FP&A Today is the podcast for Financial Planning and Analysis. The weekly show dives into the challenges and opportunities within the world of FP&A, interviewin...
AI must look for work your finance team hates to do – Hyoun Park
CEO and Principal Analyst at Amalgam Insights, Hyoun Park helps CIOs & CFOs create the ROI and strategic business cases for better AI and IT FinOps. He is also host of the weekly podcast, This Week in Enterprise Tech.
In this episode Hyoun discusses some of the quick AI wins for finance departments.
My journey Starting as a CRM administrator to analyst
Cloud spend getting out of control (unexpected cloud bills for $20m!)
AI use cases: invoices, contracts, billing and spending contracts (dealing with 1000 software contracts) and reconciliations
Agentic AI and uses in Finance
Zero based budgeting and Forecasting in the AI age
ROI for AI investment
People who will lose their jobs in AI in finance vs those who will survive
My futurist prediction
Connect with Hyoun on LinkedIn: https://www.linkedin.com/in/hyounpark/
Host of weekly podcast, This week in Enterprise Tech: https://www.buzzsprout.com/2319034
http://www.amalgaminsights.com/
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48:45
Getting to a great Controller FP&A Relationship – Bill Hanna
With nearly 300k subscribers on YouTube, Bill Hanna’s weekly videos on The Financial Controller Channels provide his audience with lessons over a 15-year career in Auditing & Corporate Accounting. He provides inspiration and practices in accounting and finance through his videos and courses “Designed To Save You Years of Learning” (as one reviewer wrote “I have learnt more with you than 3 years studying accounting and finance”).
In this episode:
How I stumbled into accounting
Lessons in accounting leadership
The power of mentoring teams about mistakes I make
FP&A vs controller
The accounting crisis affecting the CFO’s Office
My accidental influencer journey
Bringing practical explanation of concepts through one company followed across the course
The accounting concepts needed to get to CFO
Having a wife who is also an accountant
Being a Mac user using Excel
LinkedIn: https://www.linkedin.com/in/bill-hanna-cpa-7653a851/
YouTube channel (Financial Controller) https://www.youtube.com/@TheFinancialController
Courses: https://controller-academy.com/
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34:25
Damon Fletcher, ex-CFO of Tableau, on Great Analytics
Today’s guest is perhaps the leading CFO name in data and analytics, the ex-CFO of Tableau and DataRobot. Now as Founder & CEO at Caliper, Fletcher draws on over a decade of executive experience at the intersection of finance and analytics. At Caliper, his mission is transform cloud cost and usage data into actionable insights
In this episode Fletcher discusses
The relationship between analytics and the CFO
Subscription, net dollar retention, customer retention, and annual recurring revenue as key metrics
Getting from CFO to CEO and the learning curve
How we rely on AI and predictive ML and seasonal patterns to find anomalies
Getting to base analytics and starting in AI
Challenges and waste with cloud and holding engineers accountable
The opportunity to save 30% on cloud spend
Moving from Excel to Google Sheets
Connect with Damon LinkedIn: https://www.linkedin.com/in/damon-fletcher-bb8a6614/
https://calipersoftware.ai
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40:44
From a deep struggle with personal skills to Storytelling Leader
Walmart, Kraft Heinz, Blue Rock Therapeutics, and the Four Seasons hotels are just some of companies that regularly invite Ron Monteiro to coach their finance teams in storytelling. But Ron’s success followed decades of fear in presenting and public speaking in FP&A settings. Starting in accounting at Hitachi (“Ron Monteiro: “it was actually the only job I could get”) the CPA and CMA was inspired by a manager who gave him direction and mentorship doing FP&A as Kraft, as well as work over a decade in daily overcoming his debilitating fears. Now he delivers a playbook to teams across the world where finance is “expected to be at the table, not just tactically, but strategically.”Ron is also the author of a new book: Love Mondays which draws on his experience and interviews with finance leaders.
In this episode
Fear of public speaking I’ve carried through my life
Kraft Foods and a leap of faith from my manager
15 years at Kraft with 7 jobs and five promotions including FP&A manager, analyst and director
Transforming Kraft FP&A into strategic value: Kraft Singles and “Getting Our Shit Together” meetings
Brendan Flynn’s leadership of finance at Kraft developing future finance leaders
The downward trend of FP&A post 3G Capital’s buyout
CPG and the essential metrics
Learning what you can do to grow – listening tour as business partnering and putting your hand up
Love Mondays! A Proven Process to Bring Joy Back Into Your Work Week and Life Paperback by Ron Monteiro https://www.amazon.ca/Love-Mondays-Proven-Process-Bring/dp/B0DPMTVYY3
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46:20
The Consolidation King on Working Better with FP&A – Charaf Bourhalla
“Consolidation. A lot of people don’t know exactly what it is. They think that it’s just an aggregation of numbers. Like you just add numbers, but it’s more technical than that. Most of the time when we are talking about consolidation, it’s international big groups that have subsidiaries around the world. Consolidation is the process of converting those financial statements normally built locally, because they have to be compliant with the local requirements and be compliant with the GAAP of the group.”
Charaf Bourhalla has been Head of Consolidation at Nestle Skin Health, Vimian Group and Edify Investment Partner. He holds several key certifications, including the FMVA from CFI, ACCA with a focus on IFRS, and the PMP from PMI. His posts on LinkedIn reach millions of people explaining complex topics simply such as IFRS 10 – Consolidated Financial Statements, AS 16 – Property, Plant and Equipment and AS 1 – Presentation of Financial Statements.
In this episode:
From years of struggle, to Kimberly Clarke as a reporting analyst to entering a pharma company as business controller
13-year tenure as a consultant developing a deep understanding of IFRS, USGAAP, French GAAP, and IPSAS,
3 Jobs as Head of Consolidation including Nestle Skin Health with 70 subsidiaries around the world
Simplifying complexities of financial consolidation and non financial KPIs
Secrets to working with FP&A for consolidation and forecasting and building a mid-term plan
Continual training for teams in subsidiaries
Technology and complexity changing the consolidation game
How Charaf called in when a company found itself consolidating more than 70 legal entities using Excel
Not to pick consultants with partnerships with only one provider
Connect with Charaf on LinkedIn: https://www.linkedin.com/in/charaf-bourhalla-04760a1b/
FP&A Today is the podcast for Financial Planning and Analysis. The weekly show dives into the challenges and opportunities within the world of FP&A, interviewing FP&A leaders, CFOs and other finance pros in order to give you the freshest insights and takeaways. Each week our top guests provide actionable advice about financial planning and analysis – from career goals to navigating challenges, and powerful Excel tips.
Our weekly show provides unrivalled insights for navigating FP&A.
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