FP&A Today Your 12 Biggest FP&A Questions from 2023 Answered
Dec 19, 2023
Howard Tunnicliffe, Head of FP&A at The Economist, and Brett Hampson, Director of Finance at AllState, join host Paul Barnhurst to answer the most burning questions about FP&A in this special edition of FP&A Today. Topics include switching industries in FP&A, the need for a CPA in an FP&A job, developing KPIs, and upgrading to an FP&A tool. They also discuss preventative approaches to financial management, different approaches to headcount planning, managing stress and digital minimalism, and share their favorite Excel functions.
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Switching Industries in FP&A
- Switching industries in FP&A is easier at analyst levels and becomes challenging at management levels due to industry-specific context.
- Mindset, attitude, and coachability are more important than direct industry experience for switching industries.
CPA Not Required For FP&A
- You don't need a CPA to land an FP&A job; many successful FP&A professionals don't hold CPAs.
- Pursue certifications only if you are genuinely interested, as they can enhance your accounting knowledge but are not mandatory.
Breaking Into FP&A Non-Traditionally
- A non-traditional background can succeed in FP&A if you have the right attitude and mindset.
- Network strategically to showcase your skills beyond your unconventional background and overcome automated resume filters.