A finance leader discusses why hiring strong FP&A talent is so hard. You need people with front-end capabilities, technical skills, and partnership abilities. The qualified candidates exist, but finding them requires a rigorous hiring process that can spot the full skill set.
Chapters
What do you thought about the challenges of building a high-performing FPA and filling those roles?
Interesting question. I'd love to see the study, not one I'm familiar with. And I've been fortunate both at Esco and here at Fall Creek that I've inherited a really good core FP&A team, which obviously is fortunate and gives you a good running start. It's always somewhat challenging to do hiring well, and I'm not sure I see a difference between hiring a controller or accounting manager versus hiring an FP&A manager or analysts, I think the people are out there. It's a matter of whether or not you can tap into them and whether you can run a good enough process to identify and land that talent. So you got to have people who fulfill all the things we talked about at the front end around great FQAs, people who are technically competent, can partner, all of those sorts of things. So yeah, those are tough skills.