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WHAT’S YOUR

FINANCE TEAM’S
R LE?
Reporting on
the bottom line?
OR

Contributing to
the bottom line?
How about both? More than 75% of global
respondents confirm that when finance
personnel work in supporting management, it
better helps the organization meet its
objectives.
There is potential to deliver
greater business benefits
Shared
service
centers

Technology

Increased
analysis

Scale
benefits

Business
support

Finance
function has
delivered
scale
benefits

Real
business
benefits

Focus on
people
and
organisati
on
Transforming the finance
function
Roles
The role of the
management
accountant is becoming
much broader than
producing the
necessary information,
reports
and analysis. It is
about improving
decision-making.

Decisions
Transformation
Transforming the finance
function
Roles
Decisions
Decisions have to be
properly framed so
they are considered
against the right
objectives on the
basis of the evidence
available. Effective
decisions achieve
their intended impact.

Transformation
Transforming the finance
function
Roles
Decisions
Transformation
Management
accountants are on a
journey from their
quantitative roots to
where they must apply
qualitative skills. In this
new role, they can be of
greater value to the
business and enjoy
wider career prospects.
The CGMA designation enables
the delivery of these benefits

Technical
accounting
expertise

Commercial
awareness &
analytical skills

Influencing &
leadership skills
CGMA designation holders:
 Demonstrate talent in both financial and management
areas, coupled with business acumen
 Are advancing into key advisory roles that are critical
to operations and strategy

 Fill a talent void that, if not met, could undermine
sustainable growth and progress
Does your team
possess the skills
and talent needed
to make this
transformation?
Communications skills

Leadership skills

Critical thinking and
problem-solving skills

Anticipating and
serving evolving
needs

Synthesizing
intelligence to insight

Integration and
collaboration
Importance of various skills
for finance — as rated by
non-finance personnel
Working in collaboration

75%

• Of CEOs agree that there is a
need to put more emphasis
on non-financial measures.#

75%

• Of CEOs say collaboration is
a key skill for future success.

67%

• Of CEOs surveyed identified
communication as key skill
for success.

43%

• CEOs identify lack of management
of Human Capital is an impediment
to achieving financial targets.+

# Rebooting Business: Valuing the human dimension
+ Talent pipeline draining growth – CGMA Report
Connecting the dots:
what CEOs want
Strong
strategic
understanding
of the business
as a whole

Strong
technical
skills in their
discipline

CGMA
designation
holders

Ethics
Multidisciplinary
expertise and
ability to
collaborate

Skills in
management
competencies
CGMA designation holders:
making an impact on industry
M RE
To find out more about how the CGMA designation
can help transform your finance function,
visit CGMA.org/employers

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What CGMA designation holders can do for your business

  • 2. Reporting on the bottom line? OR Contributing to the bottom line?
  • 3. How about both? More than 75% of global respondents confirm that when finance personnel work in supporting management, it better helps the organization meet its objectives.
  • 4. There is potential to deliver greater business benefits Shared service centers Technology Increased analysis Scale benefits Business support Finance function has delivered scale benefits Real business benefits Focus on people and organisati on
  • 5. Transforming the finance function Roles The role of the management accountant is becoming much broader than producing the necessary information, reports and analysis. It is about improving decision-making. Decisions Transformation
  • 6. Transforming the finance function Roles Decisions Decisions have to be properly framed so they are considered against the right objectives on the basis of the evidence available. Effective decisions achieve their intended impact. Transformation
  • 7. Transforming the finance function Roles Decisions Transformation Management accountants are on a journey from their quantitative roots to where they must apply qualitative skills. In this new role, they can be of greater value to the business and enjoy wider career prospects.
  • 8. The CGMA designation enables the delivery of these benefits Technical accounting expertise Commercial awareness & analytical skills Influencing & leadership skills
  • 9. CGMA designation holders:  Demonstrate talent in both financial and management areas, coupled with business acumen  Are advancing into key advisory roles that are critical to operations and strategy  Fill a talent void that, if not met, could undermine sustainable growth and progress
  • 10. Does your team possess the skills and talent needed to make this transformation?
  • 11. Communications skills Leadership skills Critical thinking and problem-solving skills Anticipating and serving evolving needs Synthesizing intelligence to insight Integration and collaboration
  • 12. Importance of various skills for finance — as rated by non-finance personnel
  • 13. Working in collaboration 75% • Of CEOs agree that there is a need to put more emphasis on non-financial measures.# 75% • Of CEOs say collaboration is a key skill for future success. 67% • Of CEOs surveyed identified communication as key skill for success. 43% • CEOs identify lack of management of Human Capital is an impediment to achieving financial targets.+ # Rebooting Business: Valuing the human dimension + Talent pipeline draining growth – CGMA Report
  • 14. Connecting the dots: what CEOs want Strong strategic understanding of the business as a whole Strong technical skills in their discipline CGMA designation holders Ethics Multidisciplinary expertise and ability to collaborate Skills in management competencies
  • 15. CGMA designation holders: making an impact on industry
  • 16. M RE To find out more about how the CGMA designation can help transform your finance function, visit CGMA.org/employers