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This edition of Accounting Illustrated provides the top ten tips for becoming a better finance or accounting manger. To get these tips, we polled entry and mid-level candidates to find out what they look for in an efficient, effective and successful manager. Watch the video below to learn how to become a more effective manager. How to Be a Good Finance Manager: 10 Tips Be sure to follow these ten tips to become a better financial manager. Improve communication skills and be transparent. To be the most effective manager that you can be, it is vital to have open lines of communication with your employees. Communicate your expectations clearly and often, consider the employee’s unique perspective, and encourage them to ask questions or voice concerns openly. Develop your own skills. If you expect your employees to develop their technology skills, expand their business knowledge and get certifications, you should lead by example. Your employees will admire your tenacity and dedication to continue to learn and better yourself. A good manager deals with conflict (not avoids it!) This is really important. Don’t put off approaching your employees to discuss issues or conflicts. The longer you wait and allow conflict to fester, the more credibility you lose in their eyes. Uncover the issues quickly, and come to a reasonable resolution as soon as possible. Set high, but realistic expectations. Challenge your people, but make their goals achievable. This will show that you really understand your employees’ skill sets and capabilities, and that you have confidence in them. By empowering them to accomplish more, your good employees will work harder, get better, and ultimately achieve success for the whole team. Be open to new ideas and new perspectives. As a manager you are privy to a variety of different perspectives and ideas. Tap into these. Use them as a competitive advantage.  Definitely don’t expect others to conform to one way of thinking. Embrace these unique viewpoints – you could uncover ways to be more innovative or efficient. Take a break. Hey, sometimes you have to work through lunch. It happens. Just make sure Read More »

The post 10 Tips to Be a Better Finance or Accounting Manager appeared first on Accounting Principals Blog.

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