5 things that’ll make you a better FP&A Professional after joining our Masterclass with Jack Alexander
This year, we were proud to launch the first instalment of our exclusive Masterclass series with CFO turned advisor, author, and business coach, Jack Alexander.
FP&A is getting a major makeover. Rather than just pumping out quarterly reports and other finance formalities, CFOs and finance professionals are expected to take on far more strategic roles at their organisations.
When I started my finance career over 15 years ago, the role of CFOs and finance professionals was purely accounting orientated.
Companies are realising the huge potential of FP&A. Rather than thinking of financial planning and analytics as a financial support function, companies have made it their top priority to use FP&A to drive real value and growth.
Digitalisation is a hot topic. Not only does it promise to streamline tedious and time-consuming FP&A processes, but it could also pave the way for CFOs like you to trade in their accounting hats and instead serve the role of active business strategists.
At Apliqo, we’re very focused on the changing role of CFOs and FP&A. And while making reliable projections about a company’s performance has long been a key responsibility of finance executives and their teams, these projections are now more important than ever and need the collaboration of the whole organisation.
In my 15+ years of FP&A experience, I’ve seen the role of CFOs and finance teams change profoundly.
Speak Up! Understanding The Importance of Communication and Presenting For CFOs and Their Finance Teams
When I first entered the world of FP&A roughly 15 years ago, the role of a CFO seemed pretty simple. In essence, it entailed keeping the books straight, reporting on your company’s finances, and minimizing risk.
2020 was a challenging year in many aspects. For businesses, it was the year that drove home John Allen Paullos’ famous quote and reaffirmed the importance of the role of the CFO.
Many of the statistical tools taught at finance schools are underutilized in the workplace. However, many of these tools can help underline business issues, trends, and opportunities for improvement.