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6 Critical Non-Finance Skills To Have In Your Finance Career

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Excellent financial and mathematical skills are just the start when it comes to a brilliant finance career. There are other skills you will need to get to the top of the profession. Below you can learn the non-finance abilities that will make your finance career soar. 

And if you seek assistance in paying for your education, there are many finance and accounting scholarships out there that will lend you a hand. 

Relationship-Management Skills

You’ll need to hone your people skills to succeed in the financial world. It’s vital to understand the different personality types, be able to listen, ask the right questions, and be able to resolve conflicts. You also need to know how to educate people and provide expert advice to your clients. 

How important is relationship management? One accomplished financial planner opines that a successful finance career is 15% finance and technical knowledge and 85% psychology! When people come to you with money issues, they probably spend too much, don’t save enough, or even save everything. They need an objective advisor who can help them with tough financial decisions. 

Sales and Marketing Skills

Others in the field say skilled financial professionals need to market their skills and knowledge to prospects in their niche. This means you must possess a full understanding of your personal strengths and your company’s professional assets. 

As you market yourself to clients, you should communicate your knowledge level and your caring nature. Remember, most clients’ most precious assets are not their money but their loved ones. Clients want to be reassured that you can help them to manage money to protect their families. 

Project Management

Any job task that takes more than five minutes is usually a project. You need to have the project management chops to turn a profit. This means knowing how to budget your time, manage financial budgets, meet multiple deadlines, and get essentials from other people to finish your projects on time. 

One corporate finance professional notes that most analytical projects have people questioning assumptions and inputs. Delivering on-time backup data is vital, so people don’t question your project results. 

It’s vital to have hard copies and electronic files meticulously organized so you can flip to necessary information fast. You could be asked a complicated question months later by a CFO who needs this critical info in 15 minutes for an overseas conference call. Sloppiness and disorganization can be lethal to your career path. 

Problem-Solving

You face problems in any job, and knowing to untangle them quickly rather than wilting under pressure is critical. 

It can also help if you gaze beyond your job roles and responsibilities to climb the corporate ladder. Help coworkers solve their issues rather than just reporting them to managers. When you help others out of sticky situations, your career will blossom as the word gets out that you are a team player. 

Technical Skills

Anywhere you work in finance, you need a high computer and technical proficiency to use new software that helps you in your job. The more programs, functions, shortcuts, and keys you master in Excel, the better off your finance career will be. Spend a few days getting slick and knowledgeable in Excel, and you’ll be the office darling. 

Ethics

Go-getters get ahead in finance. But you cannot be so cutthroat and competitive that you make unethical choices that torpedo a promising career. It’s vital to adhere to ethical standards in finance, such as those laid out for Certified Financial Planners. 

There you have it: six essential non-finance skills that will turbocharge your finance career. Focus on honing these skills, and you could find yourself in the executive suite sooner than you dreamed!

The idea of Bigtime Daily landed this engineer cum journalist from a multi-national company to the digital avenue. Matthew brought life to this idea and rendered all that was necessary to create an interactive and attractive platform for the readers. Apart from managing the platform, he also contributes his expertise in business niche.

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Business

Robert DeFalco Realty Leads the Way with Strategic Expansion and Philanthropy

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Robert DeFalco, the visionary founder and Owner/Operator of Robert DeFalco Realty, cemented his reputation as a huge force in the real estate industry. His firm, recognized as the #1 real estate company in Staten Island, embarked on a significant expansion this year, solidifying its status as a comprehensive hub for real estate services in New York and New Jersey.

Strategic Growth and New Partnerships

This growth involves not only a physical expansion, but also a strategic partnership with Think Mortgage, a prominent mortgage firm with a strong presence in Brooklyn and Staten Island. The collaboration aligns perfectly with DeFalco’s vision of providing seamless and integrated real estate transactions.

“We are creating a holistic experience,” stated DeFalco.

By partnering with Think Mortgage, Robert DeFalco Realty ensures clients can find their ideal home and secure the best possible mortgage rates, simplifying the process into a smooth journey from start to finish — all in one building.

Comprehensive Services Under One Roof

The firm moved to a new location in Brooklyn, occupying an entire corner block to house its operations. The expansion ensures that clients can access all necessary services under one roof, including real estate and mortgage services, in-house title services, legal expertise, and more. The move underscores DeFalco’s commitment to providing unparalleled convenience for clients.

“We are creating a synergy where all real estate needs are met promptly and professionally, right here,” added DeFalco.

A Legacy of Philanthropy

Beyond his professional achievements, DeFalco is renowned for his philanthropic efforts. He believes in the responsibility of businesses to give back to their communities. Under his leadership, Robert DeFalco Realty is a leading sponsor for the Making Strides Against Breast Cancer walk, raising substantial funds annually.

In 2019, the Emergency Children’s Help Organization honored DeFalco for his significant contributions, recognizing him with the Man of the Year Award. His dedication to philanthropy also earned him the Service and Dedication Award from the Juvenile Diabetes Research Foundation in 2022.

Community Engagement and Support

Robert DeFalco Realty’s commitment to philanthropy extends to various community events and local charities. The firm supports a wide range of organizations, including the American Cancer Society, City Harvest, Monmouth University, St. Peters High School, and many more. Their efforts make a substantial positive impact, with total donations surpassing $1,000,000.

Most recently, DeFalco attended and sponsored the ECHO Foundation, GRACE Foundation, and Tunnel to Towers events in various capacities.

Looking Forward

With its recent expansion and continued commitment to comprehensive real estate services, Robert DeFalco Realty reaffirms its position as the premier one-stop real estate shop in the northeastern region. The firm continues to uphold its foundational philosophy of treating people well, a mantra that has guided its operations since its inception in 1987 and continues to inspire its growth and innovation today.

About Robert DeFalco

Robert DeFalco Realty was founded in 1987 by Robert DeFalco, a real estate Broker/Owner who wanted to help families achieve their dream of homeownership. Through the philosophy ‘Treat People Well,’ Robert DeFalco has grown into a successful real estate agency led by a professional team of highly motivated real estate associates with experience in residential, commercial, and new real estate development. For more information, please visit https://www.defalcorealty.com/ 

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