Finance and Procurement Management in Amman, Jordan

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Program Introduction

Financial Management is a key to your organizational sustainability, encompassing all activities which have a financial impact. It provides direction, determines and clarifies accountability, evaluates resources and delivers information that can be used in planning, assessing impact and reporting. It also allows your organization to identify legal obligations through implementing good practice in accounting for finances. The role of financial managers today goes far beyond handling a multitude of daily transactions. You must also help drive company performance by sharing valuable information hidden in transactional data and adapting processes fluidly as business conditions and regulatory environments change.

In today’s increasingly complex business environment, project professionals need to be knowledgeable in all phases of the project life cycle, from the early phase of acquisition to the last phase of product delivery to the client. Among them, Project Procurement and acquisitions professionals must keep many things in mind, including contractual issues between the buyer and seller or between the developer and client or consultant. Contracting officers, Purchasing Managers, and Subcontractors are often among the players who play a vital role in achieving the overall project success.

The right combination of Financial and Procurement Management tools are essential to any organization’s success. This training gives you the right mix of knowledge from both areas and the skills you need in order to provide tight alignment between business strategies and operations while improving your financial status and other factors affecting business performance.

Program Methodology

The workshop uses a range of approaches to learning, including experiential group activities, individual exercises, mini-case studies, role plays and syndicate discussions. Formal inputs are used to introduce the underpinning theory. A key part of the learning process is sharing the differing experiences participants bring, as well as experimenting with novel – and sometimes challenging – techniques. A psychometric instrument will be used to generate a personality profile, which will contribute to your understanding of your preferences and personal style.

Program Objectives

After attending this program participants will learn how to:

  • Assess the financial performance and health of the firm
  • Enhance their decision-making skills by understanding financial management concepts
  • Assess various software applications for managing finances
  • Control the flow of money through their departments
  • Understand the budgeting process and forecasting techniques
  • Manage their own budget, inventory and petty case
  • Confidently discuss and use financial information
  • Understand financial jargon
  • Read and analyze a set of accounts
  • Use basic financial tools
  • To set up and manage procurement effectively
  • To select suppliers on strict criteria
  • To measure supplier performance
  • To identify ways to increase procurement effectiveness and efficiency
  • To use IT systems effectively to assess supplier performance
  • To work across functions to improve all aspects of procurement service to its customers
  • To understand the training needs of procurement personnel
  • To build a motivated procurement team


Target Audience
  • Finance and Procurement Executives, Senior Managers, Procurement & Finance Managers and Professional staff from related functions
  • Project Managers, Supervisors and Program Officers involved in or overseeing financial activities
  • Project Managers involved in plant and equipment development projects
  • Technical Personnel involved in performance specification of plant and equipment
  • Quality Managers seeking to understand how suppliers are selected
Target Competencies
  • Keys to Financial Success
  • Financial Planning Principles
  • Risk Management
  • Cash Management
  • Investment Planning
  • Social Security Benefits
  • Inventory Management
  • Tax Management
  • Retirement Planning
  • The role of procurement in the organization
  • Developing supplier relationships
  • Reviewing supplier performance
  • Managing the tendering process
  • Negotiating contract with suppliers
  • Understanding the needs of the users of procurement services
  • Contract documentation
  • Rationalizing the supplier base
  • IT systems in procurement
  • Detecting fraud
  • Training needs of procurement personnel

Ask for this program to be arranged for your team in different parts of the world with modern techniques of the industry and get clear results. Please send your proposal requests to: and we will get back to you with complete details.

Registration Information

Program Dates: 17 – 21 December 2019

Registration Closes on: 30 September 2019

Program Fee: $2750

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