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92<br />

Careers<br />

job can add an entirely new range of<br />

competencies to your repertoire. It will<br />

allow you to demonstrate and enhance<br />

competencies that until now you have<br />

not had the opportunity to use. For<br />

instance, volunteering can improve<br />

your abilities in terms of teamwork,<br />

communication, relationship<br />

management, problem-solving and<br />

critical thinking.<br />

Become a non-executive director<br />

Obtaining a position as part of a<br />

board can also provide the ideal<br />

opportunity to develop a new range of<br />

competencies, such as communication,<br />

influencing and strategising. It is,<br />

of course, a great way to increase<br />

your network and profile. Securing a<br />

board position with a not-for-profit<br />

organisation can be a great starting<br />

point as well as an opportunity to<br />

make a meaningful contribution to a<br />

cause that you have an interest in.<br />

Join Toastmasters<br />

Toastmasters is an international notfor-profit<br />

organisation that provides<br />

a supportive environment where you<br />

can improve your public speaking,<br />

communication and leadership skills.<br />

Self-promotion<br />

Developing your competencies is an<br />

essential part of a successful career<br />

and a core skill in its own right is the<br />

ability to promote these competencies<br />

in a way that gets you noticed.<br />

Increased visibility will enhance your<br />

credibility. Working on your ability to<br />

self-promote and build a network is<br />

critical.<br />

The recruitment process<br />

The HR and recruitment processes<br />

implemented by many organisations<br />

have a competency framework at<br />

their core. They have driven and<br />

accelerated the use of competencies in<br />

the provision of training, drafting of<br />

job specifications and the recruitment<br />

process. Most job specifications will<br />

now include an outline of the core<br />

competencies required for a role. The<br />

interview process will also most likely<br />

incorporate questions that require the<br />

candidate to outline the competencies<br />

they have demonstrated in the past<br />

TOP 10 NON-FINANCE<br />

COMPETENCIES<br />

1. Communication and<br />

influencing skills.<br />

2. Emotional intelligence/selfmanagement.<br />

3. Relationship management.<br />

4. Project/change management.<br />

5. Flexibility/agility.<br />

6. Performance management –<br />

company, self and others.<br />

7. Analytical/strategic thinking.<br />

8. Problem-solving/innovation.<br />

9. Commercial acumen.<br />

10. Coaching/mentoring.<br />

and how they will utilise these to<br />

the advantage of the organisation in<br />

a new role. During most interview<br />

processes, you are now required to<br />

demonstrate how you meet each of<br />

the core competencies identified by<br />

the employer. CVs are no longer just<br />

an account of the functionalities of<br />

your role; they should also incorporate<br />

an overview of the non-technical<br />

competencies the candidate has<br />

to offer. This is in turn reflected in<br />

LinkedIn profiles, which professionals<br />

showcase to the world.<br />

Doing that bit extra<br />

When prospective employers look<br />

for potential candidates, they often<br />

zone in on extra- curricular nonwork-related<br />

activities to get a better<br />

sense of the skills you might bring<br />

to the role. Looking at the interests<br />

you have outside work can provide<br />

real insights into the person you are,<br />

the competencies you possess, what<br />

motivates you and what environment<br />

might suit you best.<br />

A new focus<br />

When we consider competencies, we<br />

might not be inclined to consider<br />

resilience and self-compassion.<br />

However, they are crucial to achieving<br />

career success. In a fast-paced and<br />

ever-changing world, the ability to<br />

cope with this pressure and manage<br />

your reaction to it is essential for<br />

survival. We can develop the ability<br />

to identify, manage and bounce back<br />

from challenging situations. Resilience<br />

is now recognised as an important<br />

competency in the modern-day<br />

workplace. Developing your levels of<br />

resilience includes key management<br />

skills such as managing conflict and<br />

difficult situations, being assertive and<br />

understanding why people behave in<br />

particular ways. It also includes the<br />

ability to use and implement stress<br />

management techniques such as<br />

mindfulness and meditation.<br />

Another key competency in terms<br />

of career success is self-compassion.<br />

Cutting yourself some slack and<br />

not being hard on yourself is an<br />

underestimated competency. We often<br />

set ourselves unrealistically high<br />

standards and when we inevitably<br />

fail to reach them, it impacts on our<br />

confidence and can cause huge levels<br />

of stress. Knowing when and how to<br />

use self-compassion is a crucial selfprotection<br />

mechanism in sustaining<br />

your mental health and career success.<br />

Many see self-compassion as a failing<br />

but in reality, it is a survival strategy.<br />

Newly qualified?<br />

Following their training, newly<br />

qualified members understand the<br />

key technical competencies required<br />

to start their career. The next step,<br />

however, is to supplement this<br />

knowledge with competencies such<br />

as effective communication skills, the<br />

ability to work autonomously, effective<br />

time and project management and the<br />

ability to demonstrate initiative and<br />

commercial acumen.<br />

Last word<br />

The role of the Chartered<br />

Accountant is evolving and will<br />

continue to do so. It will remain<br />

underpinned by core technical<br />

and accounting competencies but<br />

to add real value and to remain<br />

relevant in a rapidly changing work<br />

environment, those seeking career<br />

success and fulfilment will need to<br />

add and develop other non-finance<br />

competencies to their offering.<br />

KARIN LANIGAN<br />

Karin Lanigan is Manager of Career<br />

Development & Recruitment Services<br />

at Chartered Accountants Ireland.<br />

ACCOUNTANCY IRELAND<br />

APRIL 2017

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