How do I become a financial executive?
If you want to become a financial executive as a CFO, you will probably need to have experience as a public accountant (CPA) first. APCs include all areas of finance, including the theory and how to create financial models. Before passing the CPA exam, public accountants aspirants usually have to have a bachelor's degree and two years of accounting work experience, although qualifications may vary depending on each company or company. Being a CPA alone is not enough to become a high-end financial executive like a CFO, as a good understanding of the financial strategy is necessary for that high-level career.
Since a CFO is in charge of all the financial problems of a company, strategic thinking on all areas of finance is crucial. Treasurers and inspectors often report to a CFO, working in one of these positions and going back may be a good way to become a CFO. Controllers tend to work primarily with budgets and financial planning, while treasurers often manage corporate loans and are more focused on accounting.
The best way to ultimately become a financial executive at a senior position is to work your way up to junior positions by showing that you can take the initiative, be a leader and think strategically in business. Once you gain work experience in the financial department of a company that will be attractive on your financial executive CV, it is likely possible to move to high positions in another company or the same. Supervisory management skills then are a must to pursue if you aspire to CFO's ultimate leadership position. A minimum of a degree from a business school in a reputed university of a bachelor's degree is a good asset for a person who wants to become a top financial officer. In some companies, a Vice President of Finance replaces a CFO to lead the finance team.
Developing a relationship with a mentor in an executive financial career can be a useful way to become a financial framework. You can gain valuable advice from people in financial executive careers such as vice president of finance or finance director. Joining the financial careers of professional organizations is a good way to network and get information about possible openings to become a financial framework.
- Work experience in a company's financial department will be attractive on an executive financial resume.
- A CFO usually has a degree in accounting.
How do I become a financial executive?
Reviewed by Raja
on
May 20, 2017
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