Company: Company J* (Pseudonym) Industry: Manufacturing Revenue: U.S.

$500 Million2 Billion Employees: 2,00010,000

Competency Model Database

Finance Competency ModelCompany J

Employee Level Financial Analyst

Finance Competencies Meets commitment for preparation, presentation, and discussion of effective and accurate business analysis Understands the business, its competitive environment, and appropriate benchmarks Drives forecasting process and analyzes trends Actively participates in business reviews and business decision making as a partner to business leaders Monitors progress toward business metrics, identifies critical financial and business issues, identifies possible solutions, and appropriately communicates these Drives change with a positive attitude, incorporating new tools, programs, and activities Seeks out additional commitments in support of the financial teams objectives and is willing to go beyond past experiences Mentors and/or sponsors financial services associates Takes control of personal career development Leads the effort toward functional excellence of the accounting function including preparation, closing, and reconciliation of the financial records Is familiar with the generally accepted accounting principles Demonstrates knowledge of the financial systems and interaction between financial and other systems Recognizes financial and tax issues and contacts appropriate resources Identifies and implements process and other improvements, partnering with others as needed Seeks out additional commitments in support of the financial teams objectives and is willing to go beyond past experiences Mentors and/or sponsors other financial services associates Takes control of personal career development

Accountant Accounting Leader

Accounting Services

Owns the financial function they are primarily engaged in, including reconciliation, as appropriate Works with others to identify and implement improvements to the overall process and not just the financial tasks Recognizes accounting issues that require special treatment and contacts the appropriate person Understands the cause and effect of transactions Seeks out additional commitments in support of the financial teams objectives and is willing to go beyond past experiences Takes control of personal career development
* Note: Company J is known as Company D in the original study.

Source: Corporate Leadership Council, Career Pathing and Leadership Development for Finance Personnel , Washington: Corporate Executive Board (January 2003).

2009 Corporate Executive Board. All Rights Reserved. Catalog Number: CLC7152344746