Why Strong Cross-Departmental Skills Help Young Accountants
In the following post, Lewis Daidone discusses the importance of learning the art of cross-collaboration with different departments. Lewis Daidone is a Certified Public Accountant and a consultant to financial services firms and tech companies.
Although accounting and finance professionals must regularly interface cross-departmentally, a 2015 study of 2,200 CFOs found that the greatest challenge they faced was interacting with different personalities. If you’re entering the accounting profession, you can make yourself a highly desirable candidate by honing your interpersonal skills. Here’s why.
- You expand your range of employment opportunities. The amount of expected collaboration varies dramatically depending upon the industry in which you want to work. Even if you have your sights set on a career at one of the Big 4 public accounting firms, you’ll have to have a knack for relating to a broad scope of client personalities, all with different levels of accounting experience and understanding.
- It prepares you to take on different, more challenging roles within the organization. An accounting professional who can wear different departmental hats is extremely valuable. If you exhibit the ability to network effectively, your supervisors and team members will have confidence in your leadership abilities.
- You help management make sound decisions. Being comfortable in collaborative environments and having clear and persuasive communications skills is not common in the world of accounting, and therefore extremely desired. If you can effectively present your findings and ideas in a language that non-accountants can understand, you can effectively influence decisions and help to create an efficient and orgainized methodology to problem solving and issue resolution.
- Your team members will like you! Okay… “making friends” clearly isn’t going to be incorporated into your job description. However, when you have a strong rapport between team members, it creates a cohesive company culture. This results in every member of the team speaking the same language, ensuring that directives and ideas are always clearly understood.
Lewis Daidone works alongside boards of directors, venture capitalists, senior executives and partners toward improving infrastructure, growth projections, and fiscal results of financial services and technology companies. Follow him on Facebook to know more.