Judy Chavez’s Post

Looking to grow your FP&A career to Manager and beyond? 3 things you need to be aware of: 1. Developing next level skills 2. FP&A best practices 3. Be the obvious choice And success usually looks different from what makes you a great analyst.

Transforming FP&A is the path to strategic excellence 🚀 In today’s dynamic business environment, FP&A professionals are transitioning from their conventional responsibilities to more strategic, value-adding activities. This shift is driven by the imperative for businesses to make informed decisions quickly and accurately. To achieve this, FP&A functions must undergo transformation by integrating advanced technologies and analytics. By leveraging these tools, FP&A teams can provide deeper insights and more accurate forecasts, ultimately driving better business outcomes. The continuous evolution of FP&A means that professionals in this field must be adaptable and willing to embrace new methodologies and technologies. This ongoing transformation presents exciting career opportunities for those who are ready to innovate and lead. #FinanceTransformation #BusinessStrategy #Analytics #Technology #ContinuousImprovement

FP&A has the potential to be the most value-added function in an organization. To be an effective strategic partner, FP&A professionals must aggregate and synthesize data, likely from multiple systems, and prepare it for analysis and reporting. Purpose built tools expedite the process, freeing up capacity for more meaningful analysis, and offering budget owners and executives actionable insights. https://lnkd.in/eAqgZxTk #analysis #corporatefinance

#CareersOnTheMove #joblisting #tuesdaymotivation Want to make a successful #career move? Be part of our #successstory. We have built the industry leaders for more than 20 years with a solid track record of top performers. #jobs #careers #finance #valuation #alternativeinvestments #financialreporting #mergersandacquisitions #business #success #careergoals

On my way into the office today, I read an article that was posted to a FP&A site that I follow. The article highlighted how we as FP&A professionals need to sharpen our soft skills. All to often, FP&A has been focused on hard skills and have spent little to no time on developing soft skills. We as FP&A professionals need to consider between transactional vs relational relationships that we have with our stakeholders. In taking the transactional path, we will not get far and will only be looked at as a person who only “wants” something from someone…. This is definitely NOT someone that anyone should aspire to be! On the flip side, if we consider a relational mentality, we will further enhance our relationships with our stakeholders. We will no longer be viewed as that annoying being that only comes when we need something. We will instead forge relationships that are give/take and ones that are at a more personal level. By personal level, I mean getting to know each others interest, outside of work. This will further deepen our relationships with our stakeholders, and will form a stronger relationship. All of this being genuine of course! This all being said, let’s all focus on relational relationships! The difference will NOT disappoint!

The Artistry of FP&A - Where Finance Meets Creativity In the realm of finance, FP&A professionals stand out not just as analysts, but as true artists. With each financial forecast, they paint possibilities of the future, blending data with creative insight to craft compelling narratives. These narratives inform strategic decisions, turning numbers into stories that drive business forward. At the core of FP&A lies the ability to forecast future outcomes based on current and historical data. This task, while seemingly straightforward, requires an immense degree of creativity. FP&A professionals paint scenarios of the future using the brushstrokes of data analysis, economic trends, and business insights. Like artists selecting colors for a palette, they choose the right mix of conservative estimates and bold projections to craft a picture that persuades and informs. The true artistry in FP&A is evident in the storytelling. Financial data alone is just numbers on a page. FP&A professionals bring this data to life, turning it into a narrative that speaks to stakeholders with clarity and impact. They craft stories that navigate through complexities of market conditions, strategic decisions, and operational adjustments, making the abstract tangible and actionable. Recognizing the artistry in financial analysis enriches our understanding and appreciation of this field, highlighting the unique blend of skills that FP&A professionals bring to the table. #Finance #FinancialPlanning #BusinessArtistry #CreativityInFinance

🚀 FP&A Trends in 2024: What's Shaping the Future of Finance? 🚀 As FP&A teams face growing pressure to deliver accurate forecasts faster, the biggest challenges we're seeing in 2024 revolve around data integration and model efficiency. 🔄 Many organizations are still struggling with disconnected data sources, leading to time-consuming manual processes. At FP&A Strategy Consulting, we’ve helped numerous companies optimize their financial models, cut licensing costs and improve efficiency by 45%. The key? A financial model health check to streamline operations and boost user adoption. Curious about how your team can reduce time spent on low-value tasks and focus on strategic decision-making? Let’s connect! 💡

Navigating the complexities of a matrix organization can be a real challenge, especially when it comes to tracking where revenue and costs are allocated. As FP&A professionals, we often find ourselves untangling webs of data and following complex trails. Here’s a light-hearted take on our daily adventures: Why did the FP&A analyst feel like a detective in a matrix organization? Because finding where the revenue and cost for an associate go always leads to another mystery! 😅 #MatrixMysteries #FPnA #CostClues #finance

Just Promoted to FP&A? Level Up Your Role from Number Cruncher to Strategic Partner You've recently been promoted to an FP&A role—congratulations! You’ve already proven your skills in financial analysis and reporting. Now, it’s time to elevate your role and become a strategic partner to the business. Transitioning from a technical role to a strategic one requires a shift in perspective. While financial expertise is essential, you’ll need to develop a broader viewpoint and focus on the big picture. Here are some tips to help you succeed: Understand the Business: Dig deeper into the operations, market dynamics, and strategic goals. Think Long-Term: Align your financial plans with the company’s long-term vision. Embrace Data-Driven Decision Making: Leverage data analytics to uncover insights and inform strategic choices. Build Strong Relationships: Collaborate closely with other departments to understand their needs and challenges. Communicate Effectively: Present financial information in a clear and concise manner, tailored to different audiences. By adopting a strategic mindset and developing strong leadership skills, you can enhance your role as an FP&A professional and drive significant value for your organization. Let’s connect if you’re ready to take your career to the next level. —————————————- 📥 𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐘𝐨𝐮𝐫 𝐂𝐨𝐩𝐲: Download my work in PDF format by visiting my profile and clicking (𝐀𝐜𝐜𝐞𝐬𝐬 𝐦𝐲 𝐅𝐏&𝐀 𝐫𝐞𝐬𝐨𝐮𝐫𝐜𝐞𝐬). Your journey toward financial excellence begins. —————————————- 🤝 𝐓𝐡𝐢𝐬 𝐢𝐬 𝐡𝐨𝐰 𝐲𝐨𝐮 𝐜𝐚𝐧 𝐡𝐞𝐥𝐩 𝐦𝐞 𝐜𝐫𝐞𝐚𝐭𝐞 𝐦𝐨𝐫𝐞 𝐜𝐨𝐧𝐭𝐞𝐧𝐭: 𝐋𝐢𝐤𝐞, 𝐒𝐡𝐚𝐫𝐞, 𝐂𝐨𝐦𝐦𝐞𝐧𝐭, 𝐅𝐨𝐥𝐥𝐨𝐰 ⤵

The Modern Finance Professional: A Strategic Business Partner Beyond the Numbers Gone are the days when finance professionals were just “number crunchers” sitting behind desks. Today, we’re strategic business partners, actively shaping the future of our organizations. 💼✨ 🔹 From Reporting to Strategy Finance teams now play a proactive role, leveraging insights not just to report on what’s happened, but to help drive where we’re going. 🔹 Cross-Functional Collaboration Working closely with departments like sales, marketing, and operations aligns financial goals with broader company objectives. It’s about making an impact beyond the balance sheet. 🔹 Data-Driven Insights for Real-World Decisions We use data analytics to provide actionable insights, informing everything from product launches to resource allocation. The numbers tell a story—and we’re here to interpret it being the storytellers. 🔹 Building Financial Literacy Across the Company A huge part of the role is empowering non-finance teams to understand key financial metrics, so everyone makes informed, value-driven decisions. 🔹 The Future of Finance as a Business Partner With advancements in technology and data, finance is becoming even more integral to the core strategy of every business. 💡 Let’s embrace the opportunity to step out from behind the spreadsheets and drive real business value. Here’s to the finance professionals who are helping lead the way! #Finance #BusinessPartner #FinancialAnalysis #Leadership #StrategicFinance #DataDriven #CareerGrowth