Finance Business Partnering is not a new concept to the many who have been doing it for years. What is new is that it has recently been given a new exciting title, and with that comes the fear that accountants and finance professionals need to be doing something new and in addition to their current duties. And that they need to find time for it.
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Finance staff should find Logos the easiest dimension to work with. As opposed to sales who may use only a small part of the whole facts to support their story.
One of the biggest transformations in the finance departments recently, has been the shift for an Accountant to move from a compliance and governance based individual, to an insight driven value added business partner. In the past, accountants could get by doing monthly reporting, statutory accounts and tax returns and justify their role within an organisation.
Are you an FP&A professional who likes to operate in the detail or do you prefer to see things at a high level? Are you a perfectionist or is near enough good enough? The former is a common interview question for FP&A roles, the latter well I guess we would all like to think we are perfect.