5 Leadership Qualities Demonstrated by the Best Accountants

Leaders share certain traits and qualities that put them in a position to lead others. Here are five that you can find among the best accountants.

There are numerous books in the marketplace explaining how to be an exceptional leader. Some say that leaders are inspirational motivators. Others emphasize the role of strategic planning, honesty, and integrity. But the best accountants possess certain leadership qualities, so that they can lead not only from the front, but also in the trenches with their team.

Collaboration
The best accountants use a collaborative model for solving problems. Strong leaders know how to bring people together in constructive ways, so that they can brainstorm workable solutions. This collaborative approach helps encourage buy-in, build trust, and create a higher level of involvement amongst their team members.

Attention to detail
In an accountant’s world, strong attention to detail can define success or failure. The best accountants are accurate, thorough and detail-oriented in their work. More so, they are up to date on changing regulations, new software and reporting procedures.

Ethical behaviour
The best accountants demonstrate an unwillingness to compromise their ethics. They understand that people are depending on them to present a true and accurate picture of the company’s present position. They know that while there is always room for interpretation in accounting standards, the latitude for grey areas is limited. Their commitment to accurate reporting, consistent with the ethical behaviour expected throughout their industry, defines them as true leaders.

Proactive thinking
Exceptional financial leaders are constantly trying to add value to the business. They look at such things as team metrics, rather than just monthly reports. They have a strategic mindset, as opposed to a narrowly cost-centred mindset. The best accountants ask “where are we going next?” – not just “where have we been?”

They also demonstrate a strong willingness to learn, whether it’s a technological innovation or a new process. They learn quickly and apply that knowledge in a way that drives value for the company.

The best accountants ask “where are we going next?” – not just “where have we been?”

Leadership by example
True leaders lead by example. They model qualities such as attention to detail, proactive thinking and ethical behaviour. In turn, their teams demonstrate similar behaviours, following the culture established by the leader. Together, they establish a pattern of success and help their companies reach key milestones.

While there are a number of ways to demonstrate leadership, the best accountants understand that in order to be a true leader, you must exhibit this behaviour on a daily basis.

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