Seven Essential Qualities of FP&A

Financial planning and analysis (FP&A) teams are responsible for testing the viability of big ideas coming out of the C-suite. These professionals are being asked to understand key business drivers and perform predictive analysis. To enable innovation and smart decisions, they must focus on modeling and predicting options for resource allocation, growth investments, and risk management. Advanced financial analysts are already building, testing, and perfecting collaboration tools that enable scenario planning and what-if analysis that focus on forward-looking choices. So, what does it take to excel as an FP&A professional?

FP&A professionals need to reduce cycle time for budgeting, forecasting, and reporting so they can devote more time to higher value activities. FP&A people need to possess seven core competencies that will enable them to excel in making value-added contributions.

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