In 2012 I launched an FP&A team at Cardone Industries. We had some rockstars that signed up to jump onto this new team.

In 2012 I launched an FP&A team at Cardone Industries. We had some rockstars that signed up to jump onto this new team.

Remembering those days brings back good and painful memories. As an FP&A Analyst, there are some skills you’ve gotta have in your toolkit. Here they are:

  1. Financial Acumen: Understand the financial theory and be able to apply it. It’s the bedrock of your role.
  2. Tech Savvy: Tools like Excel, Power BI, or Python will be your new best friends. Get to know them real well.
  3. Analytical Thinking: Spot trends, identify patterns, predict outcomes. This skill will put you a cut above the rest.
  4. Communication Skills: Can you translate complex data into understandable insights? That’s a major plus.
  5. Business Insight: Understanding your company’s goals and strategy can help you provide more impactful recommendations.
  6. Time Management: Meeting deadlines while juggling multiple projects is part of the game.
  7. Adaptability: The finance world moves fast. Can you keep up and adjust on the fly?

Home in on these skills, and you’ll be scoring FP&A goals in no time.

🔔 Follow Brian on Linkedin: Brian Pillmore

Learn more on this topic

Related Insights

The Numbers that Matter to Banks

The Numbers that Matter to Banks

Revenue Growth It's a key measure of a bank's performance.Higher growth indicates more earnings and potential expansion. Net Interest Margin This KPI reflects the profitability of a bank's core activities. A higher NIM means more profit from lending. Loan to Deposit...

Shattering the Silence on Asset Quality Concerns

Shattering the Silence on Asset Quality Concerns

In a world rocked by economic turbulence - the pandemic, for one - the banking sector finds itself on a tightrope. Balancing asset quality, potential loan defaults, and the integrity of balance sheets has become the new normal. Enter BIAS: Bank Intelligence and Action...

How can technology revolutionize traditional banking?

How can technology revolutionize traditional banking?

While navigating the dynamic landscape of banking and finance, we often come across a common question - How can technology revolutionize traditional banking? The digital revolution is transforming the way we handle our finances. The proliferation of mobile banking and...