FP&A Teams

FP&A Business Partnering

by Antony Parker, AECOM

Introduction

One important skill finance professionals are never taught during their formal education is the power of personal engagement with operations and using these relationships to deliver bottom line value. There is too much focus on models, processes, procedures and systems without regard to the fact that all these have to be developed, operated and interpreted by people.

I never cease to  be amazed by the number of job ads that contain the title “Business Partner” without the candidate or employer knowing what the term means or understanding the behaviors and competencies  associated with effective business partnering. Many organizations also fail to understand the powerful linkage between partnering and organization performance.  They simply see business partnering as an attempt to convince themselves that by  following latest trends the organization will achieve success.

FP&A Trends TV Series: FP&A Organisational Transformation in Nielsen

In this episode of the FP&A Trends Video Series, Fredrik Hedlund, Europe CFO  at Nielsen, shares his insights on FP&A organisational transformation.  Nielsen Europe completely transformed FP&A in 42 countries of Europe through implementing effective FP&A organisational structure.

FP&A Team Building in Focus of the London FP&A Board

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

On 20th April 2017,  20 FP&A professionals from such companies as Barclays, Coats, the Economist Group, Kraft Heinz, NetApp, Starbucks, Visa, etc., participated in the London FP&A Board meeting. 

The main focus of the interactive discussion in London was Effective FP&A Team Building.  

It is hardly arguable that there are so many requirements to a modern FP&A professional that are difficult to be met by one person, that building effective FP&A teams with complementary skills are seen as the easiest solution under the circumstances. 

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.

The Qualities of FP&A Practitioners

By Karl Kern, Founder/President, Kern Analytics LLC

A definition of quality is “a distinctive characteristic possessed by someone.”  The work of FP&A practitioners focuses on thinking and learning about how financial activities – earning revenues, incurring costs, generating cash flows – affect organizations.  The thinking and learning about this relationship require a mindset that creates results.  

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