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A good finance manager should:
1) Inspire confidence through strong leadership and high ethical standards.
2) Communicate clearly with internal and external audiences and ensure customer needs are met.
3) Be accessible through an open door policy and regular team meetings to support the finance team.
A good finance manager should:
1) Inspire confidence through strong leadership and high ethical standards.
2) Communicate clearly with internal and external audiences and ensure customer needs are met.
3) Be accessible through an open door policy and regular team meetings to support the finance team.
A good finance manager should:
1) Inspire confidence through strong leadership and high ethical standards.
2) Communicate clearly with internal and external audiences and ensure customer needs are met.
3) Be accessible through an open door policy and regular team meetings to support the finance team.
generic finance roles – what makes them stand out in the role that they do? GOOD ROLE MODEL
The Finance Manager needs to inspire confidence
and respect, and exemplify high standards of conduct.
Demonstrate enthusiastic, positive, robust,
determined and resilient leadership.
Clear and concise communication needs to be
maintained with a wide range of audiences both internal and external.
A customer focussed culture should be developed
within the finance function with the customers, be they internal or external, having their requirements met in a timely manner. ACCESSIBLE
The Finance Manager needs to operate an open
door policy.
Take the time needed to connect with the finance
team and ensure that they are comfortable and successful in their roles. If financial planning or modelling is part of their role then ensure that the finance team have the headroom and resources available.
If approached with a concern be able to gain
insight into the colleagues thought processes and potentially nip problems in the bud.
The Finance Manager should make themselves
available through weekly team meetings and other opportunities where the situation allows. CELEBRATE SUCCESS When the team hit a milestone or complete a project it is important to celebrate these moments as a team.
Celebrating success helps build a sense of
camaraderie and enables the finance department to grow as a team.
Success should be celebrated in any way possible.
If there is no time for lunch or anything bigger at least put together a thoughtful and carefully worded thank you email to all team members to recognise and acknowledge what has been accomplished and that their hard work has not gone unnoticed. COLLABORATIVE APPROACH The Finance Manager should use a collaborative approach to problem solving. A team is made up of people with different skills and areas of expertise such as financial modelling, analysis or creating insights and it is the Finance Manager’s job to utilise the different skill sets in the team to ensure that they are an efficient and value adding function.
Seek feedback and offer good information at
critical junctures to help the team make sound strategic decisions.
An inclusive approach engenders trust within the
team and often results in more innovative solutions. HONEST WITH HIGH INTEGRITY
Key to this is open communication and being
honest.
Integrity means doing the right thing because it’s
the right thing to do.
Leaders with integrity aren’t afraid of the truth –
it means telling the truth even if it is an ugly truth.
It is better to be open and honest than deluding
others. OVER TO YOU…
These points highlight what in my view moves an
individual from a bog standard Finance Manager, assuming all basic tasks and accountabilities are achieved, to someone who would be perceived as much more than just competent at the role.