In Highako you can ask and answer questions and share your experience with others!
Hi, I am a credit manager but I want to move to a role in treasury. What are the things that I should focus on and what skills should I implement to move to a different role?
I'd be pleased to try to answer your questions given more details. Please feel free to connect with me at LinkedIn if you would care to do so. Thank you for your questions and comments.
John La Rocca
firstname.lastname@example.org • LinkedIn.com/in/jjlarocca7
There are several avenues to explore; your background has given you an excellent foundation to pursue. Depending on the size of the treasure department, you may find cash management, hedging, or cash applications as possible avenues to explore. If your firm is international, you may also consider managing inter-company relationships.
Hello, I am currently a credit analyst. What skills should I focus on to become a credit manager?
Sharpen your communication skills, contribute to the organization at all levels and mentor people in your department and organization. Often, you have to do the job before it is offered to you. If you get a chance to join special projects, do it. It goes without saying the technical skills beyond worksheets will always give you an upper hand, take classes on robotics and artificial intelligence.
Hi, I’m Kate. I am a senior credit manager. I have been stuck in this position for a long time now. I don’t get the appreciation that I deserve. My boss always prefers my male colleagues to me. How can I break this stereotype? Could you give me some best practices to follow?
Kate, I think everyone who has and does work in credit has felt the same way in their career at some time. Sometimes, talking with the boss is an excellent way to find out what his preferences are and why he feels or in this case acts the way he does. If he is honest with you, you should get a good understanding of what you need to do.
Today, the credit profession is full of qualified women. I recommend you join women in finance organizations in your area. They can help you with your career development and networking.
There are always opportunities, you just need to know where they are.
What are the possible roadblocks that I might encounter in the journey to become a CFO and how to overcome them?
The road to the CFO's office varies; most CFO's I know start their career as analysts and increase their exposure by working in as many disciplines as opportunities present themselves within the organization. Another path is working in the audit field, where you get exposure to the inner workings of multiple vertical markets and industries.
Become an active member in local and national associations, subscribe to trade journals, and stay current with changes in your industry.
Roadblocks can always be overcome, and they will always be there, look at them as a challenge you need to find a solution for, and you are well on your way to whatever you aspire to be.
My name is James Bob Kelechi, here are the questions I will like ask:
First, you can never have too much knowledge, and the accreditation shows you have a thrust for knowledge and the designation will always give you the upper hand when advancing your career.
The second part of your question is a little harder for me to address since I don't know what other employment opportunities may exist in your country. My advice is don't get stuck on a title, or industry. It sounds like you know the future is digital, so go digital, that is what the leading companies are looking for. Invest your time in yourself and it will pay off.
If I were there I would begin to investigate off-shore companies doing business utilizing open account credit terms there in your country for my next career move.
I think you might look to one or more of the companies for their guidance on requirements as your first of two questions. In my experience the qualifications help in getting you interviews. Soft skills help get you the job, promotions, raises, bonuses, and recognition. In 2015, I almost had a visit with a few customers in your country. I only got as far as South Africa. It was going to be my next trip but it hasn't happened yet.
Sometimes we need to help companies see what it is that they are missing by not having an in-country or in-region expert in helping them grow their revenue and manage the associated risk. I'd think about re-branding myself as a relationship manager. Being a credit manger will be part of your role. The other part will include perhaps greater recognition and compensation. Please feel free to connect with me at LinkedIn if you would care to do so. Thank you for your questions and comments.