Public Financial Management & Budgeting

Financial Management for State-Owned Enterprises (SOEs) Training Course

Introduction

Financial Management for State-Owned Enterprises (SOEs) Training Course is designed to empower professionals with practical financial skills, strategic management tools, and governance frameworks essential for enhancing the performance and sustainability of SOEs. With the growing demand for accountability, transparency, and efficiency in the management of public resources, this program equips participants with advanced techniques in financial planning, risk management, performance measurement, corporate governance, and investment strategies to ensure long-term value creation.

This comprehensive training course emphasizes best practices, international standards, and case study-driven learning that address real-world challenges faced by SOEs. Participants will gain practical insights into budgeting, financial reporting, cost control, auditing, corporate restructuring, and public-private partnership financing, enabling them to improve operational performance, meet policy objectives, and strengthen stakeholder confidence. By the end of the program, attendees will be prepared to drive financial excellence and deliver sustainable growth in SOEs.

Programme Curriculum

Financial Management for State-Owned Enterprises (SOEs) Training Course

Introduction

Course Objectives

Strengthen financial management practices in SOEs for sustainable growth.
Apply strategic financial planning to optimize resources and investments.
Enhance corporate governance and accountability in public enterprises.
Implement effective budgeting and forecasting techniques for financial control.
Improve financial reporting and transparency in compliance with global standards.
Utilize cost management and efficiency frameworks for operational excellence.
Apply risk management strategies to safeguard SOE assets.
Evaluate and implement public-private partnerships (PPPs) for funding innovation.
Strengthen audit and internal control systems for improved accountability.
Improve capital structure management and debt sustainability.
Utilize performance measurement tools for financial decision-making.
Enhance stakeholder engagement through effective financial communication.
Apply case-study-based financial strategies to real SOE challenges.

Target Audience

Chief Financial Officers (CFOs) in SOEs
Government policymakers and regulators
Financial managers and controllers
SOE board members and directors
Internal and external auditors
Risk and compliance officers
Project and investment managers
Consultants and advisors in public finance

Course Duration: 10 days

Course Modules

Module 1: Introduction to Financial Management in SOEs

Importance of financial sustainability in SOEs
Role of SOEs in national economic development
Key challenges in SOE financial management
Best practices from global benchmarks
Governance frameworks in SOEs
Case Study: Financial transformation in Singapore’s Temasek Holdings

Module 2: Strategic Financial Planning

Long-term financial planning models
Linking strategy with financial performance
Capital allocation in SOEs
Resource optimization techniques
Measuring strategic outcomes
Case Study: Strategic planning at Eskom (South Africa)

Module 3: Budgeting and Forecasting

Budget preparation frameworks
Forecasting techniques for SOEs
Variance analysis and control
Multi-year budgeting models
Linking budgets to KPIs
Case Study: Budgetary reforms in Kenya Power

Module 4: Financial Reporting and Transparency

International Financial Reporting Standards (IFRS) for SOEs
Key performance indicators in SOE reporting
Enhancing transparency and disclosure
Technology in financial reporting
Improving accountability in reporting
Case Study: Financial disclosures by Petrobras (Brazil)

Module 5: Corporate Governance in SOEs

Governance structures for SOEs
Board roles and responsibilities
Addressing corruption and inefficiencies
Ensuring compliance and accountability
Global governance frameworks
Case Study: Governance reforms in Ethiopian Airlines

Module 6: Cost Management and Efficiency

Cost-reduction frameworks for SOEs
Process optimization strategies
Identifying inefficiencies and leakages
Benchmarking cost performance
Performance-based budgeting
Case Study: Cost restructuring in Indian Railways

Module 7: Risk Management in SOEs

Identifying financial risks
Risk assessment frameworks
Mitigating investment risks
Integrating risk management into strategy
Financial resilience techniques
Case Study: Risk management in China’s SOEs

Module 8: Public-Private Partnership (PPP) Financing

PPP models and structures
Benefits and risks of PPPs for SOEs
Legal and regulatory frameworks
Funding mechanisms through PPPs
PPP performance management
Case Study: PPP in energy sector – Tanzania

Module 9: Capital Structure and Debt Management

Debt sustainability frameworks
Equity vs debt financing
Capital structure optimization
Managing sovereign guarantees
Role of international financial institutions
Case Study: Debt restructuring of Greek SOEs

Module 10: Performance Measurement Tools

Key metrics for financial performance
Balanced scorecard for SOEs
Benchmarking SOEs globally
Linking performance with incentives
Data-driven decision making
Case Study: Performance measurement in Malaysian SOEs

Module 11: Internal Audit and Control Systems

Role of internal audit in SOEs
Building strong internal controls
Fraud detection and prevention
Integrating risk and audit functions
Continuous monitoring frameworks
Case Study: Internal audit in Nigerian SOEs

Module 12: Investment and Asset Management

Asset valuation techniques
Portfolio management for SOEs
Evaluating investment projects
Public asset monetization
Financial sustainability through investments
Case Study: Asset management in Saudi Aramco

Module 13: Financial Innovation and Technology in SOEs

Digital finance in SOEs
Role of fintech in public enterprises
Blockchain for transparency
AI for financial forecasting
Cybersecurity in financial management
Case Study: Digital finance in Rwanda’s SOEs

Module 14: Stakeholder Engagement and Communication

Financial communication strategies
Building stakeholder trust
Reporting to government and public
Transparency in financial information
Engaging media and civil society
Case Study: Stakeholder engagement in South African Airways

Module 15: Global Best Practices and Future Outlook

Lessons from successful SOEs worldwide
Emerging trends in financial management
Building resilience against economic shocks
Integrating ESG (Environmental, Social, Governance) factors
Future-proofing SOEs financially
Case Study: Norway’s State-Owned Enterprises Model

Training Methodology

Interactive lectures with real-world insights
Case study analysis from leading SOEs globally
Group discussions to encourage peer learning
Hands-on exercises for practical application
Simulations and role-playing for decision-making practice
Action planning to apply learning in participants’ workplaces

Register as a group from 3 participants for a Discount

Send us an email: info@fineskilltrainingcenter.org or call +254769199797

Certification

Upon successful completion of this training, participants will be issued with a globally- recognized certificate.

Tailor-Made Course

We also offer tailor-made courses based on your needs.

Key Notes

a. The participant must be conversant with English.

b. Upon completion of training the participant will be issued with an Authorized Training Certificate

c. Course duration is flexible and the contents can be modified to fit any number of days.

d. The course fee includes facilitation training materials, 2 coffee breaks, buffet lunch and A Certificate upon successful completion of Training.

e. One-year post-training support Consultation and Coaching provided after the course.

f. Payment should be done at least a week before commence of the training, to Fineskill Training Center account, as indicated in the invoice so as to enable us prepare better for you.

Programme Fee

Duration: 10 Days

Method: Online or Physical

Online Price: $2,000

Physical Price: $3,000

Certification: Accredited Certificate

View Available Dates 📄 Download Course Outline (PDF)

Available Sessions

Location

Month

Year

Oct 19 2026

19 Oct — 30 Oct 2026

💻 Online / Virtual session

Online $2,000