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Forecasting and Leading (FP&A) in Las Vegas

Forecasting and Leading (FP&A) in Las Vegas

FromFP&A Today


Forecasting and Leading (FP&A) in Las Vegas

FromFP&A Today

ratings:
Length:
57 minutes
Released:
May 7, 2024
Format:
Podcast episode

Description

We host our first ever FP&A guest from the US casino and gambling sector with the head of FP&A at Genting Americas, a world leader in casinos and lodging with luxurious loactions in Las Vegas, Bimini, Malaysia, Singapore, the Philippines, and the United Kingdom.
Bill Singh is VP FP&A of Genting Americas, part of the world’s largest Destination Resort operator operating as Resorts World . Genting boasting five public companies capitalized at $45 billion and employing more than 50,000 people worldwide. This episode  reveals their inside FP&A game including metrics such as “win per unit per day” tacking the “hold”. Bill is strategic leader with more than a decade leading FP&A and providing insights on skills and budgeting management, to insider advice about gaming.
In this episode:
Getting an unexpected offer of an FP&A role at a casino in Nevada
Why FP&A at the “nexus of data and decision-making” is an “ultimate” career path 
Critical skills you must develop in FP&A 
Giving “X+1” in your FP&A answers
Salesmanship in FP&A
FP&A metrics: “Win per unit per day and hold”
Lodging: occupancy, your ADR, your revenue per available room
Odds and statistics from tables, games and FP&A modeling 
Insider advice about gaming (including “Don’t play a game right by the door”)
The power of leading budget for the operating side and the capital budget for all divisions +lessons from 10 years of budgeting  
The impact of AI in getting answers faster for operators
MATCH+TEMPO – My favorite Excel function and lessons from drumming  

Follow and connect with Bill Singh: https://www.linkedin.com/in/billsinghprofile/
Released:
May 7, 2024
Format:
Podcast episode

Titles in the series (100)

FP&A Today is the podcast for Financial Planning and Analysis. The weekly show dives into the challenges and opportunities within the world of FP&A, interviewing FP&A leaders, CFOs and other finance pros in order to give you the freshest insights and takeaways. Each week our top guests provide actionable advice about financial planning and analysis – from career goals to navigating challenges, and powerful Excel tips. Our weekly show provides unrivalled insights for navigating FP&A. FP&A Today is brought to you by Datarails. Datarails is the AI-powered Financial Planning and Analysis platform for Excel users.