Name
Brookfield Properties Australia Pty Ltd
Industry
Real-estate
Products and services
Provides industry-leading portfolio management and development capabilities
Website
The challenge
Financial analysis is a giant topic with different implications in any company, and depending on whether it’s being applied by investment, operations, accounting or other specialist staff members. Jargon is endemic in the field of finance, often with conflicting terminology. For multinational property developer Brookfield, a newly expanded team had conflicting approaches to several aspects of corporate finance. Seeking workplace training that would consolidate everyone’s collective knowledge of finance and how it applied to them, Brookfield approached CCE to deliver a professional development course.
Course_
Our solution
CCE’s top-rated facilitator has decades of experience in management consulting. His introductory Finance Course for Non-finance Professionals was developed after observing a distinct need in various industries, where non-financial managers are often pressed to make decisions based on their understanding of budgets. Our facilitator based the Brookfield training on his popular public workshop, modifying the content and examples to the property sector. The content was delivered online for an audience dialling in from several Australian locations and time zones.
Facilitator_
John Le Mesurier
John Le Mesurier brings a wealth of business, management, IT, consultancy and training experience to many of the professional development courses on offer at CCE. This experience has included senior corporate and general management roles in American, British and Chinese multinationals, as well as consultancies for several leading UK and Irish management firms (Childs Davidson/ Canadean/ GlobalData plc).
View profileThe outcome
The workshop drew on many examples specific to Brookfield Properties, and to the commercial property sector generally. During the training, participants were able to work on real-life scenarios, calculate internal rates of return (IRR) and variances, read financial statements, interpret profit-and-loss statements, and ask questions on specific challenges. The training also lifted their understanding of financial concepts as a whole, which will ensure better communication between teams. The training also identified different needs within the group. This is helping management discern specialist finance areas to upskill future team members, depending on whether their role is in management, HR or elsewhere.