From Operations to P&L Leader Workshop

After working with many large companies and seeing the same thing, we wanted to create a solution. These organizations promoted many sales and operations personnel to division managers, and they were then responsible for managing financial statements. Some of them have never seen a financial statement, and most had never managed a department financially.

After Working With Many Large Companies And Seeing The Same Thing, We Wanted To Create A Solution.

These organizations promoted many sales and operations personnel to division managers, and they were then responsible for managing financial statements. Some of them have never seen a financial statement, and most had never managed a department financially.

You may also be a business owner and have seen growth in your business. As a result, you need better data to make decisions. Or you may have taken a role that required honing your accounting and financial skills. So, if you or your employees are in this position, you are not alone.

These reasons are why we developed the From Operations to P&L Leader Workshop, which is your one-stop training and coaching program.

What is the "From Operations to P&L Leader Workshop"?

As a P&L leader, you are expected to know everything about your P&L. However, it isn’t fair to expect you to know it all, so we created this workshop based on our own experience. Over the past 25+ years, our team has worked as executives and P&L leaders. We have also worked with large, small, publicly traded, and private companies that have experienced similar challenges. The From Operations to P&L Leader Workshop is designed for employees without any accounting/financial background that are now managing financial statements and profitability.

Our workshop is held across 3 sections. The first covers the accounting basics. Next, we go in-depth about what P&L leaders need to know about accounting and financial statement basics. In the third section, we cover CAPEX, ROI, ROC, IRR, valuation, and revenue recognition. Finally, we show you how to successfully budget using our budgeting process.

Who Attends The From Operations to P&L Leader Workshop

Employees That Manage The Financial Success Of A Division Or Department, But May Struggle With Understanding How The Financials Really Tie To The Operations Of The Company (Including Basic Accounting). This May Be An Entrepreneur Of A Small Organization Or A P&L Leader Of A Multibillion-Dollar Company
When the Workshops Occur
These workshops are given either in a classroom setting, one-on-one, or a self-study. Each workshop is a full day. The 3 days can be scheduled consecutively, spread out over a few weeks, or even a few months. For our classroom setting hosted in Houston, TX, there are several opportunities to enroll in an upcoming 3-day in 3-month class. If you would like to host a classroom at your company, we can also schedule that.

Classroom Setting

Enroll in an upcomping 3-day in 3 month class by selecting a series below. Each series has 8-10 individuals learning how to be a P&L Leader.

One-On-One Coaching

If you are looking for a more customized version of our program or need to attend at a different times/frequencies that our classroom offers, reach out to us to learn more about our one-on-one setting.

From Operations to P&L Leader Coaching Contact

What to Expect

  • Your message will be received during regular business hours (M-F 9 AM – 5 PM)
  • We will reach out to you within 24 hours of receiving your message

Value that Comes from the From Operations to P&L Leader Workshop

  • Learn the basic accounting tools you need to successfully manage your operation
  • Learn how to be a financial leader to your team & how to implement financial leadership within your organization
 
Meet Your From Operations to P&L Leader Workshop Instructor

When you attend this workshop, our President, Dan Corredor, will greet you. Dan has 28+ years of experience consulting and managing companies in different industries, in different countries, and with different sizes. With extensive operational and financial knowledge, Dan understands what a sales or operations employee understands. He translates the CFO-speak to sales/operations language.

Workshop Learning Objectives

DAY 1

Understanding The Basics Of Accounting

 

The first day of the series is focused on answering the question, “what is accounting?” We look at the accounting cycle in every business. Then we dive into what a P&L, Balance Sheet, and Cash Flow Statement are. Finally, we tie how all these statements connect. The participants are also trained with tools that can immediately be used to improve financials in their organizations.

 

TOPICS COVERED

  • P&L Basics
  • Working Capital
  • Inventory
  • Ratio Analysis
  • Cash Flow Forecast
  • EBITDA
  • Other Financial Tools & Internal Controls
  • Other Accounting Reports
  • Accounting Software

DAY 2

Other Than Accounting

 

The second day of the series answers the question, “what else does a P&L leader need to know?” During the first part of the day, you will learn how banks think, what debt covenants are, what the cost of capital is, how to improve your creditworthiness and bank ratios. Then, we dive into cash management and treasury. You will also be able to identify both your financial KPIs and operational KPIs. You’ll learn other methods that will enable you to be more of a strategic leader in your organization.

 

TOPICS COVERED

  • P&L Basics
  • Working Capital
  • Inventory
  • Ratio Analysis
  • Cash Flow Forecast
  • EBITDA
  • Other Financial Tools & Internal Controls
  • Other Accounting Reports
  • Accounting Software

DAY 3

Capex, ROI, ROC, IRR, Valuations, Revenue Recognition, & Budgeting

 

The third day of the series focuses on defining CAPEX, ROI, ROC, IRR, valuation, and revenue recognition. Then, we expand on how to value your firm and how others look at your company. This includes EBITDA multiples, the Income approach, Asset approach, and Market approach. You will also learn when to recognize revenue. Finally, we focus on the basic budgeting principals and rules you need to be following. We also identify the most common budget problems and pitfalls. Then we expand on the critical elements of budgeting and how to be accountable.

 

TOPICS COVERED

  • P&L Basics
  • Working Capital
  • Inventory
  • Ratio Analysis
  • Cash Flow Forecast
  • EBITDA
  • Other Financial Tools & Internal Controls
  • Other Accounting Reports
  • Accounting Software

JOIN THE NEXT STRATEGIC CFO™ SERIES

Strategic CFO™ Financial Leadership Workshop
The Art of the CFO®

Days
Hours
Min
Sec

June 13th - 16th 2022

Dan Corredor

President at The Strategic CFO

dcorredor@strategiccfo.com

o. (832) 710-3105

m. (713) 501-7481

Dan Corredor acquired The Strategic CFO in 2017, following the death of the Founder and former President, Jim Wilkinson. Dan knew Jim since the mid-1990s and followed the development and success of The Strategic CFO, LLC. Furthermore, with a similar background as Jim, it was obvious that Dan was the perfect fit for the firm as our leader.

With 30+ years of total experience, Dan’s expertise includes the following: mergers and acquisitions, due diligence, post closure business integration, operational and financial restructuring, accounting efficiencies, working capital and cash flow management. His experience also includes dealing with business owners and private equity groups. In addition, Dan has extensive international operational experience, which includes over 10 years working with companies in Latin America and consulting in Turkmenistan. Dan’s experience also includes working with lenders, bond holders and presenting to ratings agencies.

He has held multiple CFO positions and was promoted twice to President & CEO. In addition, Dan has sat on boards as an internal board member and external board member.

Prior to acquiring The Strategic CFO, Dan was consulting for five years. Before that he was President & CEO of a regulated water utility, which was a company that required operational and financial restructuring after experiencing a crisis. Prior to that Dan was promoted from CFO to President & CEO at a Japanese owned Petrochemical company. Dan’s Latin American experience includes both working as CFO for a large publicly traded water utility in Mexico for 4 years and 6 years with two large publicly traded oil and gas field service companies in financial executive roles.

Dan Corredor’s career has had many focuses, but his core professional competencies include the following:

  • Operations and Operational Restructuring as President & CEO
    • Chapter 11
    • Significant experience in M&A
    • Managed numerous M&A transactions both in the US, Japan, and in Latin America for large public companies
    • Managed complex relationships with boards, shareholders and management
    • Crisis management
    • Complex negotiations with lenders, bond holders and ratings agencies

While Dan Corredor has worked with clients in many different industries, the following industries are those that he’s spent the most time working in.

  • Construction
  • Industrials & Manufacturing
  • Oil and Gas Exploration & Production
  • Oil and Gas Services
  • Petrochemical
  • Regulated Utilities
University of Houston B.S., Accounting
  • Certified Public Accountant
  • Bi-Lingual (English & Spanish)
  • Opportune LLP (Director in the Restructuring Group)
  • Southwest Water Co. (JP Morgan portfolio company)
  • Chusei USA, Inc. (Private Japanese owned)
  • Azurix (Enron)
  • EVI Oil Tools (Weatherford)
  • Sperry Sun Drilling