The way a company FP&A suite is organised (i.e. its setup) covers the way data are organised and analysed, the way the reporting and the forecasting are produced and performances are measured. What will qualify as the best FP&A set up? How will it be accepted by the company?
The role of FP&A is becoming more important than ever. FP&A is seen as instrumental in helping organisation formulate strategy and drive performance. However, how does FP&A function go about building its brand?
Many certifications and schooling opportunities exist for upgrading our FP&A abilities, and these opportunities continue to increase. We will focus on some of the formal programs and degrees available that allow one to upskills their abilities and demonstrate a Growth Mindset”. Listed below are some of the different educational opportunities available today that can help us upskill ourselves as we strive to become better FP&A practitioners.
The essence of the FP&A role is about helping to enhance the decision quality of the organisation. It measures this by reporting on, analysing and planning for the financial performance of the organisation. And it does this by partnering effectively with the business. This article focuses on the HOW FP&A practitioners could approach their work.
The Millennial generation, which continues to make up a larger and larger percentage of the workforce, will change the way FP&A hiring takes place and the way we manage our finance talent. The article will demystify Millennials and explain how the FP&A profession must change to attract top talent.
How do we change this view that is prevalent in several stakeholders across businesses?