FP&A at Early-Stage Companies and the Benefits of Using Python to Automate Data and Enhance Analysis with Todd Niemann

In this episode of FP&A Unlocked, Paul Barnhurst interviews Todd Niemann, Treasurer of Varo Bank, about his extensive career in finance and banking, particularly his experience in building treasury and FP&A functions for new banks. Todd shares his insights on what constitutes great FP&A, emphasizing speed, timeliness, accuracy, and the importance of understanding historical data for future projections. He discusses the unique aspects of banking as a balance sheet business, key metrics for assessing a bank's health, and the challenges of working in early-stage banks, such as data scarcity and infrastructure limitations. Todd also highlights the benefits of using Python for financial analysis, including time savings and improved data quality, and offers advice for those interested in pursuing a career in banking.