(Ed. Note: FP&A Newsletter
asked Travis Lockhart, manager of financial planning and analysis with IMC and one of the first applicants to pass the beta FP&A
Certification exam, to give his thoughts on the process. The full list of certified FP&A professionals can be found here.)
definitely believe that the FP&A Certification makes me more marketable, in
addition to providing a great benefit for my company. I was very excited to
learn of this exam and eventually earn a membership in the inaugural class of
FP&A Certification holders.
FP&A exam is, of course, specific to FP&A—something that no other exam
has yet accomplished—and the content is very relevant to the everyday job of
FP&A professionals. I’d also like to think that FP&A exists, or can
exist, at any company, which provides for a large variety of employment options
and opportunities. The FP&A profession is great, too, because it is all
around the organization—and that keeps the work dynamic and fun.
passing the FP&A exam definitely provided a sense of validation for my
skills. I believe that the FP&A Learning System will also be useful by
acting as a standard for the profession—a consistent resource to reference for
those who speak the same language, or for those who desire to.
also strongly believe that this certification is an up-and-coming hallmark for
the FP&A profession, and will ultimately serve as the relevant standard of
the FP&A Certification
responsible for financial planning and analysis need to be able to understand
the business impacts of decisions and to use this information in a strategic
manner. As is often the case with finance, the story is not all about the
numbers, but much more. You need to transform data into something you can
work with, develop insights to tell a story (so you need to have a mindset for
analysis), and then you need to be able to effectively communicate that story
in an understandable way to leadership.
professionals analyze information and trends, evaluate opportunities, and
communicate projections with business leaders to ultimately help businesses
grow and succeed.
FP&A Learning System teaches you to gather and transform data, to analyze
and project this information, and to effectively communicate findings, in
addition to providing an understanding of relevant underlying
concepts. The FP&A Certification also focuses on a commitment to
education and staying current in the industry, per the professional development
Travis Lockhart, FP&A, CTP, is manager of
financial planning and analysis, IMC.