Undercover FP&A Guy
4.7K posts
Undercover FP&A Guy
@secret_FPA_guy
Everything FP&A (Financial Planning & Analysis) | 8+ FP&A roles with F500 and PE backed companies | Learn from my mistakes | DMs Open
To be announced Katılım Ağustos 2019
605 Takip Edilen6.6K Takipçiler
@nicochristie @elusivecurrent Looks so awesome, can I get a code ?
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Shortcut one-shotting banker/PE work while I got coffee.
(1/2) "Build me a LBO model based the Moelis 10k for a take-private. My boss thinks this should take all day"
(2/2) "Update the existing model to include compounding interest rates from the web"
Sending more codes today
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@nicochristie @litcapital Can I get an invite code?
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After watching this video, it’s clear that IB analysts are absolutely cooked
nico@nicochristie
Introducing Shortcut — the first superhuman Excel agent. Shortcut one-shots most knowledge work tasks on Excel. It even scores >80% on Excel World Championship Cases in ~10 minutes. That's 10x faster than humans. Our early preview is live. Just comment for an invite code.
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Looking to bring on a full time US / Canada based bookkeeping lead
Needs to have a strong bookkeeping and accounting background to assist in managing cleanups and monthly bookkeeping for $5-$40mm revenue businesses in the facility services sector. Quickbooks expert, comfortable with clients, job costing, WIP adjustments, cash to accrual conversions, CRM to QB sync, COA updates, categorization / reconciliation, etc.
Small and fast growing firm. Please DM if you want to learn more.
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Crazy realization today.
My last FT role was at a company that raised $30M+ at a $300M+ valuation.
As a soloprenuer I am now making more money than that company ever was (annually).
And TBH, that was the flame that sparked my initial thoughts to leave.
The flame I needed to start this solopreneur business.
I had built their financial model and remember thinking…
“Wow, this company is making pennies per user. Not profitable. Spending millions to acquire users. Building some obscure tech product. Spending millions on salaries."
....and I just thought "I bet I can do better with just myself.”
Now here I am.
Crazy realization today.
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@TheTaxlRose @SecretCFO Lookin for a bookkeeper with roofing experience. DM me if relevant
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@SecretCFO Work with construction contractors $1M-$50M on building accurate job costing structures and accounting reporting systems to help obtain and facilitate larger bonding programs with sureties.
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Attention: CPAs, Fractional CFOs, Tax Advisors, and more.
Here is an opportunity to reach new clients for free. Last time I did this, over 200k saw it.
You write one tweet below pitching your services for CFOs and finance teams.
Read the rules below first, then go!
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We sold $7.7 million in Q1, 50% growth from Q1 last year. Simply insane.
We did this even though I had planned for minimal sales growth and foundational building of my business first half of the year.
I’m doing 12+ hour days daily to cope with operations to deliver all that revenue as succesfully as possible while trying to work on our foundation at the same time.
This game is freaking tough, but I am having fun 👍!
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Undercover FP&A Guy retweetledi
Unless your numbers…
(historically, across sheets, tabs, systems, and files)..
Tie out exactly.
To the penny.
Your model (and other output) is completely useless.
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@devin_j_obrien That said - very rewarding to get it right and turn around a complete mess
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@devin_j_obrien We see this a lot - cleanup for the last 2 years not a 1 week exercise that can be completed without client input. Need l lots of input and complete rebuild of processes to ensure it doesn’t happen again
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8 steps for more efficient meetings (financially):
Step 1) Pick an upcoming group meeting.
Step 2) Back into everyone’s hourly rate on the invite list. (Salary/ avg hours worked per week/ 48 weeks)
Step 3) Find the Time Worked Multiple of this meeting. (Length of meeting in minutes/60)
Step 4) Calculate the cost of the meeting. (Sum of attendees' hourly rate x time worked multiple)
Step 5) Be shocked at how much more this meeting costs than you expected.
Step 6) Decide if the meeting needs to be as long as it currently is set for. If not, shorten it to reduce the time worked multiple. (There is no rule that meeting needs to be 30 min increments)
Step 7) Decide if there’s anyone invited who is not needed and has higher value work they could be focused on. If so, mark them optional and tell them why. Reducing the total hourly rate of the meeting’s attendees.
Step 8) Remember this exercise for all meetings going forward.
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@financeaholic @Finance_4hire Thanks for the reminder - just responded
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@secret_FPA_guy @Finance_4hire Posting here for both of you to see, I DM’d you both about the opportunity! Thanks.
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I've had the chance to meet with this team. They are the real deal.
This is a great opportunity for someone coming up in finance to jump on a growth engine.
Undercover FP&A Guy@secret_FPA_guy
Turns out twitter is great for hiring. Looking to add another team member. Looking for FDD backgrounds with 2-5 YOE. Hungry, self starter interested in working along side experienced CFOs advising small businesses ($5M+) on building out and professionalizing their accounting / finance infrastructure. Small and fast growing firm. Open to remote anywhere in the US. Please DM if you want to learn more.
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Turns out twitter is great for hiring. Looking to add another team member.
Looking for FDD backgrounds with 2-5 YOE. Hungry, self starter interested in working along side experienced CFOs advising small businesses ($5M+) on building out and professionalizing their accounting / finance infrastructure. Small and fast growing firm. Open to remote anywhere in the US. Please DM if you want to learn more.
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@Finance_4hire @LeadershipAcad1 The correct answer ^^
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@LeadershipAcad1 Give them 3 months to get down to business day 5 of the month.
But it’s a team effort to get there. Invoices, bills, expense reports, etc. all need to be turned in faster to get there.
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We outsource bookkeeping.
It’s amazing. Huge fan. Highly recommend.
But they aren’t quite quick enough on the monthly reports.
What should I set as a realistic expectation?
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@SecretCFO Brands are built over years and lost in a day, farewell @SecretCFO
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@secret_FPA_guy Wish I could help! That’s sounds really interesting!
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Looking to bring on a strong FP&A / accounting person with 4+ years of experience interested in serving as a fractional CFO / advising small businesses ($5M+) on building out and professionalizing their accounting / finance infrastructure. Small and fast growing firm. Open to remote anywhere in the US. Please DM if you want to learn more.
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@ggwl94 Don’t think we can make that work rn but will let you know if that changes in the future
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