5 Practical Tips To Build A Finance Career
Confucius said: Choose a job you love and you will never work a day in your life.
If you are one of those who has decided to build a career in Finance, these are some useful tips.
1.
Obtain a Professional Qualification-
CA,
CMA, CPA, ACCA, FRM are some premium qualifications,
that provides a cutting edge for building a Finance Career.
Depending
on the aptitude and inclination, these qualifications equip oneself
with the wherewithal and the depth of knowledge as well as growth, in
the coming years in India as well as abroad. To do so one can enroll
with a reputed coaching institute for training. However, this is not
mandatory.
2.
Networking and seeking a Mentor-
It
would be mean to network with professionals and companies and join
forums like LinkedIn etc. and other social media platforms to connect
with seniors, who would guide as well as provide opportunities.
As
in the ancient days, there used to be Guru/wisemen, who would share
experiences and insights, it would be very useful to seek a Mentor or
a Role Model. Invest in professional friendships with your peers
while you are in training. This would give support in difficult
times and clarity in direction.
3.
Soft Skills and Communication-
In
current times, this aspect cannot be overemphasized. Honing ones soft
skills and good communication in the Work from Home (WFH) era is all
the more important as efficiency and productivity would be judged by
this. The efficient interactions with seniors, team members and
external stakeholders would minimize miscommunication or
misunderstandings, if one improves one’s soft skills and
communication.
There
are various e-learning portals, webinars, online training that can be
enrolled to fine-tune this area.
4.
Continuous Learning and Rebooting-
As
there are numerous legislation which is ever-changing it is
imperative that a Finance Professional has to learn-unlearn-relearn
and reboot oneself. For a professional to stand out in the crowd, he
should be well equipped with relevant knowledge. This knowledge needs
to be upgraded from time to time.
This
may be easily accomplished by reading journals, attending webinars
and online training.
Learning
software like Tally, Zoho, QuickBooks and Excel is a good way to
prepare oneself as it would make the candidates ready for entry-level
jobs.
5.
New Horizons-
Due
to the globalization of commerce and digitalization, there are a new
horizon that signals the dawn of the new era.
AI/Robotics
Processions/Data Analytics/IOT are some domains which Finance
Professionals would do well to familiarize themselves. These areas offer
tools and skillsets which facilitate work of a Finance Professional.
Conclusion:
The
American actor Christopher Reeves, who played Superman in four movies
was paralyzed completely for 10 years due to an accident, once
said- So many of our dreams at first seem impossible, then they
seem improbable and when we summon the will, they soon become
inevitable.
The
above quote is inspirational from the actor, who though paralyzed set
up a charity for millions suffering from paralysis.
This
is a call to urge all Finance Professionals to get inspired and
reach out to achieve their true potential.
Author
G.Srikumar, FCA. Independent Director
Background:
Currently having a Sole
Proprietorship Firm styled as G.SRIKUMAR & Co.
Currently with JRS & Co,
Chartered Accountants, as Director (formerly Partner for 10 years) in
charge of the Bangalore Branch. The Firm has 5 offices
(Bangalore/Kochi/Kollam/Trivandrum/Dubai)
The Firm offers services of
Accounting/Auditing/CFO Services and Taxation Advisory Services.
Holds Independent Director role with
TJL Ltd for the last two years.
Holds Governing Council role in an E
Education LLP.