Australian-born Luke Mulcahy started in FP&A at larger businesses including Coates Group (internet leader in Sydney) and manufacturing company Sherwin-Williams. But for nearly 4 years he has loved having “wow” moments of finance insights with smaller companies. closer to the $5-10million range, where powerful insights are taken straight from finance to the CFO. In his words: “You can have those moments a lot more frequently with small business owners and just tell them what they’re, what they’re missing, what they haven’t got eyes on.”
In this episode:
- Forecasting energy consumption for a utility company in Australia
- The fear and strategy of becoming a fractional CFO
- The ideal set up for FP&A in small businesses
- Why big companies often have big data problems (and cleaning that data)
- Big FP&A wins in small business
- Solving the date problem in Excel
