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FP&A People

Will You Be a Relevant FP&A Professional 5-10 Years from Now?

By Mark Gandy, Outsourced CFO, Principal at G3CFO

Edward Hess in his excellent book Learn or Die reminds us that today’s average tenure on the S&P 500 is 18 years and declining. In 1980, the average tenure was 30. 
Hess also states through his research that nearly half of the S&P was replaced in the past decade.
How’s that for company relevance?

Then he tells us the average tenure of the Fortune 500 CEO is just 4.6 years.
As an FP&A professional, you might be asking, “What does this have to do with me?” I believe the answer is everything.

FP&A: Let’s speak the same language

By Irina Steenbeek, ABN AMRO Bank N.V. , Data management consultant

‘Let’s speak the same language’, was once said at the Amsterdam FP&A Board. Do you know what your FP&A Colleagues meant with this expression? And do you also find it challenging finding a common language within various departments of your company?
In this article I would like to tackle this issue and give you some tips on creating better and more efficient ways communication between different units within your company.
 

FP&A Soft Skills: the Differentiator between a Good  and an Effective Business Partner

--Kuala Lumpur, Malaysia

  • In this episode of the FP&A Trends Video Series Hyder Hasan, Global Finance Director at PureCircle and a member of the FP&A Board in Kuala Lumpur (Malaysia), shares his thoughts on the importance FP&A soft skills. The soft skills are the differentiating factor between a good business partner and an effective business partner. 

  • The core point which most of the finance people miss out in a Finance Business Partnering assignment is to take off their FINANCE HAT and wear their BUSINESS PARTNER’S HAT. In a Finance Business Partnering assignment finance people should not consider themselves as part of the Finance department, but part of their business partner’s department. Finance people should take their business partner’s agenda, as their own agenda and their business partner’s targets as their own targets.

Top Five Lessons for FP&A Professionals

By Chris Ortega, MBA, Sr. Finance Manager at Emarsys, USA

What ignited this article? I was talking with some upcoming college graduates from a similar background as myself. They were looking to go into corporate finance/financial planning & analysis (FP&A) after graduating from the Kelley School of Business at Indiana University. I shared with them lessons I learned from 10 years in the finance game. Why is this important to you?  In discussing with them and seeing their reaction/feedback it was clear others could see value in my perspective. 

So, here are my Top 5 lessons learned in the first 10 years of my professional career.

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