<img src="https://secure.365-bright-astute.com/792771.png" style="display:none;">
Skip to the main content.

1 min read

Skilling up Financial Officers

With change happening all around us, finance officers have to continuously grow their skills and attitudes to cope. Here are the top 4 skills that Financial Officers need to have.

Skills for a Financial Officer

Resilience

The ever changing economic environment, paired with the increasing political uncertainty and rising levels of competition mean that financial officers need to build a resilient mindset. They will be given ever greater levels of responsibility, which ultimately means opportunities will also rise. Financial Officers must have confidence in their self and strategy.

Leadership

The modern Finance Officer is an agent of change within an organisation, being able to align the financial responsibilities with the strategic objectives to drive transformation.. As such a Finance Officer needs an understanding of the core issues affecting each department and the interdependencies between such departments. They are much more heavily involved in driving the organisation’s culture and in turn becoming more engaged with employees to improve efficiency and productivity.

Increasing Technical Skill

Finance Officers who use resource planning solutions such as Sage Enterprise Management  are in a better position to increase the success of their organisation, with research showing that a third of CFO’s believe that digital investment transforming their business. Financial Officers will need to work with the latest technologies to build data driven decision making skills, and become self sufficient.

Cloud expertise

The cloud is becoming more popular for organisations as it allows individuals to share work across teams. Financial officers will need to utilise the cloud and its tools, for productivity benefits, compliance requirements, and IT cost reduction.

By combining the ability to manage various functions in a business, along with learning new technologies, financial officers can position themselves at the top of their field, as well as benefiting their business greatly.

You might also like

Today's challenges in distribution: How to choose the right ERP

Today's challenges in distribution: How to choose the right ERP

For businesses navigating the international trade tariff changes, evidence from our SME survey shows that many manufacturing and distribution ...

Read More
Supply chain management: Definition, components, and technologies

Supply chain management: Definition, components, and technologies

In today’s competitive business landscape, efficient supply chain management (SCM) is essential for staying ahead. From sourcing raw materials to...

Read More
8 signs you’ve outgrown Excel for budgeting and planning

8 signs you’ve outgrown Excel for budgeting and planning

If you’re still using Excel for your business budgeting and planning, you’re definitely not alone. Many growing UK businesses with 50–200 employees...

Read More

Latest

Keep up to date with CPiO's latest blogs, news and events

AI: The Golden Opportunity for Modern CFOs

AI: The Golden Opportunity for Modern CFOs

If you're a CFO in today's rapidly evolving business landscape, you're acutely aware that your role is no longer confined to just reporting on past...

Read More
Finance leaders, financial close and the future

Finance leaders, financial close and the future

As a finance leader, we know you are faced with various business challenges on a daily basis. Manual processing and over-reliance on spreadsheets...

Read More
What does it mean to be a Sage Foundation member?

1 min read

What does it mean to be a Sage Foundation member?

CPiO is committed to supporting Non-profit organisations. As a member of Sage Foundation, we support UK charities, of all sizes, via...

Read More