Working in the finance and accounting industry often means handling your own tasks, working on solo projects and having to solve problems individually. But, it also involves working with colleagues from different departments - such as sales, marketing and business operations - and this is something that needs to be done well. Collaboration is important in finance and accountancy roles, so much so that it’s the next soft skill that I’m diving into.
Being Able to Work Together is Invaluable
A lot of people underestimate the importance of collaboration, assuming that as long as the task gets done, it doesn’t matter how well you have worked together. Though completing tasks to a high standard is key, a lot of work in the finance industry can be streamlined and improved by working with a wide range of people. By collaborating, there are more hands on deck, and tasks are completed quickly. Plus, there’s a lot of innovation and creativity that comes with collaboration, as everyone brings something slightly different to the table. If you ask me, collaboration fosters teamwork in a big way, and it leads to much more comprehensive financial insights.
How Collaboration Can Benefit Your Finance Team
If you have ever faced a problem at work and you didn’t know what to do, you will know how stressful it can be to work alone. When you make collaboration a priority within your team, this is unlikely to happen. Instead of someone being stuck, unsure of how to overcome a challenge, the whole team can work together to find a solution. There’s always going to be someone who can help, which streamlines the problem-solving process and makes the team a lot more capable as a whole.
When a team collaborates, everyone is more capable of adapting to changes in the workplace. The world of finance and accounting is regularly evolving, and working together makes this a lot easier to deal with. A collaborative team is one that’s aligned and changing at a rapid pace becomes simple, whereas a misaligned team could struggle.
It’s also important to remember that teams that collaborate also communicate, something that I encourage everyone in the industry to do more of. Communication is key, both professionally and personally. Communicating enables everyone to see what is being done, who is doing what and how a project is going. On a personal level, communication creates a friendly, welcoming and respectful workplace. If you are collaborating, you are communicating.
As always, check back next week to find out which soft skill is next on my list.
Ready to join a company that values collaboration in the finance and accounting industry? Reach out to us today!