Necessary job skills for accounting professionals encompass more than the capability to crunch numbers, complete expense sheets, and depreciate fixed assets. Apart from traditional accounting knowledge, there are a handful of other hard and soft skills that every accounting professional needs.
Must have General business knowledge
The functions of accounting and finance professionals are expanding. Given the constant interaction with other departments, today’s accounting professionals need sound decision-making, negotiation, and strategic-thinking skills. It’s also essential to be able to see the big picture and understand how your accounting role impacts the overall organization.
Must know Communication skills
As an Bookkeeping and Accounting firms in Dubai professional, the chances are good that you collaborate across departments and interact with a wide array of co-workers or clients. The people you talk with may not be as savvy with the numbers as you are, so you require to be able to present information in an easy-to-digest manner.
Whether you interact via email, phone conversations, in-person meetings, or presentations, relaying information precisely and concisely goes a long way toward supporting your reliability.
Although the technical abilities on your resume might land you an interview, companies are searching for accounting experts with a collaborative personality, an executive presence, conflict-management capabilities, and adaptability. Of course, these are not the kind of skills easily taught in a classroom. But you can enhance them by merely paying attention to how others handle professional situations.
Ability to Lead
Accounting professionals need to be energetic self-starters who can promote new insights, manage projects, and motivate and interlock team members, all the while displaying solid administration skills. While the partners at your firm or administrators in your department are managing the business side of the company, you may require to serve as a source of aid when colleagues need help navigating a particular program or managing their first busy-season audit.
Moreover, your managers may look to you for fresh opinions concerning how the organization can assure continuity of service to clients, develop compliance procedures, or address a host of other issues.
Customer service orientation
Whether you work in government or private accounting, trustworthy customer service skills are crucial. If you work in a public accounting company, it is essential for you to be capable of retaining current customers and bringing in fresh clients. If you serve in corporate accounting jobs, you must meet the requirements of the organization’s other departments and managers.
Accounting professionals can demonstrate excellent customer service by truly listening to the requirements and interests of your clients, whether they are interior or exterior. A positive attitude can likewise go a long way, particularly when stress levels are raised. And be cautious not to overpromise when it comes to deadlines or deliverables.
Sort of Specialized experience
To assure regulatory compliance, institutions see for risk, compliance, and internal audit professionals, notably in the financial services industry. Many companies seek people with backgrounds in anti-money laundering, know your customer (KYC), Financial Industry Regulatory Authority, Comprehensive Capital Analysis and Review (CCAR), and the Dodd-Frank Act, particularly rules related to capital adequacy and consumer protection.