Becoming the Agent for Change in FP&A
Paul Barnhurst
Helping FP&A Professionals provide value to their businesses | Founder of The FP&A Guy | Host of 3 popular Finance podcasts | Microsoft MVP
It is fair to say that Larysa Melnychuk did not have the expected start to a career which has since seen her emerge as the biggest transformational force in the FP&A profession.
Larysa was born in the former USSR in Siberia to a Ukrainian family. Opportunities in the USSR were limited. She was resigned to give up on her childhood dream of international travel (“It was absolutely certain that I would never be able to travel.â€). Eventually, Larysa and her family moved to Ukraine where she studied engineering.
However , it was her skills in finance that brought her opportunities.
She moved to the UK more than two decades ago through a British government initiative for talented finance immigrants that set her on her career.
In the UK, she gained a chartered management accountant from CIMA and spent 15 years leading FP&A teams including at a subsidiary of HSBC Bank and at multinational engineering company?Invensys (now part of Schneider Electric).
Today, as founder and CEO at FP&A Trends Group and the International FP&A Board, Larysa?is?pushing FP&A to new levels, having launched?27 chapters across 16 countries hosting webinars, posting resources and championing the industry.
In this episode Paul Barnhurst speaks with Larysa about:
- Her career from the USSR to international finance leadership
- Definitive new findings around the real impact of the pandemic on FP&A
- Scenario management compared to scenario planning
- How to assess FP&A maturity in your organization
- The new role of FP&A Data Scientist and how to get there
- How companies including Microsoft, Swiss RE, and Deutsche Bank are capitalizing on of AI to change their FP&A approach
- Best practices towards using external data to forge new FP&A analysis
- How the horror of war in Ukraine has affected her personally and impacts her perspective
- Why it is vital for anyone starting in FP&A to be the Agent for Change, rather than complain about routine
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About FP&A Trends
FP&A Trends Group is a high-profile thinktank whose mission is to identify and share the latest trends and best practices in modern Financial Planning and Analysis (FP&A).
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Datarails is the financial planning and analysis platform that automates data consolidation, reporting and planning, while enabling finance teams to continue using their own Excel spreadsheets and financial models.
Get in touch at www.datarails.com
Watch The Full Episode on YouTube
To suggest a great guest for the show, or if you would like to be the FP&A Leader being interviewed contact jonathan.m@datarails.com
Founder & CEO @ FP&A Trends Group
2 å¹´It was honoured. Thank you, Paul.
Financial Controller | FP&A | BP&A | Official MBA | CCA?
2 å¹´Congrats, two big professionals!
Your law firm is highly successful. I’ll make it highly profitable. ?? | Outsourced CFO??| Founder & Owner at Flight Financial ??
2 å¹´Love the takeaway on scenario management being a mindset as well as a process, Paul!
I teach Storytelling to Finance Teams | Course Facilitator | Keynote Speaker
2 å¹´Argh I am three episodes late now I am going to do the effort as she's been a voice to hear for many years ??