“Ensuring the balance between skills and abilities in the financial chain is essential today for professionals in the financial market.”

The statement is from the ACCA (Association of Chartered Certified Accountants), a renowned association of finance professionals, and reveals one of the trends in the field.

In a survey carried out with financial directors, 80% of respondents agreed with the importance of new professionals having an understanding of the entire financial market chain. In this same sense, more than half of the new generation of professionals chooses to leave the classic career and follow the wide range of activities made possible by the market.

From an organizational perspective, in addition to a high technical knowledge of finance in all the chains of action, the finance director also needs to act as a leader with broader capabilities, which is why contractors invest in qualifications with a broader profile, as is the case with ACCA .

In the article The complete finance professional 2013, ACCA points out competencies and skills, identified by a survey of 500 global finance leaders, which are the most relevant in the market and which contribute to the development of their qualification curriculum. In short, they are ten:

Corporate reports: the preparation of business reports contributes to the understanding of the parties and decision-making;
Leadership and management: managing research and leading organizations ethically facilitates the understanding of the needs and priorities of the parties;
Strategy and innovation: appraising and evaluating strategic positions points out options for increasing the company’s performance and positioning; adopting innovative strategies contributes to business improvement and management change;
Financial management: knowledge of investment and financing applications ensures value creation in areas such as investment appraisal, business reorganization, taxes and risk management, treasury and working capital.
Sustainable accounting management: evaluating and implementing accounting management and systems for planning, controlling and monitoring business performance ensures sustainability in the value created;
Laws and taxation: understanding laws and regulations for companies, taxation and systems is essential to develop a plan that aims to stabilize or minimize liabilities of individuals and legal entities;
Audit: Assessing information from the system and internal controls and collecting evidence of the execution of procedures contributes to meeting the objectives of the audit;
Governability, risk and control: implies evaluating, monitoring and implementing procedures to identify appropriate risks; as well as internal audits and systems control;
Relationship management: ability to manage stakeholder expectations and needs, aligning requirements and effectively engaging stakeholders, communicating relevant information;
Professionalism and ethics: behavior in accordance with the principles of personal ethics contributes to the implementation of appropriate corporate ethical frameworks.