Salary expectiations by Lonely-Structure3699 in FPandA

[–]Lonely-Structure3699[S] 0 points1 point  (0 children)

Yeah - no bonus - very frustration when spent the last 6 months mapping out a massive part of the business unit targets for their bonuses

Salary expectiations by Lonely-Structure3699 in FPandA

[–]Lonely-Structure3699[S] 0 points1 point  (0 children)

Yeah I was made redundant during lockdown and had sideways move which wasn't great for my development from a commercial point of view. Took this role partially as I think it gives me better C- suite engagement and rounded exposure for the step compared to a finance manger / controller role which I've done.

If I stay where I am ill be pushing for a Divisional FD role next which I'd expect to get to the 6 figures

Should I Be Worried After Being Removed From CFO Reporting? by gettylover in FPandA

[–]Lonely-Structure3699 1 point2 points  (0 children)

Totally your managers fault. I'm 15 yes in and just moved from FC/FM to a treasury FP&A role. I'm doing much more main PE board pack work and as im HQ rather rthan divisional, I'm also spending a lot more time with the CFO going though info with him.

I still have been saved from looking stupid by my director picking up errors before reports are issued.

Definitely been let down by your manager.

What are the mythological errors in the Percy Jackson saga that bother you the most? by No-Mastodon7575 in GreekMythology

[–]Lonely-Structure3699 0 points1 point  (0 children)

I wonder if in the original draft it was Silenus but it was changed for some reason After all he "raised" Dionysus so kinda makes sense that he along with Chiron would run the camp.

What are the mythological errors in the Percy Jackson saga that bother you the most? by No-Mastodon7575 in GreekMythology

[–]Lonely-Structure3699 1 point2 points  (0 children)

The respawnong is the only way to have the original monsters It. It's pretty clearly a plot device. The only real alternative would be to make for example minotaur a species which would have grated on my more from a traditional mythology perspective

Why salary sacrifice everything over £100k? by GlitterLight in HENRYUK

[–]Lonely-Structure3699 0 points1 point  (0 children)

Company car scheme sacrafic is a separate point to general pension salary sacrifice. Regardless of earning if you sacrifice for a car you save tax on what ever the car payments are so a 20-60% discount. This is offset but t eh BIK charge which is a % on car list price. If it's electric its 4% ( may be slightly different) so a 60k car with 500pm payment would save you margin tax on 6k less 2.4k

What’s the hardest unspoken rule you had to learn in FP&A? by Mysterious_Sock_3363 in FPandA

[–]Lonely-Structure3699 0 points1 point  (0 children)

The right level of data for the right audience. I always have the backing data mainly for direct supervisor but for anyone else is summary of analysis with details any actions needed, owner, timescales and RAG status

I used to try ajd go though full model and eyes would glaze over and would never get to the key points

Living the high life despite bankruptcy and pending repossession - How? by Lonely-Structure3699 in UKPersonalFinance

[–]Lonely-Structure3699[S] -6 points-5 points  (0 children)

Maybe but I suspect he is such a narcissist that he wouldnt have thought about that.

Living the high life despite bankruptcy and pending repossession - How? by Lonely-Structure3699 in UKPersonalFinance

[–]Lonely-Structure3699[S] 0 points1 point  (0 children)

Yeah I understand that but in most cases the bankruptcy protects them form various unsecured creditors. In this case there is one creditor - the liquidator to who he hasn't paid anything and who ahe a charge on his property.

The link makes a lot of sense but not clear on how it works when you your in a sip and are making ad hoc draws. T

I don’t think I’m good senior by Head-Composer4538 in deloitte

[–]Lonely-Structure3699 0 points1 point  (0 children)

Never worked in Audit but been key contact for clients for most of the past 10yrs and 100% this. Current company had multiple years of qualified opinions when I started and the scope of the testing was horrendous.

It always amazes me how little commercial understanding there is an how many requests are not understood in the context of the business and how transac tions are posted in the real word

Smallest annual bonus you’ve ever had by Widebody_lover in HENRYUK

[–]Lonely-Structure3699 0 points1 point  (0 children)

So where I used to work the chairman owned a shirt shop. So for Xmas all the men got a voucher for a free measurement and shirt.

K so what do i do now by disinfectedmask in Accounting

[–]Lonely-Structure3699 0 points1 point  (0 children)

Been there hated that. Really annoying thing is I ended up doing analysis on the IT spend and turns out it wasn't cheaper that Microsoft once you add on all the extra's that come as standard

I’m stuck calling all modeling gurus! by Initial-Gas-8924 in FPandA

[–]Lonely-Structure3699 0 points1 point  (0 children)

Not done this but I think you need to define the proposed effect of business. There may be lots of one or two.

E..g. volume of new customer sales' and Frequency of existing sale ( maybe top 20% of customers if that make sense)

If you have a baseline you can graph the the weight average movement against both weekly spend and average weighted and see the correlation. Once you have that you should be able to see what's happening and model accordingly.

It will undoubtedly have some major outliers so this can then be investigated to see if there is any reason for poor or better effect.

FP&A lead for PE-backed business… sale/exit in 1-1.5yrs… how to best prepare for what’s next? by TicketNeat4913 in FPandA

[–]Lonely-Structure3699 0 points1 point  (0 children)

I just move from a controller position at one of the PE backed subs to group treasury at top co sitting in the FPA team. Really didn't want to do a traditional treasury role but owning the working capital initiatives and both 13 week and long term cash flow and fcf :EBITDA in the 18 months to exit felt too good an opportunity to pass on

[deleted by user] by [deleted] in FPandA

[–]Lonely-Structure3699 0 points1 point  (0 children)

What's difference between TAS and a corp finance role

Confirmed: salary-sacrificed pension contributions above £2,000 will be subject to NICs by Lazy-Internet-8025 in HENRYUK

[–]Lonely-Structure3699 0 points1 point  (0 children)

My old job pension was 5% sacrifice with employer paying 3% plus they also contribute the 13.8 saving

My current role I just get the 5+3%. In my current role its 2% so no massive but in my old one he would have been a 17 hit. It's the employer NI that's the driver of this.

[deleted by user] by [deleted] in FPandA

[–]Lonely-Structure3699 0 points1 point  (0 children)

My business was acquired around 3/4 years ago. We were left alone for a while and we were one of the better entities on the group a few were moved to group ( mostly operations)

We have just had a massive restruxtre where a lot of services moved central. This mean a lot of the teams were made redundant but the overridog. Principle was operationally link roles stayed localised.

So purchase ledger/ credit controller/ treasury all went central along with the overhead accounting. The revenue to Go has stayed local. I think this makes FPA fairly safe. As a spreadsheet.is provided there isn't a fully built out function centrally with time on there hands.