The Finance Business Partner model is being implemented by many organisations.
The aim is to create a role where the focus is more on working with the business to support the delivery of business results.
In reality the Finance Business Partner is pretty broad and includes:
- Providing the expert advice.
- Facilitating discussions, decisions and actions.
- Influencing strategy.
- Bringing insight.
- Contributing way beyond the financial agenda.
It’s an exciting role and at the same time challenging too.
If you are going to succeed in the role, you are going to have to accept something.
You can’t do it all by yourself.
You have to collaborate with others to make it happen.
You have to utilise all of the expertise around you.
You might, for example, be able to do analysis of data.
On the other hand if there is a team of analysts available to support you, they can probably do that aspect better than you.
Rather than trying to be okay at lots of things, focus instead on what really matters.
Which, at the end of the day is helping the areas of the business that you support, deliver great results.