FP&A Teams

Dubai FP&A Board Meeting on 15th February 2017

By Larysa Melnychuk, Managing Director at FP&A Trends group

The second meeting of the Dubai FP&A Board, launched in October 2016, took place at the stunning InterContinental Dubai Marina on 15th February 2017. 
The mission of the International FP&A Board is to guide the development and promotion of best practices in global FP&A, identify and support new trends, skillsets and innovations. Almost 30 FP&A professionals from such international and local Middle Eastern companies as Abu Dhabi Ship Building, Al Jaber Group, Applus, Barclays Bank, Colas, Emirates NBD, Landmark, Panalpina, Siemens, TGI Group, to name but a few, gathered to discuss an essential subject of FP&A Business Partnering.

The Qualities of FP&A Practitioners

By Karl Kern, Founder/President, Kern Analytics LLC

A definition of quality is “a distinctive characteristic possessed by someone.”  The work of FP&A practitioners focuses on thinking and learning about how financial activities – earning revenues, incurring costs, generating cash flows – affect organizations.  The thinking and learning about this relationship require a mindset that creates results.  

Ten Key Considerations for Effective FP&A Communication

By Simone da Silva Collins, Finance Manager, Polycom

Communication is a key soft skill that FP&A professionals should master. Getting it right the first time enables FP&A professionals to be more effective and efficient. Effective communication enhances their integrity and credibility.
Communication is a two way process.  This sounds a cliché but it is true. Communication is not a monologue, even when you are using the written form as I am here. There is the sender and the receiver of the message.

Simone da Silva Collins is an FP&A professional working in Polycom, an industry leader in unified collaboration solutions.

She provides business partnering to various departments of Polycom in EMEA. She was previously the Group Finance Analyst supporting the Executive Team at Intec (now part of CSG), a provider of Business Support System (BSS) software and related services, primarily for the telecommunications industry. She also worked for Telewest (now part of Virgin Media) for over 7 years providing commercial and financial support to the Interconnect team.

Simone is originally from Macau in SE Asia. She gained her Masters at Manchester Business School. She has also recently achieved FP&A accreditation.

Three Critical Roles for Every FP&A Team

by Mark Gandy, Outsourced CFO, Principal at G3CFO

I read with fascination the interview  between GTNews and Larysa Melnychuk, Managing Director at FP&A Trends group, regarding the global name recognition of ‘FP&A.’

As the term ‘FP&A’ gains traction well beyond North America, how about the roles supporting the FP&A function? Are those roles edged in stone? I’m not sure. Accordingly, I’d like to suggest 3 defining and critical roles for every FP&A team.

 

Mark Gandy is a long-time outsourced CFO who enjoys practicing the art and science of FP&A across his client base. When he has time, he also writes on his own blog at G3CFO.com.

FP&A Business Partnering

by Antony Parker, AECOM

Introduction

One important skill finance professionals are never taught during their formal education is the power of personal engagement with operations and using these relationships to deliver bottom line value. There is too much focus on models, processes, procedures and systems without regard to the fact that all these have to be developed, operated and interpreted by people.

I never cease to  be amazed by the number of job ads that contain the title “Business Partner” without the candidate or employer knowing what the term means or understanding the behaviors and competencies  associated with effective business partnering. Many organizations also fail to understand the powerful linkage between partnering and organization performance.  They simply see business partnering as an attempt to convince themselves that by  following latest trends the organization will achieve success.

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