The CFO Playbook

Tapping into Technology with Bijan Moallemi, Co-Founder and CEO of Mosaic

Apr 28, 2022

Bijan Moallemi, Co-Founder and CEO of Mosaic, discusses the importance of automation and freeing up time for strategic tasks in finance. He emphasizes the significance of scenario planning in uncertain times and the transition from finance professional to CEO. The challenges of communication and collaboration in a remote-first environment are highlighted, along with advice for aspiring CFOs on building relationships and developing technical skills.

37:22

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Episode guests

Bijan Moallemi

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Episode notes

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Quick takeaways

Finance teams should focus on being technical and have the ability to set up databases, automate workflows, and use code to connect business systems, allowing for more strategic analysis and decision-making.

Mosaic Tech's platform automates reporting and analysis workflows, providing real-time data and scenario planning capabilities, enabling finance professionals to spend less time on manual tasks and more on strategic analysis.

Deep dives

Creating a Strategic Finance Team

Bijan Molome, CEO of Mosaic Tech, shares insights on creating a strategic finance team. He discusses the importance of being technical and having a finance team that can set up databases, automate workflows, and use code to connect business systems. By being more technical, finance teams can free up time for more strategic analysis and decision-making.

Introduction

5min

The Role of Finance Professionals in Technology Companies and the Importance of Automation

11min

Approaching Forecasting and Scenario Planning in Uncertain Times

2min

Transitioning from Finance Professional to CEO and Building a Company

2min

The Importance of Communication and Collaboration in a Remote First Environment

11min

Shifting Mindset, Understanding Customers, and Advice for Aspiring CFOs

4min

Bijan Moallemi has nearly a decade of experience building and leading finance functions at companies like Qualcomm and Palantir. He knew CFOs deserved access to better tools, so he co-founded Mosaic Finance to build the next generation of finance software for CFOs and their teams. Born out of their own experiences in finance, Bijan and his co-founders have built the Mosaic platform as a resource that combines big data and machine learning to provide powerful predictive reporting capabilities.

To be a successful CFO, Bijan feels you need the tools and basic technical skills to support your business now and to plan for the future, while reducing the effort required by your team to achieve your goals. He thinks CFOs have historically been underserved, and financial professionals deserve accessible tools that save time and money, while providing key insights and analytics to better your business.

Bijan believes that improving workflows that are self-serving, rather than adding to your list of responsibilities, will free up your time and provide more information to make more educated decisions. He feels it is important to have an application like Mosaic that can accomplish that by providing real-time analysis and reporting, giving you perspective on your company’s past, present, and future. Adding automation to data ingestion and processing can help focus your business forecasting and scenario planning to be ready for anything that may come up.

In this episode of The CFO Playbook, Bijan explains why it is more important than ever to understand the financial ins and outs of a business to make sure you know exactly what's going on within your organization. He talks about how Mosaic offers a tool that can help financial professionals as they process through pain points with data and analytics, allowing for a faster and more focused financial team that can make a bigger impact on the business. Bijan also explains why he thinks communication, collaboration and culture building are keys to success, and talks about the benefits of opening up your company to a remote workforce as a way to ensure you have access to the best talent pool.

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