Do you plan to follow up your qualification with an MBA?
Do you want to become a CFO?
Is finance a passion?
Plan and strategise to ensure you apply for roles that match your career aspirations. Some of the roles in the Finance function of a manufacturing or services organization include:
Follow the technology adopted by the organisation to maintain books of account. Questions that will help you gauge the company and job profile are:
- Is there any foreign reporting?
- Does the company use SAP or another ERP?
- Are the accounts decentralised? Who are the auditors?
Analyse the balance sheet to understand the company’s approach to treasury.
- Cash rich – investment focus
- High debts – read about the bankers, understand the fund raising techniques approached by the organisation.
Reporting to the management.
Ask the interviewer about the quality of MIS output. Does the MIS team get good opportunities to present directly to senior management?
Read through the Notes to Accounts attached to the Balance Sheet. As an applicant for a tax role, it would be useful to understand if the company is facing tax litigation. The nature of business, source of earnings or location of a plant may offer the company tax benefits. Complete your research before you meet the organisation.
- Corporate Finance:
General finance and accounting policies followed by the organisation
It deals with sources of finance, how the organisation funds itself and the capital structure.
- Mergers & Acquisitions:
Read about the past acquisition history of the company.
To get a deeper understanding on: