The History and Why of Finance in AIESEC UK

transcript

Finance Block I – The Why

UBUNTU

Time Session

12:00-12:30 G2K and Expectation Setting

12:30-1:00 The WHY of Finance

1:00-1:15 The Leadership of Finance

1:15-1:30 Finance and AIESEC

1:30-2:30 LUNCH

2:30-3:15 Finance Synergy (OGX and ICX)

3:15-3:25 Break/Buffer

3:25-4:35 Finance Tools – Templates, Invoicing, and Statements

4:35-4:45 Break / Buffer

4:45-5:05 MC-LC Accounts

5:05-5:45 Financial Processes – Reconciliation

5:45-6:00 Refunding Processes

Agenda

Time Session

6:30-6:45 Budgeting Strategy

6:45-7:05 Budgeting Toolkit

7:05-7:35 LC Budgets

7:35-8:15 Cashbooks

8:15-8:30 Financial Processes – Monthly Submission

Friday

1:30-1:50 Final Strategy

1:50-2:45 Planning

2:45-3:00 Closing

Agenda

2009-2010: Career Fairs

2010-2011: AT5 Visa sales begin; career

fairs stop making surplus

2011-2012: 80K Loss

because no career fairs, visa sales no

longer outsourced

2012-2013: double

exchange, LCs make 57% of

national budget (v.

2013-2014: first year for

Fin in LCs, dropped in

OGX but higher in LC ICX,

higher national rev.

2014-2015:

Nottingh

Birmin

wickLee

Readin

Bristo

UCL-SOAS

-10000

MC-LC accounts as of Q3, 13.14

Introduction of VPFs

How do VPFs control the mayhem of

exchange- and LC-based revenue?

What skills are required to do this

How do VPFs drive exchange within the

organization?

How do VPFs drive the organization as a whole forward?

My role and meBlock I – The Why

What do you want to be when you grow up?

How does AIESEC play into that? (5 min)

How does finance play into that? (5 min)

You get out what you put

in, so put in enough

effort to make it worth it.

From AIESEC UK 2015

“Our financial and internal governance structure drives pioneering change, organizational performance, and rapid, sustainable growth, making AIESEC UK a key contributor to the global plenary.”

The History and Why of Finance in AIESEC UK

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