Dear colleagues,

“Coming together is a beginning. Keeping together is progress. Working together is success.” – Henry Ford

Building best-in-class FP&A teams is one of the most discussed topics at our International FP&A Board meetings, having been explored in 17 of our 33 chapters globally. Across all these cities, one thing is clear: developing a successful team goes beyond technical skills—it’s about harmonising diverse talents to deliver true business value.

In this issue, we continue to focus on this critical topic. You’ll find insights on balancing skills, overcoming business challenges, and the essential pillars of team structure. These practical strategies from experienced finance leaders will help you enhance your team’s performance.

I hope you find these resources valuable. Enjoy the read!

Best regards,

Larysa Melnychuk, CEO and Founder
FP&A Trends Group & International FP&A Board

By Connagh Hopkins, Head of Business Planning and Reporting at Western Power, Perth FP&A Board Ambassador

The real challenge in building a high-performing FP&A team isn't just in hiring top talent—it’s in creating the right blend of skills, personalities, and perspectives. It’s about finding the right balance of analytical thinkers, creative problem-solvers, and strong communicators to drive value and deliver impactful insights across the organisation.

Read this article where the author shares her first-hand experience of transforming an FP&A team into a cohesive unit, revealing practical insights on balancing diverse skills and personalities for greater effectiveness.

By Garrett Dennie, CFO at Knix

FP&A professionals often wear many hats, but what happens when business challenges push them to redefine their roles? In times of crisis, the expectations on finance teams go beyond crunching numbers—they are called upon to guide strategy and navigate through uncertainty. This evolution demands the development of new skills and the ability to adapt to different situations, making FP&A professionals more versatile and valuable.

Read this article, where the author shares insights from his journey in developing diverse FP&A personalities, highlighting importance of adaptability in driving business success.

By Mohamed El-Rouby, Global Finance Lead and CFO at Pharmanovia

Is your FP&A team built to last, or is it struggling to keep pace with changing demands? Success depends on having a solid framework that empowers your team to handle complexity and drive meaningful insights. With the right structure and guiding principles, your FP&A function can adapt to any challenge while driving strategic value for the organisation.

Read this article to discover the five key pillars that will help you create a future-proof FP&A team, capable of evolving with the needs of the business.

By Tiffany Little, Global Reporting Manager at City Electric

A well-rounded FP&A team relies on a diverse mix of skills and functions for lasting success. However, each FP&A journey is unique, and there is no single path to follow. As business needs to evolve, so do the critical roles within FP&A, requiring teams to adapt and shift their focus.

In this video, you’ll follow the real-world journey of an FP&A team that evolved from using spreadsheets to incorporating Data Scientists and Analysts, enabling them to meet the growing demands of their business more effectively.

FP&A Trends digital events are vendor-agnostic and complimentary. If you are not able to join the live session, you can register to receive the recording later.

23 October 2024

In today's data-driven world, the difference between ordinary financial reports and impactful business insights lies in the power of FP&A Storytelling. Imagine being able to transform complex data into compelling narratives that not only inform but inspire strategic decision-making and drive business success. This is the new frontier of Financial Planning & Analysis.

Register for this webinar to explore the Vitality Insurance Case Study, where we will unlock the power of FP&A Storytelling.

6 November 2024

For FP&A professionals, the ability to interpret data quickly and turn it into strategic decisions can make all the difference. In an increasingly data-heavy environment, the challenge is not just in analyzing the data but in making it understandable and actionable for all stakeholders. This is where data visualization becomes a powerful tool.

Register for this webinar to learn cutting-edge data visualization strategies that enhance FP&A effectiveness.

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