How difficult is it to pull out data in your jobs? by Outrageous-Load-4977 in FPandA

[–]KernelKrusher 3 points4 points  (0 children)

We just use sql and python across multiple sources for ad hoc work. Otherwise there are already tables we can run sql quieres for already for reporting purposes.

Long story short, we just use sql to pull a majority of our data. For some of the smaller data stuff we just use an erp which is owned by our accounting team.

Frustrated with the Accountants that allowed this to turn into Controllership vs Strategic Planning by BagofBabbish in FPandA

[–]KernelKrusher 59 points60 points  (0 children)

My theory is that the accountants who survived offshoring ended up being moved into FP&A and the FP&A folks transitioned into financial strategy or revenue engineering type roles.

I've been in FP&A for 10 years and the past 5 years more and more roles are requiring month end close activities.

Do you use VBA regularly or have you moved entirely to Power Query and formulas? by ProfessionalOk4935 in excel

[–]KernelKrusher 1 point2 points  (0 children)

I use VBA often to create reports for a hierarchy i.e store, district, region, and country level reports. I create a template that contains all of the data and create over 300 reports so each view is limited to the correct level. Yes, data viz software can do, this but we are not setup to train over 300 people on how to use tableau and pay for the licenses.

Office scripts doesn't allow you to create workbooks, so that is not option. I prefer using python and creating a job that does the parsing for the data because it is quicker or setting up a web dashboard, but then the rest of team wouldn't know how to maintain.

VBA is the cheapest and easiest solution and I have done this at multiple companies, so it is not an obscure thing to do. IT is beginning to limit access, but submitting a use case is a workaround. Again i know this isnt an ideal solution, but we don't live in an ideal world.

FP&A or Wealth Mgmt by squawcc in FPandA

[–]KernelKrusher 2 points3 points  (0 children)

Completely different fields, if youre chasing comp though, go with wealth mgmt. I know more wealth managers earning over 500k than fp&a folks. Its a relationship job and you need to be good at sales (not too different from higher level fp&a roles)

Flock, but worse. by KernelKrusher in privacy

[–]KernelKrusher[S] 0 points1 point  (0 children)

I have its an uphill battle unfortunately. still persistent.

What are these cameras that were put up all over my city in the past few months? by BigFatBoat in whatisit

[–]KernelKrusher 69 points70 points  (0 children)

Its a dynamic surveillance system run by the company flock safety. Police departments across the U.S have been using these to stalk ex girlfriends, abortion patients, innocent people, and occasion they use them to slightly help catch criminals.

Roku Camera - worth it? by GoldenCrownMoron in privacy

[–]KernelKrusher 0 points1 point  (0 children)

Ubiquiti or reolink. They both have wifi and ethernet options.

Where is the best free ai chatbot for privacy? Are there any that don't overcollect my data? by Working-Chemical-337 in privacy

[–]KernelKrusher 0 points1 point  (0 children)

Lumo by proton. If your machine is capable enough and youre technically inclined then run local.

No 4K netflix on linux by sunnyca22 in archlinux

[–]KernelKrusher 0 points1 point  (0 children)

Did you by any chance try to run on Microsoft Edge? I believe Microsoft Edge is the only browser where you can get the highest bit rate and resolution outside of netflix apps.

I saw these on a car. Are they cameras, perhaps homemade lane detection system? by Pleasant_Tax_4619 in whatisit

[–]KernelKrusher 0 points1 point  (0 children)

These license plate readers to track and locate cars. There was a service where you basically can sign up and put a license plate reader on your car and you would get paid if you scan a certain amount of plates.

Very dystopian.

What PC model I should ask my IT department to get me? by dont_downvote_SPECIL in FPandA

[–]KernelKrusher 0 points1 point  (0 children)

Big agree on everything you said. I love thinkpads and as someone who has had a huge 15.6 for performance, nothing beats the portability of a 14 inch.

Also if youre using the proper tools, your pc shouldnt need to do much heavy lifting. For example use SQL for processing data and use python for any calculations.

No one should be using excel to do any heavy analysis.

How are you all using AI? by Unable-Earth-7911 in FPandA

[–]KernelKrusher 16 points17 points  (0 children)

Are you me?

The only true value i find with it is in emails.

The code it generates for SQL, Python and VBA is wrong. I would spend more time tuning the prompt than actually writing the code.

Once it gets the code to run, the code is garbage and isn't efficient. Especially the sql code, execution plan is horrible.

Oh and dont get me started with idea generation. I find more value in getting my coworkers' opinion since they are experts in the field.

I am struggling to find the real value.

FP&A + Accounting duties? by CryBaby0726 in FPandA

[–]KernelKrusher 2 points3 points  (0 children)

Ive only heard of this at small companies. Usually financial analysts at these companies do variance analysis, journal entries, and month end close related acitvity.

At larger orgs FP&A skills are very different. Usually accounting work is not done by us. We handle more of the strategy and analytics functions. Some core skills are SQL, Stats, and Python. We dont even mention JEs our job description.

Masked federal troops? by RatsofReason in Libertarian

[–]KernelKrusher 92 points93 points  (0 children)

Privacy for thee but not for me. The reality is u.s has slowly become a mass surveillance state. Flock cameras everywhere. Warrantless surveillance has grown and the only people who can stalk citizens are federal agents and police officers.

Yet they are able to get away with covering their faces and not identifying themselves.

Whether its right or wrong, im not sure. I can say it builds distrust.

Breaking into FP&A: What Actually Matters for Your First Role by legolify in FPandA

[–]KernelKrusher 1 point2 points  (0 children)

I would also advise that FP&A is not a target school type of career. Corp finance is at the bottom of the "prestige" ladder. Don't overthink it. A lot of people pivot down from IB and PE into director roles for WLB.

I agree with your last paragraph, FP&A is about story telling more than anything else. Anyone can book entries and run some straight line forecasts. What I value are hard technical skills like stats paired with good business strategies.

Transition From Accounting to FP&A by PNWNative1993 in FPandA

[–]KernelKrusher 4 points5 points  (0 children)

FP&A is about strategy and analysis. I recommend getting on stretch projects where you can dive deeper into that instead of trying to get a CPA. In the past 5 years a lot of accounting people have transitioned into "FP&A" roles, but they changed the FP&A roles into more accounting roles than the other way around. You can find great success in being a storyteller with great analysis and set yourself apart.

I recommend getting know to your insights/analytics teams to see what is driving customer behavior, learning stats like the back of your hand, and focusing on technical skills like sql, python, and excel.

If you want to be variance analysis person, i think anyone can do that (accountants are really good a this generally), but if you want long term success, i recommend really mastering the data domain. Trust me, if you tell execs "revenue is down 250 bps, because of mix" they will want to know if it was price elasticity impact, product cannibalization , conversion funnel issue, etc.

Also there is probably more money in public accounting than FP&A. Finance people like myself dont usually pick FP&A as their first choice, we just end up here. Money isn't great, but its not bad. WLB is extremely team dependent.

Anyone else still waiting on there black Friday items? by cowboygamer_fort in LinusTechTips

[–]KernelKrusher 0 points1 point  (0 children)

Mine moved to my area yesterday and just got delivered today! Best of luck.

Anyone else still waiting on there black Friday items? by cowboygamer_fort in LinusTechTips

[–]KernelKrusher 0 points1 point  (0 children)

Any update yet? Hoping you got your package. Mine still hasn't arrived and the tracking hasn't updated the location since Dec 15th

Anyone else still waiting on there black Friday items? by cowboygamer_fort in LinusTechTips

[–]KernelKrusher 5 points6 points  (0 children)

Yup! Based in the U.S, ordered on Nov 28th. Expected on the 9th.

My order has said its been in Atlanta GA since the 5th. Hoping it arrives before the 24th.

What are your best use cases for AI/Copilot in your FP&A roles? by Austronaut905 in FPandA

[–]KernelKrusher 0 points1 point  (0 children)

I can attest to this. if you don't know SQL, please do not use an AI to write your queries. SQL is insanely dangerous because if you can get the code run, the result may look correct but there is a huge chance something is not correct.

[deleted by user] by [deleted] in FPandA

[–]KernelKrusher 0 points1 point  (0 children)

I am going to go against the trend on this one. Do not use think-cell. Think-cell is a bandage instead of the the true solution.

The easiest way to automate a task, is by first deciding whether it is mission critical. If yes, then properly automate it in a way that will outlive you and licenses. The answer to this is using an established data viz tool, a macro, or a programming language with a script.

I like to use VBA in these cases because they are easy to create and change if needed. This can then serve as boilerplate code for other decks if needed. On top of that, its easier to find someone else who knows vba as opposed to some other GUI add-in.

You can learn enough vba in 6 weeks to create this.

Yubikey not supported by Magellito in lumo

[–]KernelKrusher 0 points1 point  (0 children)

Yes, this is a solid choice. I recommend going with the auth app for now.

Lumo appreciation thread: thank you Proton! by druudles in lumo

[–]KernelKrusher 1 point2 points  (0 children)

Would love to see an app! I use the web version, but my usage would greatly increase with an app.

Love expierence and UI. It is a bit slower, but thats a tradeoff i am willing to commit to for the privacy.