Common finance skills examples for you

Common finance skills examples for you

Blog Article

Learn some examples of financial organizations and what they look for in candidates.


Nowadays, technical finance skills are commonly associated with industry-specific positions, such as accounting, banking, underwriting, financial evaluation, or insurance brokerage. As William Jackson of Bridgepoint Capital might understand, such finance skills only scratch the surface when examining the finance sector in general and what is expected of every specialist or candidate in this sector. This is because financial specialists are expected to have a good blend between soft and hard skills that allow them to manage stakeholder relationships successfully. Although the finance industry is unique and each position requires varying hard finance skills and experience levels, there are some skills that are regarded as mandatory throughout all positions in this fast-paced sector. For instance, being comfortable with numbers and quantitative skills is absolutely up there as a priority ability, as you will likely be dealing with numbers and statistical datasets as a financial professional at some point.


Regardless of what particular 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 entry-level candidates, or at least the ability to interpret financial statements and company reports. This doesn't imply you need have previous experience as an expert accountant, but rather proficiency in reading and interpreting financial records. This is due to the fact that the insights that can be derived from such reports are crucial for executives and stakeholders when it relates to assessing an organization's financial health. Moreover, since accounting knowledge is fundamental across a range of different financial positions in the industry, companies tend to offer competitive compensation for those that have professional accounting credentials or demonstrate the necessary accounting abilities.


The financial industry in today's world is probably one of the most competitive fields out there, which is why you must develop the essential abilities that are expected as a minimum in this dynamic and highly competitive field. For instance, 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 relationships are integral to success for financial leaders, particularly in times of uncertainty or challenges. As a leader in a financial organization, it's extremely important to ensure that your relationships with your clients are strong, as these customers are essentially entrusting you with their money, and trusting you to make the best economic decisions for them to maximize their assets and resources. As a result, managing your key and long-term professional interactions with your stakeholders effectively takes time to build confidence, respect, and credibility with them.