securities or expanding into an emerging market.
Module 3 – Treasury Risk Management and KRIs
- Designing KRIs for treasury: liquidity ratios, debt maturity gaps, FX exposure limits.
- Monitoring market risk, credit risk, and operational risk.
- Setting and reviewing treasury risk appetite in board meetings.
- Example KRIs: “Minimum liquidity ratio 1.2x”, “FX exposure <10% of total portfolio”, “Debt maturities <25% in next 12 months”.
Module 4 – Stress Testing and Scenario Planning
- How to model cash flows under interest rate spikes or sudden revenue drops.
- Using scenario planning to pre-approve actions for potential currency devaluations or credit crunches.
- Case example: A multinational using stress testing to identify a funding gap ahead of the 2020 market downturn.
Module 5 – Contingency Planning and Insurance Solutions
- Building liquidity buffers equivalent to at least 90 days of operating expenses.
- Negotiating standby credit facilities for emergency use.
- Insurance solutions for political risk, cyber incidents, and supply chain disruption.
- Lessons from companies that lacked contingency plans and faced severe liquidity crises.