Financial Management 101

Better Nonprofit Management Training Series

Learn the  basic elements of financial management and the major financial components that staff in these positions need to monitor.

Workshop DescriptionUnderstanding financial health is one of the key responsibilities of staff in leadership and management positions. In this session, Maureen Miller will introduce attendees to the basic elements of financial management and the major financial components that staff in these positions need to monitor, including:<ul><li>Budget management</li><li>Financial reporting</li><li>Cash flow &amp; operating reserve</li><li>Grants &amp; audit management</li><li>Financial wellness</li></ul>The trainer will also discuss the importance of efficient financial systems, GAAP (generally accepted accounting principles), and documenting your policies and procedures. Learning ObjectivesParticipants will leave this workshop with an understanding of the basic elements of financial management and what they should be reviewing on a regular basis to determine the financial health of the organization. Target AudienceThis workshop is for finance, program, and leadership staff who are responsible for the financial management of the organization or a program within the organization. About the PresenterMaureen Miller is an expert at developing efficient and impactful financial systems that support organizations in achieving their strategic fiscal goals. She is an expert at translating complicated financial information to people with varied levels of financial knowledge.Maureen has decades of experience in financial management, including 12 years as a finance &amp; administrative director at a New Hampshire state-wide nonprofit, 16 years working with three different organizations within the University of New Hampshire system (Sustainability Institute, Carsey School of Public Policy, and the Institute on Disability), and eight years as a financial management consultant for nonprofits and small businesses.An executive director at a nonprofit that Maureen works with recently stated, “Maureen’s expertise in nonprofit financial management has been very beneficial to our organization. Her customizable services streamline the work of managing daily, monthly, and annual accounting and fiscal oversight. For our board, Maureen has developed more user-friendly reporting to increase their understanding and oversight of our organization’s financial health. Additionally, Maureen is a pleasure to collaborate with and brings infectious enthusiasm to her work.”Through her nonprofit leadership, business management, and entrepreneur experience, she has come to understand what it takes to run an organization effectively, and she uses this knowledge to improve the work of leadership, directors, managers, direct staff, and administrative staff, so that they can better support the communities they serve. FAQTSNE's Better Nonprofit Management Training Series runs from October 2023 to June 2024.Join us this year as we present workshops on essentials issues in nonprofit management such as supervision, financial management, fundraising, communications, and more! We have trained more than 3,000 nonprofit professionals on the skills needed to take the lead in their work and their careers.Visit our website for full workshop descriptions and series information <a href="http://www.tsne.org/bnmts/workshops" title="http://www.tsne.org/bnmts/workshops" target="_blank" data-msys-clicktrack="0" rel="nofollow noopener noreferrer">here</a>. What is the refund policy?Cancellations must be made via email at least 10 business days prior to the date of the workshop in order to receive a refund. Email <a href="mailto:trainings@tsne.org" title="mailto:trainings@tsne.org" target="_blank" rel="nofollow noopener noreferrer">trainings@tsne.org</a> should you need to cancel your registration.Where are your workshops located?All of our online workshops are being conducted via Zoom.What is the maximum number of attendees from our organization that can attend a training?We limit groups and organizations to 5 seats per workshop. If you would like to have more people take one of our workshops, email <a href="mailto:trainings@tsne.org" title="mailto:trainings@tsne.org" target="_blank" rel="nofollow noopener noreferrer">trainings@tsne.org</a> to learn about customized training offerings.Additional Questions?Contact us at <a href="mailto:trainings@tsne.org" title="mailto:trainings@tsne.org" target="_blank" rel="nofollow noopener noreferrer">trainings@tsne.org</a>

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Financial Management 101

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Financial Management 101

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