The London FP&A Board met on 20 April 2023 for the 30th meeting since its establishment. The FP&A Board Members discussed practical considerations for effective FP&A Storytelling, focusing on the building blocks of the narrative, visualisation and data.
Wai Yee Tsang
Wai Yee is a Senior FP&A Consultant with over 15 years of FP&A experience across asset management and other financial services, including Blackrock, Invesco and Barclays.
She works with Executive Committees to deliver strategic change and transformation, including providing financial insights and modelling on new divisions, products, profitability and benchmarking. Her experience ranges broadly across organisational change, restructuring, acquisitions and revamping of budgeting/forecasting processes in rapidly changing environments.
She is increasingly involved in building and leading new FP&A teams, mentoring and training teams to enhance business partnering capabilities, strategic engagement with the business and influencing change.
Author's Articles
FP&A Transformation has been taking place for some time, with teams moving from the Traditional FP&A Model to the extended FP&A (xP&A) Model. This represents a move from scheduled to on-demand planning, from one scenario to multiple scenarios and from finance to entire company planning.
Every FP&A professional has an active role to play in business partnering, supporting the leadership team to aid decision making. To enable this, the FP&A team must be positioned to inform the future impact of decisions that are being made now. This requires understanding what the company’s strategy is, where the company is heading, what part your business unit/function play to get there and what are the KPIs on which they are being measured.