Tips for budding finance managers

Featuring Debbie Jacobs, senior director of finance at Experian


Video transcript:

The question I get from a lot of people in finance, especially the senior financial analysts who are early in their career, is, “What is it I have to do to progress? What do I need to do to move from analyst to manager?” And they are basically looking for a checklist that they can go through and say, “OK, I checked the box on A, B, and C, and D, and now I should be a manager.”

And it doesn’t work that way because we can give you checklists and the employees can do everything, but they still may not be manager-ready simply because there (are) a number of soft skills that they also have to demonstrate.

And so it’s important for those of us in finance to offer up guidance so that they truly understand what are the behaviors that I also need to be demonstrating in order to progress within my career, and to have those conversations within your one-on-ones with your employees on a regular basis and not just focus your one-on-ones on trying to solve whatever business problem is at hand.

SPONSORED REPORT

Revenue recognition: A complex effort

Implementing the new standard requires careful judgment. Learn how to make significant accounting judgments and document them and collaborate with peers for consistent application.

TECHNOLOGY Q&A

How to create maps in Excel 2016

Microsoft Excel 2016 has two new mapping capabilities. J. Carlton Collins, CPA, demonstrates how to make masterful 2D and 3D maps in Excel 2016.

QUIZ

News quiz: Economy and health care changes top CPAs’ list

CPA decision-makers’ economic outlook and the House Republicans’ proposed tax changes as part of replacing the Patient Protection and Affordable Care Act received attention recently. See how much you know with this short quiz.