7 Financial Skills That Employers See in a Resume

Interpersonal skills, or “soft skills,” are increasingly highly valued by employers in the finance industry. In the financial sector, getting hired frequently requires more than just technical expertise—it also depends on your ability to contribute special qualities. It has long been recommended that job seekers emphasize their technical skills on their resumes.

Employers in the finance industry, however, are now giving interpersonal skills—also known as “soft skills”—more weight. Financial experts can establish their value in the workplace by exhibiting these five characteristics.

1. Accounting

Accounting jobs require a particular set of skills that allow employees to:

• Record financial transactions with accuracy
• Maintain accounting records
• Respect all accounting laws and guidelines

Accounting managers, business analysts, accounting officers, general accountants, and certified personal accountants are typical positions in this field. These skills are also applicable to positions where the person must perform accounting-related duties even though they are not specifically financial in nature.

2. Training and Education

While skill and practical experience are highly valued in certain industries, the finance sector has completely different standards for landing your ideal job. This industry requires more than just an outstanding CV because it is regulated by strict standards, procedures, and business best practices. A graduate diploma in applied finance is something you can obtain online, but what’s even more important is having an impressive CV. Applicants who want to be successful here need to support their work experience with the right kind of training, education, and financial certifications.

3. Tech Savvy

According to a PwC study, 80% of all roles in the financial services sector have been impacted by technology. Financial services companies place a high value on the ability to navigate and adapt to technological shifts and advancements. More specifically, these firms are looking for finance professionals with tech-savvy abilities, such as a thorough understanding of Structured Query Language (SQL), the language used to communicate with databases.

Include your expertise in SQL and related technologies in the skills section of your resume to showcase your experience. To keep the recruiter interested, make sure to use vivid and energetic language.

4. Management Skills

Similar to many other industries, financial industry companies always look to hire people who have both management experience and skills. These skills are essential for managing employees as well as the financial and reporting systems of a business.

Those in mid- or senior-level managerial roles are not the only ones who should possess these competencies. For example, creating an organization’s budget requires management expertise. Whether it’s a quarterly budget to assess performance or a budget proposal to recommend future projects, creating this important document requires collaboration, consistent communication, and decisive leadership.

5. Leadership Skills

Candidates who show promise for holding senior positions in the future are more likely to be chosen by recruiters. Including team leadership responsibilities on your resume indicates to recruiters that you are prepared for a more senior position.

Employers can tell that you have what it takes to lead a team if you have demonstrated leadership in volunteer work or past employment. In addition to leading others, we also appreciate the times you’ve shown self-leadership via ongoing learning or personal development.

In addition to stressing any prior supervisory roles, highlight particular instances where you demonstrated leadership both inside and outside of the workplace. Include information in the Education section of your resume, for example, if you’ve taken continuing education classes to strengthen your leadership skills. A section on “Leadership Experience” might be a good addition to your resume. Here is a list of some unusual jobs you’ve worked on, teams you’ve led, and leadership positions you’ve held.

6. Financial Modeling

The process of using abstract methods to simulate an actual financial situation is known as financial modeling. It entails building a mathematical model that illustrates, over a predetermined period of time, the financial behavior of an asset or portfolio.

These financial models are useful for estimating a company’s value or comparing various companies. Strategic planning can greatly benefit from their use, whether it is for budgetary purposes, project cost estimation, or running a particular scenario. Companies will most likely demand financial modeling experience if you’re looking for high-level positions.

7. Delegation

One of the most important managerial skills is delegation, which is dividing up work among team members according to their level of competence. Delegation is a critical skill for effective leaders because it increases team success and productivity.

Deciding what assignments are appropriate for each team member requires an understanding of their unique strengths and areas for development. Even the most routine jobs, when carried out well, can give workers a sense of worth and help them realize how important their contributions are to the group’s success.

Conclusion

Having a strong financial sense is essential for career advancement in the modern world. Your ability to effectively manage budgets, create financial reports, make wise investments, and interpret financial documents gives you the knowledge you need to navigate the complexities of the finance industry and make wise decisions. These skills are important benefits of earning a degree in finance because they provide a solid foundation for a successful career in the field.