Here's how you can tackle a challenging financial problem in your previous role.

The first to tackling any financial challenge in a previous role is to delve into the details that means the building blocks of the financial statements looking particularly at sub ledgers of the financial system. Such sub ledgers are: Cash: Tracks cash transactions (both received and disbursed). Accounts Receivable: Documents amounts owed by customers for credit-based goods or services. Accounts Payable: Tracks amounts owed to suppliers or vendors for credit-based goods or services. Inventory: Valuation of goods held for sale. Fixed Assets: Long-term assets like buildings, machinery, and vehicles. Accumulated Depreciation: Cumulative depreciation of fixed assets. Sales: Records revenue from goods or services sold.

From my experience, financial indicators give very clear signals about the financial problems of companies. These ratios allow me to properly focus on the area that generates the most problems. From there, I usually review more detailed data in financial statements in order to identify the root of the problem.

Establish clarity on the issue at hand. You'll need to dive in beyond just the top line of financial statements to grasp the underlying cause. This will typically involve gathering account ledger data from internal finance systems and searching for patterns or anomalies within the data. Once you clearly understand the primary drivers causing the problem, you can create an action plan to address it directly.

En Flow Investing Capital, enfrentamos una caída significativa en el valor de nuestras inversiones debido a una crisis del mercado. Evalué el problema analizando el impacto en nuestra liquidez y capital, y determinando los factores externos que contribuían a la situación.

The important first step in addressing a financial problem - thoroughly assessing and analyzing the underlying financial situation. - The first step is to conduct a thorough assessment of the financial issue at hand. This involves a deep dive into the financial statements and performance metrics. - The goal is to look beyond just the surface-level numbers and identify the root causes, underlying trends, and any anomalies in the financial data. - This in-depth analysis should cover areas like cash flow patterns, expense categories, revenue streams, and profitability ratios. - Developing a clear, comprehensive understanding of the full financial landscape is critical before attempting to formulate a solution to the problem.

I'm one of those people who thinks that data is "worth its weight in gold" and that is why I value historical data very much, because I've observed that, if I've more data from the company's past, my analyses and projections are more precise. In addition, I've had the opportunity to strengthen the figures with market and competition information and I have obtained very comprehensive and valuable analyses.

What doesn't get measured can't be managed. Collecting quality financial data from internal systems is imperative to performing any relevant analysis for decision-making. However, collecting more data is not always the answer. Focus on the key operational metrics that drive your organization and place a premium on data gathered in these areas compared to others. This will help keep your analysis tailored to the financial metrics that provide value to the business and disregard irrelevant information.

Durante mi tiempo en Vivo Chile, recopilé datos detallados sobre nuestras inversiones y flujos de caja. Utilicé herramientas de análisis financiero para obtener una visión clara de nuestra situación y prever posibles escenarios.

En Flow Investing Capital, analizamos diversas opciones para mitigar el impacto de la caída del mercado. Consideramos la venta de activos no esenciales, la reestructuración de deudas y la búsqueda de nuevas oportunidades de inversión menos volátiles.

You can tackle a challenging financial problem by seeking financial expertise. In the case of significant or complex financial problems, it may be beneficial to consult financial experts or financial advisors for specialized Advice and guidance. This step increases the experience for the team as the financial experts always looking out of the box. But this be useless if you take his Advice without out action plan discussion of his advice.

A financial analyst or person in charge of a company's finances who works in isolation is a frustrated professional without results. Companies are groups of people with common objectives that, if not aligned, cannot achieve better results. Working with other areas is just as important as the previous steps.

Organizamos reuniones periódicas con el equipo financiero para discutir nuestras opciones. La colaboración y el intercambio de ideas nos permitieron desarrollar un plan de acción sólido y bien fundamentado.

En Flow Investing Capital, implementamos una reestructuración de nuestras inversiones y deudas. Comunicamos el plan a todos los empleados y partes interesadas para asegurar su comprensión y apoyo. Supervisé personalmente la ejecución para asegurarme de que se llevara a cabo según lo planificado.

You can tackle a challenging financial problem by developing an action plan Based on the problem analysis, create a well-defined action plan aimed at resolving the financial problem. The plan should include specific and clear steps, measurable goals, and a defined timeline

Después de implementar nuestro plan en Flow Investing Capital, revisamos los resultados trimestralmente. El análisis mostró una mejora en nuestra liquidez y una estabilización de nuestras inversiones. Aprendimos lecciones valiosas que nos ayudaron a mejorar nuestras estrategias de gestión de riesgos.