Succession planning requires careful organization on the part of executive management. When accounting and finance professionals in top positions leave the company, managers want assurances that the individuals chosen to fill those roles will succeed with a relatively seamless transition. However, there are certain mistakes that can prevent firms from achieving these goals.
Many accounting and finance organizations need the help of talented professionals with specific subject matter expertise to contribute to or manage complex projects. But often they don’t have the budget — or the ongoing need — to hire these individuals on a full-time basis. Bringing in a finance consultant or another type of interim management professional is an effective way to fill these skills gaps as needed.
Here’s some career advice you can bank on: Don’t include your salary requirements in your resume unless an employer specifically requests that information in the job posting. Mentioning compensation can come across as presumptuous. In addition, you could put yourself at a disadvantage later if the job pays more than the salary you list. Plus, money is not everything.
Big data is changing the way business is done. The advent of big data is breathing new life into the business analyst job description, opening new avenues of responsibility and corresponding increases in compensation for highly skilled professionals in the field.