What are the key features of a successful FP&A professional? What are the roles of an FP&A team? How do you achieve team synergy? These are the topics that were discussed at the recent FP&A Board meeting in Kuala Lumpur which was sponsored by Michael Page and AFP.
Many commercial finance or FP&A professionals focus on getting the model right and not enough time considering the how people are going to react to the outcome. This blog sets out a few tips to navigate the politics. In the words of Oscar Wilde ‘The truth is rarely pure and never simple’.
One of the most damaging management practices in business today is the individual bonus – “do this and get that”, a practice that now has also found its way into the public sector
As financial professionals we Financial Planning and Analysis (FP&A) professionals spend a lot of timing learning - learning the basics of accounting and finance, learning the business and learning about the impacts business decisions have on budgets and forecasts.
FP&A has an impact on the organisational structure, enhanced by the possibilities of new technologies. Where previously companies are classified as having a centralised, decentralised or matrix structure, the future promises to be less clear, more diverse yet potentially very agile!
Each function has strategic insight that can benefit senior management with their unique perspective. While this is true, there are only so many seats at the table, and each organization functions differently.