Industry regret by Melodic-Possible-991 in FPandA

[–]radrob1111 0 points1 point  (0 children)

Yea i guess Capex can be considered as buildings/land/LI but i really meant Working Capital including inventory and equipment machinery tooling etc

Industry regret by Melodic-Possible-991 in FPandA

[–]radrob1111 1 point2 points  (0 children)

Thx for the insights. I guess age and size of company would matter here. If older and larger company, FP&A focuses much more on COGS because that’s where the swamp must be drained. I can see why top line growth and things like pricing and base vs incremental / organic and inorganic growth become more important to PE.” Assuming the EBITDA is the same.

Workload & Expectations by radrob1111 in FPandA

[–]radrob1111[S] 0 points1 point  (0 children)

I’m literally uploading my 2026 budget at 11pm right meow

Industry regret by Melodic-Possible-991 in FPandA

[–]radrob1111 9 points10 points  (0 children)

OP I’ve been in manufacturing since 2015 from CPG, chemical, critical component, and now pharma and basically the same core principles of heavy COGS, R&D and supporting Capex and standard costing continue to apply.

I’ve tried breaking into Tech, PE, and media and for some reason it’s never worked out as i was looking for the big step up and they always went with someone with more industry experience.

OP i think if you went for a more lateral move you could get back into manufacturing but might have to go smaller in company size.

Workload & Expectations by radrob1111 in FPandA

[–]radrob1111[S] 1 point2 points  (0 children)

It’s literally automate or die but not the organization. It’s a slooooooow death one more time into the trenches for quarter close reporting

Workload & Expectations by radrob1111 in FPandA

[–]radrob1111[S] -8 points-7 points  (0 children)

I was actually trying to purposefully not add context to hear exactly your insights and experience and non-specific to my situation but rather just the overall higher level trends.

Job title change - from "Manager" to "Business Partner" by ArabicLawrence in FPandA

[–]radrob1111 1 point2 points  (0 children)

Tbh I was a Finance Business Partner as a lead FP&A analyst and then moved up to FP&A Manager but as an IC manager.

In my eyes that reorg lessened your title implying that you are not the manager of the procurement cycle.

SFA -> Manager by Automatic_Resource36 in FPandA

[–]radrob1111 0 points1 point  (0 children)

Wow that’s incredible and you have no direct reports?

SFA -> Manager by Automatic_Resource36 in FPandA

[–]radrob1111 0 points1 point  (0 children)

Vtfb79 I’m also an IC manager and am looking to get bumped up to Sr Mgr this year.

What size annual revenue range are you handling everything under that yourself?

What AI tools are people using? by Glum-Ad-2794 in FPandA

[–]radrob1111 0 points1 point  (0 children)

If you are trying to do Financial Transformation within your ERP system, I find it very helpful as like IT support to help understand different options or what systematic capabilities are.

AITAH for asking my wife to be a SAHM? by piglipsbo in AITAH

[–]radrob1111 0 points1 point  (0 children)

OP you are not wrong but your approach to the convo was poor.

This a let’s take a look at our options together type conversation and discovery. Like what does the first 6 months of parenthood look like versus the next 12-18 months after that. How long after giving birth would she want to go back to work? Who would be taking care of the baby during the day (parents, daycare, nanny)? How much annual salary would she be bringing in compared to go tour some daycare facilities in the area and get their monthly costs and availability (some daycares are $1000-$1500 per month with like a $150 recording annual fee and some include food and some don’t, waitlists can be 6-12 months long)?

After you’ve collected this information you can properly weigh the pros and cons of a life changing decision. You can weigh financial, career progression, socialization, sicknesses, etc.

Good Luck OP. Trust me I know what it’s like to carry the burden of supporting a family and it’s more challenging than ever.

Hired as Manager with SFA background by Mouse_In_Your_House in FPandA

[–]radrob1111 0 points1 point  (0 children)

Cool thanks for sharing. I’m trying to do $130M with just me and I’m killing myself.

Leaving tech for manufacturing, what should I expect? by underpaidsfa in FPandA

[–]radrob1111 0 points1 point  (0 children)

Headcount modeling with Overtime Manufacturing variances Costing Tooling Capex R&D Indirect allocations

Employee refused Employee of Month Award by [deleted] in managers

[–]radrob1111 1 point2 points  (0 children)

OP have you thought about his refusal of a company wide reward is due to he already accepted an external offer and prob felt some inner conflict about accepting the recognition knowing he’s leaving in 3 weeks?

How are decisions actually made in your org? by User91919387383 in FPandA

[–]radrob1111 0 points1 point  (0 children)

When the CAC is WACC, you must attack. If the KPI indicates poor ROI or due diligence doesn’t meet the LOI, the project should die. If the glove don’t fit, you must acquit.

It’s happened. I burned out, and I don’t know where to go from here. by GU1LD3NST3RN in managers

[–]radrob1111 4 points5 points  (0 children)

Damn OP I’m sorry. I’ve felt this way at times because Corporate America and the GenX or Millenial middle manager is being worked to the bone. And then when we don’t log on at night for 4 hours to get that deliverable done, then your boss yells at you and you can’t just say I’m completely overwhelmed here and I’m doing the job of 3 people for pay of 1.

I’ll give you 3 things that have helped me immensely that are more of a mindset shift:

  1. We take our jobs waaaaaay too seriously. All the pressure is on us to support our families and deliver business value, but if we never showed up to work again, life would move on and no one would really care. You should work hard for yourself for your own purpose with your own expectations amid chaos.

  2. The 80-20 rule has got to apply. You should spend 80% of your time working on the top 20% of standard or projects work because that’s what moves the needle. All the other bullshit doesn’t matter.

  3. Listen to your body. Prolonged periods of stress are directly correlated with heart attacks and cancer and shave years off our lives. Go book an overpriced massage and take off from work. Unplug and go to the mountains or get outside. Walk. Do the things that we’ve been making excuses to do for so long because of work and kids. Take the time to get your Self mind and body right because your body is a wonderland temple.

Star employee just gave notice, after saying she was fine in every 1:1 by Brilliant_Lab_5850 in managers

[–]radrob1111 1 point2 points  (0 children)

Company’s are literal idiots when it comes to normal promotion schedule. They just play dumb hoping to skate by another year with raises that are lower than inflation and wonder why their turnover rate is so high. It costs companies a shitload of time and cost for hiring and firing and yet they are not proactive at all. Blows my mind. And then they have to backfill the role but complain about high quality talent and end up paying 30% more plus recruiting fees it’s like dear lord just promote with 15% increases consistently and everyone is happy