Najwa Kayali’s Post

✨ If you are a Financial Controller... ✨ You need to stop doing the work of your finance manager! Your job is not to do day-to-day tasks. Rather, your real job is to be a gatekeeper of the financial information. That means you should spend your time developing your team, guiding and mentoring, reviewing the work that's been done, and creating controls. You need to understand the processes inside out, see how they all interact, how they impact each other and implement checks that will flag when things go wrong. And something, somewhere will always go wrong! The takeaway is: the higher up you go, the less day to day you have to do and the more strategic you have to become. ---- 💠 Become Unfireable: future-proof your finance career! 💠 Check out our website for current and future courses and daily inspiration! 💠 DMs open for Finance Professionals wishing to elevate their Excel skills or want to reignite their career with purposeful coaching! 💠Ring my bell if you speak finance and accounting! #AnalitikaConsulting #FinancialController #CareerDevelopment #FinanceJobs #FinanceAndAcccounting

✨ If you are a Financial Controller... ✨ You need to stop doing the work of your finance manager! Your job is not to do day-to-day tasks. Rather, your real job is to be a gatekeeper of the financial information. That means you should spend your time developing your team, guiding and mentoring, reviewing the work that's been done, and creating controls. You need to understand the processes inside out, see how they all interact, how they impact each other and implement checks that will flag when things go wrong. And something, somewhere will always go wrong! The takeaway is: the higher up you go, the less day to day you have to do and the more strategic you have to become. ---- 💠 Become Unfireable: future-proof your finance career! 💠 Check out our website for current and future courses and daily inspiration: www.analitika.co.uk 💠 DMs open for Finance Professionals wishing to elevate their Excel skills or want to reignite their career with purposeful coaching! 💠Ring my bell if you speak finance and accounting! 💠 Use this link to sign up to my daily free Excel course: https://lnkd.in/eFTfiKra #AnalitikaConsulting #FinancialController #CareerDevelopment #FinanceJobs #FinanceAndAcccounting

✨ If you are a Financial Controller... ✨ You need to stop doing the work of your finance manager! Your job is not to do day-to-day tasks. Rather, your real job is to be a gatekeeper of the financial information. That means you should spend your time developing your team, guiding and mentoring, reviewing the work that's been done, and creating controls. You need to understand the processes inside out, see how they all interact, how they impact each other and implement checks that will flag when things go wrong. And something, somewhere will always go wrong! The takeaway is: the higher up you go, the less day to day you have to do and the more strategic you have to become. ---- 🔥 Become Unfireable: future-proof your finance career! 💠 Hi, I'm Nika! I believe that everyone deserves to love what they do and be the best they can be. My wish is that, with every post you read, you get inspiration, courage, skills, tools or a new perspective that you can use in reaching your next level. 💻 Check out my website for current and future courses and daily inspiration: www.analitika.co.uk 📧 I welcome DMs from Finance Professionals wishing to elevate their Excel skills or want to reignite their career with purposeful coaching! 🔔 Ring my bell if you speak finance and accounting! #AnalitikaConsulting #FinancialController #CareerDevelopment #FinanceJobs #FinanceAndAcccounting

Just hear those sleigh bells jingling, Ring ting tingling too Come on, it's lovely weather For a sleigh ride together with you Outside the snow is falling And ESO is calling "yoo hoo," Come on, it's lovely weather For a short chat or an interview!   Giddy up giddy up let's go and talk about this opportunity to join ESO as a Financial Controller. Is sustainable culture your passion? Do you have experience working with project finances? Then check out the link to the job in the comments below and contact me if you would be interested to learn more! P.S. To spread Christmas spirit I'm adding the link to the song too   #job_offer #opportunity #finance #financial_controller #project_finance 

Financial Controller

✨ If you are a Financial Controller... ✨ You need to stop doing the work of your finance manager! Your job is not to do day-to-day tasks. Rather, your real job is to be a gatekeeper of the financial information. That means you should spend your time developing your team, guiding and mentoring, reviewing the work that's been done, and creating controls. You need to understand the processes inside out, see how they all interact, how they impact each other and implement checks that will flag when things go wrong. And something, somewhere will always go wrong! The takeaway is: the higher up you go, the less day to day you have to do and the more strategic you have to become. ---- 🔥 Become Unfireable: future-proof your finance career! 💠 Hi, I'm Nika! I believe that everyone deserves to love what they do and be the best they can be. My wish is that, with every post you read, you get inspiration, courage, skills, tools or a new perspective that you can use in reaching your next level. 💻 Check out my website for current and future courses and daily inspiration! 📧 I welcome DMs from Finance Professionals wishing to elevate their Excel skills or want to reignite their career with purposeful coaching! #AnalitikaConsulting #FinancialController #CareerDevelopment #FinanceJobs #FinanceAndAcccounting

Career Paths: What is a Management Accountant and where it can take you in your career journey? 1. Strategic Planning: Management accountants are integral to strategic planning processes, providing valuable financial insights to guide decision-making at all levels of the organisation. 2. Budgeting and Forecasting: They play a crucial role in developing budgets and forecasts, helping management allocate resources efficiently and effectively. 3. Cost Analysis: Management accountants analyse costs associated with various activities and processes, identifying areas for improvement and cost-saving opportunities. 4. Performance Evaluation: They assess the performance of departments, projects, and initiatives by analysing financial and non-financial metrics, aiding in performance improvement strategies. 5. Risk Management: Management accountants evaluate financial risks and develop strategies to mitigate them, safeguarding the organisations financial health. 6. Decision Support: They provide decision support through financial modeling, scenario analysis, and variance analysis, enabling management to make informed decisions. Management accountants are strategic partners to management, providing crucial financial insights to drive business success. As for career paths, a background in management accounting can lead to roles such as Financial Analyst, Finance Manager, or even Chief Financial Officer (CFO). It provides a solid foundation in financial management and opens doors to diverse opportunities within the finance and accounting field. #ManagementAccounting #Finance #CareerDevelopment #AccountingInsights

Congratulations on your goal to progress from an accounting position to a finance manager role! Here are some steps to help you achieve this: 1. *Gain relevant experience*: Typically, 3-5 years of experience in accounting or a related field is required for a finance manager position. 2. *Develop essential skills*: - Financial analysis and planning - Budgeting and forecasting - Financial reporting and compliance - Leadership and management - Strategic thinking and problem-solving 3. *Education and certifications*: - Consider pursuing a Master's degree in Finance, Accounting, or a related field. - Obtain professional certifications like CMA (Certified Management Accountant), CA (Chartered Accountant), or CPA (Certified Public Accountant). 4. *Build a strong understanding of finance*: - Study financial markets, instruments, and institutions. - Learn about corporate finance, risk management, and investment analysis. 5. *Network and seek mentorship*: - Connect with finance professionals and seek guidance. - Attend industry events and conferences. 6. *Take on additional responsibilities*: - Volunteer for cross-functional projects or special assignments. - Demonstrate your ability to lead and manage teams. 7. *Develop soft skills*: - Improve your communication, presentation, and interpersonal skills. 8. *Stay up-to-date with industry trends*: - Follow industry leaders, blogs, and publications. - Participate in continuous professional development (CPD) programs. 9. *Prepare for a finance manager role*: - Study the job description and requirements. - Practice your interview skills and be ready to discuss your experience, skills, and achievements. 10. *Be proactive and patient*: - Progression to a finance manager role may take time. - Focus on building your skills, experience, and network, and opportunities will arise. Remember, this is a general guide, and specific requirements may vary depending on your organization, industry, or location. Good luck!

As promised....THE TRANSFERABLE SKILLS 😁😁😁 A few weeks ago, I had an enlightening discussion with young finance professionals eager to explore career transitions. They were keen to get insights from someone with similar experiences. Did you know that some key finance skills crucial for project controls/engineering revolve around Financial reporting, Budget management, Cost accounting, Auditing and Stakeholder engagement 😎 I've taken the liberty of categorizing some of these skills into technical and soft ones. (Let's be honest, I just borrowed a slide from my pack—working smart, right? No time to waste time😄) Technical Skills: ✅️ Financial Analysis: Analyze data, identify cost drivers, interpret numbers, explain variances and report performance, identify control measures. ✅️ Data Analysis and reporting tools: Excel, Power-BI, Python, Power point, etc., manipulate and analyze large data set. ✅️ Budgeting and Forecasting: Future expenses and revenues. ✅️ Cost Accounting: Allocate and analyze costs, Identify cost optimization/reduction opportunities. ✅️ Enterprise Resource Planning System (ERP): Oracle, SAP, Microsoft Dynamic etc. ✅️ Financial Modelling: Forecasting, Scenarios on financial outcomes, access impact of financial strategies such as resources allocation, investment decisions, cost optimization etc. ✅️ Controls and Regulatory requirements: SOX controls, IFRS etc. Soft Skills: ✅️ Communication: Understand your stakeholders and best mode of communication. ✅️ Collaboration: Working as a team for common goal. Don't downplay stakeholder mapping 😁 ✅️ Analytical thinking: Be critical, be able to identify and decipher costs. ✅️ Attention to detail: Spot discrepancies, errors, red flags, unusual trends. Ensure accuracy at all times. ✅️ Problem solver: Identify, Analyze and proffer solutions. Have a can-do attitude. ✅️ Adaptability: Flexible and receptive to change. The business environment is constantly evolving. Do these Finance skills resonate with you?, or are you considering cost-related job roles? If so, this could be your sign to make a move. My current employer Turner & Townsend , is currently seeking talents for Project Control roles. Explore opportunities on their website or right here on LinkedIn. You never know where it might lead!🚀🚀🚀

Hello Professional colleagues, do you realize you play a key role in project management? A project is defined as a sequence of tasks that must be completed to attain a certain outcome. As a project manager, the professional accountant plays a crucial role in ensuring the success of financial projects within an organization. They bring their financial expertise, analytical skills, and attention to detail to the management of projects, which helps in effective decision-making and resource allocation. Here are some key aspects of the professional accountant's role as a project manager: 1. Budgeting and cost management: Accountants are skilled at creating and managing budgets. As project managers, they can accurately estimate project costs, track expenditures, and ensure that the project stays within budget. They also analyze and report on the financial impact of project decisions. 2. Financial analysis: Accountants have a strong understanding of financial statements and can analyze project financials to determine profitability, return on investment, and other financial metrics. This analysis helps in evaluating project performance and making informed decisions. 3. Risk management: Accountants are adept at identifying and mitigating risks. They can assess the financial implications of potential risks and develop strategies to minimize them. This helps in avoiding financial losses and ensures that the project remains on track. 4. Resource allocation: Accountants are skilled at managing resources efficiently. They can identify the financial implications of resource allocation decisions and optimize the utilization of available resources. This ensures that the project stays within budget and meets its financial goals. 5. Compliance and legal requirements: Professional accountants have a strong understanding of financial regulations and can ensure that the project adheres to legal requirements. They can also ensure compliance with internal financial policies and procedures. 6. Communication and stakeholder management: Accountants are skilled at communicating financial information effectively. As project managers, they can present financial reports and updates to project stakeholders in a clear and concise manner. They can also engage with stakeholders to understand their financial requirements and incorporate them into project plans. 7. Decision-making support: Accountants can provide valuable insights and recommendations to project teams and stakeholders based on financial data and analysis. They facilitate data-driven decision-making, which leads to more informed and effective project outcomes. Overall, the professional accountant brings financial expertise and attention to detail to project management, ensuring that financial considerations are appropriately addressed and that projects achieve their financial objectives. Hope this adds value to you 😊 #opentowork #acca #charteredaccountant #projects #internalauditors #accountingsoftware