Recognizing basic finance skills that you need

Recognizing basic finance skills that you need

Blog Article

Here are a few finance skills that companies look for in a CV nowadays.


Today, technical finance skills are often linked to industry-specific roles, such as accounting, banking, underwriting, financial evaluation, or insurance brokerage. As William Jackson of Bridgepoint Capital might understand, such finance skills merely scratch the surface when analyzing the financial industry as a whole and what is expected of every professional or candidate in this sector. This is due to the fact that finance specialists are expected to have an excellent balance between soft and hard abilities that allow them to manage stakeholder relationships effectively. Although the finance sector is unique and each role requires varying hard finance skills and experience levels, there are some abilities that are considered essential throughout all positions in this fast-paced industry. For example, being comfortable with numbers and data-driven analysis is absolutely up there as an important skill, as you will likely be working with numbers and statistical datasets as a finance specialist one way or another.


Regardless of what specific department you work in, there are some general finance skills that you must have embedded in your CV, as Edward Tilly of Clear Street would know. Accounting abilities is one example of this. Nowadays, employers in the financial sphere look for accounting backgrounds in graduates, or at least the capacity to dissect financial statements and company documents. This doesn't imply you need have previous experience as an expert accountant, but rather proficiency in reading and interpreting economic documents. This is due to the fact that the insights that can be derived from such reports are crucial for executives and stakeholders when it comes to evaluating a company economic health. Additionally, since accounting knowledge is fundamental throughout a range of diverse financial roles in the industry, companies often to offer competitive salaries for those that have professional accounting credentials or possess the necessary accounting abilities.


The finance industry in today's market is probably one of the most competitive fields out there, which is why you should build the essential skills that are required as a minimum in this dynamic and highly competitive field. For example, relationship-building abilities are probably some of the most crucial soft finance skills out there today. As Hugo Bedford of JM Finn would know, reliable connections are integral to success for financial leaders, especially in times of uncertainty or challenges. As a leader in a financial organization, it's very important to ensure that your relationships with your clients are solid, as these clients are essentially relying on you with their money, and counting on you to make the best economic choices for them to maximize their capital and resources. As a result, managing your key and long-term professional relationships with your stakeholders effectively requires time to cultivate trust, respect, and authenticity with them.