FP&A Today

Kenneth Fick: FP&A as Influence without Power


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Kenneth Fick, had it in his background to be in FP&A: His father spent 40 years in FP&A at Fisher Price.
Ken is now Vice President of Financial Planning Analysis at Citrin Cooperman which is a $350 million accounting tax and advisory firm based in New York. In this interview Kenneth discusses:
Being a 20-year-old watching the chaos unfold at Circuit City which is now taught as an example of corporate failure in America
While technical skills get you first roles, you get promoted through skills in influence and storytelling
Becoming a leading name in FP&A through his writing – including a viral article about how to exactly define to a stranger what FP&A is, at a cocktail party
His budget process and love of budgeting as a means of listening to the company
Why it angers him that FP&A is being judged on predictions
How fuzzy data is at the core of FP&A
Linear regression and statistical modeling in Excel
 
Follow Kenneth 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.
With Datarails on your side for FP&A you get improved data integrity and visibility helping your relationships with your internal business partners and external stakeholders; real-time latest version of all your company’s data in one place, with version control, audit trail and records, ensuring errors and multiple versions are avoided; the ability to let your data tell your story through proprietary, built-in visualization of critical KPIs in real-down; and drill-downs to answer questions on underlying data on the spot.
Get in touch at www.datarails.com
Follow DataRails on LinkedIn to find out about upcoming episodes and the latest FP&A news
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To suggest a great guest for the show, or if you would like to be the FP&A Pro being interviewed contact [email protected]
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