What attributes do you need to be in accounting and finance?
Thinking of a career in accounting and finance? We’ve asked our clients what they look for in an ideal candidate in order to succeed.
The internet and LinkedIn Pulse is full of advice and insight into exactly what leadership is – and different people will have their own opinions on what constitutes a good leader. But ultimately, leaders are those who set the direction of a business and aim to bring their colleagues along on this vision. A strong leader must be able to inspire and motivate their workforce and use their skills to manage and assist their teams.
Strong technical and analytical skills
Accounting and finance as we all know is more than a number crunching game, and requires a technical and analytical brain.
Having ability to process complicated and often-ambiguous data on a day-to-day basis is critical. And so is being able to apply your knowledge both in a practical sense and to a high level of accuracy to ensure these insights can be delivered to the business.
Analytical skills are also important; you should constantly update your knowledge of changing regulatory and reporting standards. Your ability to think incisively and make decisions based on your interpretation of information you are presented with will be critical for your future success.
Effective communication skills
If you want to succeed and develop your career in accounting and finance, then good communication skills are essential. They go a long way to determining how you are perceived by others and whether you are able to relate to people on both an intellectual and emotional level. As the finance function moves out to interact with the business more frequently, to succeed in accounting and finance, professionals need to be able to translate technical information to business leaders in a language and way they will understand, to add-value to their organisation.
A desire to be the best
While businesses want people who are willing and able to be team players, they also want professionals who will deliver high quality work and constantly be learning, looking to improve themselves and trying to improve processes. This means striving to deliver the best results and constantly trying to improve and innovate. So focus on being the best you can be, that way you set yourself up to be noticed when new opportunities come along.
A futuristic outlook
The accounting and finance industry is fast moving and professionals must be able to adapt to the ever-changing operating environment, embracing new processes and market opportunities. A pragmatic outlook can see businesses through good and bad times and help them take appropriate measures to deal with both scenarios, laying down the groundwork for a strong and secure future.
If you are an ambitious person who wants to enjoy a long career and succeed in accounting and finance, it’s certainly worth incorporating these qualities into your professional development plan. If you have expert support to achieve pre-set targets and track your progress along the way, you can identify how well you are progressing and see if you are on course to achieve your ultimate ambition.