Finance and accounts are considered the key building blocks of any organization, big or small. Financing and accounting roles are thus treated as the most in-demand.
A person with astute knowledge, skill, and experience in this field has a plethora of opportunities awaiting them and varied places to go.
It is crucial to understand what these jobs demand and how one can climb the ladders to become a good finance executive.
Before we dive in, let us get crystal clear on what accounts are and what the financing and accounting jobs are.
What are accounts and accounting?
Accounts in the language of business (or commerce) is defined as a record of financial statements and receipts of any business house in a particular period; It is a balance sheet of all financial expenditure.
And the process of keeping these financial records along with their systematized analysis and management is what accounting is defined as.
The process of accounting involves all those actions that pertain to the regular functioning of a business, including analysing and reporting the transactions to the authorities that are in charge of the financial matters of the company.
If you are handling the expenditure information of any restaurant and managing the salaries of its staff and looking after revenue and costs, then you are doing accounting.
But we also need to understand that accounting is not just handling revenues and expenditures but also capital and assets, liabilities and complex financial materials.
Finance account jobs are highly sought-after jobs, and anyone looking for an accounts job in Chennai should have a fair idea of what the skills are needed to be a good finance executive and what the different types of account executive jobs are available in Chennai.
1. A formal Accounting Qualification
Before you begin on this financial journey, it is essential for you to have a minimum educational qualification pertaining to accounts and finance. Graduation in any of the commercial fields such as finance, accounts, maths, and economics will do. Apart from this, major qualifications such as CA or CPA can work and are important indeed.
2. Interpersonal Skills
Finance executive jobs are often interchangeably used with on-the-chair and in-the-cubicle jobs, connoting that these jobs are confined only to paper and system work. But modern times have drastically shifted its definition to something that also involves a human touch.
Now, a finance executive is required to have robust communication skills that will help him strengthen the company’s relations with clients and exhibit successful collaboration.
There’s no escape from verbosity when you are in touch with a human, and it is important the finance professional has enough verbal skills to deliver and designate himself and the company he is working for.
3. Financial Reporting
You can not escape finance when you are in financing! A finance executive job in Chennai requires strong financial reporting skills. A high aptitude in reporting and analysing is a prerequisite of over the edge finance jobs.
4. Problem-Solving Skills
As a finance professional, you must have the know-how to address issues that lead to financial implications. You must understand and contribute solutions to your client’s tax matters. A good problem solving record will broaden and brighten your career growth.
5. Digital Skills
The onus provided on digitization in the present era is enough to let you know that your job will demand the same digital input from you, and that is why it is essential you inculcate digital skills within you to match the current portfolio requirements of companies.
Types of finance executive jobs
There are 6 main types of finance executive jobs.
1. Accountants: These professionals organize and evaluate a company’s expenditures.
2. Auditor: These professionals examine a company’s financial reports by conducting an audit through legal terms.
3. Budget Analyst: These professionals work with a manager to look at the company’s budget.
4. Accounts Payable Specialists: These professionals keep records and manage the financial liabilities of a company.
5. Tax Accountant: These professionals handle tax matters of either a company or any individual client. They plan to tax and research taxation.
6. Forensic Accountant : These professionals evaluate a financial crime or fraud by analysing a company’s or a person’s financial history.
Concluding Remarks:
There are several other roles waiting for an accounts job in Chennai. All you have to do is dig deep to find the opportunities awaiting you!
Qwirk provides you with the opportunity to connect with companies and clients who are looking for an upskilled account executive. Get ready to be discovered and get ready to deliver!
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