Finance & Accounting for Non-Financial Managers in Construction

Sharpen your financial skills with this two-day interactive training session. In this course you will learn the vocabulary required to properly understand financial reports, participate in financial analyses so you can control overhead costs, produce effective job cost reports and discover opportunities for improvement. This session will bridge the knowledge gap for non-financial managers and improve the financial status of your company.

Be prepared to participate! Hands-on exercises will walk you through each step of the financial process and you’ll take home a comprehensive session manual filled with the paperwork you need to improve your business.

Topics:

• Fundamentals of finance and accounting
• The accounting process and cycle
• Financial statement analysis
• Financial performance tools to assist decision making
• Business and project finances - examine, demystify and critique
• Dealing with financial professionals
• Delivering better bottom-line results
• Overhead cost controls
• Job costing
• Small jobs accounting
• Financial statement ratios
• Bonding

Anyone wishing to increase their financial and accounting knowledge, including:

• Project Managers
• Estimators
• Field Superintendents
• Team Leaders
• Owners
• Senior Managers

Wayne Newell, Wayne Newell Management & Seminar Services

For the past 35 years, Wayne has served in senior financial roles with companies in Canada, the United States and the Caribbean. By sharing his experiences and expertise with many companies, Wayne has helped owners, managers and employees build successful construction businesses. His Gold Seal approved, six-hour, Profitable Contracting course discusses specific techniques, methods and strategies used by contracting companies to increase profits and improve cash flows. His Gold Seal approved, two-day, Finance and Accounting for Non-Financial Managers course, developed specifically for non-financial managers in the construction industry, guides project managers, project coordinators, estimators, field superintendents, owners and senior managers through the financial and measurement techniques needed to manage contracting businesses. Wayne has presented both courses in most major Canadian cities since 2003.

Wayne mentors owners, managers and employees on how best to perform and lead their companies. They learn ways to save money and time, leading to improved cash flow, reduced costs and higher profits.