• SKILL LEVEL:
  • Proficient

Working capital and supply chain professional

Specialism: Financial management

What is a working capital and supply chain professional and what do they do?

Working capital and supply chain specialists work across most industries. The importance of working capital in areas such as manufacturing, pharmaceutical and retail mean that many supply chain professionals have experience in these areas.

Working capital refers to the cash a business needs for its day-to-day operations and is a measure of a company’s efficiency and short-term financial health. The ability to keep low levels of working capital and still meet business requirements can result in higher returns on capital and more cash to fund growth.

The company supply chain is often the first place that people look to for working capital reduction opportunities. Supply chains can be hugely complicated processes with multiple operators and contributors and a key part of any supply chain role is to drive the end to end supply chain performance to deliver competitive advantage for the business. This requires smooth functioning of the supply chains through effective resourcing, planning processes, and business integration.

Capabilities

While the accountancy profession offers diverse career options and paths, the core capabilities required to perform at the highest standards remain the same - irrespective of skill level or job role.

Collaboration Digital Drive Ethics Expertise Insight Sustainability
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Continuing professional development at ACCA

A commitment to life-long learning is a vital part of your ACCA membership; it unlocks the full potential of your career choices - and drives forward the profession.

We deliver a wide range of CPD resources tailored to different areas of expertise - and an ever-changing profession. Our, and your, commitment to quality CPD ensures you will have the most up-to-date skills to perform at the highest standard. 

So, get started (or restarted) and take a look at our curated list of the most relevant CPD resources to secure and succeed in this role.

units 7

Online course

Finance for non-finance managers: Why the numbers matter

Every organisation requires an effective finance function to take the lead on financial planning, financial control and financial reporting. The finance team produces meaningful information to help leaders and managers make informed decisions. This also requires decision makers to have a basic understanding of accounting and to be able to understand financial information and reports.

This course is designed to help the non-financial managers and professionals gain the necessary skills to successfully interpret, analyse and make decisions based on financial information and reports.

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units 12

Online course

Financial management 10 course pack

This ten course pack from BPP is designed to provide you with essential guidance and knowledge on financial management. These courses will develop the skills needed to carry out your day-to-day job.

By completing this pack, you will gain a better understanding of: 
 

  • how to plan your organisation's finances
  • budgeting
  • expenses
  • cash and credit
  • working capital
  • supply chain management.
Find more CPD resources on ACCA Learning

How does the ACCA Qualification prepare you for this job role?

From a combination of exams, ethics and experience, the ACCA Qualification will boost your employability and performance at every stage of your career journey.

Here we have listed some elements of the ACCA Qualification that will help you perform at the highest standard in this job role.