About Trainer
Peter Bokma, mba
Strategy Provider - Senior Treasury Consultant
With over 45 years of experience at the intersection of international Treasury and Investment Banking Consulting, Peter has developed a comprehensive and nuanced expertise across both conventional and Islamic treasury environ ments. His career has been marked by the development of advanced trading models that have become foundational to innovative trading strategies. Through detailed portfolio analysis, he has enhanced asset performance and brought precision to asset allocations.
A key achievement in my career has been the successful implementation of four full-cycle treasury systems. These projects have strengthened operational resilience and streamlined financial processes, leading to quicker and more efficient transactions. He has played a pivotal role in driving significant changes within globally renowned firms, making lasting impacts in regions including Europe, Australia, Singapore, the USA, Qatar, and Saudi Arabia.
His skills as a sophisticated commercial strategist are backed by a track record of significant bottom-line achievements. He excels in motivating and challenging teams, aiming for an operational framework that emphasizes high performance and innovation. His expertise lies in business requirement analysis, Treasury, and Investment Control setups.
Recognized for my reliability and effectiveness, I have consistently excelled in challenging commercial environments. His communication skills and negotiation abilities enable me to drive strategic transformations, fostering continuous improvement and operational excellence.
In addition to his professional skills, he is multilingual, fluent in Dutch, English, German, and proficient in conversational French, with a basic understanding of Tagalog. My extensive training background covers experiences in the United States, further enriching my global perspective.
Additionally, he has provided consultancy and training to prestigious clients such as Commerzbank, ING Bank and Group, ABN Amro, Arab Banking Corp, KIPCO, Qatar Intl Islamic Bank,
Qatar Internal Islamic Bank, ARAMCO, Nakilat, HSBC, Gulf International Bank, and many others, either through his network of event management organizations or directly. This diverse client base reflects the breadth and depth of my expertise and the wide-reaching impact of his work in the field.
A key achievement in my career has been the successful implementation of four full-cycle treasury systems. These projects have strengthened operational resilience and streamlined financial processes, leading to quicker and more efficient transactions. He has played a pivotal role in driving significant changes within globally renowned firms, making lasting impacts in regions including Europe, Australia, Singapore, the USA, Qatar, and Saudi Arabia.
His skills as a sophisticated commercial strategist are backed by a track record of significant bottom-line achievements. He excels in motivating and challenging teams, aiming for an operational framework that emphasizes high performance and innovation. His expertise lies in business requirement analysis, Treasury, and Investment Control setups.
Recognized for my reliability and effectiveness, I have consistently excelled in challenging commercial environments. His communication skills and negotiation abilities enable me to drive strategic transformations, fostering continuous improvement and operational excellence.
In addition to his professional skills, he is multilingual, fluent in Dutch, English, German, and proficient in conversational French, with a basic understanding of Tagalog. My extensive training background covers experiences in the United States, further enriching my global perspective.
Additionally, he has provided consultancy and training to prestigious clients such as Commerzbank, ING Bank and Group, ABN Amro, Arab Banking Corp, KIPCO, Qatar Intl Islamic Bank,
Qatar Internal Islamic Bank, ARAMCO, Nakilat, HSBC, Gulf International Bank, and many others, either through his network of event management organizations or directly. This diverse client base reflects the breadth and depth of my expertise and the wide-reaching impact of his work in the field.
Course Overview:
Day 1: Budgeting Frameworks and Techniques
1. Introduction to Modern Budgeting Approaches
- Overview of traditional and modern budgeting practices.
- Understanding the importance of flexibility and adaptability in budgeting.
- Interactive Quiz: Basics of budgeting concepts.
2. Zero-Based Budgeting (ZBB)
- Key principles and implementation strategies for ZBB.
- How ZBB can be applied in both startups and established businesses.
- Case Study: ZBB implementation in a mid-sized company.
3. Flexible Budgeting for Dynamic Environments
- Comparing static vs. flexible budgets in variable scenarios.
- How to implement flexible budgeting for dynamic businesses.
- Quiz: Evaluating the effectiveness of flexible budgeting in real-world examples.
4. Activity-Based Budgeting (ABB)
- ABB fundamentals and application in various industries.
- Detailed analysis of cost drivers and how ABB can improve cost control.
- Case Study: ABB in a manufacturing environment.
5. Incremental Budgeting
- Key features, advantages, and limitations of incremental budgeting.
- Application of incremental budgeting in annual planning cycles.
- Quiz: Incremental budgeting analysis for operational improvement.
Day 2: Forecasting and Automation
1. Actual vs. Forecasted Budgeting
- Techniques for analyzing and comparing actual performance to forecasted budgets.
- Identifying and interpreting budget variances.
- How to make real-time adjustments to forecasts using advanced tools like Orange.
2. Automated Budget Reporting and Updates
- Learn how automated tools can improve reporting efficiency.
- Using Orange to automate budget updates based on real-time data.
- Interactive Exercise: Practical implementation of budget automation using Orange.
3. Costing Techniques and Budget Integration
- Overview of different costing methods (e.g., absorption costing, marginal costing).
- Aligning costing techniques with strategic budget management.
- Real-world applications for aligning cost control with financial planning.
4. Forecasting with Regression Analysis
- Introduction to regression analysis and how it can be used for budget estimation.
- Practical exercises in applying regression models to forecast future financial needs.
- How to automate and streamline regression models using Orange.
Learning Tools:
- Case Studies:
- Interactive Quizzes:
- Orange Tool Integration:
Real-world applications in diverse industries.
Test and reinforce knowledge of key concepts.
Demonstrate automated budgeting and forecasting,
illustrating how technology can simplify and enhance
decision-making.
Who Should Attend?
- Financial Analysts
- Budget Managers
- Accountants
- Business Owners
- Financial Planners
- Management Professionals
- Any department
- contributing to budgeting processes