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 applicants.


Nowadays, technical finance skills are commonly associated with industry-specific roles, such as accounting, banking, underwriting, financial evaluation, or insurance brokerage. As William Jackson of Bridgepoint Capital might know, such financial skills only scratch the surface when analyzing the finance sector in general and what is expected of every professional or applicant in this industry. This is because financial professionals 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 different hard finance skills and experience levels, there are some skills that are regarded as mandatory throughout all positions in this dynamic sector. For example, being comfortable with numbers and quantitative skills is definitely up there as an important skill, as you will likely be working with numbers and statistical datasets as a finance professional at some point.


Regardless of what particular department you work in, there are some general finance skills that you will have embedded in your resume, as Edward Tilly of Clear Street would know. Accounting skills is one example of this. Nowadays, companies in the finance sector look for accounting backgrounds in graduates, or at least the ability to interpret financial statements and company reports. This does not imply you need have previous experience as an expert accountant, but rather proficiency in reading and analyzing economic documents. This is because the conclusions that can be derived from such documents are crucial for executives and stakeholders when it comes to evaluating an organization's financial health. Moreover, since accounting knowledge is fundamental throughout a range of different financial roles in the industry, companies often to offer competitive salaries for those that have certified accounting qualifications or possess the required accounting abilities.


The finance sector in today's market is probably one of the most competitive fields out there, which is why you should develop the core abilities that are required as a minimum in this dynamic and fiercely competitive sector. For example, relationship-building skills are probably some of the most crucial soft finance skills out there today. As Hugo Bedford of JM Finn might know, reliable connections are integral to success for finance leaders, particularly in times of instability 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 customers are essentially entrusting you with their money, and counting on you to make the best economic choices for them to grow their capital and wealth. As a result, building your key and long-term working relationships with your stakeholders effectively takes time to cultivate confidence, respect, and credibility with them.