Sarah Schlott
  • Home
  • About
  • Services
    • FP&A Consulting
      • Forecasting & Planning
      • Scenario Modeling
      • Management Reporting
      • Cash Forecasting
      • FP&A Systems & Processes
      • Variance Analysis
      • KPI Dashboards
      • Board Reporting
      • FP&A for PE-Backed Companies
    • Accounting Services
      • Bookkeeping Support
      • Month-End Close
      • Financial Statements
      • Accounts Payable
      • Accounts Receivable
      • Accounting Cleanup
  • FP&A Resources
    • FP&A Library
    • Tools & Templates
    • Blog
  • Contact
  • Click to open the search input field Click to open the search input field Search
  • Menu Menu
Finance, FP&A

One Thing I’d Change About How Finance Functions Are Structured Today

I’ll say it: most finance teams are built to report on the business, not to drive it.

That’s the one thing I’d change.

Too many functions are still structured like it’s 2003—hierarchies built to deliver variance reports and close books, not to influence what actually happens next.

I’ve worked inside these teams. I’ve consulted for them. And here’s what happens:

  • The monthly close gets faster—but no one knows what’s driving the numbers.
  • The dashboards get flashier—but the models don’t drive decisions.
  • The headcount grows—but the impact doesn’t.

The result? A finance function that’s technically sound and strategically irrelevant.

It doesn’t have to be that way. In fact, the best CFOs I work with are already rebuilding their functions—from reporting centers into operating partners.

Here’s what I’d change—and how to do it.

The Problem: Reporting-Centric Structures Kill Agility

Most finance orgs today are built around this flow:

Stage Owner Goal
Data collection Accounting Accurate close
Reporting FP&A analysts Timely variance reports
Board prep CFO/Controller Align board metrics
Insights ??? (no owner) Often missing or ad hoc
Action Business leads Disconnected from Finance

You see the gap, right?

Insights and action are afterthoughts.

Everyone’s busy closing books and building decks. But no one owns connecting the numbers to decisions.

That’s the structural flaw I’d fix first.

The Shift: From Reporting Factory to Decision Support Engine

If I were designing a modern finance org from scratch, here’s how I’d structure it:

Team/Function Primary Mission
Core Accounting Accurate, timely close
Data Engineering Clean, automated data pipelines
FP&A Analysts Business modeling + scenario design
Finance Business Partners Drive insights into decisions
CFO Strategic leadership + alignment

The key shift? Finance Business Partners as core operators—not reporting clerks.

Why It Matters: The Speed of Business Has Changed

When leadership needs to pivot:

  • Pricing model breaks?
  • Churn spikes?
  • New geo opens?
  • COGS shifts?

They can’t wait for a quarterly variance review.

They need Finance in the room before decisions get made—running scenarios, stress-testing assumptions, pressure-testing plans.

And that requires a structure built for it.

Practical Tips for Building a Modern Finance Org

Here’s what I’ve seen work in the best finance teams I’ve worked with and consulted for:

1. Split Reporting vs. Decision Support

  • Create clear swim lanes.
  • Reporting team owns accuracy + timeliness.
  • Business partners own insights + decision support.

Why: Different muscles. Different mindsets.

A quick story: One client had a talented FP&A analyst who built gorgeous decks. But they kept getting sidelined in pricing discussions. Why? Because leadership saw them as a “reporting resource.” We restructured. Moved them into the business partnering team. Within one quarter, they were leading pricing scenario discussions—not just reporting on them. One shift in role framing changed their strategic impact.

2. Build Data Pipelines That Scale

  • Invest in Power Query or BI tools early.
  • Automate routine data prep.
  • Free analysts to model, not clean data.

Why: Analysts stuck in spreadsheet purgatory can’t be strategic.

3. Push Finance Closer to Operators

  • Embed business partners with key leaders.
  • Have them attend product, marketing, sales reviews.
  • Tie their performance to business outcomes, not just reporting deadlines.

Why: Proximity = relevance.

4. Train Analysts to Think Like Operators

  • Teach them to ask: “So what?” and “Now what?”
  • Focus on implications and options, not just accuracy.

Why: CFOs don’t promote number crunchers. They promote decision influencers.

5. Invest in Modeling as a Core Skill

  • Build a modeling academy internally.
  • Focus on Excel and business modeling.
  • Teach dynamic scenario planning.

Why: Fast, flexible modeling is what makes Finance indispensable.

One Example: A $75M SaaS Company I Worked With

They had a classic reporting factory. Strong FP&A team—but stuck in the variance-reporting cycle.

Revenue growth had plateaued. Board was frustrated.

We restructured:

  • Split reporting vs. decision support teams.
  • Embedded Finance partners with product and GTM.
  • Automated core data prep.
  • Trained analysts to drive scenario modeling.

Result? Within two quarters:

  • Time-to-insight dropped by 70%.
  • Finance became the first team product called when exploring pricing changes.
  • Board feedback shifted: “Finance is driving strategy now.”

Why CFOs and Operators Should Act Now

Here’s the risk: If your Finance team is structured like it’s 2003, your operators will build their own shadow models.

That’s how trust erodes. That’s how Finance gets sidelined.

The opportunity? Build Finance as a decision support engine:

  • Trusted.
  • Fast.
  • Embedded.
  • Forward-looking.

That’s the model that wins boardrooms today.

Design for Impact, Not Just Accuracy

I wrote this because I see too many Finance teams trapped in old structures—and burning out good people trying to keep up.

It doesn’t have to be that way.

You can build a Finance org that’s:

  • More accurate.
  • More agile.
  • More trusted.
  • More impactful.

But it takes conscious design.

If this article gave you new ways to think about your Finance function, please share it. I put real time into this because I want more CFOs and operators building modern, trusted, strategic Finance teams—not just faster reporting factories.

And if you want to go deeper—whether it’s building a better Finance org, sharpening your team’s modeling game, or scaling your own career impact—I offer 1:1 consulting for Finance pros ready to level up. DM me if you want to talk.

And here’s one last question: If your operators are building their own models—why aren’t they calling Finance first?

If they’re not—it’s time to change that. Now.

 

June 3, 2025/1 Comment/by Sarah Schlott
Tags: Boardrooms / board, CFO, Data pipelines, Decision support, Finance business partner, Finance function, FP&A analysts, Operators, Scenario modeling, strategic finance
Share this entry
  • Facebook Facebook Share on Facebook
  • X-twitter X-twitter Share on X
  • Linkedin Linkedin Share on LinkedIn
  • Reddit Reddit Share on Reddit
  • Mail Mail Share by Mail
https://sarahgschlott.com/wp-content/uploads/2025/05/pexels-lexovertoom-1109543-1-1.jpg 800 1200 Sarah Schlott https://sarahgschlott.com/wp-content/uploads/2026/08/icon-10c-two-blob-light_clearspace-300x300.png Sarah Schlott2025-06-03 20:36:052026-10-02 09:04:56One Thing I’d Change About How Finance Functions Are Structured Today
You might also like
2025: How FP&A Teams Are Winning the Seat at the Strategic Table
How to Keep Your Forecasts Alive Beyond Q1
Excel Is Dead: FP&A Team Now Builds Models in PowerPoint
FP&A software planning and evaluation FP&A Software: When Does Your Finance Team Actually Need It?
Scenario Planning in Uncertain Times: A Practical Framework
Designing Your Finance Operating System: The Hidden Lever Behind High-Performance Companies
1 reply
  1. Sarah Schlott
    Sarah Schlott says:
    October 2, 2026 at 12:35 pm

    If you could change one thing about how Finance teams are structured, what would it be?

    Reply

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Join the Discussion Cancel reply

What do you think? No account or email required.

Latest Posts

  • Contractor+ Is Growing. I’m More Interested in What the Cash Has to Do Next.
  • Private Colleges Have a Revenue Problem That Looks Familiar
  • The Orlando Housing Story I’m Watching Isn’t Home Prices. It’s Household Pressure.
  • Bookkeeping vs. Accounting: What Does Your Business Actually Need?
  • The 2,232-Acre Osceola Data Center Story Needs One Important Asterisk
  • Orlando Tourism Doesn’t Get to Coast on Being Orlando
  • Statusphere Just Made a Very Physical Bet on Scaling Software
  • A $103 Million Orlando Industrial Deal Says More Than the Price Tag
  • How Much Do Accounting Services Cost in Orlando?
  • Carvana Is Adding 100 Orlando-Area Jobs. The Number I’m Watching Is What Comes Next.
  • Accounting Services in Orlando: What Should a Growing Business Actually Expect?
  • The FP&A Calendar: Build a Finance Rhythm That Leaves Time to Think
  • How Often Should You Update a Financial Forecast?
  • Capital Expenditure Forecasting: The Annual CapEx Number Is Not the Forecast
  • Gross Margin Forecasting: Revenue Can Be Right and the Economics Still Be Wrong
  • Forecast Assumptions: The Model Should Remember What Changed
  • Working Capital Forecasting: Why the P&L Can Be Right and Cash Still Be Wrong
  • Operating Expense Forecasting: Stop Treating Every Cost the Same
  • Month-End Close and FP&A: When Are the Actuals Actually Ready?
  • Ad Hoc Reporting in FP&A: When the Same Quick Question Keeps Coming Back
  • Headcount Forecasting: Why Approved Hires Keep Breaking the Plan
  • Management Reporting Pack: What CFOs Actually Need Every Month
  • Budget Variance Analysis: How FP&A Finds What Actually Matters
  • FP&A Software vs. Excel: When Has Finance Actually Outgrown Spreadsheets?
  • What Is FP&A? A Practical Guide to Financial Planning & Analysis
  • FP&A Software: When Does Your Finance Team Actually Need It?
  • Driver-Based Forecasting: How to Find the Right Business Drivers
  • Financial Forecasting Methods: How to Choose the Right One
  • Financial Scenario Planning: How FP&A Can Build Scenarios That Actually Help Management
  • AI Agents in Finance: What Should CFOs Actually Let Them Do?

Sarah Schlott

FP&A consulting, forecasting, accounting support and finance strategy for CFOs and growing finance teams.

Work With Sarah →

FP&A

FP&A ConsultingForecasting & PlanningScenario Modeling & Decision SupportManagement ReportingCash ForecastingFP&A Function & Finance SystemsVariance AnalysisKPI DashboardsBoard ReportingFP&A for PE-Backed CompaniesOrlando FP&A Consulting

Accounting

Accounting ServicesAccounting & Bookkeeping SupportMonth-End Close & Financial ReportingFinancial Statements & ReportingAccounts Payable SupportAccounts Receivable SupportAccounting Cleanup & Catch-UpOrlando Accounting Services
© Copyright - Sarah Schlott
Link to: Avoiding Hidden Risks: Data Integrity Best Practices with Excel Power Query Link to: Avoiding Hidden Risks: Data Integrity Best Practices with Excel Power Query Avoiding Hidden Risks: Data Integrity Best Practices with Excel Power Query Link to: How a 120-Year-Old Company Unlocked Forecasting Value Link to: How a 120-Year-Old Company Unlocked Forecasting Value How a 120-Year-Old Company Unlocked Forecasting Value
Scroll to top Scroll to top Scroll to top