Whether you’ve been working in finance for several years or just starting out your career, you might have questions about what your professional growth may look like and how you can advance. It’s good to have goals in mind and take advantage of opportunities that may help you along the way.
Right now, finance is one of the fastest-growing industries in the world. Stay ahead of the competition and be informed about the industry as much as you can in order to continue to grow and advance in your field.
5 Tips to Advance Your Finance Career
It’s never too early (or too late) to come up with a good strategy to reach your professional goals. Let’s get started.
Tip #1: Find a mentor
Having a mentor in your field is one of the most helpful ways for you to continue learning and receive sound advice. A mentor is someone who will be able to guide and support you in your role and give you valuable insights into your field and the path you’re pursuing. Having a mentor can be invaluable as you gain wisdom and knowledge from someone who has seen it all. However, it’s important to note that building a relationship with a mentor is important to establish trust and to ensure that everyone’s time is being put to good use.
Tip #2: Network
Another way to build relationships and gain insight from thought leaders and finance professionals is to build your network. Connect with finance individuals on professional social media platforms like LinkedIn and take advantage of networking events to expand your network. You will open a door and meet industry professionals who could help you advance in the field.
Tip #3: Strengthen communication skills
Finance isn’t just about numbers. To really be successful, you need to be an excellent communicator as well. This is because when you have to discuss financial data and concepts, you will have to know how to explain it to people who are in other departments and those who may not understand finance jargon. When you are a good communicator, you are able to effectively and efficiently share details and explanations to help the other person understand what you’re trying to communicate. This is a very important skill that can give you a competitive edge in your field.
Tip #4: Focus on technology
As technology advances, many projects and tasks will be switched to be done online. Make sure you stay up to date with the latest programs and applications that your role, company and field may rely on from time to time. This is extremely important to advance your career since companies want knowledgeable professionals who can navigate current technology to lead their teams. Make this a priority, even if you’re not particularly interested in technology It will be an advantage in the long run.
Tip #5: Participate in training opportunities
You must always be willing to learn and develop your skills throughout your career. Besides keeping up with the latest news and trends, seek training opportunities – through your work or outside certifications – to continuously develop your skills and be knowledgeable with the latest tools and processes in your field. The finance industry is constantly evolving, and you want to stay current and competitive.
Are you looking for a new opportunity? Contact one of our Ledgent Finance and Accounting recruiters today!