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What Kind of Skills Are CFOs Looking for in New Hires?


If you pursue higher-level accounting or finance job opportunities, you will most likely be speaking with the company chief financial officer (CFO) during the hiring process. By earning a Master of Business Administration with a corporate tax concentration you can obtain advanced finance and accounting skills that help you to stand out above those who do not possess the same credentials. Such a degree can be earned quickly and on your own schedule through one of many online MBA programs.

Finance and Accounting Skills

Finance and accounting skills are essential tools for turning business intelligence into strategy. From accounting procedures to legislative development, the world of finance is constantly evolving. To maintain success, a company needs individuals who keep pace with the latest trends and laws. According to ACCA Careers: “Within financial services, accountants with an eye for detail and excellent communications skills are sought after, while more banking and investment management businesses are now looking for strong financial products knowledge.” Essentially, businesses are looking for the whole package: finance and accounting skills no longer mean just being good with numbers; the focus now is on understanding how business works from the ground up.

Technological Skills

According to Robert Half, a specialized staffing service, businesses are seeking technological expertise, as financial departments are moving towards an analytics-centered system. As a result, an advanced working knowledge of technological systems is important for any individual looking to advance in a business career. New hires are expected to have advanced Excel skills; knowledge of large enterprise resource planning systems; expertise in data analytics, advanced modeling techniques and the use of SQL; and knowledge of business software including IBM Cognos, MicroStrategy and QuickBooks.

When you interview with the CFO, keep the entire business in mind as you respond to questions and discuss your experience both as a student and as an employee. Finance and accounting skills are important, but they include more than just proficiency in math. In addition, be specific when discussing your experience with different technologies as they relate to business.


Source:

http://www.roberthalf.com/finance/2015-accounting-and-finance-salary-guide


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