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FP&A Business Partnering

FP&A Business Partnering in Focus of the Dubai FP&A Board

By Larysa Melnychuk, Managing Director at FP&A Trends group

The second meeting of the Dubai FP&A Board, launched in October 2016, took place at the stunning InterContinental Dubai Marina on 15th February 2017. 
The mission of the International FP&A Board is to guide the development and promotion of best practices in global FP&A, identify and support new trends, skillsets and innovations. Almost 30 FP&A professionals from such international and local Middle Eastern companies as Abu Dhabi Ship Building, Al Jaber Group, Applus, Barclays Bank, Colas, Emirates NBD, Landmark, Panalpina, Siemens, TGI Group, to name but a few, gathered to discuss an essential subject of FP&A Business Partnering.

Becoming The FP&A Business Partner – What To Consider Beforehand

By Tijana Balotic Truong, Performance Management Professional

Becoming a business partner is usually a choice. There are several areas to consider when preparing for your new way of working:

  • Yourself
  • People you care about
  • Your team
  • Your peers and future partners

Strategic Planning is about ‘Talks & Figures’

By: Richard Reinderhoff, Freelance Consultant Strategy & Operations​

A ‘financial’ strategist is a strategist first, and a financial second. For decades financials have been applying solutions to become a strategic business partner for the C-suite, from financial engineering and tax planning, to centralising (global) operations and deep analytics today. To avoid drilling deeper and still find nothing, reverse engineering the strategic role of the financial will show another route to be of value and increase the yield on IRR or profits with double digits… 

Business Partnering and the Challenges Faced by FP&A professionals

by Anne-Marie Rice, EMEA Director at AFP

Business Partnering, the very essence of Financial Planning & Analysis (FP&A), continues to prove one of the most challenging aspects of the FP&A professional’s role. In simple terms, relationship building with Senior Management sometimes lacks the impetus required to empower the collaborative psychology an organisation needs to identify, facilitate and sustain growth.

A balmy Dubai evening welcomed almost 30 senior Finance and FP&A professionals from across the UAE to join the latest FP&A Board at the Intercontinental Dubai Marina hotel. The roundtable was the latest in a series of regional gatherings organised by Larysa Melnychuck (MD of the FP&A Trends Group) with the aim of guiding the development and promotion of best practices in FP&A. Three hours of insightful, hot discussion and debate centred around the reasons why business partnering continues to prove such an obstacle for FP&A folk and the organisations they work for.

The Missing Link in Finance Business Partnering Assignment

By Hyder Hasan, Global Finance Director at PureCircle

The concept of business partnering is more than two decades old and till now employees, at all levels, have not fully understood the fundamental point of Business Partnering roles. Even the companies which consider themselves ahead of the curve on implementing business partnering and have produced tons of reading material & presentations to make business partnering more effective, have only thought of the functional and operational elements of business partnering role. At the end of the day, our business partners are the ultimate judge of the quality of finance business partnering and just a confidential feedback will help to understand the variation in expectations and delivery.

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