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Sruthi Lanka: Why Top Startups see FP&A as Central to Strategy

Sruthi Lanka: Why Top Startups see FP&A as Central to Strategy

FromFP&A Today


Sruthi Lanka: Why Top Startups see FP&A as Central to Strategy

FromFP&A Today

ratings:
Length:
38 minutes
Released:
Nov 22, 2022
Format:
Podcast episode

Description

Engineer-turned-CFO Sruthi Lanka  was drawn  into finance after seeing her parents - themselves brilliant engineers - losing money in the markets. “I couldn't understand how people who could solve incredible math puzzles in their head could not figure out how to make a return in the markets. And so that's what led me down this path of navigating into finance.”
Today she is CFO at investing app, Public.com, the biggest competitor to Robinhood, famous for the “GameStop Frenzy which rattled markets in January 2021. 
 
In this episode Sruthi reveals
Her vision for FP&A as central to business and executive leadership  
Her experience of The GameStop Frenzy in late January 2021 which coincided with her joining Public.com, helping it explode from “a relatively young startup to having over a million members”
The centrality of data or analytics partnering with finance and why some engineering and SQL is an important skill set for CFOs
Her founding membership of FSuite in which StartupCFOs meet to discuss everything from the best tools to complex challenges they are facing 
Why a regular monthly meeting with FP&A is “sacrosanct” - in order to optimize what is measured and show  progress against targets 
The importance of FP&A doing the “hard work” of building “simple” financial models

Watch the full show on YouTube
Read the full transcript and blog
Show Links
FSuite (A thriving, invitation only community where CFOs turn to excel in their career and day-to-day) 
Follow Sruthi Lanka on LinkedIn
Follow Paul Barnhurst on LinkedIn
Follow Datarails on LinkedIn
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Datarails is the financial planning and analysis platform that automates data consolidation, reporting and planning, while enabling finance teams to continue using their own Excel spreadsheets and financial models.
Get in touch at www.datarails.com
Released:
Nov 22, 2022
Format:
Podcast episode

Titles in the series (100)

FP&A Today is the podcast for Financial Planning and Analysis. The weekly show dives into the challenges and opportunities within the world of FP&A, interviewing FP&A leaders, CFOs and other finance pros in order to give you the freshest insights and takeaways. Each week our top guests provide actionable advice about financial planning and analysis – from career goals to navigating challenges, and powerful Excel tips. Our weekly show provides unrivalled insights for navigating FP&A. FP&A Today is brought to you by Datarails. Datarails is the AI-powered Financial Planning and Analysis platform for Excel users.