Episode 73 - Drew Murphy: Find best practices, people that make you work better, and things you enjoy
Show Notes
Drew Murphy nearly became a meteorologist. But he opted for a different type of forecasting, warning of impending storms as an FP&A professional. A fast-paced finance career saw him land a part role at Procter & Gamble (while studying)-his senior year saw him work 30 hours a week as a plant accountant. Following six years of FP&A at Procter & Gamble (including analysis for Gillette and Braun), he took roles at Vistaprint, Mimecraft (where he was central to their IPO) and a CFO gig. Drew then launched community FP&A Hey with his co-founder Yarty Kim . The mission of FP&A Hey is to “help time-starved FP&A professionals get their free time back, their personal freedom back” offering resources and mentoring for FP&A professionals.
Core to his career approach is a clear mantra: “Find best practices, find people that make you better, work on things you enjoy.” In this episode, he discusses the implications of this approach to upgrading your career and work-life balance in a busy finance role.
In this episode:
Drew’s worst budgeting experience in his career
Shaving forecasting with Gillette and Braun
how to impress sales executives with quarterly sales performance analysis
Best practice for a monthly profit forecast and team management process
Why you need to be at a place with “people you respect and admire”
The importance of relationships in finance
How the IPO process felt like a “wedding”
His strategic finance moment delivering (at Mimecast) growth of 40%, EBITDA expansion over time as a percentage of revenue
Why FP&A pros must learn accounting and a business model
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Episode Links
FP&AHey Website - Because they don’t teach FP&A in school. Grow your skills, networks, and careers, all while having fun.
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