Smash Notes

Back to The New CFO: How AI Is Rewriting the Finance Function | Figma CFO Praveer Melwani, with Praveer Melwani & Seema Amble.

Who Should Take a Finance AI Prototype Into Production?

Praveer Melwani wants finance specialists to invent the tools and leave production to a chief information officer group. Specialists know what good looks like, what they want, and the process they are trying to get right, so they are strong at the first prototypes. He does not want the same person checking every upstream dependency, hosting the tool so it still runs if they leave, or hunting for whether anyone else in the organization has the same need.

A world-class chief information officer organization takes the handoff. Kasper Sorensen joined yesterday from Coinbase as the new chief information officer. Interview conversations focused on centralized product manager type functions inside that organization, partnering with the rest of the business teams, finding what is really working, and building foundations others can build on, much like a systems organization.

Grokipedia·Coinbase

Transcript

The New CFO: How AI Is Rewriting the Finance Function | Figma CFO Praveer Melwani ·

a16z

More from this episode

  1. Why Does Figma's CFO Check Data Every Day?Praveer Melwani views data and having access to it as the key unlock for running his day, on a daily rhythm and sometimes more often than that.
  2. How Does Figma Rehearse Investment Memos With AI?Praveer Melwani says people with finance backgrounds created a unique personality for each leader and packaged each one as a set of skills.
  3. Why Does Accounting Help Figma Data Scientists?Praveer Melwani says a couple of the data scientists devoted to finance at Figma come from accounting backgrounds, and their grasp of the work is what enables…
  4. What Does Figma's CFO Pitch to New Recruits?Praveer Melwani has started pitching access to technology when he recruits.
  5. How Do AI Agents Speed Up Finance Research?Praveer Melwani says tools should hand over the first draft of what changed, the first set of expectations, and the first thread to pull.
  6. Why Does Figma's CFO Still Use Excel?Praveer Melwani says Excel is not under threat.

People

More answers like this

Related episodes

Plays from this note through the rest of the episode.

Weekly highlights

One letter a week.

The notes worth hearing, with the minute they were said.