A career in Vehicle and Equipment Finance requires a very particular skillset.
Along with having the proper qualifications, education, and experience, there are hard and soft skills that you need to be successful in this field. Do you have what it takes? Here are the top skills you need to hatch a career in Vehicle and Equipment Finance.
Because this is a service-based industry, having strong communication, sales, and problem solving skills are crucial to ensure you can advertise and deliver high quality service to your clients.
If you’re a student, there are many things you can do to improve your customer service skills. For example, many schools have student service centres, restaurants, and cafes on campus where students can work part-time. A lot of these types of roles are service-oriented, so they’re a great way to prepare for a client-facing career upon graduation.
Financing and accounting abilities
Jobs in the Vehicle and Equipment Finance industry are not quite as technical as typical finance roles. However, it’s still important to have an understanding of finance and accounting in order to fulfill certain job requirements, such as using an accounting system or creating a financial reporting structure.
Business students will have the opportunity to develop these skills over the course of their degree. However, if you’re majoring in a different field, many schools have elective courses that are open to all students where you can gain a basic knowledge of finance and accounting principles.
In Vehicle and Equipment Finance, organization, time management, and scheduling skills are critical. Because the field combines aspects of customer service and sales with asset-based financing, it’s crucial that you have the ability to meet deadlines and fulfill complex consumer demands.
With a bit of planning, it’s easy to stay on top of all your responsibilities on the job. Keeping a to-do list and using a planner to map out each day is a great way to help you manage your time effectively. Try using the calendar app on your computer to plan out your weeks. Most of the apps can sync directly with your phone so you can check your plans on the go!