Tuesday Jun 21, 2022

Kenneth Fick: FP&A as Influence without Power

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

Read the Full Program Transcript

Watch the Full Episode on YouTube

To suggest a great guest for the show, or if you would like to be the FP&A Pro being interviewed contact jonathan.m@datarails.com

Comments (0)

To leave or reply to comments, please download free Podbean or

No Comments

Copyright 2022 All rights reserved.

Podcast Powered By Podbean

Version: 20241125