FP&A stands for Financial, Planning & Analysis. This role reports to the CFO but really represents the bridge between operations and finance. A strong FP&A capability helps answer important questions on pricing, costs and profitability in terms that are actionable for operations and informative for leadership… most importantly, because the insights are based on data. I know – Amen!
Some of BeckWay Group’s most recent FP&A activities help better communicate this capability:
- Transforming a budgeting process from meaningless financial assumptions to bottom-up operational drivers
- Supporting a new CFO to communicate levers to reduce losses from low healthcare asset utilization, and therefore grow EBITDA
- Supporting a CFO stand-up a finance function (e.g. reporting, 13-week cashflow forecast) as part of a carve-out
- Supporting a PMO by designing and managing the financial model for tracking synergies and costs associated with a carve-out and integration
Our TrailBlazer model features strong FP&A team members who have engaged as follows:
- Working alongside a BeckWay Group Interim CFO
- Serving as part of a BeckWay team in a PMO role
- Providing interim FP&A support for a CFO
Reach out to learn more about our approach to growing EBITDA through strong FP&A capabilities by contacting Mark Habner anytime.
- Trailblazers Our Operators are experienced transformation executives who work side-by-side with you and your management teams to drive strategic initiatives and EBITDA growth.
- Tracking Technologies VectorMarks, our cloud-based software, enables you to target, track and triage strategic initiatives, providing you with the transparency you need.
- Talent Finders Our hybrid approach to executive search identifies and provides you with the best talent for your specific needs. After all, even the best solutions are valueless without the right people to implement them.
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The roots of CSFGB were established in July, 1979 when Irv Cantor and Tom Rilee started the law firm of Rilee and Cantor. In 1981, Bruce Arkema and Steve Edmonds joined Rilee and Cantor, and the firm’s name changed to Rilee, Cantor, Arkema & Edmonds. Irv Cantor was in charge of the firm’s personal injury litigation, handling primarily insurance defense work. In the mid-80s, Cantor made the decision to work exclusively on plaintiff cases discontinuing his work in insurance defense.
The firm’s first associate, Stanley Joynes, was hired in the early-80s. Joynes and Rilee, Cantor, Arkema & Edmonds were appointed as counsel for the future claimants in the Dalkon Shield bankruptcy case in 1987. The Dalkon Shield litigation lasted for several years and is considered a landmark case in mass tort/bankruptcy law.