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

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 them to be better builders.

They understand the work has to be really, really hard and always correct. They already know the nuances of checks and balances, what a refund is, and what an uncollectible is. The nomenclature is what lets them build well. Data science partners on the product team build as much product intuition as the product managers and engineers, if not more. They sit on the core team that can ideate and push change, and they do it by leveraging a different tool.

He could see the same background translate to a finance engineer. A shared understanding of what is necessary is the part he treats as already useful. Building the context over time stays possible, and building enough of it is important because it lets a builder push other people's frame of thinking.

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

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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. 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.
  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.

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