The Challenges of Leading A Finance Team and How To Overcome Them

In many respects leading a finance team should be relatively easy.  After all you have a group of highly committed individuals.  People who are smart, driven and usually results focused.

Of course what should be easy and what is easy is often very different.

So what are some of the challenges in leading a finance team?

Challenge #1:  Providing enough growth opportunity

One of the most common things I hear from fellow accountants is that they want lots of opportunity to grow and develop.

Of course there’s only so many opportunities.  There’s also a lot of routine stuff that needs doing.

Challenge #2:  Making the time

Throughout your accountancy career you have more than likely been busy.  A lot of time is spent on tasks and doing.

There’s a danger that you simply get too task focused and as a result doing make time for leading the team.

Challenge #3:  Stepping back

You know you have talented people.  Question is are you allowing them to fully utilise their talents?

Many accountants find it hard to step back and be hands off.

How to overcome the challenges of leading the finance team

Treat everyone equally

They say work migrates to a busy person.  There’s a lot of truth in this.  Work migrates to people because they get things done.

Make sure as a leader you are treating everyone equally.  Seeing their individual potential and giving them the opportunity to take on specific projects.

Create an only you can do list

You probably have a lot to do.  Chances are you will also have to attend a number of meetings and may even be part of a leadership team.

For that reason you have to have on your task list things that only you can do.  If you don’t you will never make the time for leading.

Start empowering and stop micromanaging

You have to step back.  You can’t micromanage.  You have to let go. 

Will people make mistakes?  Of course.  They will also learn from them.  Just as you do and did.

Don’t waste the talent at your disposal.  Empower and trust and you will achieve better results.

About the Author Duncan Brodie

Since 2006 I’ve worked with in excess of 8,000 accountants and professionals in workshops, seminars and one to one helping them land their next jobs and become better leaders, presenters and business partners. Before that I spent 25 years in accountancy climbing the career ladder from Payments Clerk to FD. I’m a CIMA Fellow, Certified Professional Coach and Team Coach Facilitator.

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В сегодняшнем обществе, где часы – финансовые ресурсы, скоростройки стали решением по сути для коммерческой деятельности. Эти современные конструкции сочетают в себе высокую прочность, экономичное использование ресурсов и скорость монтажа, что делает их превосходным выбором для различных бизнес-проектов.
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1. Срочное строительство: Минуты – важнейший фактор в коммерции, и сооружения моментального монтажа позволяют существенно сократить время монтажа. Это значительно ценится в моменты, когда важно быстро начать вести бизнес и начать зарабатывать.
2. Экономия средств: За счет оптимизации процессов производства элементов и сборки на месте, экономические затраты на моментальные строения часто остается меньше, по сравнению с традиционными строительными проектами. Это позволяет получить большую финансовую выгоду и обеспечить более высокую рентабельность вложений.
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В заключение, объекты быстрого возвода – это первоклассное решение для бизнес-мероприятий. Они комбинируют в себе быстроту монтажа, экономию средств и повышенную надежность, что дает им возможность первоклассным вариантом для фирм, имеющих целью быстрый бизнес-старт и получать деньги. Не упустите возможность сэкономить время и средства, превосходные экспресс-конструкции для вашего следующего начинания!

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