FP&A Today Episode 7 - Kenneth Fick

Show Notes: Kenneth Fick, had it in his background to be in FP&A: His father spent 40 years in FP&A at Fisher Price.

Ken is now Vice President of Financial Planning Analysis at Citrin Cooperman which is a $350 million accounting tax and advisory firm based in New York. In this interview Kenneth discusses:

  • Being a 20-year-old watching the chaos unfold at Circuit City which is now taught as an example of corporate failure in America

  • While technical skills get you first roles, you get promoted through skills in influence and storytelling

  • Becoming a leading name in FP&A through his writing – including a viral article about how to exactly define to a stranger what FP&A is, at a cocktail party

  • His budget process and love of budgeting as a means of listening to the company

  • Why it angers him that FP&A is being judged on predictions

  • How fuzzy data is at the core of FP&A

  • Linear regression and statistical modeling in Excel

Follow Kenneth on LinkedIn

FP&A Today is brought to you by Datarails.

YouTube Video

Clip 1 - Cocktail Party Explanation of FP&A

Clip 2 - The Budget Process is About Listening

Clip 3 - FP&A is About Influencing Without Power

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FP&A Today Episode 10: Carl Sideman: FP&A as the Great Anticipator

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FP&A Today Episode 6 - Cameron Janke