Certificate Course in Treasury and Cash Management

Duration 10 days 20 modules · 65 contact hours
Level Intermediate Certificate on completion
Who attends Treasury Analysts, Treasury Managers and others
Fee from USD 2,200 KSh 190,000 for Kenyan organisations
Where 52 cities + online See dates by city
Next start 9 Nov 2026 Course code SD-TI-001

Before you join: Participants should understand basic financial statements, bank reconciliations, working capital and common business transactions such as invoicing, purchasing and payroll.

Dates & prices

Two start dates a month in every city, and live online on weekdays or weekends. Fees are per participant; classroom fees include tuition, materials, lunch and refreshments, and the certificate.

Suggest a date or city

Showing the next six months. Later dates, other cities and private deliveries for your team are available on request.

Course overview

Treasury teams must keep cash available for payroll, suppliers, debt service and investment while controlling bank fees, fraud exposure, foreign-exchange risk and borrowing costs. Poor visibility across accounts, entities and currencies can leave a business over-borrowed in one location and cash-rich in another. Treasury professionals need disciplined forecasting, clear authority limits, reliable payment controls and evidence-based decisions on funding and short-term investment.

This certificate course develops the practical methods used to manage corporate liquidity, banking relationships, cash positioning, working capital, debt, investments and financial risks. Participants build 13-week cash forecasts, analyse liquidity gaps, structure cash concentration arrangements, assess money-market instruments, and evaluate foreign-exchange and interest-rate exposures. The programme also covers treasury policy, payment controls, bank account governance, hedge documentation, treasury systems and performance reporting.

Teaching combines practitioner briefings with bank statements, cash forecasts, debt schedules, investment proposals and risk cases drawn from corporate, public-sector, banking and NGO settings. Participants work individually and in groups to apply methods, challenge assumptions and prepare decisions for treasury committees. They leave with a Treasury Operating Pack containing a forecast model, liquidity plan, bank-account review, investment policy outline, risk register and management dashboard.

The programme suits finance professionals moving into treasury roles, as well as experienced treasury staff seeking a structured working framework. It is particularly relevant where cash is held across multiple entities, currencies, banks or jurisdictions.

What you will be able to do

  • Build a 13-week rolling cash forecast using operational receipts and payment data
  • Prepare daily cash positions and liquidity reports for treasury decision-making
  • Design bank account governance, payment authorities and cash concentration arrangements
  • Evaluate short-term investments using yield, liquidity, credit and concentration criteria
  • Analyse foreign-exchange and interest-rate exposures using transaction and sensitivity methods
  • Recommend funding options using debt maturity, covenant and refinancing analysis
  • Apply treasury controls for payment fraud, counterparty risk and policy compliance
  • Present an integrated treasury operating plan supported by forecasts, risk analysis and KPIs

Benefits of attending

For you

  • Produce cash forecasts that support daily funding and investment decisions
  • Assess bank proposals, deposit options and borrowing terms with greater confidence
  • Move from accounting-focused reporting into a treasury or liquidity role
  • Recognise payment, counterparty and market-risk issues before losses occur
  • Present treasury recommendations clearly to finance leaders and treasury committees

For your organisation

  • Improved visibility of group cash, near-term liquidity and funding requirements
  • Lower idle balances through better cash pooling and investment discipline
  • Stronger payment controls that reduce fraud, error and unauthorised bank activity
  • Better borrowing and refinancing decisions supported by maturity and covenant analysis
  • More consistent treasury reporting, policy adherence and risk escalation

Course modules

20 modules over 10 days

Participants can define a treasury mandate, authority structure and control framework.

  • Treasury objectives linked to liquidity, risk, funding and financial control
  • Centralised, decentralised and hybrid treasury operating models compared
  • Treasury policy sections covering authorities, limits, reporting and exceptions
  • Board, finance committee and treasury committee decision rights
  • Segregation of duties across dealing, confirmation, settlement and reconciliation
  • Treasury organisation chart mapped to responsibilities and escalation routes

Participants can prepare daily cash positions and identify liquidity actions.

  • Daily cash position assembled from bank balances and expected movements
  • Value dating principles for receipts, payments, interest and transfers
  • Available, ledger and collected balances distinguished for funding decisions
  • Liquidity buffers sized using volatility, obligations and market access
  • Surplus and deficit positions translated into daily treasury actions
  • Intraday liquidity monitored against payment cut-off times and limits

Participants can construct and maintain a rolling cash forecast.

  • 13-week rolling cash forecast built from receipts, payroll and supplier data
  • Direct forecasting method using transaction-level operational cash drivers
  • Indirect forecasting method reconciled from profit, working capital and capital expenditure
  • Forecast assumptions documented with owners, evidence sources and refresh dates
  • Variance analysis separates timing differences, estimate errors and scope changes
  • Scenario forecasts test delayed collections, cost increases and funding shocks

Participants can diagnose working-capital drivers affecting liquidity and forecast accuracy.

  • Cash conversion cycle calculated from receivables, inventory and payables days
  • Days sales outstanding analysed by customer, dispute and collection status
  • Inventory cash requirements linked to demand plans and reorder policies
  • Supplier payment terms assessed against discounts, supply continuity and cash
  • Working-capital initiatives translated into forecast timing and liquidity effects
  • Sales, procurement and operations inputs governed through forecast calendars

Participants can establish bank-account governance and review account structures.

  • Bank account inventory captures ownership, purpose, signatories and balances
  • Account opening and closure workflow includes approvals and evidence retention
  • Signatory matrices aligned with delegated authority and payment limits
  • Dormant accounts identified through transaction frequency and balance analysis
  • Bank fees benchmarked by service, volume, currency and account type
  • Know-your-customer documentation maintained for periodic bank review requests

Participants can assess payment processes and implement core treasury control points.

  • Payment lifecycle mapped from instruction creation through bank confirmation
  • Maker-checker controls applied to payment files, beneficiaries and release approvals
  • Positive pay, callback verification and dual approval reduce payment fraud
  • ISO 20022 payment messages examined for structured remittance information
  • Collection methods compared across direct debit, cards, transfers and cheques
  • Exception reporting highlights rejected payments, recalls and unusual beneficiaries

Participants can assess cash concentration structures for multi-entity operations.

  • Physical cash pooling transfers balances into a concentration account
  • Notional pooling offsets balances while preserving separate legal accounts
  • Zero-balancing structures configured around target balances and sweep timing
  • Cross-border pooling assessed for tax, legal and regulatory constraints
  • Intercompany loan documentation specifies rates, maturities and repayment terms
  • In-house bank services centralise payments, funding and internal netting

Participants can manage bank relationships using structured service and performance reviews.

  • Bank selection criteria weight geographic reach, credit strength and service
  • Request for proposal requirements specify accounts, payments and reporting needs
  • Service-level agreements define response times, availability and escalation procedures
  • Quarterly bank reviews examine fees, incidents, volumes and relationship risks
  • Bank credit ratings monitored against approved counterparty exposure limits
  • Relationship concentration assessed across banks, products and critical payment corridors

Participants can evaluate short-term investment options within policy limits.

  • Investment policy defines objectives, permitted instruments, limits and approvals
  • Treasury bills, term deposits and money-market funds compared
  • Yield calculations distinguish simple interest, discount yield and annualised return
  • Liquidity ladders match investment maturities to forecast cash requirements
  • Counterparty limits allocated using ratings, exposure and concentration measures
  • Investment proposals document yield, duration, liquidity and credit rationale

Participants can compare funding sources and monitor debt obligations.

  • Revolving credit facilities compared with overdrafts, loans and commercial paper
  • Debt maturity profiles identify refinancing concentrations and timing gaps
  • Covenant calculations tested against forecasts, definitions and headroom
  • All-in borrowing cost includes margin, fees, utilisation and hedging costs
  • Facility documentation reviewed for drawdown conditions and reporting undertakings
  • Funding recommendations balance cost, certainty, flexibility and diversification

Participants can identify foreign-exchange exposures and select appropriate risk responses.

  • Transaction exposure identified from foreign-currency receivables, payables and commitments
  • Translation exposure distinguished from transaction and economic exposure
  • Natural hedging matches currency inflows, outflows and funding positions
  • Foreign-exchange forwards priced using spot rates, points and settlement dates
  • Currency exposure reports aggregate entity positions by currency and maturity
  • Hedge decisions assessed against policy limits, forecast certainty and materiality

Participants can analyse interest-rate exposure and evaluate basic hedging choices.

  • Fixed and floating debt profiles mapped across maturities and currencies
  • Interest-rate sensitivity calculated for rate shocks and repricing periods
  • Interest-rate swaps exchange fixed-rate and floating-rate cash flows
  • Caps and collars evaluated for protection cost and participation
  • Basis risk identified where debt benchmarks differ from hedging benchmarks
  • Hedging proposals document objectives, notional amounts, tenor and effectiveness

Participants can document derivative controls and explain hedge accounting requirements.

  • ISDA Master Agreement terms govern close-out, collateral and default events
  • Trade confirmations matched against agreed rates, dates and counterparties
  • IFRS 9 hedge designation records risk, instrument and hedged item
  • Hedge effectiveness assessments compare offsetting changes in designated exposures
  • Collateral calls reconciled with valuations, thresholds and eligible assets
  • Derivative registers track notional values, maturities, valuations and approvals

Participants can maintain a treasury risk register with defined controls and responses.

  • Treasury risk register records causes, impacts, controls and owners
  • Counterparty exposure measured across deposits, derivatives and committed facilities
  • Credit limits monitored using current exposure and potential future exposure
  • Market-risk scenarios test exchange-rate, interest-rate and liquidity shocks
  • Operational losses classified by process failure, people, systems and external events
  • Risk appetite statements connect approved limits with escalation thresholds

Participants can specify treasury data, system controls and cybersecurity requirements.

  • Treasury management system functions support deals, cash, risk and reporting
  • Bank connectivity options compare host-to-host, SWIFT and electronic banking
  • Master data controls govern bank accounts, counterparties and settlement instructions
  • Reconciliations investigate differences between treasury records, banks and general ledger
  • Cybersecurity controls include multifactor authentication, access reviews and incident response
  • Data-quality checks test completeness, timeliness, accuracy and duplicate records

Participants can produce treasury reports that support management oversight and accounting.

  • Treasury dashboard reports cash, debt, investments, exposures and limit utilisation
  • Key performance indicators track forecast accuracy, idle cash and bank fees
  • Daily, weekly and monthly reporting calendars align decisions with governance
  • Treasury accounting entries cover interest, fees, foreign exchange and derivatives
  • Management commentary explains variances, actions, decisions and residual risks
  • Data visualisation highlights maturity gaps, concentration and emerging liquidity pressure

Participants can draft treasury policies and test critical controls for effectiveness.

  • Treasury policy hierarchy connects board policy, procedures and desk instructions
  • Control matrices map risks to preventive, detective and corrective controls
  • Control testing samples approvals, payment evidence and reconciliation records
  • Internal audit findings prioritised by risk rating, root cause and remediation
  • Policy exceptions documented with approval, expiry date and compensating controls
  • Annual treasury review plan covers policies, limits, banks and systems

Participants can prepare liquidity stress tests and contingency funding responses.

  • Liquidity stress scenarios model delayed receipts, facility loss and market closure
  • Survival horizon measures days of liquidity under stressed assumptions
  • Contingency funding plans identify triggers, actions, owners and communications
  • Funding sources ranked by availability, speed, cost and operational constraints
  • Early-warning indicators include covenant pressure, collection delays and bank downgrades
  • Crisis reporting escalates cash positions, actions and decision requirements

Participants can plan practical treasury improvements with ownership, sequencing and measures.

  • Treasury maturity assessment identifies priority gaps in process and control
  • Improvement roadmap sequences quick wins, dependencies and longer-term initiatives
  • Business cases quantify cash release, cost reduction and risk mitigation
  • RACI matrices assign treasury, finance, banking and technology responsibilities
  • Implementation milestones define deliverables, approvals, testing and transition activities
  • Success measures track adoption, forecast accuracy, savings and control performance

Participants can build, review and present a complete treasury operating plan for a defined organisation.

  • Cash forecast integrates operating assumptions, receipts, payments and funding actions
  • Liquidity plan sets buffers, investment maturities and contingency funding triggers
  • Bank account review recommends rationalisation, authorities and service improvements
  • Risk register prioritises foreign exchange, rates, counterparty and fraud exposures
  • Treasury dashboard presents KPIs, limit usage, variances and management actions
  • Committee presentation defends recommendations, assumptions, controls and implementation priorities

Exercises and examples are adapted to each cohort's sectors and roles.

What you take back to work

  1. 13-week rolling cash forecast template
  2. Treasury policy and authority matrix
  3. Bank account governance checklist
  4. Short-term investment assessment model
  5. Treasury risk register and control matrix
  6. Integrated treasury operating plan

Who should attend

  • Treasury Analysts — need practical forecasting, cash positioning and reporting methods
  • Treasury Managers — need stronger controls, funding analysis and policy design
  • Finance Managers — need to connect operating plans with liquidity requirements
  • Financial Controllers — need oversight of cash controls, bank accounts and exposures
  • Accountants Moving into Treasury — need a structured foundation in treasury operations
  • Internal Audit Professionals — need to assess treasury risks and control design

Skills and tools covered

Cash flow forecastingLiquidity managementBank relationship managementTreasury risk controlShort-term investingFunding analysis

Tools and standards

ISO 20022, IFRS 9, ISDA Master Agreement, SWIFT

How the course runs

Training methodology

The course uses short instructor briefings followed by case work, spreadsheet-based analysis, group exercises, simulations and application planning. Participants work with cash forecasts, bank-account inventories, payment-control scenarios, debt schedules, investment proposals and foreign-exchange exposures. Facilitated reviews focus on the assumptions behind each decision, the evidence needed for approval and the controls required after implementation. Trainers adapt cases to participant sectors, including corporates, banks, public bodies, NGOs and multinational groups.

Requirements and prerequisites

Participants should understand basic financial statements, bank reconciliations, working capital and common business transactions such as invoicing, purchasing and payroll. Experience in finance, accounting, banking, audit, shared services or corporate planning is useful. Participants should be comfortable working with spreadsheets and interpreting simple interest-rate and foreign-exchange calculations. Prior treasury experience is not required. The course does not assume prior derivatives trading knowledge, programming skills, specialist treasury-system experience or advanced quantitative finance training.

A typical training day

08:30 – 10:30First session
10:30 – 10:45Refreshment break
10:45 – 12:30Second session
12:30 – 13:30Lunch and networking
13:30 – 15:00Third session
15:00 – 15:15Refreshment break
15:15 – 16:30Workshop and daily review

Live online deliveries follow the same structure in East Africa Time, with shorter screen blocks and longer breaks.

What the fee includes

  • Instruction by a practitioner facilitator
  • Full course workbook and materials
  • Exercise files, templates and case studies
  • Refreshments and lunch on classroom deliveries
  • Certificate of completion
  • Post-course application plan

Frequently asked questions

Participants need basic finance or accounting knowledge, including financial statements, working capital and bank reconciliations. Previous treasury experience is useful but not required, and no derivatives trading background is assumed.

Bring a laptop with spreadsheet software and, where permitted, examples of anonymised cash forecasts, bank reports, debt schedules or treasury policies. Course materials and case data are provided.

It is designed for treasury analysts, finance managers, controllers, accountants moving into treasury and audit professionals reviewing treasury controls. It also suits staff supporting cash, banking, funding or financial-risk activities.

Corporate finance courses usually focus on valuation, capital structure and investment appraisal. This programme concentrates on the daily and strategic management of cash, banks, liquidity, payments, funding, investments and financial risks.

Participants can use the forecast structure, account-review checklist, risk register and reporting models with their own data. The final operating plan helps convert course methods into prioritised actions for their treasury function.

Each day runs from 08:30 to 16:30 and provides about 6.5 contact hours. The first part builds core cash, banking and funding methods; the later part covers risk, systems, reporting, controls and the capstone operating plan.

Questions about this course?

Ask about dates, fees, group bookings or running it for your team. Our training team replies by email.

Ask on WhatsApp info@skillsetdevelopment.com

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