This article is based on a presentation given by Jody Salbo, Senior Director of xP&A (FP&A) at Engel & Völkers at our FP&A Summit, Boston in 2023. Catch up on this presentation, and others, using our OnDemand service. For more exclusive content, visit your membership dashboard.
Did you know that you can leverage transferable skills in FP&A (financial planning & analysis) to shape the career (and life) you truly want?
Whether you love your job or find yourself itching for something new, transferable skills can open up career paths you might not have considered.
Even if you’re happy in your current role, I hope to show you how these skills can help keep things fresh, not just in your career but in the broader scope of life.
So, let’s dive into the power of transferable FP&A skills and how to make them work for you...
Why transferable skills are essential
What exactly are transferable skills?
They’re essentially skills you’ve honed in one role that can add value in many other areas. Think communication, problem-solving, relationship-building - skills that transcend any specific industry or role. These are important because they demonstrate adaptability in an ever-changing job market. It’s never been more crucial to have these “portable” skills that can help you pivot when needed.
FP&A, and finance in general, has changed dramatically over the past decade. Many of us have experienced layoffs, industry shifts, and the like. Transferable skills help you remain resilient and adaptable. From my experience, I can say they’re valuable at every career stage, whether you’re a CFO or just starting out.