Facebook Twitter Instagram
    Twitter LinkedIn Facebook
    Career Experts
    • Home
    • Job Searching
      1. Job Searching Tips
      2. Job Application Tips
      3. Best Interview Tips
      Featured
      13th July 20220

      How To Land Your Dream Teaching Job

      Recent
      13th July 2022

      How To Land Your Dream Teaching Job

      12th July 2022

      Best Jobs for Part-Timers to Earn More in Singapore

      20th June 2022

      How to Beat the Nerves for Your Next Big Interview

    • Career Progression
      1. Work Skills
      2. Work Motivation
      3. Changing Jobs
      4. Salary Information
      5. Balancing Work and Life
      Featured
      29th July 20220

      Making Yourself Invaluable To Your Employer: A Guide For In-Office Staff

      Recent
      4th August 2022

      A Guide to U.S. Business and Work Visas

      29th July 2022

      Making Yourself Invaluable To Your Employer: A Guide For In-Office Staff

      25th July 2022

      7 Key Things To Consider When Relocating For Work

    • Management and Leadership
      1. Best Leadership Skills
      2. Managing People at Work
      3. Industry Trends
      Featured
      26th July 20220

      How To Create a Successful Startup: 4 Steps for Beginners

      Recent
      4th August 2022

      Dying to Work – Keeping Employees Safe in the Workplace

      4th August 2022

      Things to Consider Before Buying Leads for Your Home Improvement Business

      26th July 2022

      How To Create a Successful Startup: 4 Steps for Beginners

    • Graduate Careers
      1. Choosing Your Career
      2. Find a Job
      3. Graduate Salaries
      Featured
      9th August 20220

      6 Remote Jobs for Smart People

      Recent
      9th August 2022

      6 Remote Jobs for Smart People

      3rd August 2022

      How Content Creators Can Turn Their Creativity Into a Career

      2nd August 2022

      5 Different Careers Under The Digital Marketing Field

    • Post CV
    Career Experts
    You are at:Home»Career Progression»Balancing Work and Life»Travelling Abroad for A Finance Role: What You Need To Know
    Travelling Abroad for A Finance Role

    Travelling Abroad for A Finance Role: What You Need To Know

    0
    By CareerExperts on 26th November 2021 Balancing Work and Life, Career Progression

    Many businesses in the financial sector today are constantly looking for ways to improve their earnings or ‘bottom line’. Moving jobs and staff overseas is a strategy that some companies use to improve cost-efficiency and cut their spending costs. Having staff on the ground working overseas and opening branches and offices in different locations across the globe provides businesses today with direct access to emerging markets.

    Growing your customer base in emerging markets is vital for companies in finance with ambitions to expand internationally and have a significant global presence. As a result, you may be asked whether you would like to take the opportunity to travel abroad for a finance role. Carry on reading to learn more about what you need to know when travelling abroad for a finance role.

    Research the Country’s Finance Sector

    Before travelling overseas to do a finance role, why not prepare yourself for the experience by researching how the finance sector functions in the country you will be working in? Do some research online to find out information about your main competitors in the country where you’ll be working. Do finance firms in the country you will be working in have very different business practices and ways of conducting business to what you’re accustomed to?

    You May Need to Research a New Employer

    If you are taking a finance role with a new employer instead of being posted overseas by your current employer, do extensive research into the company, their core values, the salary package, and what you can expect when working with them overseas.

    The Business Culture May Be Completely Different

    You may be used to a typical 9-5 office job in a luxury state of the art spacious office where all the rooms are well ventilated. However, you should be prepared that you may need to adapt to a business culture that is entirely different when working in another nation. For example, in Japan, there is a traditional working culture of long working days and employees doing large amounts of overtime.

    You May Encounter Language Barriers

    You may be diving into the deep end and moving to a country for a finance role where you don’t know the language and therefore find yourself unable to communicate well with colleagues, clients, and investors at work; this is a common dilemma for those working abroad. To help you communicate effectively in your finance role abroad, you should find financial translation services to help execute your plans and to settle into your new role seamlessly.

    An Opportunity to Advance Your Career

    You should consider the job offer for a finance role abroad as a career move and an ideal opportunity to advance your career. Is the job role abroad a promotion? Will you have the same job role and responsibilities as you had before moving abroad? You want to ensure that the trajectory for your career progression is upwards when moving abroad for a position. If, after taking time to reflect and doing lots of research into the job offer, you believe it would be a backwards step for your career, you may want to seriously consider whether you really want to accept the job offer and move abroad. Go forwards and advance in your career through a finance role abroad, not backwards.

    Remember, the Overseas’ Role May Not Be Forever

    It is essential to weigh up your life goals and the experiences you want to have when pondering whether to take up a finance role abroad. Suppose the job offer is in Mexico, for example, and you are fascinated with everything related to Mexican culture and enjoy learning Spanish. In that case, you may relish the opportunity to work in Mexico for reasons outside of work, such as having contact with a new culture, new foods, meeting new people and so on.

    Don’t be scared to exit your comfort zone. Your contract for your finance role abroad may be time-limited, for example, a 12-month long contract. The job may not require you to be overseas for an extended period of time, and you can always visit home on weekends or during the holidays.

    Consider Your Commitments ‘Back Home’

    You may be settled with a young family and therefore understandably hesitant about moving abroad for a finance role. You may not want to have to deal with all the stress of finding your kids a new school and childcare abroad. However, where there is a will, there is a way, and employees working in the financial sector with young families can successfully move abroad for a job role.

    Learn as Much as Possible

    If you accept the job offer, definitely try and get as much out of the experience as you can. Make sure your brain works like a sponge out there, and you learn a lot about the country’s culture, professional life, the way business is conducted, its history, and forge valuable friendships.

    Make sure you use the skills and things you learn during your enriching experience of working abroad as a learning curve and a springboard for your career.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    A Guide to U.S. Business and Work Visas

    Making Yourself Invaluable To Your Employer: A Guide For In-Office Staff

    7 Key Things To Consider When Relocating For Work

    Leave A Reply Cancel Reply

    Recent Posts
    • 6 Remote Jobs for Smart People
    • A Guide to U.S. Business and Work Visas
    • Dying to Work – Keeping Employees Safe in the Workplace
    • Things to Consider Before Buying Leads for Your Home Improvement Business
    • How Content Creators Can Turn Their Creativity Into a Career
    • Popular
    • Recent
    24th February 2016

    The Best UK Job Sites 2016

    5th December 2015

    How to Survive Your Office Christmas Party

    27th September 2016

    The Top 10 Job Sites in the UK Revealed

    9th August 2022

    6 Remote Jobs for Smart People

    4th August 2022

    A Guide to U.S. Business and Work Visas

    4th August 2022

    Dying to Work – Keeping Employees Safe in the Workplace

    About

    CareerExperts exists to propel and support professionals on their path for career success.

    We use our wealth of expertise and experience to help other success-seekers achieve their career goals.

    Newsletter

    Popular Posts
    24th February 2016

    The Best UK Job Sites 2016

    5th December 2015

    How to Survive Your Office Christmas Party

    27th September 2016

    The Top 10 Job Sites in the UK Revealed

    Copyright © 2017 CareerExperts
    • About
    • Contact
    • Subscribe
    • Privacy Policy

    Type above and press Enter to search. Press Esc to cancel.