The ARGroup of Search Companies’ Post

FP&A is not hard:

The longer you work in FP&A, the more you realise that it’s better justified as Business ENABLING function over the much perceived notion of it being Business SUPPORTING function 💼 It has always been at the forefront of: >> Enabling strategic decisions through valuable insights 💡 >> Enabling competitiveness through conscious pricing 💸 >> Enabling realistic goal setting through planning and forecasting 📊 >> Enabling agility through scenario planning and testing 🧮 >> Enabling delivery excellence through internal controls and checks ✅ >> Enabling value creation through cross-collaboration 💰 And I take pride in being a part of this ever-enabling, ever-evolving function 💯 How have you contributed to enabling business? Comments are welcome.. #financeforgood #fpna #valuecreation #financecommunity

3 Critical Phases of Finance Transformation The role of FP&A is evolving with advancements in people processes and FP&A technology. Three phases characterize the evolution: 1.    Reactive 2.    Proactive 3.    Optimized   3-step process (plan) for customer ease As companies progress through this lifecycle, finance teams can have new opportunities to provide enhanced value to the business. Today most companies exist in phase 1 or 2. They should prioritize the move to Phase 3 because the competitive benefits are critical. Finance teams in Phase 3 are change agents of innovation growth, value creation, and wealth building because they optimize business collaboration and agility across all possible avenues. Increase your cash flow, profit, and equity by 10%. We do it all day long. Mike Chonka My mission is to get knowledge from the people who have it to the people who need it.  cell (928) 710-1463 mikechonka@gmail.com   https://lnkd.in/edTzR8q www.dcisolutions.net https://lnkd.in/eDQR6qd

FP&A is a challenging role that comes with its fair share of pressure and setbacks. Deadlines loom, and the workload seems endless. Each mistake can feel like a blow to confidence. But in the face of failure, resilience is built, attention to detail is sharpened, and the ability to anticipate challenges is honed. Success in FP&A goes beyond numbers. It's about grasping the bigger picture, effective communication, and adaptability. Despite the hurdles, there's satisfaction in contributing to a company's financial health. Although tough, the FP&A role is critical. It refines analytical skills, sharpens strategic thinking, and positions you as a key player in decision-making processes. If you're in FP&A and feeling overwhelmed, remember, you're not alone. Stay strong and keep pushing forward! #fpa #finance

When is it a good idea to implement an FP&A Tool? 🤔 Join the Finance and Technology Professionals Group if you are a Finance Professional and want to upskill in Technology. Link in the comments!! #FP&A #EPM #FinanceandTechnologyProfessionals

Do you consider FP&A merely a support function? It's much more than that. When executed effectively, FP&A can significantly enhance your cash flow and returns. How, you might wonder? While FP&A professionals may not directly generate sales, they possess the expertise to uncover 'hidden money' within your business. 'Hidden money' can take various forms, such as underutilized assets, excessive inventory due to poor planning, unnecessary costs or overspending, inefficient investments, aged accounts receivables from suboptimal collection processes, unclaimed tax benefits, and the waste of raw materials and resources. By leveraging analytical skills, FP&A teams can identify these inefficiencies. Implementing their recommendations can lead to substantial improvements, helping your business recover this 'hidden money' and improving your bottom line. #finance #fpna

How often do we measure our own performance in FP&A? Who, not just What Gets Measured. In this short highlight clip from my intervew with Andrew Codd, he dives into the crucial topic of self-assessment within finance teams. A link to the clip is in the comments. In a world that never stops changing, it's not just about keeping pace, but ensuring every team member is aligned and moving in the same direction. Discover simple yet effective ways to gauge success and foster a united, engaged finance team. Ready to transform your approach and fast-track your FP&A career with more insights? Click to subscribe now: https://lnkd.in/eRweABZM #FPandA #CareerGrowth #TeamEngagement #SuccessMeasurement

This is what #fpna is truly about in a short executive summary!

Why should you consider hiring a fractional CFO? 𝗖𝗼𝗺𝗽𝗹𝗶𝗮𝗻𝗰𝗲 𝗮𝗻𝗱 𝗥𝗶𝘀𝗸 𝗠𝗮𝗻𝗮𝗴𝗲𝗺𝗲𝗻𝘁 Fractional CFOs are well-versed in financial regulations and can help ensure the company complies with tax laws, accounting standards, and reporting requirements. They can also identify and manage financial risks effectively. #powerCFO #fractionalCFO #CFO #Support #Expertise

The secret weapon to mastering business early in your career Financial Planning and Analysis (FP&A) is a hidden gem of a career path for those who want to master business early on. FP&A professionals play a critical role in any organization, helping business leaders make informed decisions by providing insights and recommendations based on financial modeling and analysis. One of the biggest perks of working in FP&A is the opportunity to learn about all aspects of a business. You'll get to work with cross-functional teams to understand the company's goals, strategies, and challenges. You'll also develop a deep understanding of financial metrics and how to use them to track performance and identify areas for improvement. Another great thing about FP&A is that it's a relatively low-pressure environment. While you'll be expected to produce high-quality work, you won't be directly accountable for the results of the business. This gives you the freedom to objectively evaluate the business and provide honest feedback to leaders. If you're ambitious and eager to learn, FP&A is a great career path to consider. It's a challenging but rewarding role that will give you the skills and knowledge you need to succeed in business. Are you interested in learning more about FP&A? Share your thoughts and questions in the comments below! #fpacareer #fpa