The FP&A Guy Network

In this episode of Financial Modeler's Corner, host Paul Barnhurst is joined by Matthew Lee, Co-Founder and CEO of Nummo, a software tool built to help analysts and bankers build financial models more efficiently. Matt explains why he started the company after years in investment banking and as a CFO, and what he sees as the real opportunities and limits of automation in financial modeling. The conversation covers the pressure of dealing with work, common modeling mistakes, and where tools like Nummo can help speed things up without replacing analysts. Matt also shares thoughts on what makes a good model and why hands-on understanding still matters most.

Matt is the Co-Founder and CEO of Nummo, an AI co-pilot for financial modeling that he wished he had during his time in finance. Before Nummo, Matt worked as an investment banker at Lazard, helping to execute sell-side and buy-side M&A deals totaling around $6 billion in enterprise value. He also served as CFO at a digital product studio, overseeing financial planning for emerging tech products launched by Fortune 500 firms and early-stage ventures. With over 40,000 hours in Excel, Matt built Nummo to deliver a banker-grade modeling platform that runs fully on-device, maintains cell-level accuracy, and automates workflows like DCFs, LBOs, comps, and fairness opinions.

Expect to Learn

• Why financial models still need human input
• Where tools like Nummo can improve modeling workflows
• Why version control and hidden hard codes cause major issues
• How to balance automation with accuracy and narrative
• Why it’s critical to never outsource your understanding of a model

Here are a few quotes from the episode:

• We’re about 30% of the way there. AI can help, but it can’t yet build a fully detailed, nuanced model.” - Matthew Lee
• “Even with automation, you still need to check for hidden hard codes and make sure your model tells the right narrative.” - Matthew Lee
• “Formatting, standardization, and QA are where AI is already adding value today.”- Matthew Lee

Follow Matthew:

LinkedIn - https://www.linkedin.com/in/matthew-m-lee/

Company - https://www.nummo.xyz/

Follow Paul:

Website - https://www.thefpandaguy.com  

LinkedIn - https://www.linkedin.com/in/thefpandaguy

YouTube - https://www.youtube.com/@thefpandaguy

Follow Financial Modeler's Corner:  

LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/?viewAsMember=true  

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Sign up for the Advanced Financial Modeler Accreditation Today and receive 15% off by using the special show code ‘Podcast’.

Visit https://bit.ly/497oAqW and use the code “Podcast” to save 15% when you register. 

In today’s episode:

[02:28] - Matt’s background

[03:54] - Worst modeling mistakes

[06:24] - What Nummo is and how it works

[11:10] - Biggest Challenge in M&A Transactions

[15:34] - Building models that tell a story

[28:23] - How workflows are changing

[31:53] - Favourite Excel Shortcut

[39:44] - Rapid fire: Excel habits and preferences

[45:35] - Final Question & Episode

In this episode of FP&A Tomorrow, host Paul Barnhurst welcomes Garry Ridge, former CEO of WD-40 Company and a globally recognized leadership coach, to discuss how company culture and employee engagement can drive business success. With his extensive experience building a culture of trust, respect, and belonging, Garry shares how FP&A professionals can align financial strategy with a purpose-driven organizational culture. From leadership to mental health in the workplace, Garry’s insights provide valuable lessons for creating thriving teams and lasting business impact.

Garry Ridge is a purpose-driven leader, coach, and global keynote speaker. As the former Chairman and CEO of WD-40 Company, Garry led the brand to become one of the world’s most trusted names, achieving over 90% employee engagement and consistent shareholder growth. Known as The Culture Coach, Garry helps leaders create values-driven workplaces where learning, innovation, and connection fuel success. He is the author of Any Dumb-Ass Can Do It and co-author of Helping People Win at Work with Ken Blanchard.

Expect to Learn:

• The connection between company culture and business success
• How FP&A can guide strategy while fostering engagement
• Why servant leadership is key to unlocking innovation
• Practical advice on building a workplace of belonging
• The importance of "learning moments" in continuous improvement

Here are a few quotes from the episode:

• "Great FP&A looks like a road map to a destination that’s directionally very concise and understandable." - Garry Ridge
• "If only a small percentage of your organization is passionately working on executing your strategy, you’ll get limited outcomes." - Garry Ridge
• "If you want to create a high-performing culture, focus on building trust, respect, and belonging." - Garry Ridge

Garry Ridge offered a powerful vision for the future of leadership and organizational culture, one where trust, respect, and belonging are the foundations of success. He emphasized that great leaders are not just managers, but coaches who inspire their teams to thrive by focusing on values-driven cultures. From building employee engagement to navigating mental health challenges, Garry’s insights provide actionable guidance for leaders looking to create work environments where people feel valued, connected, and empowered to contribute to a greater purpose.

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March 23 – 25 in Indianapolis

This immersive, three-day event is built for financial professionals, by financial professionals, and it’s designed to help you sharpen your skills, stay on top of trends, and connect with peers who understand your challenges.

Learn more: https://www.financialprofessionals.org/events/meetings/afp-fp-a-forum

Follow FP&A Tomorrow:

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Follow Garry:

LinkedIn - https://www.linkedin.com/in/garryridge/

Website - https://thelearningmoment.net/any-dumb-ass-can-do-it/

Follow Paul:

Website - https://www.thefpandaguy.com/

LinkedIn - https://www.linkedin.com/in/thefpandaguy

Earn Your CPE Credit

For CPE credit, please go to earmarkcpe.com, listen to the episode, download the app, answer a few questions, and earn your CPE certification. To earn education credits for the FP&A  Certificate, take the quiz on Earmark and contact Paul Barnhurst for further details.

In Today’s Episode

[02:51] - Introduction of Garry Ridge

[05:35] - All Models Are Wrong, Some Are Useful

[07:18] - Creating Memories with WD-40

[12:48] - The Consequences of Ignoring Culture

[24:29] - Reactions to Going Back to School as CEO

[29:44] - Making "Are You Okay?" Meaningful

[32:27] -  Embracing Vulnerability as a Superpower

[35:13] - Curiosity as a Business Partner

[42:29] - Parting Advice for Improvement

[59:47] - Final Thoughts and Wrap Up

In this episode of Financial Modeler's Corner, host Paul Barnhurst is joined by Morten Lykke Pedersen, a seasoned financial expert and Partner at Deloitte, where he leads the financial modeling division within the Strategy, Risk, and Transaction Advisory group. Morten discusses his extensive experience in mergers and acquisitions (M&A), strategic financial modeling, and how financial models can empower businesses to make informed, data-driven decisions. He also shares insights on the importance of collaboration during the modeling process, tips for ensuring client engagement, and the role of financial models in presenting a company’s equity story.

Morten Lykke Pedersen, CFA, CFM, is a financial expert with over a decade of experience. He specializes in mergers and acquisitions (M&A), providing strategic insights that empower businesses to optimize their strategies through forecasting and risk assessment. Morten's career spans notable roles, including his tenure at PwC, where he managed valuation and modeling services. At Deloitte, Morten is dedicated to guiding businesses through complex transactions and strategic initiatives, helping them navigate industry dynamics and execute transformative transactions successfully. He holds a CFA charter and certifications in financial modeling, and his educational journey includes advanced degrees from Aarhus University, Saint Mary’s University, and the CFA Institute.

Expect to Learn

• The critical role of collaboration in transaction modeling
• How to build financial models that communicate a company’s story and manage risk
• The importance of scenario analysis in M&A transactions
• Why financial models should reflect business realities, not just numbers
• How formal training programs, like the Chartered Financial Modeler (CFM), can elevate modeling skills and team capabilities

Here are a few quotes from the episode:

• “Financial modeling is about understanding the business, not just crunching numbers.” - Morten Lykke Pedersen
• “A financial model should only do what it’s supposed to do, keep it simple and fit for purpose.” - Morten Lykke Pedersen
• “It’s not about the formulas; it’s about making sure the people who own the numbers understand what’s going on in the model.” - Morten Lykke Pedersen

Follow Morten:

LinkedIn -  https://www.linkedin.com/in/mortenlykkepedersen/?originalSubdomain=dk

Company - https://www.linkedin.com/company/deloitte/

Follow Paul:

Website - https://www.thefpandaguy.com  

LinkedIn - https://www.linkedin.com/in/thefpandaguy

YouTube - https://www.youtube.com/@thefpandaguy

Follow Financial Modeler's Corner:  

LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/?viewAsMember=true  

Newsletter - Subscribe on LinkedIn-https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

Sign up for the Advanced Financial Modeler Accreditation Today and receive 15% off by using the special show code ‘Podcast’.

Visit https://bit.ly/497oAqW and use the code “Podcast” to save 15% when you register. 

In today’s episode:

[02:16] - Guest Background

[03:43] - Worst Model Horror Story

[07:58] - Client Engagement

[11:52] - Conveying Company Value

[13:35] - Supporting Assumptions with Data

[21:11] - The CFM Journey with Morten's Team

[31:19] - Favorite Excel shortcut.

[32:14] - The Number One Career Lesson

[33:39] - Rapid-Fire Questions

[37:38] - Final Advice

In this episode, hosts Paul Barnhurst and Glenn Hopper explore the challenges and opportunities that come with incorporating AI into finance. They discuss why so many AI projects fall short of expectations, the importance of having clear processes and clean data, and how businesses can get the most out of these technologies. The conversation also covers the practical uses of tools like ChatGPT and Excel Copilot, and the need for realistic expectations when adopting new technology.

In this episode, you will discover:

• Why 95% of AI projects don’t deliver the results businesses expect.
• The critical role that data quality and solid workflows play in making AI work.
• How businesses are using tools like ChatGPT and Excel Copilot to enhance financial operations.
• How to integrate these tools effectively into existing systems.
• The importance of setting realistic goals and expectations when using new technologies.

Paul and Glenn stress that while AI offers great potential, it’s important to approach it with a clear understanding of its capabilities and limitations. They discuss how businesses can align technology with existing processes, manage expectations, and avoid common pitfalls.

Join hosts Glenn and Paul as they unravel the complexities of AI in finance:

Follow Glenn:

LinkedIn: https://www.linkedin.com/in/gbhopperiii

Follow Paul:

LinkedIn: https://www.linkedin.com/in/thefpandaguy

Follow QFlow.AI:

Website - https://bit.ly/4i1Ekjg

Future Finance is sponsored by QFlow.ai, the strategic finance platform solving the toughest part of planning and analysis: B2B revenue. Align sales, marketing, and finance, speed up decision-making, and lock in accountability with QFlow.ai.

Stay tuned for a deeper understanding of how AI is shaping the future of finance and what it means for businesses and individuals alike.

In Today’s Episode:

[00:41] - Welcome to the Episode

[01:07] - Funny News of This Week

[04:00] - Why AI Projects Underperform

[09:12] - AI Automation for New Hires: Realistic or Hype

[16:01] - Understanding AI Fundamentals in Finance

[17:41] - Thoughts on ChatGPT-5

[31:06] - Summary of Key Takeaways from the Episode

In this episode of FP&A Tomorrow, host Paul Barnhurst is joined by William Spengler, founder of Frederick Fox, a recruiting firm specializing in placing top-tier finance and accounting talent. They discuss what employers are looking for in FP&A professionals and the growing demand for technical skills such as Power BI, Tableau, and SQL. William shares insights into the current job market, what makes candidates stand out, and why effective communication and a curious mindset are essential for success in finance. The episode is packed with practical advice for job seekers and finance professionals looking to advance in their careers.

William is the founder and principal of Frederick Fox, a recruiting firm that specializes in placing finance and accounting talent. Since its launch in 2019, Frederick Fox has grown rapidly, serving over 700 clients with a team of 55+ experienced recruiters. The firm has achieved this growth without outside funding, focusing on speed, accountability, and results. Frederick Fox has redefined the recruiting process, prioritizing lean systems and performance-based partnerships to help companies make confident hires. Outside of work, William is a guitar-playing father of three, a math nerd turned entrepreneur, and an enthusiast of spicy food and hot yoga.

Expect to Learn:

• Why accounting and finance roles are becoming more crucial to businesses today
• How to stand out as an FP&A candidate in a competitive job market
• The importance of mastering technical tools like Power BI, Tableau, and SQL
• Why humble curiosity is key to becoming a better business partner
• How recruiters assess FP&A candidates and what skills they prioritize

Here are a few quotes from the episode:

• “Accountants are becoming like the new software engineers. They’re in high demand and increasingly critical to business operations.” - William Spengler
• “The biggest mistake candidates make is not reaching out directly to hiring managers with relevant examples. Networking is key.” - William Spengler
• “If you're not networking continuously, you're not future-proofing your career.” - William Spengler

William Spengler shared valuable insights into the FP&A job market, highlighting the demand for technical skills, the importance of effective communication, and the value of humble curiosity. His practical advice on networking, understanding business needs, and positioning yourself for success will help both job seekers and finance professionals advance in their careers.

World-class Digital FP&A Course Bundle:

Sign up for over ten hours of video content with 4 different courses and 8 modules on FP&A topics, including: Business Partnering, Data Analysis, Financial Modeling Design Principles, and Modern Excel. Use code Podcast to save 25%. What are you waiting for? Sign up today: https://bit.ly/4decOf3

Follow FP&A Tomorrow:

Newsletter - Subscribe on LinkedIn - https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=6957679529595162624 

Follow William:

LinkedIn - www.linkedin.com/in/william-spengler-2193433a

Website: https://frederickfox.com/

Facebook: https://www.facebook.com/FrederickFoxGroup/

Company LinkedIn: https://www.linkedin.com/company/frederick-fox/

Follow Paul:

Website - https://www.thefpandaguy.com/

LinkedIn - https://www.linkedin.com/in/thefpandaguy

Earn Your CPE Credit

For CPE credit, please go to earmarkcpe.com, listen to the episode, download the app, answer a few questions, and earn your CPE certification. To earn education credits for the FP&A  Certificate, take the quiz on Earmark and contact Paul Barnhurst for further details.

In Today’s Episode

[02:28] - William's Introduction

[07:20] - Build Models or Value Companies

[10:42] - What's Driving CPA Demand

[16:00] - How People End Up in FP&A

[18:09] - CPA is Still the Gold Standard

[27:37] - Communicating Data That Drives Action

[30:30] - Identifying Action-Oriented Candidates

[36:36] - Biggest Mistake Candidates Make

[42:38] - No.1 Technical Skill for FP&A

[49:16] - Connect With William

In this episode of Financial Modeler's Corner, host Paul Barnhurst celebrates the 40th anniversary of Microsoft Excel, a tool that has revolutionized the financial modeling industry and many others. Paul explores Excel’s fascinating history, its evolution over four decades, and shares interesting facts, hidden Easter eggs, and fun surprises that Excel enthusiasts will appreciate. From the first graphical interface to modern-day features like dynamic arrays, this episode showcases how Excel has shaped the way we work and how it continues to be an essential tool for financial modelers.

Expect to Learn

• The fascinating origin story of Excel and its early days on the Mac.
• Fun facts about Excel’s features, including its secret limitations and quirky surprises.
• Excel's functionality has evolved over the years to include over 500 functions.
• Hidden Easter eggs and games that were embedded in older versions of Excel.
• Creative and unique Excel projects, including games and pixel art, showcase the limitless possibilities within Excel.

Here are a few quotes from the episode:

• "The first version of Excel only had 150 functions, and now we’re up to 516! That’s quite a leap over 40 years." - Paul Barnhurst
• "Sometimes, the most creative projects come from using Excel in ways you never thought possible, like pixel art or creating a full video game." - Paul Barnhurst
• "The tool of choice for modelers is Excel, and it has a lot more to offer than meets the eye." - Paul Barnhurst

Follow Paul:

Website - https://www.thefpandaguy.com  

LinkedIn - https://www.linkedin.com/in/thefpandaguy

YouTube - https://www.youtube.com/@thefpandaguy

Follow Financial Modeler's Corner:  

LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/?viewAsMember=true  

Newsletter - Subscribe on LinkedIn-https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

Sign up for the Advanced Financial Modeler Accreditation Today and receive 15% off by using the special show code ‘Podcast’.

Visit https://bit.ly/497oAqW and use the code “Podcast” to save 15% when you register. 

In today’s episode:

[02:17] - 16 Fun Facts About Excel

[08:11] - Excel's Evolution

[14:58] - Excel Easter Eggs

[16:55] - Excel Jokes to Lighten the Mood

[19:13] - Epic Excel Creations: Stunning Art

[23:11] - Wrapping Up and Final Thoughts

In this episode of Future Finance, hosts Glenn Hopper and Paul Barnhurst welcome Dennis Jiang, co-founder and CEO of Rosie. Dennis shares how Rosie helps professionals navigate complex spreadsheets, debug formulas, and optimize financial models. The conversation explores how AI is transforming spreadsheet use, streamlining tedious tasks, and empowering users to focus on strategic insights. Dennis also explains the unique challenges of integrating AI into financial workflows and how Rosie is changing the landscape of Excel usage for power users.

Dennis Jiang is the co-founder and CEO of Rosie, an AI-powered assistant that helps professionals understand, build, and analyze spreadsheets with ease. Dennis started his career as a consultant at Bain & Company, where he became an Excel whiz, so much so that he later worked as a freelance Excel consultant for high-profile clients like Apple. Having seen firsthand how much his clients and colleagues rely on spreadsheets yet struggle with them, Dennis founded Rosie to leverage agentic AI to finally solve that problem and help professionals focus on insights rather than wrestling with formulas.

In this episode, you will discover:

• How Rosie’s AI assistant redefines how professionals use Excel.
• The role of AI in auditing and debugging complex financial models.
• How Rosie saves time for finance teams by automating tedious tasks.
• The difference between Rosie and tools like Microsoft Copilot for advanced users.
• Why Dennis believes that spreadsheets will remain central to finance, even as AI technology evolves

Dennis shared his journey from consulting to founding Rosie, offering an inspiring look at how AI is transforming Excel modeling and financial workflows. His insights into automating tedious tasks, debugging complex models, and enhancing financial analysis provide invaluable guidance for professionals looking to leverage AI to improve productivity and decision-making.

Follow Dennis:

LinkedIn - https://www.linkedin.com/in/dennis-jiang-0387923/

Website - https://www.askrosie.ai/?utm_source=podcast&utm_campaign=futurefinance1

Special Offer for Our Listeners: Enjoy 1 free month of Rosie Premium (a $20 value) using the code FUTUREFINANCE at checkout.

Join hosts Glenn and Paul as they unravel the complexities of AI in finance:

Follow Glenn:

LinkedIn - https://www.linkedin.com/in/gbhopperiii

Follow Paul:

LinkedIn -  https://www.linkedin.com/in/thefpandaguy

Follow QFlow.AI:

Website - https://bit.ly/4i1Ekjg

Future Finance is sponsored by QFlow.ai, the strategic finance platform solving the toughest part of planning and analysis: B2B revenue. Align sales, marketing, and finance, speed up decision-making, and lock in accountability with QFlow.ai.

Stay tuned for a deeper understanding of how AI is shaping the future of finance and what it means for businesses and individuals alike.

In Today’s Episode:

[03:04] - Why Rosie Was Created

[05:22] - Microsoft’s AI Integration Struggles

[06:45] - Rosie vs. Microsoft Copilot

[10:05] - Managing AI Hallucinations with Rosie

[12:55] - Rosie’s First Fan Club Website

[17:08] - The Future of Entry-Level Roles in Finance

[20:50] - Modeling with Punch Cards

[26:23] - The Future of Financial Analyst Roles

[33:05] - The Aha Moment for Rosie

[36:21] - Wrapping Up and Free Access to Rosie

In this episode of FP&A Tomorrow, host Paul Barnhurst explores the transformation of finance into a strategic driver of business performance with seasoned CFO Darrell Cox. They unpack the modern challenges of FP&A, emphasizing how teams can move beyond traditional reporting to become proactive, data-savvy partners across the organization. Darrell shares real-world insights on forecasting, revenue intelligence, sales collaboration, and building a tech-enabled finance function that delivers tangible value.

Darrell Cox is the Chief Financial Officer at Una Software, bringing over 25 years of executive leadership across high-growth companies. His background includes CFO roles at Vena Solutions and FreshBooks, as well as leadership positions at Virgin Mobile, Rogers Communications, and ATI Technologies. Known for scaling finance teams and overseeing more than $1 billion in exits and transactions, Darrell focuses on blending financial insight with operational data to elevate finance's role as a strategic partner.

Expect to Learn:

• Why FP&A must evolve into strategic finance to remain relevant
• How to continuously improve forecasting through agile, data-rich practices
• The critical role of CRM and daily data in revenue intelligence
• How finance and sales can work together as partners, not opponents
• Career advice for FP&A professionals aiming to become CFOs

Here are a few quotes from the episode:

• “If you're not networking continuously, you're not future-proofing your career.” - Darrell Cox
• “Come bearing gifts, not with a rubber stamp and a hatchet. That's how you partner with sales.” - Darrell Cox
• “It’s no good having a beautiful bathroom if there’s no water going to it. You need the plumbing.” - Darrell Cox

Darrell Cox brings sharp insights and practical wisdom to this episode of FP&A Tomorrow, shedding light on how finance can step up as a true business partner. Whether you're building forecasts, aligning with sales, or plotting a path to CFO, Darrell's experience and advice offer a roadmap to smarter, more strategic finance.

Easy Strategic FP&A:

Introducing BEZ (BE EASY), with Agentic AI capabilities to maximize FP&A’s strategic impact. Automate complex FP&A processes and have a conversation with your data. Modern FP&A can Be Easy.

Learn more at: https://bit.ly/3H0Dqpp

Follow FP&A Tomorrow:

Newsletter - Subscribe on LinkedIn - https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=6957679529595162624 

Follow Darrell:

LinkedIn - https://www.linkedin.com/in/darrell-cox-547a461/?originalSubdomain=ca

Website - https://unasoftware.com/

Follow Paul:

Website - https://www.thefpandaguy.com/

LinkedIn - https://www.linkedin.com/in/thefpandaguy

Earn Your CPE Credit

For CPE credit, please go to earmarkcpe.com, listen to the episode, download the app, answer a few questions, and earn your CPE certification. To earn education credits for the FP&A  Certificate, take the quiz on earmark and contact Paul Barnhurst for further details.

In Today’s Episode

[04:08] - What Great FP&A Looks Like

[06:54] - Enabling the Finance Team

[09:12] - Finance Career Insights

[12:04] - Overview of Una's Mission and Vision

[18:48] - Building a Revenue Forecast

[24:00] - Ideal Revenue Data Inputs

[27:18] - Counterintuitive Data Insights

[32:58] -  Partnering with Sales

[42:53] - Career Growth in FP&A

In this episode of Future Finance, host Glenn Hopper and co-host Paul Barnhurst welcome Nicolas Kopp, a visionary leader in the AI-native ERP space. Nicolas shares how AI is transforming finance operations by offering real-time visibility, automation, and a path to zero-day close. He explains how AI integration redefines financial workflows, from data ingestion and processing to output, offering a more streamlined approach compared to traditional systems.

Nicolas Kopp is the founder and CEO of Rillet, the AI-native ERP designed to automate accounting and close books faster. Backed by Sequoia, Rillet empowers accountants by integrating AI seamlessly into financial workflows. Previously, Nicolas served as the US CEO of N26, a fintech bank valued at $9 billion, where he played a key role in leading its expansion into the US market. Prior to N26, he spent five years in investment banking at Morgan Stanley. Nicolas holds a BA from the University of St. Gallen in Switzerland and an MSc in Accounting from the London School of Economics.

Expect to Learn:

• The difference between AI-native ERP systems and legacy systems
• How AI is transforming data ingestion and transaction processing in finance
• The role of AI agents in automating finance workflows, from cash transfers to accruals
• Why legacy systems struggle to integrate AI and how ReLit does it differently
• The typical implementation process for AI-native ERPs and how it compares to traditional ERP rollouts

Nicolas Kopp provided an insightful look at the future of finance and the potential of AI-native ERP systems. His work with ReLit showcases how AI can transform finance operations, offering real-time visibility and automating complex workflows. From narrowing the scope of AI agents to building smarter systems, Nicolas’ insights are invaluable for finance professionals looking to leverage AI for operational success.

Follow Nicolas:

LinkedIn - https://www.linkedin.com/in/nicolas-kopp/

Website - https://www.rillet.com/

Join hosts Glenn and Paul as they unravel the complexities of AI in finance:

Follow Glenn:

LinkedIn: https://www.linkedin.com/in/gbhopperiii

Follow Paul:

LinkedIn -  https://www.linkedin.com/in/thefpandaguy

Follow QFlow.AI:

Website - https://bit.ly/4i1Ekjg

Future Finance is sponsored by QFlow.ai, the strategic finance platform solving the toughest part of planning and analysis: B2B revenue. Align sales, marketing, and finance, speed up decision-making, and lock in accountability with QFlow.ai.

Stay tuned for a deeper understanding of how AI is shaping the future of finance and what it means for businesses and individuals alike.

In Today’s Episode:

[01:10] - What Makes an AI-native ERP?

[03:22] - Integrating AI into Legacy Systems

[04:51] - Exploring AI Agents in Workflows

[07:24] - How Close Are We to Autonomous AI Agents?

[11:31] - The Challenge of Quick ERP Implementations

[15:45] - Celebrating Success and Sequoia Backing

In this republished episode of the Financial Modeler’s Corner, host Paul Barnhurst revisits the intricate world of financial modeling with returning guest Christopher Reilly. The conversation centers around what is necessary to build robust financial models, highlighting the importance of three-statement models and cash flow forecasting. The episode is filled with practical insights, advanced techniques, and professional experiences that underscore the significance of simplicity, accuracy, and best practices in financial modeling.

Christopher Reilly is a seasoned financial modeler with extensive experience in consulting, private equity, and financial modeling education. Starting his career during the financial crisis, Chris worked on high-profile bankruptcies such as Lehman Brothers and Rescap. His journey took him from a senior analyst role at Hilton Worldwide to a middle-market private equity firm, and eventually led to founding his own financial modeling education business. Today, he focuses on teaching and building financial models, with his work being featured by Wharton Online, Wall Street Prep, and LinkedIn Learning, among others.

Expect to Learn:

• The importance of simplicity in financial models and how over-complicating can hinder their effectiveness.
• Practical steps and considerations for building robust three-statement financial models.
• Tips for auditing models to ensure accuracy and integrity.
• How to use advanced Excel functions and shortcuts to enhance modeling efficiency.
• Insights into the role of AI in financial modeling and how it may shape the future of the profession.

Here are a few quotes from the episode:

• “All models are wrong, some are useful, and if it’s too complicated, it’s not useful.” - Chris Reilly
• “AI won’t replace modelers, but it will complement us by improving assumption accuracy and reducing bias.” - Chris Reilly
• “Use the BASE structure: Beginning, Addition, Subtraction, Ending, it’s the easiest way to audit support schedules.” - Chris Reilly

Follow Christopher:

• Website - https://www.financialmodelingeducation.com/
• LinkedIn - https://www.linkedin.com/in/chris-reilly-mission-capital/ 

Follow Paul: 

• Website - https://www.thefpandaguy.com   
• LinkedIn - https://www.linkedin.com/in/thefpandaguy  
• YouTube - https://www.youtube.com/@thefpandaguy

Follow Financial Modeler's Corner:  

• LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/?viewAsMember=true  
• Newsletter - Subscribe on LinkedIn-https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

Sign up for the Advanced Financial Modeler Accreditation Today and receive 15% off by using the special show code ‘Podcast’.

Visit https://bit.ly/497oAqW and use the code “Podcast” to save 15% when you register.  

In today’s episode:

[02:13] - Horror Story

[03:46] - Why simple models are most effective

[04:52] - Christopher’s career journey

[08:07] - Passion for teaching financial modeling

[11:31] - Why finance pros need 3-statement modeling

[14:13] - Getting started with a 3-statement model

[26:18] - Setting Up the Financial Plumbing

[32:01] - Tips for error checks & model integrity

[38:26] - Must-know Excel formulas & functions

[46:16] - How AI may shape financial modeling

[49:13] - Chris Reilly’s Financial Modeling Courses