Developing Finance Business Partnering (The Purpose-Driven CFO: Part 9)

Understanding why you do things makes a difference

I’m turning my attention today to Finance business partnering, a subject of growing interest. What is Finance business partnering? And why do we have those roles and job titles within Finance? Why do we need Finance business partners? However, I don’t take it for granted that anyone reading this will have read the other articles…

Continue Reading →

Working in Finance During a Business Transfer

business transfer and integration projects

Over the years, I’ve worked for three businesses that have been sold while I worked for them. I’ve also worked on acquisition integration programmes. Business transfer is a complex and challenging time. So, I thought I’d share some thoughts that may be helpful if you find yourself managing a team in Finance when you discover…

Continue Reading →

You Don’t Have to be in FP&A to be a Finance Business Partner

anyone in Finance can be a business partners

It is becoming fashionable nowadays to identify some roles in Finance as Finance Business Partner. The intention is to emphasise the need for managers in the business to have a strong understanding of financial performance. And therefore, the Finance function ought to provide people who can come alongside business managers, providing financial insight and understanding. In…

Continue Reading →

What does it mean to be a business partner in Finance?

business partner

Is the Finance function a true business partner? The Marketing Director of a business I worked for once said in leading a seminar, words to the effect that, “functions like Finance, HR and IT are just overhead costs. They don’t add value. They don’t bring in new business or sell anything, and they don’t produce…

Continue Reading →