CodeDateVenueEarly Bird FeeFee
PE1286A12 - 15 Oct 2020Virtual Instructor Led Training (VILT) SGD 3799 SGD 3999 Remind me of Course Dates
PE1286A12 - 15 Oct 2020Virtual Instructor Led Training (VILT) RM 11397 RM 11997 Remind me of Course Dates

Code

PE1286A

Date

12 - 15 Oct 2020

Venue

Virtual Instructor Led Training (VILT)

Early Bird Fee

SGD 3,799

Fee

SGD 3,999

Code

PE1286A

Date

12 - 15 Oct 2020

Venue

Virtual Instructor Led Training (VILT)

Early Bird Fee

RM 11,397

Fee

RM 11,997

About this Virtual Instructor Led Training (VILT)

In today’s highly competitive and increasingly uncertain environment, it is now imperative for Oil & Gas companies to forecast more accurately and also more frequently. In a recent survey by the CFO Journal, over 70% of Chief Financial Officers (CFOs) stated that improving their forecasting, planning and analysis processes was their number one priority.

It is clear that the old ways of doing things is not sustainable and cannot continue.

This Virtual Instructor Led Training (VILT) provides participants with a solid introduction to the principles of budgeting and forecasting and its practical application to real-world situations.

The VILT also shows how to apply the principles and best practices regarding Oil & Gas budgets cultivated by companies in new and existing projects. It is designed for participants who are new to budgeting and forecasting, and those who have been in operating in this role for some time but would like to update their knowledge to the latest in financial planning and analysis practices.

Lastly, the VILT addresses the internal issues that arise in large companies: politics, remuneration, resistance to change, organisational hierarchies, and the underlying technologies that enable the change required for effective budgeting and forecasting.

The principles in this VILT are applicable for both upstream and downstream businesses.

The VILT will be delivered online in 4 sessions comprising 3.5 hours per day (GMT+8 Malaysia Time), with 2 breaks of 10 minutes per day.

By the end of this VILT, participants will be able to:

  • Understand the role of budgeting and forecasting within the enterprise.
  • Learn how to integrate budgeting and forecasting and align these with your business strategy.
  • Learn how to handle uncertainty within budget models.
  • Learn how your organisation can become more agile and produce more accurate forecasts faster.
  • Understand how and when to go beyond Excel for budgeting and forecasting solutions, and understand the enterprise-level technologies that can enable this to occur.

This VILT will benefit:

  • CFOs
  • Business & Financial Analysts
  • Finance Managers & Financial Controllers
  • Budgeting/Forecasting Managers
  • Financial Advisors & Managers
  • Business Unit & Departmental Managers who want to better understand budgeting & forecasting

The typical attendee will be a manager who must direct staff working for him/her in what they should build into their budget and forecast models, and must interact with other managers regarding the budgeting and forecasting process.

Your expert course leader has a Masters (Applied Finance & Investment), B.Comm (Accounting & Information Systems), CISA, FAIM, F Fin and is a Microsoft Certified Excel Expert. He has over 20 years’ experience in financial modelling, forecasting, valuation, model auditing, and management reporting for clients throughout the world. He is skilled in the development and maintenance of analytical tools and financial models for middle-market companies to large corporates, at all levels of complexity, in both domestic and international settings.

He has trained delegates from a wide variety of Oil & Gas companies including Chevron, Woodside, BHP Billiton, Petronas, Carigali, Shell, Nippon, Eni, Pertamina, Inpex, and many more. He provides training in financial modelling for companies throughout the Asia, Oceania, Middle East and African regions.

Before his current role, he spent 6 years working in the Corporate and IT Consulting divisions of a large, multinational Chartered Accounting firm.

He is the author of a number of white papers on financial modelling on subjects such as Financial Modelling Best Practices and Financial Model Auditing.

Highlights from his oil and gas experience include:

  • Development of economic models to assist Decision Analysts modelling for a wide range of scenarios for multinational oil & gas assets.
  • Auditing and further development of life of project models for Chevron’s Strategic Planning Division analysing their North West Shelf assets.
  • Development of business plan and budgeting models for multinational oil & gas assets.
  • Development of cash flow and taxation models for a variety of oil gas companies.
  • Consulting on Sarbanes Oxley spreadsheet remediation and risk assessment.

Learn what past participants have said about PetroEdge training courses

Excellent course for finance professionals looking for excel tools to assist in putting a budget together.

Senior Management Accountant, INPEX Australia

Excellent for those involved in producing reports via excel spreadsheets.

Planning & Bus Support Lead, Sarawak Shell

This course is good giving me an insight on the usage of excel on data management.

Cost Analyst, Sarawak Shell

Useful course for someone who is eager to learn how to build an effective budgeting/forecasting model.

Finance Lead, Brunei Shell

Enhancing basic skills for practical use through creation of advanced tools.

Philippine National Oil Company – Exploration Corporation