In this episode of FP&A Tomorrow, host Paul Barnhurst sits down with Nate Saperia, a seasoned finance professional and founder of his own consulting firm, to explore what great FP&A truly looks like, especially in private equity-backed companies. Nate draws from over 20 years of experience in consulting, corporate finance, and strategic roles, sharing practical insights on how to make KPIs measurable and actionable, the blurred lines between strategic finance and FP&A, and what working in fast-paced PE environments really entails. He also talks about the skills FP&A professionals need today, from mastering Power Query to building effective business partnerships that drive real impact.
Nate Saperia is a finance veteran with a background spanning economic consulting, corporate finance at companies like GE and Hess, and advising private equity-backed firms on financial planning and analysis. Recently, Nate launched his own consulting firm, focusing on helping businesses navigate strategic finance challenges and achieve smarter growth. Known for his clear and pragmatic approach, Nate is passionate about helping FP&A professionals elevate their role beyond reporting into true business partnering.
Expect to Learn:
- Why truly great FP&A means understanding the business and enabling better decision-making.
- How to break down high-level financial goals into clear, measurable, and actionable KPIs.
- The nuanced difference between traditional FP&A and strategic finance roles.
- What it’s like working in private equity-backed companies, including the heavy reporting demands and rapid pace.
- The top technical and interpersonal skills FP&A professionals should prioritize now.
Here are a few quotes from the episode:
- “If we had truly clean data, FP&A would be more exciting because we’d spend more time on analysis, less on manual work.” - Nate Saperia
- “Business partnering is about empathy and understanding others’ perspectives, not assuming you have all the answers.” - Nate Saperia
- “Power Query is the single most important technical skill for FP&A professionals today it solves most data cleansing headaches.” - Nate Saperia
Nate delivers a thoughtful and practical perspective on the evolving role of FP&A, especially within private equity-backed companies. He highlights the importance of building actionable KPIs, mastering essential technical skills like Power Query, and developing genuine business partnerships grounded in empathy and understanding. This episode is a must-listen for finance professionals aiming to elevate their strategic impact and navigate the fast-paced demands of PE environments.
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In Today’s Episode
[01:11] - Introduction to the Episode
[03:07] - What Makes Great FP&A?
[05:08] - Nate’s Career Journey
[07:25] - The Role of EBITDA in Private Equity
[11:12] - Defining and Using KPIs Effectively
[17:42] - Building a Metrics Matrix
[20:34] - Strategic Finance vs FP&A
[28:41] - Life in a Private Equity-Backed Company
[35:17] - Reporting Expectations in PE
[41:47] - Power Query and Business Partnering
[46:05] - Nate Personal Insights
[48:45] - Final Advice for FP&A Professionals
FP&A Tomorrow