CFO Insights
Paul Barnhurst shares lessons on FP&A and commercial partnering for Tech CFOs
Mar 27, 2024
Paul Barnhurst, a thought leader in FP&A and founder of The FP&A Guy, shares key insights for tech CFOs. He emphasizes the evolving landscape of FP&A, balancing technical and soft skills for impactful decision-making. Paul highlights the importance of financial storytelling, encouraging finance leaders to connect data with narratives. He discusses personal development as crucial for CFOs, advocating for continuous learning to enhance FP&A capabilities. Listeners will learn how effective communication can transform financial presentations and drive business success.
37:54
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Quick takeaways
- FP&A professionals must shift focus from traditional financial metrics to leading indicators to proactively manage business performance.
- Developing soft skills like storytelling is crucial for finance leaders to effectively communicate insights and influence strategic decision-making.
Deep dives
The Importance of FP&A in Fast-Paced Environments
Financial Planning and Analysis (FP&A) plays a critical role in guiding business decisions, especially in fast-paced environments like tech startups. Professionals in this field must combine analytical skills with a strategic mindset to drive impactful insights. This involves understanding key performance indicators (KPIs) that reflect the company's operational health rather than solely focusing on lagging financial metrics. By integrating FP&A with business operations, finance leaders can better support companies in making informed decisions that enhance performance.
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