Career Insights with Ambition Episode 2 Clive Kingsley "A little bit of planning goes a long way"
Episode Summary:
In this episode of Career Insights with Ambition, host Chris Crolla interviews Clive Kingsley, the Head of Finance at Envest Networks. Clive shares his journey from South Africa to Australia, discussing his experiences in various industries, particularly in finance and M&A. He emphasises the importance of mentorship, the transition from professional services to commerce, and the skills necessary for success in the finance sector. Clive also provides valuable advice for the next generation of finance professionals, highlighting the need for initiative and a clear career plan.
Clive Kingsley has 18 years of experience in finance across various industries.
He emphasises the importance of networking and mentorship in career development.
Transitioning from professional services to commerce requires careful planning.
Having a mentor can provide valuable insights and guidance in career decisions.
Timing is important when considering a job change.
Accounting is a logical field that can lead to various career opportunities.
Understanding compliance, BAU, and M&A is essential for finance professionals.
Initiative and enthusiasm can set candidates apart in competitive job markets.
It's important to have a clear vision of your career goals.
Chapters:
00:00 Introduction to Clive Kingsley
02:55 Career Journey and Achievements
06:12 M&A Experience and Skills
08:55 Transitioning from Professional Services to Commerce
11:53 The Importance of Mentorship
14:54 Choosing the Right Time to Move
17:55 The Path to Accounting and Business Passion
20:53 Moments of Truth in Career Development
24:10 Advice for the Next Generation
Watch the full video of the podcast here:
Clive’s Moment of Truth:
Clive's moment of truth came when he realised that his career path was not about becoming a master dealmaker in M&A, but rather finding his place in commerce where he could leverage his skills effectively. He emphasises the importance of having a mentor, planning one's career moves strategically, and understanding one's professional goals.
Want to follow in Clive’s footsteps? Are you asking yourself how do I become Head of Finance?
Clive’s Words of Wisdom:
For up-and-coming leaders, Clive advises focusing on building a strong technical foundation, whether through a CA or CPA qualification. He highlights the value of gaining diverse industry experience and building a network through meaningful professional relationships rather than superficial networking events. Clive also stresses the importance of taking initiative, being proactive in career planning, and seeking mentorship from respected professionals. He believes that leaders should empower their teams and foster a culture of continuous improvement and personal growth.
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An overview of life as Head of Finance:
What are a Head of Finance’s responsibilities?
The Head of Finance role in Australia encompasses a wide range of responsibilities, typically including:
Financial Reporting and Compliance: Ensuring accurate financial reporting, preparing financial statements, managing audits, and adhering to tax laws and financial regulations.
Strategic Financial Planning and Analysis: Developing long-term financial strategies, detailed forecasting, budgeting, and financial modelling to guide high-level decision-making.
Cash Flow Management: Overseeing accounts receivable, accounts payable, and cash reserves to maintain operational liquidity.
Cost Management and Efficiency Improvements: Identifying opportunities to reduce costs and improve operational efficiencies.
Risk Management: Assessing and managing financial risks, developing risk management strategies, and ensuring adequate controls are in place.
Leadership and Team Management: Leading a team of finance professionals, mentoring staff, and ensuring the finance team supports the organisation’s strategic objectives.
Stakeholder Management: Communicating financial performance and strategy to stakeholders, including the board of directors, investors, and employees.
Managing Financial Systems: Overseeing the company's financial systems, including Accounts Payable, Accounts Receivable, Tax, Treasury, Payroll, and Financial and Management Accounting functions.
This role is crucial for the financial health and growth of an organisation, often reporting directly to the CEO or COO. If you’re aspiring to move to a Head of Finance position, contact one of our expert recruiters to find out more.
This article was written by Career Insights with Ambition's host Chris Crolla, Director of Ambition, Sydney. Chris started his recruitment career as a resourcer in internal audit back in 2011, and has worked his way up. Chris now leads the Sydney teams including accounting support, qualified finance, and technology & transformation. Chris provides unequivocal support, guidance, coaching, and direction. A keen sports fan, and proud husband and father, he’s passionate about building better futures for the leaders of tomorrow.
