More Than Numbers: How to Develop In-Demand Skills of Successful Finance Professionals in Southeast Asia
The finance sector is rapidly progressing in Southeast Asia, driven by digital advancements, fintech innovation, and a growing middle class. This shift is creating a demand for specific skill sets among companies which has led to a tug-of-war for highly skilled talent. Job seekers and current professionals in the finance industry must continuously adapt and enhance their skills to stay competitive. Companies are on the lookout for candidates who possess a diverse set of finance skills that align with the dynamic needs of the industry.
Adapt To Advance
If there are certain areas where you need to upskill, here are some recommendations to bridge the gap so you can adapt and have a thriving career in the finance industry.
1. Evaluate your skill set
The foundation of skills development lies in a comprehensive self-evaluation. This involves critically assessing your proficiency in various financial functionalities, particularly those relevant to your current role. Identify areas where you might benefit from further development, such as computer software competency within the company’s financial systems. Reach out to talent consultancy services who can guide you on where you can focus for improvement.
2. Stay updated
In the Age of Information, ignorance is not bliss. Keep up with the ongoing and upcoming trends in the finance industry. Whether it’s national, regional, or global updates, it’s always best to have – at the very least – a general overview of the top financial stories. Stay abreast by subscribing to online financial publications or joining reputable online forums.
3. Never stop learning
Take advantage of Learning & Development programs offered by your employer to help you upskill. Look into online learning platforms such as Coursera or LinkedIn Learning. You’ll receive a certificate for accomplishing their courses which, along with your newly learned skills, you can feature on your LinkedIn profile so you can be easily spotted by Applicant Tracking Systems (ATS). Attend finance-oriented conferences and sign up for workshops or seminars relevant to your career. Enrol in a master’s degree program for courses that are right up your alley.
4. Obtain professional certifications
Earning professional certifications and licenses in finance is a strategic move that can significantly enhance your skills, credibility, and career prospects. If there’s a particular field in finance that you want to specialise in (e.g., accounting, financial analysis, risk management), check the eligibility and work experience criteria so you’ll know how to fulfil them. Register for review courses to help prepare you for the exam. Don’t forget to maintain your accreditations through continuous training and professional development activities.
5. Expand your network
Engaging with fellow finance professionals exposes you to diverse perspectives and best practices. Through interactions with experienced mentors and industry leaders, you can glean invaluable insights and practical advice, potentially accelerating your skill development. Networking can also lead to collaboration opportunities, allowing you to participate in real-world projects and tackle complex financial challenges alongside skilled individuals.
6. Make upskilling part of your routine
Investing in your financial skill set extends beyond the boundaries of the professional realm. You can find opportunities to hone your skills even in your daily routines. Apply financial principles like budgeting, expense tracking, and financial forecasting into your personal finances. Regularly monitor your income and expenditures. Conduct self-assessments of your financial health to enhance your overall financial literacy. These practical exercises can serve as a valuable training ground.
7. Balance it out with soft skills
Cultivating strong soft skills can help you effectively communicate complex financial concepts, build trust and rapport with colleagues and clients, and navigate workplace dynamics with grace and adaptability. By honing these soft skills, you can unlock opportunities for collaboration, enhance your ability to influence positive outcomes, and position yourself as a well-rounded professional capable of leading and inspiring others.
ASW Consulting: Expert talent search agency in Ho Chi Minh & Bangkok
Whether you’re an aspiring analyst eager to launch your career or a seasoned professional seeking new horizons, ASW Consulting offers a wealth of support. We offer comprehensive permanent recruitment services in Vietnam and Thailand, meticulously connecting talented finance professionals with their ideal career destinations. Our expert talent acquisition sourcing in Ho Chi Minh and Bangkok leverages deep local knowledge and a vast network to uncover the perfect fit for each opportunity. We understand the nuances of each market, ensuring seamless placements that align with your skills, aspirations, and lifestyle preferences. Connect with us through our job vacancies or visit our website to submit your CV. Let’s work together towards your goal of enjoying a prosperous career in finance.