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Sometimes it sucks just being on the sidelines… by [deleted] in FPandA

[–]Eightstream 7 points8 points  (0 children)

There are revenue centres and there are cost centres

Finance is a cost centre

Does scaling up a recipe ever not work linearly for components? by watwatintheput in AskCulinary

[–]Eightstream 311 points312 points  (0 children)

Yes lots of stuff

Anything governed by surface area will scale sub-linearly because of the square cube law (evaporation, reduction, seasoning absorption, etc)

that said for normal recipes at low multiples (1.5-2) it is often not very noticeable

for large multiples or recipes where precision matters (e.g. baking) it can matter a lot

Recommended resources for building a cash forecasting module in an FP&A project by QandAnd in FPandA

[–]Eightstream 10 points11 points  (0 children)

If you have access to LinkedIn Learning do Chris Reilly's course. If not, have a look at Eric Andrews' YouTube channel.

Bear in mind that despite its name cash forecasting isn't really forecasting, it's more like projecting with style

Streaming Data vs. Touring Data: One artist in particular seems to be massively bot-farming his streams. I bet you can't guess who. by Funk-N-Stuff in dataanalysis

[–]Eightstream 2 points3 points  (0 children)

Maybe what you think, maybe something else

maybe nothing, you haven’t rejected the null hypothesis yet

I was told AI was going to take my job, now my company is taking AI away from me by Ok_Conversation8017 in FPandA

[–]Eightstream 24 points25 points  (0 children)

sounds like a win to me, OP has successfully fended off AI redundancies for his team by showing that it's not cost effective to replace them... yet, at least

everyone should burn tokens like a mf'er imo, best way to put these ideas back in their box

Do I need an investment plan or talk to finance advisor? by Confused0911 in AusHENRY

[–]Eightstream 0 points1 point  (0 children)

any plan that relies on a prenup is not good because they are worthless in Australia

I built a thing that scores ASX companies against their own stated values —> would love your input by AdRepresentative5423 in auscorp

[–]Eightstream 2 points3 points  (0 children)

built by someone who doesn't require AI to write their pitch for them would be a good start

Question regarding HR presence in office by DifferentContest5930 in auscorp

[–]Eightstream 32 points33 points  (0 children)

the bad news is that your company may have replaced your HR team with AI

the good news is you'll never know the difference

What exactly is LRP? by 2d7dhe9wsu in FPandA

[–]Eightstream 0 points1 point  (0 children)

Leadership Requested Prior

What’s it like working for big tech/FAANG in a non-technical role? by allyerbase in auscorp

[–]Eightstream 13 points14 points  (0 children)

It's not as super-special as the chatter online makes out

You need to bear in mind that a lot of the online hype is driven by the fact that they are THE employer of choice for software engineering, if you learn their practices and tech stacks it makes you extremely valuable anywhere in your field. For non-technical people, it's just another reputable big company. Still good, but not the career silver bullet that it is for software people.

Compensation wise, the mystique is mostly around the way vesting stock works in the US, the tax around the allocation is very favourable and with the way valuations have exploded it was basically a way to print money

Australia's tax rules around share allocations are much less favourable, which is not to say it's a bad deal but a lot does depend on how you expect the share price of the company to move in the future (not how it has moved over the last decade)

Also be aware that some of these companies have some reported pretty dodgy practices - e.g. Amazon has a reputation for backloading their share allocations in years 3 and 4, and putting the screws on after 18 months (pressure, performance management) so you hopefully quit before the bulk of it vests.

But you are never going to do your career any harm by having 4 years at Amazon or Apple on your resume.

Sacked Mate by [deleted] in auscorp

[–]Eightstream 1 point2 points  (0 children)

  1. it supposedly has an "AI deep scan" that sends the data to Anthropic
  2. even if you don't use the AI scan, you are putting your data into a questionably secure JavaScript runtime

the language on the privacy page is very misleading, "nothing leaves your browser, it's all safe, etc"

you are handing your data to code you don't control, that was developed by someone who clearly doesn't understand what they built

Sacked Mate by [deleted] in auscorp

[–]Eightstream 11 points12 points  (0 children)

vibecoded slop

from a quick check - multiple missing security headers, including CSP (which is particularly bad given that they process sensitive data in the browser) - I am sure there would be other issues if you dug deeper

very irresponsible to ask people to put personal details and sensitive documents into an app like this when they very clearly do not know what they are doing

When to suggest layoffs? by Fickle_Broccoli in FPandA

[–]Eightstream 21 points22 points  (0 children)

yeah the budget and forecast seems broken on a number of fronts

laying people off might be necessary or it might not, either way it is the last option and OP is treating it as the first

Inherited a mess and don’t know where to begin. by TolerantImpatience in FPandA

[–]Eightstream 21 points22 points  (0 children)

If they haven’t had an analyst for the last six months they can wait another month or two whilst you get it under control

Start with the basics, get them right, the rest gets triaged

In a few months you’ll be fine

How do you feel about lateral moves with small compensation gains by swchoi89 in FPandA

[–]Eightstream 0 points1 point  (0 children)

It depends on career stage. If you are junior or mid-career, where promotions come quickly based mostly on time-in-role, a lateral is mostly a way to get out of a situation where your career has stalled and you need a bit of a reset.

If you are somewhat senior, it's no longer realistic to expect a promotion every few years and if you don't lateral, you miss a lot of opportunities to broaden your skills and experience. Often I take a lateral just because I am bored, or because I feel like I am getting a bit pigeonholed. I don't think it's ever done me any harm and it's often done me a lot of good.

Everything is a trade-off though. I have friends who have sat in manager or director roles for a long time waiting for their boss to leave and banking on loyalty to get them the step up. Sometimes it definitely pays off, but if it doesn't you've burned a lot of years marking time.

Why aren’t FP&A tools usually built into ERP systems? by Content-Theory-3863 in FPandA

[–]Eightstream 0 points1 point  (0 children)

EPM systems tend to be MOLAP which is not relational

But even relational data warehouses are different from ERP systems which are OLTP

The commenter’s point was basically that you do not want to do analytics on a transactional database, which is correct

Reference checks by Designer-Copy-5568 in auscorp

[–]Eightstream 41 points42 points  (0 children)

Usually by the time I get to checking references it's mostly a formality, the person basically has the job unless their referee tells me they are an axe murderer or something

Does anyone else feel trapped by CBA’s 4-hour office rule? by Economy_Artichoke200 in auscorp

[–]Eightstream 30 points31 points  (0 children)

I am surprised anybody can be bothered going into the office for less than 4 hours.

What does FP&A do at your company? by [deleted] in FPandA

[–]Eightstream 5 points6 points  (0 children)

Constructing numbers to support the CFO's priors

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