Mihaela Robu

Business
Development
Manager
ACCA SEE

EDUCATION AND
CONTINUING PROFESSIONAL
DEVELOPMENT

21th of April 2016

10%
Adult population
unemployment in
European Union

20%
Young people
unemployment

5/8/16

According to a recent
CEDEFOP survey
29 % of the EU adult
population
suffers from qualification
mismatches

EDUCATION AND PROFESSIONAL CONTINUING DEVELOPMENT

ACCA

Lifelong learning - EUROSTAT

1.9% Romania
2.2 % Bulgaria
20.9 % UK
30.7% Suedia

14.6 % UE
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5/8/16

EDUCATION AND PROFESSIONAL CONTINUING DEVELOPMENT

ACCA

Challenges
Volatility

Cost & margin

pressure

5/8/16

Growth challenges

Risk &
Opportunity

EDUCATION AND PROFESSIONAL CONTINUING DEVELOPMENT

Oversight

Insight & control

ACCA

5/8/16

EDUCATION AND PROFESSIONAL CONTINUING DEVELOPMENT

ACCA

The changing role of todays finance organisation.

Traditional control &

stewardship
responsibilities

5/8/16

EDUCATION AND PROFESSIONAL CONTINUING DEVELOPMENT

Supporting strategic
direction of the
organization

ACCA

CFO current priorities

Financial Planning
Analysis and Insight
to support better
decision making
Stewardship and
Control, Regulatory
Compliance and
effective Risk Mgt
Strategy support
driving strategy
formulation,
validation and
Finance Efficiency
execution
ensuring core finance
operations are
efficient

Over 1400 CFOs, FD

and other finance
leaders
LIVE ACCA GLOBAL
SURVEY MAY 2014

ACCA

Finance must always deliver:

A strong control environment
Accurate & timely financial
reporting

Finance must earn

the mandate

Effective working capital/cash

management
Effective financial
planning/budgeting
Prudent cost management

5/8/16

EDUCATION AND PROFESSIONAL CONTINUING DEVELOPMENT

ACCA

A smarter finance function

Strategy

Risk Mgt

5/8/16

Insight

Investme
nt

Governanc
e

Stakehold
er Mgt

EDUCATION AND PROFESSIONAL CONTINUING DEVELOPMENT

ACCA

What is the implication for the finance skills

needed today?
1. Technical skills
remain essential but
they are a baseline
requirement

2. Deep commercial
skills and business
acumen are very
important capabilities

3. Stakeholder mgt and

strong internal and
external relationships
are essential

4. Strong
communication and
influencing skills need
to be part of the toolkit

5. Being technological
adept and
understanding the value
that technology can
bring is important.

6. Behavioural attributes
matter too for the
reputation of the
profession and the
finance organisation!

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EDUCATION AND PROFESSIONAL CONTINUING DEVELOPMENT

ACCA

That is why
managing talent is
so important

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EDUCATION AND PROFESSIONAL CONTINUING DEVELOPMENT

ACCA

Thank you!
mihaela.robu@accaglobal.com
roxana.gheorghe@accaglobal.com

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EDUCATION AND PROFESSIONAL CONTINUING DEVELOPMENT

ACCA
ACCA