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The Merging of Finance and Operations in the C-Suite -- Kenny Jen, Startup Finance Advisor at Pilot
Manage episode 358048583 series 3457724
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Kenny Jen is a member of Pilot's CFO Services, where he advises startups at various stages on finance, fundraising, and strategy.
Before joining Pilot, Kenny managed product development, supply chain, and strategic finance for a consumer goods startup in Los Angeles. Before that, he was an investment associate at a venture capital fund.
Kenny has consulted companies in a wide range of industries, including health and wellness, SaaS, CPG, marketplaces, and retail.
In this episode, Kenny speaks about the role of finance and the CFO. He believes the role has changed over the last 5 to 10 years from data collection and accuracy to systems building and interpretation of that data.
He sees the role of finance and operations coming together, with CFOs and finance teams becoming a part of the strategic element and working closely with operations. Kenny mentions that the most exciting innovation in accounting and finance is around automation and streamlining manual processes. He highlights the challenge of balancing execution and data collection with the processing time and brain power to interpret that information.
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