Video: Highest Paying Finance Jobs ($250k+ Career Paths In Finance) 2024, May
In the modern world, the financial situation of many companies, small and large commercial enterprises that have long existed in the market and have occupied their niche, is very precarious. The blame for the constant jumps in exchange rates, the unstable geopolitical situation and many other factors that impede international trade and business development at the global level. Financiers will help solve specific problems in each individual company. But how?
Who is the financier
A financier is a person associated with the economic sphere. This is a specialist who controls all the cash transactions of the company. He can conclude agreements with partners, work on the effective investment of financial capital in order to increase the company's revenues, control the company's budget revenues and its expenses, and ensure that the company is not at a loss.
Do not forget that the financier is an economist in the first place, that is, an analyst, and only then - a business and sociable person who knows how to look for business partners and conclude profitable contracts. Proceeding from this, the specialist should analyze the financial activities of his company, as well as competing enterprises, in order to choose the most successful development strategy, investing funds, etc.
Financier Responsibilities
A specialist in this field performs important functions in any company: he is responsible for the financial strategy, income and expenses, as well as reporting on the company's financial transactions. Therefore, it is his responsibility to prepare the necessary documentation, reports, orders, instructions.
A financier is a specialist associated with cash flows. Therefore, he must have knowledge in accounting in order to competently keep records of all financial transactions that take place at the enterprise under his supervision.
Another duty of the financier is to constantly study the market, its trends, competitors' strategies, as well as analyze the economic and financial situation in its own company in order to maintain and increase revenues.
Qualities and skills of a financier
Not everyone can build a career as a financier. Profession is the work of a lifetime. Therefore, one who chooses the specialty in question should have a number of personal qualities that will enable him to succeed in this field.
A financier is a person who is responsible for the material well-being of an enterprise; therefore, he must possess certain personal qualities that will enable him to efficiently fulfill his official duties.
So, this specialist must be sociable and polite in order to communicate with partners and enter into transactions. He is also required to be diligent and attentive, to have an analytical mindset in order to find new strategies and development paths for the enterprise.
Logic is the tool that the financier will have to resort to very often. Thanks to her, he will be able to correctly and consistently set forth his own ideas and argue his point of view.
The flexibility of the mind will always help you find a profitable solution in a given situation. Since the state of the foreign exchange market is constantly changing, the financier must choose a development strategy that can be easily adjusted in connection with specific circumstances.
Career prospects
In the modern world, the profession "financier" is a promising life path that opens up great opportunities for a specialist. Firstly, he must cooperate with other companies, and this is a way of acquiring ties in the market sphere. In addition, if you have to deal with foreign enterprises, the financier can practice knowledge of a foreign language, travel to other countries, and go on business trips.
Secondly, talented and successful specialists in this field have a lot of money, because they provide the material well-being of the whole company, that is, they occupy a very responsible position, which should be paid well.
Thirdly, building a career in this area is an excellent way of continuous personal growth, improving communication skills and professional skills. Such a person always remains interesting and noticeable in society, attracts the attention of successful people.
Russian Day of the financier
This holiday is traditionally (since 1802) celebrated in our country on September 8. The date was not chosen by chance: it was on this day more than two centuries ago that Emperor Alexander I established the Ministry of Finance, which has since been following the money manipulations taking place with the state treasury and distributes capital between various areas.
Since then, the financier is a respected profession. Not a single company can function without specialists in this field, and not a single enterprise is capable of developing.
