Part of FP&A team establishment - Advice appreciatedSubscribe
Good afternoon and happy Friday.
This is a first time post as I have been a long time stalker on this site since my freshman year of college. I am very grateful and credit everyone on WSO for being a major factor in developing a passion for finance. A little background about me. Graduated in May from a non-target with a good finance program. Internships included PE, research, and leasing/financing large asset company.
Post-graduation I took some time off and in the fall I started as a Financial Analyst at a regional independent company of a major food and beverage company. The company is currently one year off an acquisition of more territory that tripled their revenue to >$2b. Currently, the company does not have any traditional corporate finance or FP&A structure. My two supervisors, the lead accounting manager and director of strategy has indicated that their goal is to set up a traditional FP&A team and modernize the entire finance/accounting division.
I have been with the company for over 4 months now and I have developed a couple of deliverables so far; forecasting, cost to serve analysis, cost/benefit analysis, etc.
As mentioned before, the company is in chaos with all that is going on, and I have realized that in order to gain all the benefits from being part of the establishment of a finance structure, I will have to take a leading role and push my supervisors as they have a million things on their plate.
Are there any resources, articles, tips, advice that any of you could give me to try to get everything possible out of this challenge. I will be presenting to my boss' ideas about how to bring together the processes and deliverables of the FP&A team. I am very exciting for what this could mean for me, but also a bit overwhelmed as I feel I am extremely underqualified for this opportunity. Any advice on how to rise to the top of this challenge would be greatly appreciated.