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The main cause of failure in FP&A roles? If you lack this skill, you'll struggle Ownership 𝗪𝗵𝗮𝘁 𝗱𝗼 𝘄𝗲 𝗺𝗲𝗮𝗻 𝗯𝘆 𝗢𝘄𝗻𝗲𝗿𝘀𝗵𝗶𝗽? Taking ownership means being responsible for your work and actions in finance It helps you grow, improve, and become a trusted professional 𝗕𝗲𝗻𝗲𝗳𝗶𝘁𝘀 𝗼𝗳 𝗢𝘄𝗻𝗲𝗿𝘀𝗵𝗶𝗽 𝗶𝗻 𝗙𝗣&𝗔 Taking ownership helps you learn and grow as a finance professional It builds trust with your team, clients, and helps you stand out in your career 𝗢𝘄𝗻𝗲𝗿𝘀𝗵𝗶𝗽 𝗲𝘅𝗮𝗺𝗽𝗹𝗲𝘀 𝗶𝗻 𝗙𝗣&𝗔? An FP&A manager takes responsibility for a project's success A junior analyst admits a mistake and corrects it quickly A Head of Finance tracks performance of a large capital expenditure 𝗕𝗼𝗼𝘀𝘁 𝗢𝘄𝗻𝗲𝗿𝘀𝗵𝗶𝗽 𝘀𝗸𝗶𝗹𝗹𝘀: 𝟯 𝗲𝗮𝘀𝘆 𝘁𝗶𝗽𝘀 Set clear goals and know what you want to achieve in your finance role Learn from your mistakes and find ways to improve Communicate openly and honestly with your team and stakeholders 𝗛𝗼𝘄𝗮𝗿𝗱'𝘀 𝗩𝗶𝗲𝘄 Your growth starts with owning your actions and decisions Being accountable and proactive in your work will push you to new heights of success How do you show Ownership? ~~~~~~~~~~~~~~ Hello 👋, I'm Howard. I help finance people move up through mastering soft skills 🚨 Want to get hired or promoted in FP&A? My guide "How to get hired in FP&A" with Nicolas Boucher is live - check the link in my bio 🚨

Few disciplines will likely see as much change in the next few years as Finance. As technology renders some traditional functions redundant, existing roles in the discipline are evolving rapidly from a traditional reporting focus, towards teams embracing their new business advisory potential. And as the abundance of data is addressed across the fast growing region, enormous opportunities for Finance professionals are being created. The rate of change in Finance makes successful hiring ever more critical: “Finding tomorrow’s talent is going to be about really understanding technology, data and people skills". https://lnkd.in/gsBeA_Yi

𝔽𝕒𝕤𝕔𝕚𝕟𝕒𝕥𝕚𝕟𝕘 ℂ𝕒𝕣𝕖𝕖𝕣 𝕚𝕟 𝔽ℙ&𝔸 𝑾𝒉𝒚 𝑭𝑷&𝑨 𝑹𝒐𝒍𝒆𝒔 𝒂𝒓𝒆 𝒕𝒉𝒆 𝑯𝒐𝒕𝒕𝒆𝒔𝒕 𝑪𝒂𝒓𝒆𝒆𝒓 𝑷𝒂𝒕𝒉 𝒊𝒏 𝑭𝒊𝒏𝒂𝒏𝒄𝒆 FP&A roles offer a unique opportunity for finance professionals to be more than just number-crunchers. FP&A professionals get to work closely with business leaders to develop strategies that can help drive growth and profitability, and they get to see the direct impact of their work on the company's bottom line. It's a role that combines the best of both worlds:- 1-Analytical skills 2-Strategic thinking. This position gives finance experts a special chance to think strategically, solve problems analytically, and communicate effectively. Given the strong demand, appealing compensation, and promising career prospects in FP&A, it's no surprise that many finance professionals are drawn to this field. --------------------------------------------------------------------------------- 𝑺𝒉𝒂𝒓𝒆 𝒚𝒐𝒖𝒓 𝒕𝒉𝒐𝒖𝒈𝒉𝒕𝒔 𝒊𝒏 𝒕𝒉𝒆 𝒄𝒐𝒎𝒎𝒆𝒏𝒕𝒔 𝑭𝒐𝒍𝒍𝒐𝒘 Vaibhav Goswami 𝒇𝒐𝒓 𝒔𝒖𝒄𝒉 𝒊𝒏𝒔𝒊𝒈𝒉𝒕𝒇𝒖𝒍 𝒄𝒐𝒏𝒕𝒆𝒏𝒕 #finance #FP&A

Financial Planning & Analysis (FP&A) professionals play a crucial role in organizations, helping guide financial planning and business strategy through data analysis and financial forecasting. The roles and responsibilities of FP&A professionals can vary significantly based on the size and structure of the organization, as well as the level of seniority. Below is a breakdown of common FP&A roles across different teams and levels of seniority, along with typical job descriptions for each. FP&A Roles by Team 1. Regional Team • Description: Focuses on financial planning and analysis for a specific region. Responsibilities include analyzing regional financial results, forecasting future performance, and supporting regional management with data-driven insights. 2. Country Team • Description: Similar to the regional team but focused on a specific country. This role involves close interaction with local operations to understand and influence financial outcomes. 3. Revenue Team • Description: Specializes in revenue forecasting and analysis. Tasks include analyzing revenue streams, assessing market trends, and supporting sales strategies with financial insights. 4. Expense Team • Description: Concentrates on managing and analyzing company expenses. Responsibilities include budgeting, forecasting expenses, and identifying opportunities for cost reduction. 5. Consolidation Team • Description: Works on consolidating financial data from various departments or segments of the business. This role is crucial for accurate reporting and analysis at the organizational level. 6. Specialized Roles • Description: Includes niche roles such as tax planning, treasury, risk management, etc., depending on the organization’s needs. 7. Finance Business Partner • Description: Acts as a bridge between finance and other departments, ensuring that financial analysis and planning support broader business objectives. 8. Center of Excellence • Description: Focuses on streamlining and improving financial processes and methodologies across the organization to enhance overall financial performance. 9. Mid-Size Organizations (Full P&L) • Description: In smaller or mid-sized organizations, FP&A professionals may oversee the full profit and loss responsibilities, requiring a broad understanding of all financial aspects of the business. FP&A Roles by Seniority 1. FP&A Analyst / Senior Analyst • Description: Responsible for collecting, analyzing, and reporting financial data. Tasks include variance analysis, assisting in the budgeting process, and providing analytical support to senior FP&A staff. 2. FP&A Assistant Manager / Manager / Senior Manager • Description: Oversees a team of analysts and is responsible for larger or more complex financial planning and strategic projects. This role involves significant interaction with senior management to inform and influence decision-making.

Were you part of a recent #layoff, were #laidoff, and are a #jobseeker #opentowork #openforwork never fear! There are lots of #hotjobs available!! Check out this new #jobposting with Steve Tinkham, CPC! I can help you navigate your search with my 20 years of experience in the industry and as a #resumewriter. I can prepare a strong ATS friendly resume to get you results and get you back to work QUICKLY! There is a lot more competition with the recent #layoffs, so it’s even more important you stand out from the competition, and you have a proven job search strategy. How I can help you: • Customized resume preparation- taking the time to thoroughly understand your expertise, not just providing a basic questionnaire or mass-produced “cookie-cutter” resume template. • LinkedIn profile preparation/optimization. • Job search coaching to walk you step-by-step through the process so you aren’t aimlessly applying to jobs and not getting responses. • Freelance Recruiter with a vast network of hiring manager/recruiter contacts to connect you to. 106 of my clients accepted offers for new jobs in 2023, 124 in 2021 and 112 in 2022! One obtained a $70K increase in her previous salary, one DOUBLED his salary, one a $50K increase, one a $55K increase and another a $35K increase! Visit my 120+ LinkedIn recommendations of success stories. Two recent client’s success stories “I went from constant rejection to averaging 6 interviews a week almost overnight.” “I wanted to thank you for all of your help and assistance in this process. I am going on to start my dream job thanks to you and your guidance. I wouldn't have gotten my foot in the door without your reach and connections. Again thank you so much for everything you have done for me and for others. I am blessed to have come across you in this vast network of people." Please take advantage of my FREE RESUME REVIEW offer on my website. https://lnkd.in/g-4bcFV “Remember you only get one chance to make a first impression, make it a Professional Impression!!”   #careercoach #resumewriter #ono #nowhiring #gethired

When I first started working in Finance, I worked as a Finance Analyst for British Gas. I was about a year into my CIMA studies and had under a year of Finance experience. I had recently been transferred to a team that looks after the metering side of the business. The team consisted of a Head of Finance and 3 Finance Managers who were supported by 1-2 analysts each. Due to restructuring, there wasn’t a Finance Manager for me to report into, therefore, the Head of Finance offered me the opportunity to stand in for the Finance Manager whilst they recruited one. For about 6 months, I did my Finance Analyst role and took on most of the responsibilities of the Finance Manager. For someone with as little experience as me, this was somewhat a baptism of fire. However, I learned loads in a very short space of time and I felt that I fast tracked my career. By the end of it, I was confident enough to manage relationships with senior operational managers, lead a departmental budgeting process, deliver month end close and reporting and act as a business partner. Usually, these are skills that are learned later in a Finance career. I saw this post from Steven Bartlett over the weekend, which reminded me how much I grew as a result of that. Anyone who is trying to build a career or grow their business should take note. There is no experience as good as on the job training. The internet is awash with guidance and support to help you evolve. If you aren’t sure about whether you can do something, I would recommend just giving it a go and trying to figure it out. You may surprise yourself with the outcome… #careerprogression #ceo #founder #development

Different organizations have varying roles for FP&A Professionals. The job description for FP&A also differs across organizations and seniority. Here are the most common FP&A Roles and Job Descriptions 📌 FP&A Roles ✅ Regional Team ✅ Country Team ✅ Revenue Team ✅ Expense Team ✅ Consolidation Team ✅ Specialized Roles ✅ Finance Business Partner ✅ Center of Excellence ✅ Mid Size Organisations (Full P&L) 📌FP&A Roles (as per Seniority) ✅ FP&A Analyst/ Senior Analyst ✅ FP&A Assistant Manager / Manager / Senior Manager ✅ FP&A AVP/ Director/ VP / SVP Share your thoughts in the comments below 👇

There’s no doubt about it… finance fuels growth. 🚀 When you're chasing capital to grow your business to the next level, you need people by your side who understand reporting standards, budgeting, planning, and all those pieces in between that will help your business level up. A reliable finance and accounting function is a necessity when you're trying to grow. If finance is causing friction instead of propelling your business forward, we can help you find the right people to drive change. Let's talk hiring! https://lnkd.in/g9cNMQDU 

Finance manager vacancy in Dubai