Our Guest Mentor:
Anuj Vij is a finance advisor at Chevron with rich and diverse experience in international markets and industries spanning 3 continents over nearly 3 decades. Anuj has a track record of extensive senior management decision support roles and leadership experience in fast paced international environments.
Anuj is currently based out of Calgary, Canada and holds an MBA from Queens University, Ontario, a BComm as well as being a Chartered Accountant of India.
Key Quotes From the Episode:
“[On how Finance can get more involved] I think Finance leaders and Finance professionals really need to understand the business drivers because they have the added advantage . . . most people when they are talking about a business they’re just worried about one driver or the other, whether it is increasing market share or increasing product, if you have a finance professional who sits at the table [he] can take in many more parameters at the same time he can calculate and bring into the aspect well fine we’re growing market share but if our overall profitability declines then it’s not really worth it or if we’re really going to do that, if it’s a strategic move, what timeline are we placing on it .” [02:16]
“[On the important of establishing common ground] You have to earn their [business partners] trust, you have to be able to communicate at the same level and you must understand what the business driver is for whatever group you are servicing.” [05:20]
“[On why Finance is still a service] At the end of the day Finance is still a service that we are providing to the overall organisation but if you don’t understand what the overall drivers are for that organisation you cannot be good at providing that service.” [05:56]
“[On what’s exciting him about his work at the moment] The ability to aggregate and present data more fluently, quickly, and seamlessly is an opportunity that is really exciting.” [10:04]
“[On the unprecedented opportunity for Finance with big data] The capability that the advent of these technologies has put in the hands of a finance person is unprecedented. With very little IT involvement I can actually do far more today than I could even conceive even a year ago before we moved onto these platforms.” [10:47]
(Other resources and how to connect with Anuj below).
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Key Points From the Episode:
- The key to how Finance can become more involved where it is not yet
- Why the quote “we should be afraid of an accountant who can sell” is important.
- Shares an unprecedented opportunity for Finance on how to rethink what we’re doing.
Time Stamped Show Notes:
[02:13] – To key to how Finance can become more involved where it is not yet.
[03:12] – Why the quote “we should be afraid of an accountant who can sell” is important.
[04:05] – Shares examples of how he developed common ground with his business partners and why this is important.
[07:03] – What’s exciting him most about accounting and finance at the moment.
[08:20] – Shares an unprecedented opportunity for Finance on how to rethink what we’re doing.
[14:23] – The best bits of advice Anuj ever received.
[17:16] – Some trends to be mindful of when it comes to the impending future of Finance.
- What They Don’t Teach You At Harvard Business School (2016), by Mark H McCormack
Connect with today’s guest:
- LinkedIn Profile: https://www.linkedin.com/in/anujvij/