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Ryan Bridges – Corporate Finance
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Guest Profile:
Ryan Bridges, Corporate Finance, Discover Financial Services
Previous Experience: Corporate Finance, Whirlpool Corporation
Studied Finance at Michigan State University
Things to keep in mind for people who want to work in corporate finance:
- You work very closely with other business units
- You are in a support function, so you are technically supporting other business units; however, you still get a seat at the table to make decisions
- Corporate finance needs to help other business units balance the fact that shareholder value needs to be kept in mind
- Influencing your business partners to understand the financial numbers as they are developing their campaigns is a key part of the role
- You get to work with people! You are not just sitting and crunching numbers all day long
- But you do enter data into systems to run analyses
- A critical part of working n finance is providing recommendations. You need to make reports, but business partners value the recommendations
- You can hop around in the different areas of the finance world, as there are so many different things to do (treasury, investor relations, and more)
- The business pulls employees from the finance department, as they understand the value of the financial perspective. There is opportunity to jump to other areas
Insights:
- FP&A = Financial Planning & Analysis
- FP&A is a forward looking view of the finances
- Finance is ever-changing. Decisions can be made quickly at companies, all of which impact the budget
- Finance provides the opportunity to educate others – being able to teach is something that is important
- Listening is a critical skill to understand what the business partner is truly interested in and why they are making they decisions
- All business partners need to be included when making wide-spread decisions, especially finance. There are impacts for everyone in these decisions
Rapid Fire-Round:
- What Ryan wanted to be when he was a kid: Architect
- Best resource for career-related information: LinkedIn Newsfeed
- What helps Ryan when he has a bad day at work: Chocolate chip cookies and a nice bottle of red wine
- Ryan’s favorite product/brand his company makes: Discover It’s LGBT card
Advice:
- Focus on the skill sets that you enjoy
- Your career is a marathon and not a sprint
Why should someone want to be in corporate finance?
- It is a strategic opportunity for companies
- There are roles for people with all skill sets and interests
Get in touch with Ryan Bridges
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