Am I doing FP&A or glorified accounting?

what i do on a fairly regular basis on a high level is manage budget and spend

some specifics:

approving purchase requisitions and tracking purchase orders

monthly accruals and reconciliation against actuals in our accounting files

re-forecasting

budgeting for the upcoming year

monthly reporting (open PO's, FTE's, etc.)

some basic, ad-hoc stuff as it comes up

does this sound about right? a lot of the job is extremely manual. inputting accruals and tracking the budget fully in an Excel spreadsheet.

there isn't much "interesting" analysis as far as what types of initiatives would benefit the company. it's more of a reporting and tracking role.

i like the job, but i can envision this getting tedious after too long.

thoughts?

 

I've worked in a similar role and yes, that sounds about right. It is glorified accounting and ad-hoc work. However, FP&A is pretty broad and you can leverage that experience to get a more interesting role that involves making decisions for the company. Don't worry about it. Just perform well and network internally.

 
Managerette:

This sounds like project or department finance to me. Do you do anything corp wide or at a lower level?

I'm on a specific brand, basically managing the entire budget for it.

They call it Commercial Finance.

 

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