IN ACCOUNTING AND FINANCE
With the uncertainty created by all the digital disruption going on in Finance, in particular how fast things are happening and the blurring of traditional business models what does all of this mean for our FP&A teams?
Our guest mentor Kenneth Fick, who is an FP&A thought leader and also the founder of fpaexperts.com provides some answers to this question as well as offering further advice on what FP&A professionals can be practically doing today to continue playing an important role into the future. Key points from the episode:
So on this episode I explain why and share a 5 step approach to use this to your advantage.
It’s generally accepted that we’re pretty handy with reporting and analysing the numbers, but are we using the right language when talking about them?
Our guest mentor Steve Rosvold founder of CFO.University helps us understand why we need to become multilingual and how we can practically go about it so we can experience more success in accounting & finance. Other key points we cover in this episode are:
• Steve shares the key skill involved in building relationships.
• the 3 languages that help us make a difference to the businesses and communities we serve.
• The role of finance professionals and accountants as teachers.
If you haven’t heard of the outcry for the death of Excel then you must be living under a rock. This highly emotive topic has gained a lot of high profile media attention, fake news and even changed the views of many finance professionals all the way up to the C-suite and Wall Street.
It’s so dramatic this shift in sentiment that it’s almost hard to tell who is actually right or wrong and what to do next in Finance Transformation.
There are very compelling arguments for and against. So rather than debate it online Chris and Lance go head to head in a gloves off session.
Well our guest mentor Nilly Essaides provides some relevant insights and key data points that will help finance talent be more informed and take more charge over their careers during this period of digital transformation in Finance. Key Points we cover on this Episode:
• 3 key trends Nilly is seeing in the data that Finance need to be aware of.
• Words of encouragement for those scared of digital finance transformation changes.
• What world class companies are doing to empower employees in digital transformation.
• The biggest gap she sees right now between skills maturity and skill importance in Finance
So on this episode I share a 5 step approach that describes who finance business partners serve, their 3 most urgent needs, what they do, and the deeper core benefit they bring.
Today’s guest mentor Lance Rubin shares with us some practical advice we can all start doing now with our financial modelling to drive more value and better decisions in our business. Some of the key points from the episode are:
• The 3 skills Lance developed to make his models more impactful.
• Describes some baby steps to raise your financial modelling skills.
• The 5 building blocks to be a successful Financial Modeller.
The aim of our Strength in the Numbers Show is to create more influential accountants and finance professionals all over the world who make an impact by solving meaningful problems for their organisations.So on this episode I share a way we can be more influential and create a bigger impact.
Well our guest mentor Nigel Franklyn provides the answer. Nigel is a speaker and thought leader as well as the creator of Me Inc. which is really about how we can be more productive, being our best selves and make better use of our energy in Accounting & Finance.
Key Points From the Episode:
• 4 lessons he learned as an athlete and brought into his career.
• Your supervisor’s amazing superpower and how he’s trying to stamp it out.
• Shares his concept Me Inc that he delivered to an AICPA Controllers Conference.
• Why he embraces the creativity of the younger employees in Finance.
I’ve written previously about what valued insights look like and now I’ll share a bit more in this episode about how Finance teams should better organise to deliver them.
Well our guest mentor for on this week’s podcast is Chris Argent, a “Future of Finance” Thought Leader and Founder of Generation CFO which is one of the more active, ‘must-go-to’ peer groups for accountants and finance professionals on LinkedIn and has 66,000 members all over the world, which examines new trends in finance transformation, digital transformation, CFO role revolution and the growth of the modern strategic business partner.
In this episode we cover:
• How and why Generation CFO has grown to 67,000 members
• The two baby steps we can take to keep Finance relevant.
• Why we need to switch from a core Finance to a more Innovation pioneer one.
• Some practical steps Finance can begin to become more tech savvy and start adding more value with digital finance technologies.
On the surface, it’s a really simple tale but has 4 practical applications to finance & accounting professionals that I share in this episode.