dcsimg

Career Story: Director Of Finance For A Network Security Outfit

Director Of Finance For A Network Security Outfit

Job Title: Director Of Finance

Type of Company: My company is in the telecommunications field, primarily in network security.

Education: BS, UMass-Amherst •• MBA, Rivier College (Nashua, NH)

Previous Experience: I worked as a customer service representative and transitioned from an accounting assistant's role to a job as a financial analyst. My career path then took me into credit management and finally into high-tech finance.

Job Tasks: My job responsibilities can vary widely from day to day. I primarily oversee the transactional side of the finance area in my company. The things that fall under my purview are accounts payable, accounts receivable, billing, collections, credit management and banking. One of the main focuses of my daily work is to supervising the staff to ensure that they complete their work in a timely, accurate and reliable way.

Weekly deadlines are a fact of life in corporate finance. Collections forecasts and account reviews are conducted on a weekly basis, and there are weekly meetings with senior management to discuss the results. The company's banking needs are monitored even more frequently by means of daily funds transfer reports, reports on the purchase and sale of currency, and general reporting on the current cash position of the company.

I also oversee our corporate risk management (meaning the company's insurance).

Best and Worst Parts of the Job: One of the best parts of my job is the opportunity to work with the sales teams in order to negotiate the sales opportunities. Whether it be non-standard payment terms or credit limits, a successful negotiation and closed business transaction provides a great sense of satisfaction. Seeing the team achieve its objectives is another great part of my job. There is also the opportunity to make a difference with process improvements and various projects and initiatives within the company.

The worst part of the job is having to depend on other departments that do not share a common vision, or who aren't in a hurry to address or to remedy problems.

Job Tips:
1. In addition to the hard-core accounting classes, take some organizational behavior classes.

2. Be flexible in the type of entry job that you take. Don't feel that an accounting clerk role is beneath you, as it is a great place to see how the company works.

3. Work on your negotiating and communications skills as these are both important in this type of job.

4. Try to be well-organized. It is easier to start out organized than to try to organize yourself later.

Popular Schools offering Finance Programs

 
Results:  10
Matching School Ads

Business with Humanity in Mind  Johns Hopkins University Carey Business School has brought the philosophy of business with humanity in mind to a completely online format. Now offering several degrees to the part-time student, students can now become business leaders at this nationally recognized, AACSB accredited institution in as little as 2.5 years. The internationally recognized expertise of their world class faculty makes for engaging discussions and strategizing for real-world problems.

Selected Campus Locations:
  • Online

Colorado State University-Global Campus

Colorado State University-Global Campus (CSU-Global) offers career relevant bachelor’s and master’s degree programs for working adults and nontraditional learners.

Selected Campus Locations:
  • Online

Utica College, founded in 1946, is a comprehensive private institution located in upstate central New York.  The College offers regionally accredited online certificates, bachelors, masters, and doctoral degrees in healthcare, cybersecurity, financial crime, nursing, physical therapy, business, criminal justice, and data science.  All courses are taught by credentialed, highly experienced faculty with significant and ongoing accomplishments in their respective fields.

Selected Campus Locations:
  • Online

About Georgetown University
Georgetown University is a private, not-for-profit, accredited university located in Washington, DC. Founded in 1789 by John Carroll, Georgetown is America's oldest Catholic and Jesuit University. Today, Georgetown is a major international research university. It has nine schools, an affiliated hospital and many highly-ranked graduate programs.Georgetown University Online

Selected Campus Locations:
  • Online

The University of Delaware’s tradition of proven academic excellence in online learning brings together expert faculty, experiential learning, and the flexible access online learning offers.

Selected Campus Locations:
  • Online

Welcome to Argosy University

Argosy University offers doctoral, master's, and bachelor's degree programs to students through its eight colleges:  College of Behavioral Sciences, Graduate School of Business and Management, College of Education,  College of Health Sciences, College of Arts and Sciences, College of Creative Arts and Design, College of Clinical Psychology and Western State College of Law at Argosy University as well as certificate programs in many areas.

Selected Campus Locations:
  • Online

The University of Scranton has grounded its education in Catholic and Jesuit principles based on intellectual growth and integrity, all of which shape the online master’s and certificate programs. You can choose one of five degree programs from a selective institution ranked among the top 10 master’s universities in the North by U.S. News & World Report.

Selected Campus Locations:
  • Online
You are visiting:

What are Career Stories?

Career Stories are concise, real-world career overviews written by people relating their personal career experiences and wisdom. They provide invaluable insights and mentoring advice to students and career changers.

Most stories include:

  • a typical day or project
  • tips and advice
  • best and worst parts
  • educational background
  • previous experience

Browse hundreds of Career Stories

More Details On This Career

Please also see our detailed information about Financial Managers, including:

Back to Top