What are the 10 Skills of a Highly Effective Financial Controller? | Abdul Khaliq posted on the topic | LinkedIn (2024)

Abdul Khaliq

Empowering Finance Professionals with Strategic Career Progression | Sharing Knowledge to Boost Learning

  • Report this post

10 Skills of a Highly Effective Financial ControllerSometimes, the most complicated things in life are the simplest.๐Ÿ™‹โ™‚๏ธ ๐Ÿ™‹โ™€๏ธ Raise your hand if you aim to be a financial controller.When you aim for a particular position, seek to acquire and demonstrate the required skills.If you can showcase your skills effectively, I want you to know that you will be considered for the position when it becomes available.So here's what you will do: look at these 10 skills and list which ones you already have and need to improve. Carry out a self-assessment and gap analysis by asking yourself these three simple questions:Q1- What skills do you already have that will help you get there?A1- List your top five skillsQ2- What skills do you need to acquire to achieve your goal?A2- List five skills you want to improveQ3- How can you acquire those skills?A3- List at least three optionsBased on the answers to the above, you'll be able to prepare an actionable plan and follow through.You see, things are simpler than we think they are. Simplicity is the key!I am pretty sure you can do this on your own; if you can't, find someone who can assist you with self-assessment and developing a plan.๐Ÿค This is how you can help me create more content โคต๐—Ÿ๐—ถ๐—ธ๐—ฒ ๐Ÿ‘ ๐—ฆ๐—ต๐—ฎ๐—ฟ๐—ฒ ๐ŸŽ™ ๐—–๐—ผ๐—บ๐—บ๐—ฒ๐—ป๐˜ ๐Ÿ’ฌ ๐—™๐—ผ๐—น๐—น๐—ผ๐˜„ ๐Ÿ‘ฃHere are the 10 Skills of a Highly Effective Financial Controller:โœ… Integrity and Ethicsโœ… Leadership Skillsโœ… Strategic Thinkingโœ… Analytical Mindsetโœ… Effective Communicationโœ… Adaptability & Agilityโœ… Strong Technical Skillsโœ… Tech Know-howโœ… Controllershipโœ… Continuous LearningWhat other skills, in your opinion, a financial controller should possess?#MAKAlpha#Accounting#FinancialController--------------------------------------------FollowAbdul Khaliq+ ๐Ÿ”” - Sharing the essence of my Finance & Accounting experience.You can download all my work (including this one) by visiting my profile.

  • What are the 10 Skills of a Highly Effective Financial Controller? | Abdul Khaliq posted on the topic | LinkedIn (2)

608

28 Comments

Like Comment

Orazio Decillis, MBA, FMVA, TEP

I help service professionals & financial experts build, market, sell & scale -> High ticket Advisory Services to $5K/mo and beyond through 1:1 mentorship

5mo

  • Report this comment

Absolutely insightful list Abdul! Integrity, leadership, and adaptability are foundational. Iโ€™d also add that a financial controller should possess strong โ€˜Relationship Managementโ€™ skills. Often, they have to work cross-functionally with various departments and being able to maintain and foster these relationships ensures smooth operations and effective financial strategies. Building trust across departments can significantly streamline processes. Great content as always, and I appreciate the emphasis on self-assessment and continuous learning!

Like Reply

4Reactions 5Reactions

sophia Musema

MBA graduate from Jimma University

5mo

  • Report this comment

Thanks for sharing

Like Reply

2Reactions 3Reactions

Brijmohan Lavaniya

Co-Founder at TaxBuddy.com | CA | DISA|

5mo

  • Report this comment

Thanka for sharing

Like Reply

2Reactions 3Reactions

Gary Jain ๐Ÿš€

5mo

  • Report this comment

Strategic thinking is crucial for a top-notch Financial Controller. It means planning smart moves with money, helping businesses thrive, and making wise financial decisions Abdul Khaliq.

Like Reply

3Reactions 4Reactions

Robert McKim

Auditor / Assessor / Client Manager at BSI

5mo

  • Report this comment

Knowing when something that looks like it will save money but will actually hurt the company is an attribute I have seen in some of better financial controllers. Not all cost savings initiatives are good.

Like Reply

1Reaction 2Reactions

Sunil Singh

Passionate Strategic Operational Finance, Accounts & Commercial Leader, Analyst and Planning Specialist || MBA In Finance.

5mo

  • Report this comment

Thank you for sharing this Abdul. Very Insightful. Each and every skill is important based on time and situation.

Like Reply

2Reactions 3Reactions

Abbas Soliman ๐Ÿ‡ต๐Ÿ‡ธ

Product Management

5mo

  • Report this comment

Great insights. Thanks, Abdul Khaliq

Like Reply

1Reaction 2Reactions

Anas AlShabani

Financial and Investment Analyst

5mo

  • Report this comment

Trang Ha ๐Ÿ˜‰

Like Reply

1Reaction 2Reactions

Karol Hernandez

Gestiรณn de Talento, NCQ Technologies

5mo

  • Report this comment

Ileana Umaรฑa Saborรญo

Like Reply

1Reaction

See more comments

To view or add a comment, sign in

More Relevant Posts

  • Ariovaldo Lopes da Silva M.Sc. Excellence in Finance and Operations

    "Empowering Companies to Achieve Advanced Levels of Process Efficiency and KPIs Results Improvement"

    • Report this post

    Working more than 30 years I have learnt that quick and accurate information are mandatory.To unsderstand business, shofloor and products engineering and processes are also needed.To understand, measure and focus on main KPIs under continuos improvement approach is another important success factor.

    12

    Like Comment

    To view or add a comment, sign in

  • Hafiz Samiulhaq

    Financial Modeling | Valuation |Budgting & Forecasting |Analysis |IFRS |FianancialReporting | Statuary Compliance & Regulatory Frame Work|Assistant Manager Finance | Internal Auditor | PIPFA | MBA Finance |

    • Report this post

    Accounting Vs Finance

    2

    Like Comment

    To view or add a comment, sign in

  • Norhayati Yusoff

    Section Head, Accounts Receivable at PRefChem

    • Report this post

    Accounting vs Finance

    4

    Like Comment

    To view or add a comment, sign in

  • Md.Riyadul Hasan

    Executive officer VAT &Tax at AZ consultants Ltd ||ACCA skills level || MBA || BBA ||Professional Bookkeeping Expert || VAT,TAX Expert

    • Report this post

    Simple difference between Accounting vs Finance

    6

    Like Comment

    To view or add a comment, sign in

  • Dariusz Karwinski

    Colonel (Ret.), Defence Account Manager at Nefab Packaging Poland Ltd.

    • Report this post

    Have you had any problems with understanding of these two roles?Take a look below๐Ÿ‘‡๐Ÿ‘‡๐Ÿ‘‡

    Like Comment

    To view or add a comment, sign in

  • Tom Samuel

    MBA-Finance Graduate

    • Report this post

    Very clear and easy to understand graphic explaining the differences between accounting and finance, which people often get confused.

    4

    Like Comment

    To view or add a comment, sign in

  • Nicolette Gardiner, CPA, CA, ACIArb

    Senior Financial Consultant

    • Report this post

    Accounting vs. Finance and what both roles entails.

    Like Comment

    To view or add a comment, sign in

  • Vivek Siwach

    Vice President Corporate Strategy at PMV Group

    • Report this post

    Finance is at strategic level to meet the vision and mission where as accounting is more of mandatory requirement for reporting purpose. Both are important necessities for businesses. Spot on summary by Oana Labes.

    3

    Like Comment

    To view or add a comment, sign in

  • ogala solomon (ACA in view)

    Accountant/ Entrepreneur/financial Analyst/Business Analyst/Digital marketer/ Career coach/Researcher/ project manager

    • Report this post

    Accounting Vs Finance #accounting #finance

    1

    Like Comment

    To view or add a comment, sign in

  • Abjith .C.P ACCA

    Head of Accounts

    • Report this post

    For those who do not know the difference. These are different and seperate functions. Many professional accountants can do both but when expertise required should look for a specialist.

    5

    Like Comment

    To view or add a comment, sign in

What are the 10 Skills of a Highly Effective Financial Controller? | Abdul Khaliq posted on the topic | LinkedIn (36)

What are the 10 Skills of a Highly Effective Financial Controller? | Abdul Khaliq posted on the topic | LinkedIn (37)

84,301 followers

  • 436 Posts
  • 2 Articles

View Profile

Follow

More from this author

  • โ€œ๐˜ผ๐™ง๐™š ๐™ฎ๐™ค๐™ช ๐™จ๐™ฉ๐™ช๐™˜๐™  ๐™ž๐™ฃ ๐™ฉ๐™๐™š ๐™ข๐™ž๐™™๐™™๐™ก๐™š? ๐™Š๐™ง ๐™จ๐™๐™ค๐™ง๐™ฉ๐™š๐™ฃ๐™ž๐™ฃ๐™œ ๐™ฉ๐™๐™š ๐™™๐™ž๐™จ๐™ฉ๐™–๐™ฃ๐™˜๐™š ๐™—๐™š๐™ฉ๐™ฌ๐™š๐™š๐™ฃ ๐™ฉ๐™๐™š ๐™ฉ๐™ฌ๐™ค ๐™˜๐™ก๐™ž๐™›๐™›๐™จ?โ€ Abdul Khaliq 1y
  • Is this Neo-Luddism? Abdul Khaliq 6y

Explore topics

  • Sales
  • Marketing
  • Business Administration
  • HR Management
  • Content Management
  • Engineering
  • Soft Skills
  • See All
What are the 10 Skills of a Highly Effective Financial Controller? | Abdul Khaliq posted on the topic | LinkedIn (2024)

FAQs

What skills do you need for accounting on Linkedin? โ€บ

Incorporate relevant accounting terms and skills throughout your profile, such as "financial analysis," "tax accounting," "auditing," or "compliance." This helps you appear in searches by recruiters and firms looking for entry-level talent with specific accounting skills.

What skills and capabilities do you believe are the most essential to work as a controller in the financial sector? โ€บ

Financial controllers have a higher career path than regular accountants. To be a financial controller, you need leadership, experience, team skills, a wider view, and stakeholder management.

What are the finance skills for LinkedIn profile? โ€บ

In conclusion, mastering these finance skillsโ€”financial analysis, risk management, financial planning and forecasting, capital management, and compliance and regulatory knowledgeโ€”is essential for aspiring and established leaders to excel in their roles.

What skills are best for LinkedIn? โ€บ

Top Overall Skills on LinkedIn
  • Communication.
  • Teamwork.
  • Problem-solving.
  • Analytical skills.
  • Leadership.
  • Sales.
  • Management.
  • Data analysis.
Apr 4, 2024

What skills are required for accountancy? โ€บ

Key skills for accountants
  • The ability to reflect on your own work as well as the wider consequences of financial decisions.
  • Numeracy.
  • Business acumen and interest.
  • Organisational skills and the ability to manage deadlines.
  • Teamworking ability.
  • Strong communication and interpersonal skills.
  • Proficiency in IT.
Jan 22, 2024

How do I write about me as an accountant on LinkedIn? โ€บ

Highlight Your Accounting Expertise

In your summary, pinpoint the accounting areas where you excel, whether it's tax, audit, financial reporting, or management accounting. Describe your proficiency with industry-standard software and certifications like CPA or CMA.

What is description for accountant in LinkedIn? โ€บ

Strong understanding of accounting principles, practices and procedures. Proficiency in Microsoft Office Suite (Outlook, Excel, Word). Excellent analytical and problem-solving skills. Attention to detail and accuracy in financial data analysis and reporting.

Which skill would be best for an accountant to have? โ€บ

Basic Soft Skills for Accountants
  • Strong written and oral communication.
  • Organization and attention to detail.
  • Analytical and problem solving skills.
  • Time management.
  • Systems analysis.
  • Mathematical and deductive reasoning.
  • Critical thinking.
  • Active learning.

Top Articles
Latest Posts
Article information

Author: Rob Wisoky

Last Updated:

Views: 6122

Rating: 4.8 / 5 (48 voted)

Reviews: 87% of readers found this page helpful

Author information

Name: Rob Wisoky

Birthday: 1994-09-30

Address: 5789 Michel Vista, West Domenic, OR 80464-9452

Phone: +97313824072371

Job: Education Orchestrator

Hobby: Lockpicking, Crocheting, Baton twirling, Video gaming, Jogging, Whittling, Model building

Introduction: My name is Rob Wisoky, I am a smiling, helpful, encouraging, zealous, energetic, faithful, fantastic person who loves writing and wants to share my knowledge and understanding with you.