Common finance skills examples for you

Common finance skills examples for you

Blog Article

Discover what finance skills are essential to the job market and how you can obtain them.


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 would understand, such finance abilities only scratch the surface when examining the financial sector in general and what is expected of every specialist or candidate in this sector. This is because financial professionals are expected to have an excellent blend between soft and hard skills 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 essential across all roles in this dynamic sector. For example, being comfortable with numbers and data-driven analysis is absolutely up there as a priority ability, as you will likely be dealing with numbers and statistical datasets as a financial professional at some point.


Regardless of what particular department you work in, there are some general finance skills that you must have embedded in your resume, as Edward Tilly of Clear Street would know. Accounting abilities is one example of this. Nowadays, employers in the financial sphere look for accounting backgrounds in entry-level candidates, or at least the ability to interpret financial statements and company reports. This doesn't imply you need have previous experience as an expert accountant, but rather skill in reading and analyzing economic records. This is because the conclusions that can be derived from such documents are crucial for executives and stakeholders when it comes to evaluating a company economic health. Additionally, since accounting knowledge is fundamental across a range of diverse financial roles in the industry, companies tend to offer competitive compensation for those who have certified accounting credentials or possess the necessary accounting abilities.


The finance industry in today's market is probably one of the most competitive fields out there, which is why you should build the core skills that are required as a minimum in this fast-changing and fiercely competitive sector. For instance, relationship-building skills are probably some of the most crucial soft finance skills out there today. As Hugo Bedford of JM Finn would know, reliable connections are integral to success for financial leaders, particularly in times of instability or complexity. As a leader in a financial organization, it's extremely crucial to ensure that your relationships with your clients are strong, as these clients are essentially relying on you with their money, and counting on you to make the best economic choices for them to maximize their capital and wealth. Consequently, building your strategic and long-term working interactions with your stakeholders successfully takes time to build trust, respect, and credibility with them.