If you’re building an FP&A team, I have one request. Please don’t start with the org chart. I know it’s tempting. CFO at the top. VP of FP&A underneath. Director. Manager. Senior Analyst. Analyst. Look at that. We have a department. We haven’t figured out what any of these people are doing yet, but the […]
I don’t think a company wakes up one morning and suddenly needs FP&A. There usually isn’t a ceremony. Nobody cuts a ribbon. What happens instead is that the CEO asks a question that used to take ten minutes to answer, and three days later Finance is still working on it. Someone wants to know what […]
I have a strong opinion about building an FP&A function from scratch: Don’t start by hiring FP&A people. I realize this is an inconvenient opening for an article about building an FP&A function. But I’ve seen companies decide they need FP&A and immediately jump to the org chart. We need a Director. Maybe two analysts. […]
It started, as most modern corporate absurdities do, with a single sentence in a leadership Slack thread: “Do we really need Excel for this?” Cue the floodgates. Someone (from Marketing, naturally) posted a Medium think piece on how “spreadsheets are a relic of the past.” Someone else chimed in about their nephew using Notion for […]
FP&A consulting, forecasting, accounting support and finance strategy for CFOs and growing finance teams.