Error message

Image resize threshold of 10 remote images has been reached. Please use fewer remote images.

FP&A People

Clinical & Statistical FP&A

By Karl Kern, Founder/President, Kern Analytics LLC

In his book THINKING, FAST AND SLOW Daniel Kahneman describes two schools of psychology within the study of decision making.  Clinical psychologists advocate the use of methods like heuristics (rules of thumb) and intuition for making decisions.

Statistical psychologists, on the other hand, advocate the use of methods like simple algorithms or formulas for making decisions.  Clinical psychologists believe their methods are better than the methods used by statistical psychologists and vice versa.  The passion that each school of psychology has for its methods led me to examine my work as an FP&A practitioner.

Ten Key Considerations for Effective FP&A Communication

By Simone da Silva Collins, Finance Manager, Polycom

Communication is a key soft skill that FP&A professionals should master. Getting it right the first time enables FP&A professionals to be more effective and efficient. Effective communication enhances their integrity and credibility.
Communication is a two way process.  This sounds a cliché but it is true. Communication is not a monologue, even when you are using the written form as I am here. There is the sender and the receiver of the message.

Simone da Silva Collins is an FP&A professional working in Polycom, an industry leader in unified collaboration solutions.

She provides business partnering to various departments of Polycom in EMEA. She was previously the Group Finance Analyst supporting the Executive Team at Intec (now part of CSG), a provider of Business Support System (BSS) software and related services, primarily for the telecommunications industry. She also worked for Telewest (now part of Virgin Media) for over 7 years providing commercial and financial support to the Interconnect team.

Simone is originally from Macau in SE Asia. She gained her Masters at Manchester Business School. She has also recently achieved FP&A accreditation.

Acquiring FP&A Skills from Unique Experiences

By Karl Kern, Founder/President, Kern Analytics LLC

This blog post  addresses the acquisition of FP&A skills.

People who want to become financial planning and analysis (FP&A) practitioners obtain advice on how to achieve this goal.  One piece of advice is to acquire education by taking courses in subjects like accounting, economics, and finance.  Another piece of advice is to acquire experience by working in companies that have specialized FP&A departments.  These pieces of advice are examples of traditional paths to follow. 

Three Critical Roles for Every FP&A Team

by Mark Gandy, Outsourced CFO, Principal at G3CFO

I read with fascination the interview  between GTNews and Larysa Melnychuk, Managing Director at FP&A Trends group, regarding the global name recognition of ‘FP&A.’

As the term ‘FP&A’ gains traction well beyond North America, how about the roles supporting the FP&A function? Are those roles edged in stone? I’m not sure. Accordingly, I’d like to suggest 3 defining and critical roles for every FP&A team.

 

Mark Gandy is a long-time outsourced CFO who enjoys practicing the art and science of FP&A across his client base. When he has time, he also writes on his own blog at G3CFO.com.

Pages