Remove Auditing Remove Financial Modeling Remove Strategic Planning
article thumbnail

Members’ Profile: Thobile Dlamini

CFO Talks

Financial Acumen : A deep understanding of financial principles, reporting, and analysis is fundamental. This includes proficiency in budgeting, forecasting, and financial modelling to make informed strategic decisions. Additionally, focus on developing strong leadership and communication skills.

CFO
article thumbnail

Where Can FP&A Career Path Take You?

Fpanda Club

Planning relates to determining the company’s short-term (1-year) and long-term (3-5 years) objectives. Budgeting is a type of short-term planning whose goal is to transform strategic objectives into an operational plan by allocating available resources.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

The 5 Best Corporate Performance Management Software

Spreadym

It involves a set of processes, methodologies, metrics, and systems designed to help businesses effectively plan, monitor, and manage their performance to achieve their strategic goals and objectives. Budgeting and Forecasting: CPM involves the creation of budgets and financial forecasts that align with the strategic plan.

SAP
article thumbnail

Finance vs. Accounting

CFO Simplified

Preparation for annual audits. Finance is strategic, accounting is tactical. At CFO Simplified, we make the strategic insights that big companies have at their fingertips available to small to mid-sized companies. . Roles and Responsibilities in the accounting department include: Maintaining the books (Bookkeeping). The Upshot.

article thumbnail

Beyond the Basics: 7 Key Focus Areas for New CFOs

CFO Talks

They play a crucial role in strategic planning, risk management, and driving innovation, extending their influence far beyond the finance department. Building Flexible Financial Models: The ability to quickly adapt to changes is a competitive advantage.