Career Overlap Transition record Edition 1 · ESCO v1.2.1
Table 1Transition record

financial auditortobank account manager

A financial auditor already meets 39% of what the bank account manager role asks for. The move turns on 14 required skills not yet in the profile.

From financial auditor
39%
Overlap1
To bank account manager
15 Skills carried over
14 Required, not held
63.4 Difficulty2
Career overlap Distant match

39%

Learning distance Substantial retraining

63.4/ 100

1 Share of the bank account manager role’s weighted skill requirement already met by the financial auditor profile. Required skills count in full, supplementary skills at 0.35. Directional: the figure for the reverse move differs. 2 Combines what is missing with how specialised it is, so a gap of general skills scores easier than the same number of narrow ones.

Why

Why this move works

A bank account manager role treats 8 of its required skills as things a financial auditor already does. These are the ones it depends on most.

  • advise on financial matters
  • analyse financial performance of a company
  • banking activities
  • core banking software
  • financial analysis
  • financial management

What stands in the way is 14 required skills the profile does not yet cover. Table 3 groups them; Table 4 says which to take first.

Table 2

Table 2 · What you already bring

Of the 15 skills that carry over, these are the ones fewest other occupations ask for. A bank account manager role needs them, and most people applying for one will not have them already. This is the part of a financial auditor background worth leading with.

Skill the target role also needs Area
  • already held core banking software information and communication technologies (icts)
  • already held produce statistical financial records information skills
  • already held provide support in financial calculation information skills
  • already held financial analysis business, administration and law
  • already held maintain records of financial transactions information skills
  • already held trace financial transactions information skills

All 15 carried skills, including the 8 the bank account manager role treats as required.

Table 3

Table 3 · What you would need to learn

The 21 missing skills fall into 7 areas of the ESCO skill hierarchy, numbered below in the order worth working in: the areas carrying the most required skills come first, and inside each one the required skills sit above the supplementary ones.

Skill to acquire Tier
01 communication, collaboration and creativity 7 required, 1 supplementary
  • required, not held advise on bank account required
  • required, not held offer financial services required
  • required, not held solve bank account problems required
  • required, not held apply technical communication skills required
  • required, not held liaise with managers required
  • required, not held protect client interests required
  • required, not held provide financial product information required
  • optional, not held promote financial products optional
02 management skills 3 required, 3 supplementary
  • required, not held create banking accounts required
  • required, not held create a financial plan required
  • required, not held enforce financial policies required
  • optional, not held handle financial transactions optional
  • optional, not held plan health and safety procedures optional
  • optional, not held strive for company growth optional
03 business, administration and law 1 required, 2 supplementary
  • required, not held corporate social responsibility required
  • optional, not held customer service optional
  • optional, not held securities optional
04 arts and humanities 1 required
  • required, not held ethics required
05 assisting and caring 1 required
  • required, not held follow company standards required
06 engineering, manufacturing and construction 1 required
  • required, not held electronic communication required

1 further area in the appendix

Table 4

Table 4 · Where to start

The 3 entries a bank account manager role is least likely to hire without. The ordering is computed from the skill data, not from what pays.

Each entry opens a course search for that skill. Career Overlap earns nothing from these links.

Appendix

Appendix · The rest of the record

All 15 skills that carry over
Skill Type
  • already held advise on financial matters skill
  • already held analyse financial performance of a company skill
  • already held banking activities knowledge
  • already held core banking software knowledge
  • already held financial analysis knowledge
  • already held financial management knowledge
  • already held financial statements knowledge
  • already held provide support in financial calculation skill
  • already held communicate with banking professionals skill
  • already held economics knowledge
  • already held financial products knowledge
  • already held maintain records of financial transactions skill
  • already held obtain financial information skill
  • already held produce statistical financial records skill
  • already held trace financial transactions skill
The 1 learning area not shown above
Skill to acquire Tier
07 information skills 1 supplementary
  • optional, not held analyse market financial trends optional
7 supplementary skills, helpful but not required
Skill to acquire Tier
  • optional, not held customer service optional
  • optional, not held promote financial products optional
  • optional, not held analyse market financial trends optional
  • optional, not held handle financial transactions optional
  • optional, not held plan health and safety procedures optional
  • optional, not held securities optional
  • optional, not held strive for company growth optional
45 held skills the bank account manager role does not ask for
Skill Type
  • not needed by the target role accounting knowledge
  • not needed by the target role accounting department processes knowledge
  • not needed by the target role accounting entries knowledge
  • not needed by the target role accounting techniques knowledge
  • not needed by the target role advise on credit rating skill
  • not needed by the target role advise on tax planning skill
  • not needed by the target role analyse financial risk skill
  • not needed by the target role arrange audit skill
  • not needed by the target role check accounting records skill
  • not needed by the target role commercial law knowledge
  • not needed by the target role conduct financial audits skill
  • not needed by the target role control financial resources skill
  • not needed by the target role corporate law knowledge
  • not needed by the target role develop audit plan skill
  • not needed by the target role develop financial statistics reports skill
  • not needed by the target role disseminate information on tax legislation skill
  • not needed by the target role ensure compliance with accounting conventions skill
  • not needed by the target role ensure compliance with disclosure criteria of accounting information skill
  • not needed by the target role evaluate budgets skill
  • not needed by the target role financial department processes knowledge
  • not needed by the target role financial jurisdiction knowledge
  • not needed by the target role follow the statutory obligations skill
  • not needed by the target role fraud detection knowledge
  • not needed by the target role identify accounting errors skill
  • not needed by the target role identify if a company is a going concern skill
  • not needed by the target role insolvency law knowledge
  • not needed by the target role inspect tax returns skill
  • not needed by the target role internal auditing knowledge
  • not needed by the target role international financial reporting standards knowledge
  • not needed by the target role international tariffs knowledge
  • not needed by the target role interpret financial statements skill
  • not needed by the target role joint ventures knowledge
  • not needed by the target role liaise with shareholders skill
  • not needed by the target role maintain financial records skill
  • not needed by the target role maintain trusts skill
  • not needed by the target role make strategic business decisions skill
  • not needed by the target role mergers and acquisitions knowledge
  • not needed by the target role monitor banking activities skill
  • not needed by the target role national generally accepted accounting principles knowledge
  • not needed by the target role observe confidentiality skill

5 further entries not listed here

5 gaps that are knowledge rather than practice

Knowledge gaps usually close through study. Practical skill gaps usually need something you can point at.

Skill to acquire Tier
  • required, not held corporate social responsibility required
  • required, not held electronic communication required
  • required, not held ethics required
  • optional, not held customer service optional
  • optional, not held securities optional
Index

Other moves recorded from financial auditor

Full index of moves from financial auditor

Note

How this record was compiled

Both occupations are taken from ESCO, which lists the skills and knowledge each occupation is expected to have and marks every one required or optional. Nothing here is a prediction about hiring, and nothing here knows that a particular employer wants a particular certificate. Treat Table 3 as a starting point for your own research rather than a syllabus. The full method states what these figures can and cannot tell you.