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Articles

How Can Management Address the FP&A Talent Gap?

  • By Nilly Essaides
  • Published: 10/13/2015
FPAguidetalent

Four drivers are making it harder for CFOs and senior financial planning and analysis (FP&A) professionals to find new talent:

  • The growing unpredictability of the business environment
  • The expanding role of the finance profession
  • The advent of big data
  • The evolution of new technologies.

Combined, these four forces highlight the growing talent gap between what hiring managers are able to find and the kinds of skillsets they want to acquire. AFP’s latest FP&A Guide, Addressing the FP&A Talent Gap, is designed to offer a clear view into the challenges FP&A departments face today, through conversations with experts and six practical case studies detailing how practitioners are facing the challenge posed by the talent gap—and finding solutions.  

As the business and financial environments become more volatile, FP&A professionals must become comfortable with being uncomfortable. Finance chiefs increasingly want to hire FP&A staff with a lot more than Excel and analytics skills. The role of FP&A is to serve as the CFO’s right hand, to drive business change, and to ask the tough questions—which requires new competencies, including knowledge of operations, influencing abilities, business partnering and soft communication skills.

Download the FP&A Guide, "Addressing the FP&A Talent Gap."
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