Chapter Happenings and Updates |
|
Dear Members & Friends,
It's hard to believe that the holidays are just around the corner. Before that busy time officially hits, I hope you'll take a moment to review our many offerings and happenings coming up.
We are excited to provide an update on our Diversity, Equity and Inclusion efforts from the past year. In addition to many educational programs that we've offered we also have just concluded the first year of our mentoring initiative. Please see below for an update and a special THANK YOU to Judy Wright for leading the local efforts and serving on the National DEI Committee!
Please also review the membership section to see how to make the most of your membership. Download your FREE FERF report or learn more about FEI's new program FEI Engage. This is a great way to give back to the next generation by becoming a mentor to the next generation of finance professionals. Also, please forward this information to early-career professionals in your network.
We have an excellent fall line-up of programming and events, so please sign up for these today. Please see the just released details on our 2022 programs too including a virtual chocolate taste testing and the 9th Annual Capital Markets and M&A Update.
Please reach out at any time with your ideas and how you would like to participate further. I would like to hear from you!
|
|
FEI Twin Cities Board President
(651) 312-9260
|
|
|
FEI Twin CIties Diversity, Equity and Inclusion Update |
|
JUDY WRIGHT
Diversity, Equity and Inclusion Chair
|
|
As we closed the month of October, we successfully concluded our one-year FEI & NABA Mentorship initiative in our Twin Cities Chapter.
This initiative started in September 2020 with our commitment to diversity, equity, and inclusion led by FEI National DEI Committee, and we collaborated with the Twin Cities NABA chapter and paired 5 mentors (mentor volunteers were FEI members, FEI BOD, FEI SP) with 5 students from various colleges in MN, who also were members of National Association of Black Accountants (NABA TC chapter).
The feedback from both mentors and mentees for this mentorship experience was very positive and valuable to everyone, and we are now more than convinced that our future initiative to other minority groups will be instrumental to our DEI commitment as a senior financial professional organization.
If you would like to get involved in our DEI initiatives please contact Judy Wright at judy.wright@btmglobal.com.
|
|
Now is time to benefit from your FEI membership by…
- Connecting with your peers and industry leaders
- Learning through cutting edge content and meetings to stay ahead of industry trends
- Developing leadership skills to advance your career through our professional development and career management sessions.
|
|
Share your news with the Chapter
We encourage our chapter members to share submit news to share. Examples of submission topics include:
- New hires or promotions
- Personal or company professional recognition or awards
- Finance best practices and tips
- Announcements about your participation in other organizations, such as associations or nonprofits
|
|
FERF Report - DOWNLOAD YOUR FREE REPORT TODAY
Bringing the ESG Ecosystem to Life - Financial
Professionals and the Sustainability Journey
|
|
Demand for high-quality information related to a company’s reporting on environmental, social, and governance activities (ESG) has dramatically increased. As one finance executive noted, “there are companies or customers that won’t do business with us unless we do a climate survey and score a certain grade, so customers are demanding it. Investors are interested in it. Our peers are doing it. If you don’t report on ESG, you look like you’re not keeping up with others in your industry.”
Given financial reporting professionals’ critical expertise with disclosure and control implementation, it’s no surprise that Financial Executives International (FEI) members are being tasked with implementing ESG disclosures in filings and dedicated sustainability reports.
But in reality — according to our survey and subsequent interviews — management reporting professionals are only at the onset of integrating ESG information into their financial reporting practices because of significant hurdles, including competing and sometimes conflicting disclosure frameworks, reporting methodologies, and stakeholder demands.
|
|
We encourage you to engage with FEI and explore your member benefits during a trial membership so that you can understand the value the Association has to offer long–term, both at a National and Chapter level.
Previous members are not eligible for the free trial, but we’ve lowered our dues for existing members while expanding our programs, so our value proposition has never been better! And, if you’re in transition, we may be able to get your dues fully paid for by a third party.
If you have any questions about your trial membership or FEI’s benefits and services, please reach out to Rosanne at rbump@feitwincities.com or membership@financialexecutives.org or 877.359.1070.
|
|
FEI is thrilled to announce the launch of a new platform that will strengthen FEI and the finance and accounting profession. FEI Engage is a community and content hub designed to engage the next generation of finance leaders, and the only platform of its kind focused strictly on the finance and accounting community.
Key Features of FEI Engage
Mentor Match connects an early career professional with an industry veteran for one-on-one networking.
How I Got Here enables experienced finance professionals to share their career journeys so others can learn from them.
FEIconnect is a social network for peer-to-peer interaction and information-sharing.
Data Dashboards provide specific information that can give users a competitive edge, like Financial Education & Research Foundation’s Audit Fee Data.
Conversation topics include diversity, equity, and inclusion; career development and transitions; networking skills; leadership development; and more.
Why FEI Engage? Why Now?
As you are probably aware, there is a critical shortage of talent in the finance and accounting profession—with no end in sight. FEI Engage was created to connect students and early career professionals with business veterans for mentorship, learning, and development.
When these young people get the advice and insights they need to further their careers, we all benefit. The finance talent pool grows, the profession gets stronger, and companies fill their talent pipelines. And perhaps these young people will one day become engaged FEI members.
Give Back, Become a Mentor
We invite you to participate in FEI Engage by serving as a Mentor Match mentor to share your unique perspectives, wisdom, and experience with up-and-coming finance and accounting professionals. If you are interested, please log in (using your FEI credentials) and enroll as a Mentor. It only takes about 5 minutes to complete the process. Click here to enroll as a Mentor.
Thank you for all you do to support FEI and the finance profession. If you are interested in sharing your knowledge and experience with the next generation of finance and accounting professionals or learning more about FEI Engage, please contact Olivia Berkman at feiengage@financialexecutives.org.
|
|
Consider volunteering with us
Meet FEI Members and Strategic Partners and build lasting relationships.
Getting involved as a FEI Twin Cities Board member is a great way to build your leadership skills and gain experience on a board. PLUS all you'll get free registration to the Minneapolis Business Journal's CFO of the Year program AND free registration to the National Leadership Summit in May!
Current FEI Twin Cities volunteer openings include:
- Corporate Membership Chair
- Trusted Peer Group Chair
- Membership Retention Volunteer
|
|
Thank You to Our New and Renewing Members!
Please take a moment to reach out to our members on LinkedIn.
|
|
Hazelden Betty Ford Foundation
Juhl Energy, Inc.
Vertin
|
|
Leland LeBlanc
HGA
Pace Analytical
LinkUp
Starkey Hearing Supply Company
|
|
It is so FUN to see everyone in person again! We hope to see YOU at a meeting soon too. |
|
Sociable Cider Werks Networking & Image Sensing Systems CEO & CFO Event. |
|
FEI Twin Cities Events
Challenges of the CFO, Professional Development Session
Wednesday, December 1 | 8 am - Noon | eCapital, Bloomington, MN | Register
In-Transition Monthly Networking Meeting
Tuesday, December 14 | 7:15-9 am | Register
Vikings vs Bears Virtual Tailgating Social
Monday, December 20 | 6 - 7 pm CST | Register
In-Transition Monthly Networking Meeting - An insider's perspective to the hiring process
Tuesday, January 11 | 7:15 - 9 am | Register
9th Annual Capital Markets and M&A Update
Wednesday, January 26 | 7:30 am - 12:00 pm | Register
FEI Twin Cities Gourmet Chocolate Tasting Event
Thursday, February 24 | 4:14 - 5:30 pm | Register
More programs will be announced soon! Visit here to see the full lineup.
|
|
Upcoming Events Highlights - Register Today! |
|
Professional Development
Challenges of the CFO
Wednesday, December 1 | 8 am - Noon | eCapital, Bloomington, MN | Register
Click on this fun video to see what Session 2 - Real Estate 2.0 will cover. Thanks to the Cresa team for making this fun video happen!
Join us for this in-person professional development session on the challenges CFOs are facing in this current climate. Bring to this session the challenges you are facing or seeing on the horizon as we expect engaging conversation.
8 AM: ATTRACT AND RETAIN TALENT: CREATING A PEOPLE-FIRST WORKPLACE
Talent Shortage, The Great Resignation, The Great Reshuffle – take your pick. The trend is people are leaving their roles at a faster pace than ever before. As of October, there are still 10 million job vacancies across industries. Companies are getting creative with new ways to hook talent, but many are thinking too short-term. Join this panel to hear from CFOs and CHROs about how their companies are taking a people-first approach to talent, leaning into employee needs, investing in people strategies, and more. Presented by Salo.
9 AM: REAL ESTATE 2.0 - THE IMPACT OF LABOR ANALYTICS ON CORPORATE REAL ESTATE DECISION-MAKING - click on the Jim and Sue Video above for a preview of the content!
With a changing composition of the labor pool, how closely are real estate and recruiting decisions connected in order to win in a post-covid world? Join us for an engaging and fast-paced panel discussion, moderated by Jim Vos, Principal of Cresa Minneapolis.
10 AM: BUSINESS IMPLICATIONS OF A REMOTE WORKFORCE
The COVID-19 pandemic caused a shift in the working patterns of employees on an unprecedented scale. The success of remote working has forced or encouraged many to rethink the traditional office working policies to maximize employee wellbeing and retention. In this session, BDO leaders Eric Nelson and Greg Schu will speak to the business, tax, security, and people implications of a remote workforce — as well the potential risks associated with such an arrangement.
11 AM: HOW TO MAKE PREDICTIVE INSIGHTS A REALITY
As companies are shifting from legacy systems to the cloud, accessing and analyzing data is still core to a finance leader’s job. It may sound unrealistic or too futuristic to use your data for predictive insights, but it’s now a modern reality. Organizations are using their data to garner predictive analytics that can provide real financial value to their bottom line as well as their competitive advantage. Presented by eCapital.
1 CPE will be available for each session attended (4 total available).
|
|
REGISTER NOW for this FUN Competition - Virtual
Vikings / Bears Tailgating Networking Event
Monday, December 20th, 2021 | 6 to 7 pm CST
|
|
Join fellow FEI Members from both Twin Cities and Chicago for some friendly and informal tailgating prior to the MN Vikings / Chicago Bears football game on Monday, December 20 at 6:00 CST.
Wear your favorite Vikings or Bears gear and grab your favorite beverage and snacks for some networking fun.
Expect fast-paced trivia, the opportunity to win valuable prizes, and most likely, a little trash talk! More details are available on our website.
This is a free event and is open to all FEI members, strategic partners, sponsors, and qualified guests and will be conducted using Zoom.
SPECIAL OFFER - GRAB SOME GEAR...
All FEI Chicago and Twin Cities members and event attendees will receive a 20% off discount and free shipping from our friends at Pro Image America. Simply visit www.proimageamerica.com and use the code GOFEI. The offer is valid through 2/20/22.
This is our second year hosting this event and we expect it to be even more fun than last year. We hope to see you there!
|
|
2022 Financial Leadership Summit - Mark Your Calendar
May 15-17, 2022
Join FEI as we "get the band back together" for the 2022 Financial Leadership Summit in the Rock and Roll Capital of the World, Cleveland, Ohio. Experience a power-packed program, full of high-impact keynote sessions and interactive discussions designed for financial leaders. Discover the latest best practices to drive your business strategy, empower your workforce and foster a culture to shape your organization's success. Don't miss this opportunity to network with more than 500 of your peers where you'll learn, collaborate, and build ideas for a better future in finance. More info at financialexecutives.org.
|
|
ESG Ecosystem Conference: Micro Perspectives
March 22-24, 2022, Virtual
Environmental, Social, and Governance (ESG) issues, risks, and strategies continue to be front and center for executive teams and boards. But it’s finance and accounting professionals that will need to translate those broad goals into actionable metrics and relevant disclosures. Hear finance professionals at the forefront of ESG reporting share insights on topics ranging from how they got started to where they are now, how they have integrated ESG into their reporting, and other practical insights based on their experiences.
The ESG Ecosystem Conference: Micro Perspectives will bring together leading minds from across the ESG Ecosystem to deliver the insights needed to strategically plan and share best practices in responding to the practical challenges of increased ESG integration into the world of finance.
|
|
Other FEI Chapter Meetings
|
|
prouty i•will (igniting women in leadership + life)
Seats available - Starts February 2022
Imagine a place where women seeking to develop their best selves at work and at home are supported by other inspiring professionals ready to name and embrace their “inner why”. That’s prouty i•will.
|
|
Prouty Project Jammin' Session #266
Tuesday, December 7 | Martin Frey | 2016 Guinness World Record holder to climb the world’s Seven Summits and sail the Seven Seas
“The Adventure Mindset”
|
|
Finance's Great Paper Problem
Today's finance teams face many challenges to modernization, but one of the biggest digitization hurdles is missing customer accounts payable email data. Without accounts payable email addresses, finance teams are forced into paper-based, manual...
Read more
www.financialexecutives.org
|
|
|
|
|
|
Bringing Power to Purpose
Over the past year, the COVID-19 pandemic has catalyzed lasting and indelible changes in the ways that both companies and their workforce perceive purpose. There has been a visible shift from Shareholder to Stakeholder Capitalism that includes a...
Read more
www.financialexecutives.org
|
|
|
|
|
|
Follow us on Social Media! |
|
YouTube contains recordings of our most recent programming! Click images below.
|
|
Nov 2 | Three Things You MUST Do on LinkedIn
|
|
Oct 19 | Image Sensing Systems CEO & CFO
|
|
Featured Gold Level Strategic Partners |
|
Redpath and Company helps clients make more informed decisions that contribute to their financial well-being by providing proactive, innovative, and value-driven certified public accounting services. Whether you’re a U.S. company with operations overseas or a multinational company with operations in the U.S., you need to understand the potential tax liabilities and compliance risks that come from having a global footprint. Your Redpath and Company international tax advisor will help you navigate the complex laws and minimize your tax exposure by understanding your unique business goals and strategies—and your business can continue to grow smart and more profitably.
Redpath and Company focuses on closely-held businesses, government entities, and not-for-profit organizations. Areas of expertise include audit and attest; personal, business, and international tax; entity structuring; mergers and acquisitions; valuations; succession and estate planning; state and local tax; and sales and use tax. Headquartered in downtown St. Paul, Minnesota, Redpath and Company is 100% employee-owned (employee stock ownership plan, or ESOP) and has been in operation since 1971. Redpath and Company is a member of HLB International, a global network of independent advisory and accounting firms.
|
|
CIBC U.S. provides tailored commercial, wealth management, personal, and small business financial solutions as well as cross-border banking services to clients with North American operations.
We are backed by a 150-year-old Toronto-based, global financial institution with our U.S. headquarters in Chicago. We invest in our businesses, our clients, our people and our communities.
We strive to build trusting and enduring relationships by putting our clients at the center of all we do. We use our values to guide our decisions, actions and interactions with our clients, our team members and our communities.
Member FDIC | Equal Housing Lender.
|
|
Learn more about all of our Strategic Partners here.
|
|
Thank You FEI Twin Cities Strategic Partners! |
|
|
|
|
|
|
