5 Areas to Improve Before Joining the Tech Industry as a Finance Executive

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by Nirasha Gamage  |   August 12th, 2022

It goes without saying that the tech industry is becoming one of the most popular and competitive industries in the digital world. People must pay attention to this industry, regardless of age, gender, career life, profession level, or social level. Among them, if you are an employee from the commercial field, you must combine and work with the tech industry because it is the backbone of e-commerce. When all the tech industry areas are growing, developing, modernizing many aspects, and expanding daily, they want to join and work with different financial deals. As a result of this close relationship between the commercial and tech industries, thousands of exciting finance-related career opportunities are being generated for freshers in the tech industry.

Suppose you are willing to enter the tech industry as a junior finance executive, first of all. In that case, you must get a clear idea about the industry. In this article, I hope to share the most critical 5 facts to help you transition to a career in tech.

These were my findings from my journal when I was in the process of preparing myself for this new journey.

Junior Finance Executive - Job Role

As a junior finance executive, you have to assist in daily operations, including consolidating receivables, invoices and payments processing, and data entry into the accounting system.

When entering the tech industry, you must focus on the five critical points below.

  • Be a great explorer with curiosity.
  • Open up your analytical mind.
  • Polish up your essential skills.
  • Know your basics.
  • The sky is the limit.

🏆 1 - Be a great explorer with curiosity.

As the saying goes, “curiosity is the mother of all invention.” As the stepping stone to feed your curiosity, conducting promising research about the tech industry and being familiar with the key areas is essential. Read articles, watch TEDx videos, attend startup events and get exposure. Maintain a sound LinkedIn profile, connect with your friends and refer to their industrial experience. Your level of excitement decides your passion for this field. To become a pro, what you need is a beginner’s mind. So, keep exploring and stay up to date.

🏆 2 - Open up your analytical mind.

Next, you must learn and analyze the data and information you gathered through the first step. This is important because we can get a clear idea about the tech field through learning and researching and decide how we will approach it. This helps you face any situation confidently and positively to make vital decisions.

🏆 3 - Polish up your critical skills.

You must learn to ask the right questions and share convincing stories to help your clients make the best financial decisions because communication is the key. And also, you have to communicate with different levels of mindset depending on the situation. So, if you want to work under less stress, you should practice soft skills, technical skills, and critical thinking with a positive mindset. Maintaining these skills is beneficial for you to build trust and rapport between your clients and colleagues.

🏆 4 - Know your basics

As the junior finance executive, you should be able to contribute flawlessly to the overall continuity and the betterment of the business. Mastering the technical basics provides the starting point and strength to adapt to the latest updates in finance and tech. And also, this helps you stay at the top of your profession.

🏆 5 - Sky is the limit

Being agile and being willing to learn new things fuel your career enhancement. As fresher, we lack experience or deep knowledge when we join this industry. So, learning new things will help us reach new horizons by doing our best to achieve our goals in this industry. It is always good to have big dreams and aim high, but until you get there, you can still learn many things from lesser-known companies and startups. So, do not think twice about picking the best available option based on the given situation.

It is also essential to develop the ability to adjust your mindset to different company cultures, such as customer-obsessed, product-led, and growth-focused industries. Sometimes it is also about testing your limits or walking that extra mile to get comfortable with stepping outside your role by taking different parts. How you take up challenges, users’ pain points, and needs and react to each situation matter.

According to my experience, I think these five facts are essential to any junior finance executive who hopes to join the tech industry in the future. Sticking to these points will surely make your career stable and exciting.