Timothy Here Again,

As an auditor, finance director or a finance manager, there are some additional core and soft skills you are expected to have, even when your position does not demand it immediately. Sooner or later, there will be a need for it. In the face of evolving demands, opportunities for audit and accounting professionals remain robust.

In fact, most chief financial officers tell us that talent shortages are severe, including in professional and financial services. So, if you still want to be competitive in this ever-changing and dynamic profession, then you must have these core skills. These include:

1. Risk and Compliance Expertise: Facing greater regulatory demands, businesses are looking for candidates with advanced knowledge of risk model validation methods, regulatory compliance, and mergers and acquisitions.

2 Excellent IT Skills: Accountants and auditors have access to more and more sophisticated tools for business intelligence and data analysis. But staying current with technology is the greatest pressure facing accounting and finance teams. However, there are still some basic knowledge you are expected to have which include Advanced Excel, ACL, Financial Modelling and if you are working with a small and medium scale enterprise, QuickBooks, Sage 50, Tally, Xero, Sage One software etc is a must

3. Interpersonal skills: Beyond analytical skills and the ability to keep up to date with business activities and revenue streams, soft skills are among the attributes needed to succeed. Nearly all postings for financial positions list some sort of interpersonal skills, such as planning and organizational abilities, the ability to work well in teams and independently, and the capacity to work under pressure.

Still want to prepare yourself for what the market needs for the sole purpose of remaining relevant in this ever-changing world, get your Accounting, Financial and Personal Productivity Videos.

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To decide if you still want to be continuously relevant...

Dedicated to Your Vision and Success
Tim Jibodu, FCA