• Building an FP&A team from 0 to 5

    Last week, somebody asked me about how I would build an FP&A team from 0 to 5.ย Here is how I would approach it. ๐—›๐—ถ๐—ฟ๐—ฒ ๐˜๐—ต๐—ฒ ๐—ฅ๐—ถ๐—ด๐—ต๐˜ ๐—™๐—ถ๐—ฟ๐˜€๐˜ ๐—ง๐—ฒ๐—ฎ๐—บ ๐— ๐—ฒ๐—บ๐—ฏ๐—ฒ๐—ฟStart by hiring someone with a broad skillset who is eager to learn and comfortable taking on everything. Strong financial modeling skills and the ability to build… โ†’

  • Launch of Sea Cloud Consulting: Strategic FP&A For Early-Stage Growth Companies

    Iโ€™m excited to announce the launch of my FP&A consulting business, Sea Cloud Consulting. When I was working full time, I always wished that I had an experiencedย resource that I could call when times were busy, either for project-based work or as a second set of hands. That is what Iโ€™m now offering. My focus… โ†’

  • 4 Strategic Approaches for Finance in R&D Management (Cost Savings 3 of 3)

    During an interview for an FP&A role at a biotech company several years ago, the head of R&D asked how I would evaluate their sizable annual R&D investment. I suggested project-level discounted cash flows (DCFs), but my answer was impractical and incomplete. R&D is often a challenging area for finance professionals, requiring a delicate balance… โ†’

  • Strategic Cost-Cutting Without Layoffs (Cost Savings 1 of 3)

    Controlling costs is a critical part of FP&A, both during budgeting and as actuals are reviewed each month.  However, catalysts such as a revenue shortfall or an acquisition may require rapid cost-cutting measures. In these cases, you need to maximize savings without compromising the companyโ€™s ability to execute its strategy and ideally without impacting anybodyโ€™s… โ†’