Regardless of the size of an organization, building a career development path for a finance team is important. By having a career development path, employees feel more engaged and believe that their employer is concerned about their growth. There are many ways to help employees reach their career goals while fulfilling a company’s mission. For Austin Industries, the CCIFP certification is an important part of each of each finance employees’ career path. Here are some of the ways this has been accomplished:
Start right out of the gate
Career development starts when people are hired. New construction finance hires should set a goal to pass the CCIFP during their first few years in the company.
Use the Right Resources
Financial Management & Accounting for the Construction Industry also known as “The Book” is the definitive reference to use. This book, published by CFMA, is updated annually and provides in-depth coverage of the body of knowledge tested on the CCIFP exam. Each chapter can be used for specific lessons and flashcards to help employees study the material presented. “The Book” is a resource that can be used no matter where someone is on their career path and is a business tool that should be on every bookshelf of anyone working in construction finance. Another helpful resource is the CCIFP Overview Seminar offered by CFMA. This four-day, intensive session provides an overview of the body of knowledge that every CCIFP should know.