Please allow us to introduce Espen P. Kringstad
Please allow us to introduce Espen P. Kringstad, one of KOKAI's many FP&A professionals.
Since completing his degree in IT-Management and Economics in 2012, he’s worked in a variety of companies, but they all had one thing in common: they all dealt with the use of data and how to extract value from it.
He's never gotten tired of numbers and has gained extensive experience in a variety of industries, including retail, satellite services, construction (ships/large machinery), real estate development, hospitality, sports and charity to name a few.
To summarise, Espen is driven to help organisations extract value from their numbers and develop effective budgeting and forecasting models. Because, as Espen points out:
“Understanding that there will always be snags or unexpected challenges in the financial process is crucial for effective financial management. No matter how well a company plans and executes its financial strategies, unforeseen circumstances can arise that impact financial outcomes. This is where Financial Planning and Analysis (FP&A) plays a vital role.
A robust FP&A process is essential for any business. It provides trustworthy financial data, analysis, and insights to help you make sound decisions. Financial stability and sustainability are provided by FP&A by recognising risks, optimising resource allocation, and improving planning and forecasting. It boosts investor confidence, facilitates stakeholder management, and fosters a culture of continuous improvement.
Finally, an effective FP&A process helps organisations make sound financial decisions, adapt to market changes, and achieve long-term success.“