It has been well publicised that the accountancy sector is currently going through something of a monumental shift. The key tasks performed by an accountant on a daily basis are changing and their role within the world of business has altered. No longer are they regarded only as the people that balance the books and manage receipts – accountants are now far more integral to a business’s overall operations, dispensing advice, guidance and helping company owners to adequately prepare for the future.
So, for those considering accountancy as a career, a different set of skills will be required. The next generation of accountants will have to be proficient at performing tasks that would not have traditionally have been in their remit, and the first step on that journey is to understand what exactly is going to be required.
What are the five key qualities that will lead you to flourish as an accountant?
1. Being creative
Creativity may not be the first word that springs to mind when thinking about accountancy, but the ability to think outside of the box is only going to become more important in the years to come. Accountants will play a much bigger role in helping companies plan for a financially secure future, and creative thinking will be essential.
2. Drawing on experience
Not only will this save time during tasks, but it will also give you an idea of the potential outcomes associated with any job. Being able to recall specific experiences, and learning how any processes can be performed more efficiently will help accountants to constantly progress and improve.
3. Anticipation and adaptation
By looking ahead and understanding potential challenges and hurdles, it becomes far easier to tackle them when they do arise. Being able to adapt to tackle unexpected obstacles will also be essential.
4. Being technologically literate
Becoming more adept at using computers, and particularly cloud-based software will be vital for all accountants of tomorrow.
5. Understanding the needs of the customer
This has always been necessary in accountancy, but its importance must not be ignored. It is only by understanding the needs of the customer that satisfactory outcomes can be reached.
Accountancy is a profession in transition, and if you believe you have the attributes required to prosper in such a role, then you might want to consider studying a BSc Accounting and Finance at Mont Rose College in London to help you achieve your ambitions. Located in Ilford, and a proud partner of Buckinghamshire New University, we have everything required to give tomorrow’s accountant the perfect foundations on which to build a prosperous career.