HOW FINANCIAL MODELLING CAN HELP YOU MAKE A STEP CHANGE IN YOUR CAREER ?

MY CAREER JOURNEY

Auditor

PwC

Investment Banker

Investec Bank

Finance Partner and leader

NAB

Financial Modelling Consultant & CFO

Model Citizn

Banjo

KPMG

Intermediate Excel, Limited FM

Analytical Review, Substantive testing

Advanced Excel, Intermediate FM

M&A, Advisory Transaction Modeler

Advanced Excel & FM

Forecasting, and strategic planning for $5bn Debt Markets division (Revenue circa $220m)

Spreadsheet disruption and automation

Social Benefit Bond Modelling

Expert Financial Modeler

Sustainable and scalable modelling across multiple industries and companies.

Applying modelling skills to a fintech start-up.

Roles

Financial Modelling (FM) Skill

HOW CAN YOU CHANGE?

1. It’s you that wants to make a change, but it’s also you that’s your biggest obstacle

2. You can’t figure it out by figuring it out

3. Act it out, don’t figure it out

4. Do it with others, not alone

5. Look for a career not a job

6. Look for people that will support you , not hold you back

"To know and not to do is not yet to know." – Buddhist proverb.

FINANCIAL MODELLING (it’s not all about Excel !)

The art and science of solving complex problems both in the past and future.

• Its not just about Accounting & Finance

• It not all about Excel.

• Best Practice Modelling, FAST & SMART

• Its also about Business and the underlying logic

• It’s the process and skills of finding that solution amongst a lot of uncertainty whilst also dealing to the above.

• Communicate your results succinctly and be ready to justify it and explain drivers.

WHY CHANGE THE JOB/CAREER YOU HAVE TODAY?

Financial Analysts and Advisors are one of the 5 jobs that have already been taken by computers – according to Fortune Magazine “Automated services that are replacing personal financial advisers, financial planners and stockbrokers. Predictive systems, big data, and computing power combine to provide an idea tool for analyzing and predicting the behaviour of investments.“

"We are approaching the time when machines will be able to outperform humans at almost any task. Society needs to confront this question before it is upon us: if machines are capable of doing almost any work humans can do, what will humans do?“ - Moshe Vardi, a computer science professor at Rice University in Texas

The machines of the Industrial Revolution overcame the limitations of human muscle, while the robots and artificial intelligence of today are overcoming the limitations of our individual minds.” – Business Insider Australia

THE MANY FACES OF FINANCIAL MODELLING

Accountant & Auditor

Analytical ReviewReasonableness testingValuation modelling Model audit and testing

Specialist Modeller (Actuary & IB)

Debt & Equity Capital Markets IssuanceCorporate Finance & Advisory

Actuarial & Statistical Predictions Infrastructure & Property Development

Economic modellingFinancial Markets & Derivatives Quant

Derivatives trader Market Risk Quantitative Analysis

Finance Partner

Management & Financial ReportingForecasting & PlanningFinancial analysis of strategic decisionsAcquisition, disposal and restructuring business

Financial Modelling Consultant

Cross industry capabilityTraining and developing others

Normally has a strength in specific sectorsBusiness Modelling team (Big 4 Accounting firm)

SOME TIPS TO BECOMING AN EXPERT MODELLER?

1. Training (if you haven’t done a course recently perhaps its time).

2. Try past questions of www.modeloff.com , compete or attend one of the upcoming GTC events.

3. Google, YouTube, Chandoo, Twitter etcetc…so much more sharing of Excel.

4. Lose the mouse and use shortcuts !

5. Practice, practice, practice.

QUESTIONS ?