In the maddening race for business school admissions, competing with an overwhelming number of applicants, how do you stand out? How do you make sure that you can get into those coveted MBA programs? You are always left wondering as to what went wrong – […]
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An organization’s finance office deals with the overall financial matters carried out by the company. These matters can be internal affairs or external with other companies or businesses. A finance officer is responsible for ensuring timely payments and receipts, reviewing a list of expenditures and how to stabilize a company financially. The professional provides expert advice on how to spend more wisely for the company and how to make smart deals with other entities. Finance officers are mostly hired by established companies or multi-nationals who have operations in more than one facility. They ensure the smooth financial running of a company in every manner possible and bring important matters to the knowledge of seniors. They are required to provide their expertise on matters like which asset needs to be bought and which contract should be delayed for some time. There is more than one benefit in working as a finance officer in an organization. Some major benefits are mentioned below:
Appraisals and Promotions
Finance officers have high chances of being promoted at early stages in big companies. This is due to the flow of work pouring in for a company, where more finance officers may be required for hiring. Finance officers are also provided with various benefits and appraisals from companies since they are permanent employees in companies usually hired for long term purposes. A finance officer can easily be promoted after a couple of revenue generating deals and advices. Established companies acknowledge the fact that the finance officer has brought profits to the company hence, he or she be promoted. Other benefits may include health insurance, annual bonuses, vacation leaves, commissions, the provision of an assistant, etc.
Finance officers are always trusted individuals. Not only does the company as a whole trust finance officer but so does the other individuals working in the same company. Finance officers are professionals who have access to the most important information about a company. Since they have access to financial matters of the company, they are obliged to sign a contract of non-disclosure before being hired. Once they are hired, they are trusted to make every decision keeping in mind the benefit of the company. Any wrong decision can cost them their job or monthly compensation from the company. Due to the sensitivity of the finance officer’s role in the company, the interviewing process and background checks are extensive by the employer.
Finance officers are considered to be significant employees in a company. Their decisions and inputs in financial matters are highly important for the superiors of a company. In some scenarios, multi-nationals may hire more than one finance officer so that the various contracts and deals undergoing each day in a company are kept under a check. These matters are directly related to the revenues generated within a company hence a finance officer benefit companies in the long run.
Report to a single entity
Another vital benefit of working as a finance officer in a company is that a finance officer only reports to a single senior who can either be a finance manager or the finance chief officer of the company. This determines the responsibilities of the finance officer since he or she is single-handedly responsible for the everyday decision-making and task completions. These finance officers generate daily or weekly reports for their seniors and are directly from their immediate seniors for further tasks. Receiving directions from a single entity prevents unnecessary communication and clashes within the organization. Since this position in a company is already considered to be a very sensitive one, finance officers should restrain themselves from unnecessary conversations with other professionals in the company to avoid discussions of vital information which is not supposed to be disclosed.
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Online continuing education has become very popular in the recent years and many people especially those working find it more convenient. Online education has help many professionals develop their careers and also acquire new skills. Online continuing learning is taught through internet and the learning […]
Adult education programs have gained popularity in the recent past, with more and more mature people desiring to go back to school and add to their knowledge. The benefits of such programs are not only academic but also stretch to the social spheres of life. If you are toying with the idea of going back to school at an advanced age, be encouraged that you will come out a better person professionally, socially and psychologically.
Some of the benefits of adult education programs include:
You will become more marketable if you are still in the job market. Acquiring knowledge in a specific area will greatly increase your chances of landing in your preferred career. Even vocational courses like medical assisting, nursing or machine operation promote your chances of getting into gainful employment.
If you did not get the opportunity earlier in life, you learn the basic skills like reading, writing, typing and math. These skills will be needed in almost every task that you will be required to handle, allowing you to become more productive. You can be entrusted with a wide range of assignments such as drawing up employee work schedules, filling in documents, typing memos and so on.
In case you are already in employment, adult education programs will add to your chances of getting a promotion. After examining your job field carefully, you should be able to point out the areas that are experiencing a professional gap. If you acquire specialized training in these areas, you are most definitely in line for a promotion. A better job or position will earn you the much needed higher salary. Your employer realizes that you have become more marketable, and has to pay more to retain you. If you have been in the same salary scale for too long, you should consider enrolling in adult education programs.
You will be better equipped to deal with modern technology that was not in place during your prime years. Most adults today find that they are faced with the predicament of current computer-based applications and gadgets which they can hardly operate. This has not gone unnoticed by adult learning programs which have incorporated specialized courses to edify members on the advancing computer technology.
Your overall quality of life is enhanced because you become more knowledgeable and a better manager of your time, family and finances. Your self-esteem is also boosted because you no longer feel that you are lagging behind. You can participate more actively in social activities.
Concentration tends to be easier when you are older because you are more focused in life and know exactly what you want. During the youthful years you want to have fun and experiment with everything, but later in life you are more settled and better placed to learn.
Adult education programs can be offered on location or online if you do not want to keep commuting to the college. Extra flexibility is offered by the class timelines which include day, evening and weekend lessons. Remember ignorance is no defense, so get yourself into a suitable program and learn.