FP&A Today

Chris Reilly: Simplifying Private Equity, FP&A, and Financial Modeling


Listen Later

Chris Reilly's first finance experience was historic. He worked on the Lehman bankruptcy at the height of the financial crisis in 2008 unwinding the investment bank's portfolio with "sights of empty offices and employees being laid off". This period at management consultancy FTI Consulting occupied days and nights dealing with the aftermath of the financial crisis.

Following his consultancy days, Reilly moved to  Hilton Worldwide  in a more traditional FP&A treasury senior analyst role. Here he learned to love private equity and ended up pursuing middle market PE in Denver for nearly a decade. In 2020, made his "pipe dream" of setting up his own consultancy business a reality, founding Mission Capital Consulting where he provides custom built M&A and FP&A models. He also runs a successful course Financial Modeling for Private Equity ("I started saying to myself, I wish I could have coached myself or coach an analyst or something like that on how to do this the right way because of all the sleepless nights I spent doing it the wrong way.")

Chris is a leading voice in finance on LinkedIn, providing his more than 25,000 followers with insights and practical advice each day.

In this episode he talks to Paul about:

  • How he became skilled in finance through “sink or swim”  encounters that taught him modeling and FP&A
  • How mastering the Three Statements changed his career trajectory 
  • The brutal response from a boss that changed his attitude to financial modeling forever 
  • His worst model? (Or why is still haunted by 7,000 rows on multiple tabs)
  • Why every financial model starts with the end user in mind (and how to do this practically) 
  • Why the model itself should not be considered only a means to a “conversation”.
  • Why building a model of their own lives” can be the most powerful  beginning training 
  • His new courses including financial modeling for private equity which have attracted five-star reviews
  • How he went from fine arts and Spanish double major to a career in finance
  • Watch the full show on YouTube

    Read the full transcript and blog

    Show Links

    Link to Chris's course: financial modeling for private equity

    Follow Chris Reilly on LinkedIn

    Follow Paul Barnhurst on LinkedIn

    Follow Datarails on LinkedIn

    FP&A Today is brought to you by Datarails.

    Datarails is the financial planning and analysis platform that automates data consolidation, reporting and planning, while enabling finance teams to continue using their own Excel spreadsheets and financial models.

    Get in touch at www.datarails.com

    ...more
    View all episodesView all episodes
    Download on the App Store

    FP&A TodayBy Glenn Hopper

    • 4.7
    • 4.7
    • 4.7
    • 4.7
    • 4.7

    4.7

    45 ratings


    More shows like FP&A Today

    View all
    Exchanges by Goldman Sachs

    Exchanges

    958 Listeners

    The McKinsey Podcast by McKinsey & Company

    The McKinsey Podcast

    385 Listeners

    PwC's accounting podcast by PwC

    PwC's accounting podcast

    183 Listeners

    WSJ Tech News Briefing by The Wall Street Journal

    WSJ Tech News Briefing

    1,641 Listeners

    CFO THOUGHT LEADER by The Future of Finance is Listening

    CFO THOUGHT LEADER

    124 Listeners

    TED Business by TED

    TED Business

    1,102 Listeners

    Invest Like the Best with Patrick O'Shaughnessy by Colossus | Investing & Business Podcasts

    Invest Like the Best with Patrick O'Shaughnessy

    2,354 Listeners

    WSJ Minute Briefing by The Wall Street Journal

    WSJ Minute Briefing

    682 Listeners

    The Accounting Podcast by Blake Oliver & David Leary

    The Accounting Podcast

    334 Listeners

    Eat Your Crust by Crystal Jiao, Jeesoo Kim

    Eat Your Crust

    213 Listeners

    Thoughts on the Market by Morgan Stanley

    Thoughts on the Market

    1,300 Listeners

    Think Fast Talk Smart: Communication Techniques by Matt Abrahams, Think Fast Talk Smart

    Think Fast Talk Smart: Communication Techniques

    791 Listeners

    CFO Weekly by Personiv

    CFO Weekly

    44 Listeners

    WSJ's Take On the Week by The Wall Street Journal

    WSJ's Take On the Week

    141 Listeners

    FP&A Unlocked by Paul Barnhurst

    FP&A Unlocked

    25 Listeners