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Money makes the world go round, isn’t it?
But remember that there’s a person with strong finance skills. The person is making sure everything goes smoothly behind every pile of money. So if you are that person looking for finance jobs in Bangalore then this blog is for you.
Finance is highly attractive as a career destination on all job listing websites in India. It is especially true if you can make it to CFO.
With so many promising candidates battling over internships the path ahead is complicated.
So whether you are starting your career in finance or looking for advancement in the corporate hierarchy read to the end.
Let’s explore the top finance skills that are in high demand. These will also give you a competitive edge in 2024.
Top finance skills for your resume
When it comes to listing finance skills on your resume, it's best to avoid basic skills.
As the basic skills like handling petty cash and sorting receipts by date are considered standard and expected.
Instead, focus on showcasing more advanced and specialized finance skills. All these will make you stand out as a candidate.
Let's explore which finance skills are suitable for your resume:
1. Data Analysis
In 2024 most of the companies rely heavily or solely on data. This is to make data-driven decisions. So this is why data analysis is a highly valued skill by employers listing finance jobs on job listing websites in India.
Data Analytics helps finance professionals
- extract valuable insights from complex datasets
- enabling informed decision-making
- strategic planning
It also helps organizations in today's dynamic business environment to - streamline financial operations
- identify market trends
- secure a competitive advantage.
2. Financial Modeling
Financial modelling combines accounting, finance and business metrics to
- create accurate forecasts
- Perform scenario analysis
- Evaluate investment opportunities for a company.
You can scale up your resume making you an easy hire by - Boosting your proficiency in financial modelling techniques and software application
- Familiarity with tools like Excel and Bloomberg.
3. Cash flow Management
One critical skill in finance is cash flow management. This skill involves
- Monitoring
- Analyzing
- Optimizing the flow of money into and out of a business.
Professionals skilled in cash flow management can - Forecast future cash flow
- Identify possible cash shortage
- Implement strategies to optimize working capital
- Improve financial stability within the company.
4. Accounting skills
Keeping and interpreting financial records is important for every organization. The size of the company does not matter in this case.
Though most of the companies have personal accountants. But hiring more people with good accounting skills has become very important in recent years.
5. Expense Tracking
Billing and invoicing are important to ensure smooth cash flow. So expense tracking is an important finance skill for optimizing and minimizing costs.
Mention how you have levelled up your previous employer’s expense tracking game if you are looking for ways to stand out. You can add this in the experience section of your resume.
6. Budgeting and forecasting
Budgeting is maybe the ultimate most important finance skill for your resume. It helps you to guarantee that there will always be enough money to cover costs.
Forecasting on the other hand uses past data to estimate future financial trends for the company.
So if you are experienced in budgeting and forecasting you can mention that in your resume’s summary.
7. Tax planning
Taxation expertise is important in optimizing the tax efficiency of a company. It also minimizes liabilities and ensures compliance with relevant tax regulations.
Finance professionals with tax expertise can identify
- Tax-saving opportunities
- Reduce risks
- Opportunities for tax savings.
All these can contribute to overall financial health and profitability.
Top soft skills for finance industry positions
Most people think that working in the finance industry is all about hard data and calculations with numbers.
But well that is not true. Soft finance skills are considered to be more important than hard skills. It is important for some cases when you are finding finance jobs in Bangalore.
So let’s see the best soft finance skills for your CV:
1. Accountability
Research indicates that high levels of accountability directly correlate with increased productivity. It also linked to work efficiency.
So pointing recruiters to the fact that you are someone they can rely on will definitely increase your chances of getting to the next phase of the job.
2. Risk Management
Risk management is essential. This is for identifying and managing the risks associated with an organization’s financial decisions.
It is essential to protect organizational assets and ensure regulatory compliance. Professionals skilled in risk management can
- foresee potential threats
- implement effective control measures
- Reduce financial and operational risks.
3. Work Ethic
Being respectful to others while keeping the quality of your own work high is the first essence of your work ethic.
To highlight your work ethic skills you can provide examples if times when you had to overcome challenges and go the extra mile to excel at a project.
Key takeaways
There are various types of financial skills. So choose only those relevant to you and the position you are applying for.
The skill section is the most obvious place to add skills. If you want to highlight a specific finance skill before finding finance jobs in Bangalore add it to your resume’s header.
Be specific when it comes to experience.And last but not the least, choose the job platforms with care. A reputed site like Instahyre will lead you to authentic job postings with competitive salaries and benefits.
