article thumbnail

Where Can FP&A Career Path Take You?

Fpanda Club

The emerging FP&A practice steps out of the shadow of other finance functions becoming a standalone entity which involves its own mission, goals, organization, processes, tools and skills. The list of typical FP&A activities usually includes planning, budgeting, forecasting, analysis, management reporting and performance management.

article thumbnail

Budget vs Actual Variance Analysis

BlueLight

For this piece, I’ll dive into a tactical analysis that is important to every CEO and CFO, the budget vs actual variance analysis. The variance is the difference between the budget and actual, typically expressed as a percentage difference or total cash difference. Budget & Plan are used interchangeably; they’re the same.

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

12 Best Paying Jobs in Finance in 2023

CFO News Room

And while there’s no guarantee that any job will be immune to cutbacks or layoffs, some industries weather economic storms better than others. One industry that tends to be recession-resistant is finance. CFOs typically have a deep understanding of economic theory and practice and strong analytical and problem-solving skills.

Finance 130
article thumbnail

Layoffs Create Pitfalls for Finance Executives Looking to Cut Costs

CFO News Room

The Morning Ledger provides daily news and insights on corporate finance from the CFO Journal team. If the economic outlook changes dramatically and very fast, then cuts have to come more quickly and less thoughtfully,” said Andy Challenger, senior vice president at Challenger, Gray & Christmas. Newsletter Sign-up.

Finance 100
article thumbnail

The 8 Highest-Paying Jobs in Major Banks for 2023

CFO News Room

Financial managers are the captains of the financial industry, mapping out the course for a company’s future and guiding them through tough economic times. Budget Analyst. Budget analysts fill an essential role in the banking world. Average Salary: $78,970 per year.

Banking 130
article thumbnail

Musings on Markets: Data Update 1 for 2022: It is Moneyball Time!

CFO News Room

That said, it is my experience with markets that has also made me skeptical about the over selling of both notions, since we have an entire branch of finance (behavioral finance/economics) that has developed to explain how more data does not always lead to better decisions and why crowds can often be collectively wrong.

Marketing 130
article thumbnail

Beyond the Basics: 7 Key Focus Areas for New CFOs

CFO Talks

This might involve setting aside a portion of the budget specifically for new projects or technologies, even if they carry a higher risk profile. Adapting to Global Economic Conditions and Technological Advancements The global economic landscape and rapid technological advancements present both opportunities and challenges for businesses.