Providing a real-time support to a financial services company for the Financial Planning and Analysis (FP&A) function

Extensive real-time support to client for FP&A function
In depth analysis of revenue and cost drivers, especially for distressed / special situations.

CLIENT CHALLENGES

A leading financial services company was looking for support with budgeting, forecasting and reporting functions

OUR APPROACH

Acuity created a team structure based on the Line of Business (LOBs) to build a real-time interaction with the onshore team and increase efficiency/expertise
Providing support on the following:
Corporate Planning
- Oversee FP&A processes including expense budgeting, forecasting, P&L consolidation, and headcount reporting across corporate and divisional functions.
- Implement automated quality control checks.
- Builds and loads for non-compensation and non-operating expense budgets and forecasts.
- Monthly and quarterly reporting P&L and/or expense presentations.
- Global headcount reporting.
- Support divisional and consolidated expense actual/budget/forecast variance analysis during the monthly/quarterly close process.
- Develop new reporting or analysis to provide insightful information
Regional Planning
- Responsible for the modeling, upload and delivery of budgets, forecasts and strategic plans of different regions.
- Production of quarterly forecasts and annual budget decks as needed.
- Perform driver-based, expenses and revenue analysis for intra-month, monthly and quarterly financial results.
- Provide insightful, accurate reports and commentary.
- Manage and maintain several databases up-to-date
Expense Management
- Oversee FP&A processes related to consolidated analytics, expense management, and analytical capacity projections.
- Monthly Operating Reviews.
- Capacity Planning Metrics.
- Expense Process and Reporting, including loading and analyzing budget/forecasting.
- Consolidated Analytics support.
- Responsible for expense builds related to budgeting and forecasting.
- Support department and consolidated expense actual/budget/forecast variance analysis during the monthly/quarterly close process
Commercial Planning
- Support the Business Planning team in performing core FP&A reporting and analysis
- Production and distribution of periodic Commercial Key Performance Indicators
- Managing Sales Operations monthly attainment reporting and addressing inquiries and feedback that may arise
- Preparing material for senior management presentations, discussions and reviews
- Assist in deep dive analysis on Commercial KPIs to offer value added insight into drivers
- Consolidating data for analyzing specific aspects of budgeting, forecasting and strategic planning

IMPACT DELIVERED

Undertook in depth analysis especially for distressed / special situations
Provided insights on corporate and regional planning, expense management, and commercial planning

Download as PDF