INTHEBLACK December 2023/January 2024 Special Edition - Flipbook - Page 12
FOUR EXPERT TIPS TO NAVIGATE
YOUR ACCOUNTING CAREER
Need expert advice on how to best navigate
your accounting career path? In this video,
Kathryn MacMillan, CEO and managing
Rohit
Selvaratnam FCPA
CFO, Celsus
Increasing productivity and
efficiency gains are likely to
be high on the agenda for
many CFOs in 2024
as wage costs increase.
Process improvements and
technology will underpin
these improvements.
Flexible working is now here to stay. Bringing
people and teams together as a collective group
adds a new dimension to team management.
A business is not a homogeneous group,
and different generations require a different
understanding and approach – and perhaps a
new culture – to get the best out of people.
CFOs who invest more time engaging with
12 INTHEBLACK Dec 2023/Jan 2024 SPECIAL EDITION
director of Circle Recruitment and HR, shares
four valuable tips to help you chart a course
for success.
Click to launch video in a new window
their teams and meeting people across the
business are likely to see positive results.
Accountants should cultivate a mindset for
strategic finance to deliver value to equity and other
stakeholders as they progress to the role of CFO.
The ability to add value has helped me to rise
through the ranks, but it is important to recognise
that adding value takes different forms for different
businesses at different stages of their life cycle.
Strategic finance requires a blend of accounting,
finance and technology, which needs to be applied
to the commercial side of the business. The finance
function is a cost centre that enables value across the
business, and finance professionals need to work out
how they support the business and create value.
In 2024, CFOs will also need to turn more
of their attention to ESG matters. This requires
more than making positive statements or
accounting for the impacts of environmental
change, but integrating ESG into the values
and culture of the business.