Financial Planning & Analysis



Introduction

Financial planning and analysis (FPA) is the process of compiling and analyzing an organization's long-term financial strategy. It is the process of preparing a budget based on information about expenses and income. In organisations, assets and liabilities are also considered in the process of financial planning. Implementing the budget, tracking progress, and documenting results are also considered part of financial planning.

Financial analysis uses the output of financial planning to assess profitability, liquidity, solvency, and stability for organizations. It also helps companies make decisions about business strategies. In addition to creating an organization's extended financial plan, FP&A departments also generate management reports, analyze financial trends, calculate the monetary effects of potential business decisions and advise the management.


SCOPE

A career in Financial Planning and Analysis involves helping an organisation to gather, analyse and organize financial information. This is considered as one of the most desirable finance jobs because they provide access to the overall picture, the vision and the major issues that determine value in an organization. You will get the opportunity to see how decisions are made in an organization.

At the entry level, you would work as a financial planning Analysis and your work would focus on collecting data, putting together presentations, talking to members of the organization to understand a problem. As you advance you will have the opportunity to head the department and also work as an internal management consultants helping the organisation in making important financial decisions.


Course highlights
  • Detail exposure of Internal, Management, Regulatory and External reports
  • KPIs concept understanding, calculation and analysis
  • Prepare a Company's Budget from Scratch
  • Perform Top-Down and Bottom-up Forecasting
  • Forecast a Company's Sales
  • Forecast a Company's Planned Level of Production
  • Learn PLANNING PROCESS (short term plan and long term strategic PLAN)
  • Calculate Net Cash Flow
  • Forecast Various Types of Expenditures
  • Estimate Working Capital Needs
  • Carry out a Fixed Asset Rollforward
  • Build an Integrated Financial Model
  • Real time technical interview preparation by FP&A professionals
  • Our trainers: Qualified experianced professionals
Curriculum
    Course is divided into FIVE Modules Covering
  • Forecasting
  • Budgeting
  • Planning
  • Financial Analysis
  • Reporting
Pre-Requisites
  • Does basic knowledge of Finance / Accounting needed? Not required as we start from basics
  • Does basic knowledge of Excel needed? Not required as we start from basics
  • Does any Finance degree or Finance background required? Previous finance knowledge will help but not compulsory
Target Audience

CFA, CA, MBAs, B Com, Accountant, Accounts payable professionals, Accounts Receivable professionals, Financial Reporting professionals, Operations and back office professionals

Course structure

Course duration: 3 Months (12 weeks), Intensive 100 hours

Weekday Batch Timing: 9:00 PM IST - 12:00 PM IST, Tuesday - Friday (3 hours each)

Weekend Batch Timing:
Option I: 9:00 AM IST - 1:00 Noon, Saturday & Sunday (4 hours each)
Option II: 2:00 PM IST - 6:00 PM, Saturday & Sunday (4 hours each)


  • Perform Top-Down and Bottom-up Forecasting
  • Forecast a Company's Sales
  • Forecast a Company's Planned Level of Production
  • Calculate Net Cash Flow
  • Forecast Various Types of Expenditures
  • Estimate Working Capital Needs
  • Carry out a Fixed Asset Rollforward
  • Forecasting techniques (moving average, regression analysis, etc.)
  • Essential Mechanics of the Forecasting Process
  • Forecasting Selling, General & Administrative expenses
  • Forecasting Balance Sheet Items
  • Budgeting within a strategic framework
  • Building a robust budgeting process
  • Managing budget psychology
  • A practical guide todeveloping budgets
  • Common budgeting approaches (e.g. Incremental, value-based, zero-based, etc.)
  • Tracking budget performance with variance analysis (waterfall charts, etc.)
  • Applied budgeting tools and techniques (Excel, solver, pivot tables, etc.)

  • Budgeting control - meaning and objectives of budget and budgetary control, essentials of effective budgeting, types of budget and budget vs actual

    Capital Budgeting - Concept and process of capital budgeting, feasibility analysis, managing risk and ncertainty in capital budgeting, evaluation criteria under discounted and non-discounted cash flow approaches. Evaluate various investment decisions using appropriate tools and techniques and apply them to day to day business decisions.

  • Getting Started with Financial Planning
  • The Accounting Framework
  • Financial modeling
  • Corporate financial planning/strategic planning

  • Business planning - Concept of 3 and 5 year planning, concept of operational and sales plan including market forecast, production plan, sourcing plan and how various operations are inter-linked and aligned with the long term business plan

    Investment Decision making - Purpose, objective and process of investment decisions and evaluation of different types of project. New line of business, expansion of current product, backward/forward integration and application of effective financial management.

    Analysis of balance sheet, apply appropriate measures for executing and evaluating the financial results to support managerial decision-making and setting strategies

    Corporate Financial Reporting - Attributes of good corporate financial reporting for performance analysis, understanding profit & loss items, reviewing the balance sheet, variance analysis, non- performing asset analysis, identifying the cause and taking appropriate action

  • Special guide on Global Banking KPIs
  • Basel III Financial structure (P&L account, balance sheet)
  • Restructuring items/adjustment items & their treatments
  • Additional information section
  • Key performance Indicator (KPIs) – type of KPIs and its calculation & interpretation
  • Regulatory reporting
    • SEC reporting
    • FINMA reporting
    • MD&A (management discussion & analysis)
    • Other external & internal reporting
List of Companies
  • HSBC
  • Barclays
  • Deutsche Bank
  • Credit Suisse
  • UBS
  • Tiaa
  • BMC
  • EY
  • ZS associates
  • CITCO
  • Syngenta
  • Capgemini
  • Eton
  • Accenture
  • KPMG
  • FIS Global Services (Sun Gaurd Fidelity)
  • Vodafone
  • Red head
  • Honeywell
  • SABA software
  • Holidayme
  • OYO Rooms
  • Genpact
  • Infosys
  • Cognizant
  • TCS
  • Maersk line
  • Axa BS
  • Grant thortan
  • Genpact
  • IT companies with 100+ headcount will have FP&A team
  • Citi corp
  • Nomura
  • BNP Paribas
Placement Assistance

    Finxl placement assistance is very unique and different. We ensure that every student gets focused attention for every different company as per clients selection process. Our dedicated placement team works to provide seamless guidance on every call student gets.

  • Job Description of an FP&A Analyst
  • Job Expectations
  • Frequently asked interview questions & their best answers
  • Mock interviews recording and feedback
  • Resume building and placement assistance
  • 5 companies’ specific selection mock interviews
  • Access to FINXL alumni network (JobConnect)
  • Access to our placement groups and start getting calls
  • One on one company specific preparation

  • Note: FinXL does not guarantee placements. Placements are at the discretion of management and candidates should not enroll with a sole view to seek employment opportunities through us

Course Fee
  • Financial Planning & Analysis (FP&A) course fee– INR 30,000
  • Placement Assistance – if student OPTS Finxl placement services, he will have to pay placement charges after his final job offer.
FAQ's

Call us on between 10am to 7pm. for a consultation or enrolment.

Training will be conducted at our institute in Pune, India. However, we also provide training on-site for groups of over 10.

Yes, every student needs to carry a laptop.

We do provide placement assistance. It depends on prevailing market conditions & candidate profile. We regularly send and arrange interviews for our candidates in companies like –

Financial Planing & Analysis

    Banks in Pune
  • HSBC
  • Barclays
  • Deutsche Bank
  • Credit Suisse
  • UBS
  • Tiaa

    Companies in Pune
  • BMC
  • EY
  • ZS associates
  • CITCO
  • Syngenta
  • Capgemini
  • Eton
  • Accenture
  • KPMG
  • FIS Global Services (Sun Gaurd Fidelity)
  • Vodafone
  • Red head
  • Honeywell
  • SABA software
  • Holidayme
  • OYO Rooms
  • Genpact
  • Infosys
  • Cognizant
  • TCS
  • Maersk line
  • Axa BS
  • Grant thortan
  • Genpact
  • IT companies with 100+ headcount will have FP&A team

    Banks in Mumbai
  • Citi corp
  • Nomura
  • BNP Paribas

Note: FinXL does not guarantee placements. Placements are at the discretion of management and candidates should not enroll with a sole view to seek employment opportunities through us

Financial planning and analysis (FP&A) is a group within a company’s finance organization that provides senior management with a forecast of the company’s profit and loss (income statement) and operating performance for the upcoming quarter and year. These forecasts inform management on the progress and effectiveness of the company's strategic plans and investments. They also enable management to communicate with external stakeholders.

The task of forecasting a company's financials requires both an understanding of the company's historical performance as well as an understanding of the key assumptions and trends that may impact future performance. This requires a broad understand of both accounting and business operations. As a result, FP&A teams are in frequent contact with all areas of the enterprise including operations, sales, marketing, treasury and accounting.
FP&A's role as the "eyes and ears" of the organization makes it a central liaison between the corporate and operations teams. As such, FP&A interfaces with the CEO as well as the CFO.

Budgeting and forecasting
FP&A’s primary responsibility is to connect senior management's long term "strategic plan" to reality. The strategic plan is a top-down, senior management driven document that sets high-level targets (revenue, net income, core strategic initiatives, etc.) for the firm anywhere from 2-10 years in the future. FP&A's job is to develop the operating and financial plan required to achieve management's strategic plan. This process is also known as corporate performance management. Historically, this meant that FP&A would develop a largely static annual budget that updates once each year. However, since static budgets get stale quickly, FP&A teams are increasingly tasked with the development of a rolling forecast, either in parallel with the traditional budget or altogether as a replacement.
As a key part of the forecasting process, FP&A teams conduct variance analysis to show management how the budget and/or rolling forecast compares against actual performance.

Decision support
FP&A not only reports forecasts and variances but also uses that data to advise management on decisions such as how to improve performance, minimize risk or capture new opportunities from both within the company and within the external environment. To this end, the FP&A team is typically charged with the creation of a monthly “CFO” or “Senior Management” book that usually provides:

  • Analysis of historical financials
  • Variance explanations
  • An updated forecast with risks and opportunities to current plan
  • Key Performance Indicators (KPIs)

At its best, the report provides the CFO with enough information to answer key questions from external stakeholders and may identify various levers that can be pulled to optimize performance or meet certain goals.


Special projects
FP&A will inevitably be pulled in to work on special projects. Examples vary from company to company and can include:

M&A: Identifying potential acquisition targets, buy-side support, integration and divestitures.

Process optimization: A perennial problem for large organizations is workflow inefficiency that arises when various technical systems and tools don't "speak to each other" well. Resolving this often requires time consuming manual intervention. Because FP&A teams find themselves in the middle of these process inefficiencies, they are often the ones tasked with improving them.

Market research: Determining the size of a given market, leaders, laggers and potential opportunities in which the organization may have a competitive advantage. Capital allocation: How much of and on what should the organization’s capital be spent.

For public companies, the role of FP&A is particularly important because management teams often provide revenue and net income guidance to shareholders based on the budget and forecasts prepared by the team. Getting these forecasts wrong not only prevents management from accurately allocating resources and achieving its strategic plan, but also has a direct and immediate impact on a company's share price.

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