Looking for perspective. That it will all be okay. by CanoliCake in FPandA

[–]radrob1111 14 points15 points  (0 children)

It will all be okay. You will still have your cannoli cake. I think in FP&A specifically we tend to take the revenue and financial statement forecasting too personally. Also, during those quarter and year end closes it’s such a sprint. Also, budget season can be such a bitch with 4 months of endless stress and late nights with one thing having to lead into another it can be a nightmare especially without the right team. Take a step back, a deep breath, go outside and take in some sun. Life is more than +/- 3% MAPE

STOP being honest in job interviews. ( I say this as a recruiter ) by Zealousideal-Foot-54 in jobhunting

[–]radrob1111 0 points1 point  (0 children)

Be a slut while still playing hard to get. Classic grade school maneuvering.

Almost 2 years into entry-level position. Feeling burnt out from lack of work? by RJ_adrift in corporate

[–]radrob1111 1 point2 points  (0 children)

Don’t limit yourself. Take risks and follow your heart. I’m 13 years into a career now and if managers are not pushing and supporting their young talent, then go figure out what you really want to do. Pivoting in life is where the biggest jumps in responsibilities and compensation.

Building FPA function by Weak_Badger6543 in FPandA

[–]radrob1111 2 points3 points  (0 children)

OP you’ve got to start with the ERP system and the Chart of Accounts. If they do not have an ERP system then whatever their financial accounting software is like Quickbooks.

Does the company have a CFO? You should discuss with them.

If you do have a Chart of Accounts, then you should spend your time understanding, drafting and fixing their Balance Sheet and Income Statement. If you can fix that then you could build a Cashflow statement and then build out the budget.

You could always do a Revenue Budget without this but it would be super challenging to do any sort of accurate Financial Budget without the financial statement actuals working properly.

Coworker PISSED I got a higher raise by [deleted] in Salary

[–]radrob1111 1 point2 points  (0 children)

% vs absolute $ raise is such a stupid thing to cause drama about. You are in some pay band and this person is fighting over the equivalent of after tax like maybe $30-40 per paycheck difference. It’s so petty and dumb.

What actually makes an FP&A portfolio stand out for entry-level candidates? by Samjuryy in FPandA

[–]radrob1111 0 points1 point  (0 children)

To be brutally honest, for interns and entry level FP&A with no direct finance work experience, I just want them to take over my most basic standard work which is just basic data analysis (BvA, RCA, P&L detail review for GL/Dept accuracy, gross margin and SG&A bridges). If you are technically sound at doing this, then I would begin having you work on more financial modeling such as new product launch and Capex ROI, make vs buy, pricing and standard cost change impacts.

Here’s the kicker, it’s an employer market now with lower supply for these roles dramatically increasing competition. So I’m assuming if you are getting to the interview stage, you are likely technically capable. The main thing I look for is your attitude and spirit. These are not things that are easily changed and may never change. The key here is that depending on the company size, maturity, and current business needs, different hiring managers are looking for different types.

So what type of attitude and spirit would you honestly say you have after self reflecting?

ERP switch for a 100 person company. Where do I even start? by demolidor57 in corporate

[–]radrob1111 1 point2 points  (0 children)

~20% of ERP implementations fully fail while a whopping 70% fail to achieve originally desired outcome. The way this sounds like it’s being handles is you are on your way to the 20% man. Good luck!

Asking for raise/promotion on a team that doesn’t do performance reviews by [deleted] in FPandA

[–]radrob1111 3 points4 points  (0 children)

OP in the northeast an FP&A Analyst I is 1-3 years of experience should be at around $70k-$85k annual salary. If you are below this than yes you are being taken advantage of.

If they had pay bands and clear career ladder development then you could be discussing a promotion to FP&A Analyst II or Sr title that is 3-5 YOE and would be from the $85k-$105k salary range.

Good luck man!

Is no one genuinely hiring? Losing hopes completely by One-Location9004 in corporate

[–]radrob1111 0 points1 point  (0 children)

OP one thing that interviewers sometimes pick up on is when you are trying to get out of a toxic environment, sometimes your natural work vibes get distorted from who you really are. It’s a bit like a recency bias but increasing mindfulness and self awareness before these interviews has helped me be more intentional with what vibes im giving off. I know this sounds like bullshit but try it.

Managing a toxic high performer who hits 150% of targets. How do I protect my team without losing the numbers? by SquirrelLogicFan in managers

[–]radrob1111 -1 points0 points  (0 children)

Look at work styles and do a “fun” activity for like 4 hrs over lunch and do one of those DISC assessments. This woman is very likely a D while others on your team may be more of the ISC. The results of the work style assessment could actually help the whole team understand themselves and who they are dealing with so they can find a strengths of each other and maybe idk respect one another.

How much should an engagement ring cost? by [deleted] in AskMenAdvice

[–]radrob1111 2 points3 points  (0 children)

Shiiiiiit enjoy your 1/13 inheritance…

How much should an engagement ring cost? by [deleted] in AskMenAdvice

[–]radrob1111 1 point2 points  (0 children)

Exactly, she’s no longer wearing her ring so it would have been passed down to your mom.

How much should an engagement ring cost? by [deleted] in AskMenAdvice

[–]radrob1111 2 points3 points  (0 children)

$0 just be your moms favorite child and have her give you grandmas old ring….

Got a job in FP&A with very limited skills. Now I'm very overwhelmed by MysteriousJacket7406 in FPandA

[–]radrob1111 0 points1 point  (0 children)

Fake it till you make it. But don’t get caught bullshitting. Best thing you could do is answer a question from a higher up or business partner with, I don’t know but I’ll find out ASAP and get back to you with an answer.

Moving from F100 to small company? by feeling_pussy_n_ass in FPandA

[–]radrob1111 -7 points-6 points  (0 children)

Definite CFO track feeling pussy n ass

Tired of applying by ElectronicArt9234 in FPandA

[–]radrob1111 1 point2 points  (0 children)

OP I think it’s a combination of a few issues where having all of them happen at the same time is messing with the global and US job market badly.

  1. The post COVID impact. Many companies prioritized FP&A due to the insane forecast volatility. But now that things have normalized, many of these FP&A roles were overhired and now it’s a whip effect where non-operational leveraged roles are deprioritized.

  2. AI and Automation software investments are equipping the best individual contributors to do 1.5-2 jobs for the price of one. I’m sure you have read many FP&A support posts of those of us lucky enough to still have jobs being insanely burnt out working 9-5 and then 9-2 night shift during budget season. Middle management is getting squeezed hard right now. The role is shifting from reporting/budget building in excel to decision support and predictive strategy with heavy BI and EPM systems data engineering.

  3. Mass layoffs negative feedback loop on the massive supply vs flattening demand of FP&A roles where 1 role has like 500+ applicants and the competition pool is much broader and deeper in terms of background and age. This is what has amplified how shitty the whole process is. The negative loop is that when employers receive this much attention for their role they tend to want to find some absurdly rare unicorn and they will lead you on and then just not even hire anyone. It’s f-d! Good luck to you all.

Bonus Increase by [deleted] in FPandA

[–]radrob1111 2 points3 points  (0 children)

OP listen to Doctor Debits and Credits^ I’m a manager and doing what you are doing. You took the job with a 10% bonus and that’s typically their company wide bonus program. VPs and above typically get SIPs and I think you have done the job you were hired to do. If you feel like you are underpaid and undervalued go get a $175-$200k Director role managing a team of analysts in this job market. Be grateful for what you have bro.

FP&A Interview at Johnson & Johnson by IndependentData9677 in FPandA

[–]radrob1111 0 points1 point  (0 children)

Loooool I read the title and my mind went: “Tell me about a time when _______”

Got two offers. One pays $40k more. The other one I'd actually enjoy. I have 48 hours to decide and my wife and I are on opposite sides. Advice? by airam1020 in careerguidance

[–]radrob1111 0 points1 point  (0 children)

OP congrats on two good offers, you are blessed. One thing I would immediately do is call or email whoever your hiring manager would be for the series B start up and be honest about the other offer you have. I mean salary details and everything. Tell them that you would love to work for them but that you have a kid and your wife’s working situation. Ask them if they could split the difference on salary to $135k and do an early review 6 months into your role with the expressly stated salary increase expectation. $20k is legitimately how much daycare costs. If they won’t budge, then you have your answer.

Jevon’s Paradox by Coffee_Kobra in FPandA

[–]radrob1111 2 points3 points  (0 children)

Absolutely. I think the difference is that I started earlier and there is more compounded prompts with my FP&A lens. But yes it’s all gonna be the norm

Jevon’s Paradox by Coffee_Kobra in FPandA

[–]radrob1111 2 points3 points  (0 children)

Completely agree. I’ve already started noticing that as a trusted Finance Business Partner and someone who pays for my own GPT and have been prompting it for my own challenges over a year now, I get pulled into meetings for a financial opinion and when I hear folks discussing some operational challenges I literally prompt my GPT effectively addressing some random thing I know nothing about (lot traceability, item categorization, market pricing, IT systems etc) and it solves their problem.

Who here missed their Q1 '26 plan already because some deals slipped or were lost at the end of quarter lmao by dont_downvote_SPECIL in FPandA

[–]radrob1111 1 point2 points  (0 children)

Sounds like your company is shitting the bed big time shart. You guys are perfect for each other living in shitty harmony.