#009: Monday Memo: Don’t forget our unique strengths in finance & accounting

Whilst walking the floor the other day I bumped into a former colleague who is now a Senior Manager of a Global Services contractor at a client of mine and as we got talking he mentioned how his boss judged him on his bottom-line performance, nothing new there, but it turned out his team didn’t have any visible finance support. He didn’t have an accountant to provide him reports? He set up his own invoicing and receiving procedures within his team? He had no financial advice, no decisions support? He even had access to SAP, pulled his own reports and dumped data into Excel. Maybe he didn’t need them? Should accountants and finance professionals be worried? If you enjoyed this episode, checkout show notes, video and more at sitnshow.com/podcast/009.

Om Podcasten

The #SITN Show (www.sitnshow.com) is a popular accounting & finance podcast listened to in over 150+ countries around the world. Getting an accounting qualification or finance certification is one of the best things to do to make a difference in our society. It potentially gives us a position from which we can help businesses make better decisions for the good of their customers, suppliers, communities, colleagues and yes owners and other financiers too. We can help increase the opportunity for all. So #SITN was established to leverage the value of mentoring: 1. To elevate the influence, impact, value, and difference we make for our organisations; and 2. To have more fun, rewarding, and meaningful careers in accounting & finance. In this way we make it more accessible to everyone in our profession, regardless or geography, professional affiliations, status, gender, etc… The fundamental premise of #SITN is that despite for all the challenges our profession is facing into, the seemingly accelerating rate of change, the new digital technologies and business models, we still have the ability to share with each other practical advice & experiences on what works well and what doesn’t, so that we can all plot better paths forward. Every Thursday we release a professionally produced podcast with a 30- to 40-minute interview that has been recorded with a guest mentor relevant to the finance & accounting profession. These guest mentors share their real success stories and hard-won lessons which are not found in any textbooks or on LinkedIn profiles. Together with the interviewer they deconstruct their experiences into the key strengths, qualities and practical ‘baby’ steps that others can also follow. On Mondays there is the popular #SITN Monday Memo which is a 5-minute debrief on a topical issue or useful piece of practical advice in accounting & finance. The show is accessible via: iTunes; Stitcher; Spotify; YouTube; and Soundcloud, with detailed time-stamped show notes, key quotes, resources & ways to connect with guest mentors at www.sitnshow.com.