Does a career purely in finance hinder your ability to be a senior finance leader? Making sideways movements such as becoming a project manager which still has a massive link back into finance, or moving to a strategy department which requires an understanding of the financial implications of company’s strategy can be beneficial.
FP&A Insights
FP&A Insights is a collection of useful case studies from leading international companies and thought leadership insights from FP&A experts. We aim to help you keep track of the best practices in modern FP&A, recognise changes in the ever-evolving world of financial planning and analysis and be well equipped to deal with them.
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What are the fundamental attributes of somebody in a finance manager role and what makes a good finance manager, and for that matter a good finance team?
Tools and processes used by finance and FP&A (commercial management, billing, accounting, operational statistics, competitive intelligence, planning, budget, forecast, variance analysis, reporting) needs to be customized in order to achieve both efficiency and relevance. There is nothing like on the shelf tools.
By Thorsteinn Siglaugsson, Consultant / Corporate trainer / Manager
Traditional budgeting has for a long time been criticized for encouraging counterproductive behaviour, hindering growth and wasting time on useless exercises. In recent years, the Beyond Budgeting methodology has gained ground as an alternative.