Learn more from Western Power’s Head of Business Planning and Reporting about why you always need to invest in employees' skills. 

By designing activities that lead to scale, we can achieve the necessary returns to capital and simultaneously create re-investment in the business that results in more fantastic career paths for employees. Financial planning and analysis professionals need to understand scaling to help with strategic recommendations to leaders.

In this series of 9 blogs, we will be looking at a number of areas that FP&A departments must address if they are to add value to the organisations they serve in this technology-driven age. This blog covers the role of the FP&A Analyst.

As FP&A leaders, we need to enable our teams to find time and opportunities to develop their ability to craft the story, create business relationships and be comfortable eliciting their feedback. It will take time, but it is time well spent.

One of the largest privately owned companies in the world, Cargill’s FP&A journey started around 6 years ago. But, as the company’s Global Finance Director – Cocoa and Chocolate emphasises in a short video, this journey never really ends.

For anyone unfamiliar, a financial model is a tool used to reflect the economics of a business scenario that can be used to track, monitor, and predict a company's financial performance. Financial modelling is a critical skill for all finance professionals as it teaches them the business and the critical business cause-and-effect drivers.