Cornell University graduate Ranjeet Reddy Paladugu has more than 20 years of experience in the business. Ranjeet Reddy Paladugu he leverages his expertise in business strategy and Financial Planning and Analysis (FP&A) to inform his role as the CEO of Specialty Holdings.
FP&A involves the forecasting and analysis of a company’s income statement and operating performance. FP&A professionals develop financial forecast reports which include the company's strategic plans. These reports are directly submitted to senior management, who are in charge of reviewing and finalizing decisions as well as communicating the next action steps to various stakeholders.
In addition to budgeting and forecasting, FP&A include special financial projects and provide decision support. Decision supports, which rely on financial data and budgetary forecasts, take the form of historical financial analysis, variance reports, forecasts, and performance indicators. Together, these reports provide executive-level information to improve overall performance while minimizing risk. Moreover, the decision supports capture new internal and external business opportunities.
