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At a high level, a normal day involves strategicplanning, teamwork, and tackling challenges, but most days are diverse and varied. Mornings are typically all about concentrated focus, starting with ensuring alignment with our clients across key objectives like risk management, credit solutions, and employee benefits strategies.
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This can be done using a risk matrix, which plots the severity of the impact against the likelihood of occurrence. The goal is to prioritize risks that have the highest potential impact on the organization. For example, currency fluctuations and creditrisk may rank higher for South African businesses due to the economic environment.
FP&A candidates typically have a background in finance, accounting, or a related field and possess a combination of skills and knowledge in financial analysis, modeling, and strategicplanning. Risk Management: Skills in identifying, assessing, and managing financial risks are important.
They help organizations anticipate potential risks, identify opportunities, and make informed decisions about resource allocation and strategicplanning. Risk Assessment and Management: Identify potential financial risks and develop risk management strategies.
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