What Skills Do You Need to be a Finance Business Partner

[Joywtseo421]

Most people I talk to want to change over to Finance Business Partner (FBP) roles. It's a sexy new title in finance, that usually moves Management Accountants away from the routine of month end responsibilities and allows them to focus on value-adding tasks.

They can work closely with a business unit to provide a link between operations and management, providing more commercial advice. Whether it be a cost-saving exercise, identifying new revenue streams or talking finance to non-finance israel phone number resource people, FBPs draw out key information and deliver a clear and concise message. It's not just talking about previous numbers and what has happened previously, it's looking forward and providing strategic insights and clear recommendations.



What skills do you need to be a Finance Business Partner?
Ability to influence

To become an FBP, you will need to be able to talk finance with non-finance staff. Sounds simple right? Well, it isn’t always! An FBP will use the analysis to deliver insights to stakeholders across the business, to be used in key decision making. It's essentially looking at key data and painting a picture of what it means and the impact it has on the wider business.

Presentation

Presentation skills are essential for the modern day FBP and I'm not just talking about how good you are with PowerPoint! When analysing data, it needs to be presented in a more readable format so all teams -not just finance - can understand what the numbers are saying. Remember, not everyone's an Excel guru like you!