If you want to advance in your accounting career, you will need more than just technical expertise. As you move out of an accounting specialized individual contributor role, you will be responsible for the performances of your direct reports, which requires leadership skills. Learn more about the seven leadership skills all accountants need to succeed:
Communication is crucial as an accountant. From clearly explaining your expectations for results and deadlines to your direct reports to writing reports for senior-level executives, communication skills will help you be a successful leader.
Once you earn more authority in your accounting career, your workload and responsibilities also increase. You must be able to be organized and manage projects and their accompanying tasks, while meeting key deadlines. Not staying on top of the details can lead to mistakes that can have major financial ramifications for your employer.
As a leader, you are responsible for your employees’ performances, so you must be able to coach each member of your accounting team to perform to the required standards. Since individuals have their preferred learning and motivational styles they respond best to, you’ll have to figure out the strategies that work best for each employee.
There is a great deal of change that can happen quickly in the accounting field, from advances in the technology used to changing regulations. Being flexible and open to embracing change will allow you to be the best leader possible because you’ll be ready to change tactics and innovate.
5. Critical Thinking
When you are in an accounting leadership position, your employer is relying on you to use your financial expertise to improve the company’s bottom line. Critical thinking skills, in which you objectively assess information to make logic-based judgment, will allow you to proactively solve problems and make recommendations.
6. Emotional Intelligence
The further you advance in your accounting career, the more people you will have to directly interact with – especially leaders of other departments to senior executives. Emotional intelligence, in which you are self-aware of your emotions and control your reactions during interpersonal conflicts and other matters, will allow you to successfully work with any personality type and handle challenging emotionally charged issues.
In any position of authority, operating from a foundation based on strong ethics is crucial so you don’t abuse the power you have. However, integrity is especially important for leaders who are privy to sensitive financial information. Leading with integrity includes being honest and owning up to mistakes, and always following through on your promises.
Call Us to Find New Accounting Opportunities
Are you ready to start finding new accounting opportunities? Make your job search more successful with the help of the RPC Company. As a staffing firm that works with Dallas, Fort Worth, TX and Springfield, MO area employers, we focus on connecting candidates with the available positions that are right for them. Search our available jobs to get started.