According to LinkedIn, financial forecasting and modelling is one of the fastest growing skills of the year
Boost your career and achieve financial success
Author of the article: StackCommerce | Publishing date: Jan 05, 2021
Massive unemployment rates due to COVID-19 have people turning their focus to attaining hireable skills that translate easily into today’s uncertain job market. Acquiring the fastest-growing skills since the pandemic hit — such as financial forecasting and modelling — gives you the necessary boost to make your application stand out. Looking for a job is never fun, but what if you had sought-after skills on your resume that would give you more value over other candidates? Perhaps looking for employment wouldn’t be so bad, after all.
Well, I have been saying it for years – and it’s nice to know that LinkedIn is finally catching up.
No, I don’t have a job for you, but I do know how you can improve your chances.
Let’s be frank!
The production of monthly management accounts is largely mechanised these days, so who needs an accountant?
And any self-respecting accountant will revise and improve all financial processes and controls in a relatively short time and monitor compliance.
So, do you want to be a financial “watchdog” – or do you want to be part of the management team that is making decisions, developing and quantifying strategy, predicting the future financial performance of your company?
Of course history is important, knowing and understanding what has happened is useful and beneficial.
But, quite frankly, having a flexible, appropriate, predictive tool to enable “what-if” analysis, and evaluate alternative strategies and scenarios is infinitely more important.
And that’s the role that a professionally trained and certified financial modeller plays in a business.
Maybe that’s why I have spent half my working life building financial models across my numerous business activities.
Food for thought? – I hope so.
And if you see the merits and want to do something about it contact me – colin@goalfix.co.za
BTW, Happy 2021 to everyone – let’s look beyond COVID.