ACCA - The global body for professional accountants

Finance transformation

Collaborative working: why relationships matter in finance

Author details

Jamie Lyon

Name: Jamie Lyon

Role: Head of Corporate Sector

Organisation: ACCA

This paper looks at collaborative working and why relationships matter in finance.

It examines how leading finance functions work collaboratively, building internal and external relationships. It also considers why collaborative working is important for finance professionals especially those aspiring to leadership roles and gives advice on how good collaborative relationships can be developed.

Relationships matter. The ability to collaborate and build effective working partnerships is vital to the success of the finance function. The reputation of a finance function and the business as a whole is dependent on how it develops and maintains working relationships with a range of internal and external stakeholders.

Building collaborative relationships is also important in charting an effective career and can determine how successful an individual is in a leadership position. Good relationships and networks give finance professionals a peer group to share and discuss good practice ideas, and open up different career avenues and paths.

Published: 1 Jan 2010