Finance and Accounting teams are expected to take a more strategic seat given the high rates of uncertainty in 2021 in relation to profits, cash flow and general business stability.
This often comes up in debates and discussions around the world for budgeting, planning and forecasting activities and forecasting is often undervalued.
Is your hiring methodology keeping pace with the current demands in financial modelling skills? What about influencing, communication, and other creative skills?
Recently on a strategic finance program for accounting professionals it became apparent that many are not being provided with vital knowledge of finance transformation.
The ability to influence key decisions and decision makers is where the value of financial modelling really hits home. There couldn’t be a better time to grab this skill than now.
In the modeloff competition, competitors have to complete modelling questions and use Excel to rapidly develop their modelling solution and then answer a series of questions.
Although many tasks previously performed in VBA can now be performed with Power Query, Python and other languages, VBA still has a very important place.
Decision lead analysis is being sure to define the questions before working on the answers; this allows greater structure in the analysis with resulting cost savings.
