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The Pivotal Role of the CFO in Hospitality Growth

CFO Plans

Join us as we explore unique perspectives on financial reporting and data analysis, offering actionable insights for hospitality business owners seeking growth opportunities without a dedicated financial strategist. For those seeking expert guidance, Explore Strategic CFO Services tailored to the hospitality sector.

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Where Can FP&A Career Path Take You?

Fpanda Club

FP&A analyst, in turn, is a promising yet developing profession that can be interesting to graduates with finance, statistics, economics or business degrees as well as to finance professionals from adjacent disciplines. Planning, budgeting and forecasting are linked together forming financial planning processes.

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How to Find the Best FP&A Candidates for Your Team

Spreadym

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 strategic planning. Experience: FP&A candidates may have prior experience in financial analysis, accounting, or related roles.

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PodChat for FutureCFO: Finance as a strategic enabler through analytics

Future CFO

An EY study reveals that up to 70% of financial controllers and CFOs in Singapore found an increase in demand for financial analysis and forecasts as stakeholders are increasingly interested in including non-financial data for corporate reporting.

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The evolution of accounting

Future CFO

Real-time Data Insights The advent of cloud-based accounting solutions has turned real-time financial data availability into a reality for businesses of all sizes. In the present landscape, businesses can access up-to-date financial information at any given moment, empowering them to make well-informed decisions promptly.

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2023 Financial Planning: The Importance of the Budget vs. Actual Statement During Times of Change

Centage

If, on the other hand, the office of finance has access to reporting and analytics tools with their accounting software that collates financial data from across the business, the financial analysis of the reasons for a positive or negative variance becomes clearer.

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Risk Mitigation

Finvisage

Risk of Illicit financial activities seen at Patisserie Valerie could have been mitigated with our Treasury Management System. Samsung Electronics’ unsecured financial data was shredded due to inadequate security measures. This would have left no scope for fraudsters to vandalise financial data.