Life Experience, Overcome.: Cruising On Raging Waters: Life Experiences of Finance Officers in Their Workplace
Life Experience, Overcome.: Cruising On Raging Waters: Life Experiences of Finance Officers in Their Workplace
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Keywords: Chief Financial Officer, Finance officer, Aspiring, Cruising, Struggles, Workplace,
Introduction
The workplace is typically an environment in which people with different personalities,
communication styles and worldviews interact according to Workplace Issues (2017). Work
experience can be very beneficial in helping every employees to gain the skills and experience
Probably, becoming a professional in life means they will pay attention to the details
because it is the small things that produce big results. Being a professional one should know that,
how they do something is the same as how they do everything and nothing escapes this reality.
However, the research study focuses on the life experiences of finance officers in their
workplace which financial officers are charged with receiving and disbursing funds and they
have a general responsibility to ensure that government resources are properly managed. There
are many careers of finance officers which includes the bank tellers, insurance broker, financial
advisor, stock broker, fund manager, academe, corporate consultant, country manager, corporate
finance and chief finance officer. The study aims to discover the struggles that these finance
people who seem to get all the winning cards while some get a terrible hand. Likewise, it is easy
to start feeling bitter towards the people who get it all. The truth is that everyone has conflict
In addition, a quote says that “As long as you are enjoying what you are doing, you will
never get tired.” So these Finance officers have to take the time to learn new things and seek
out new challenges because new challenges are where the growth comes from.
Therefore, the researchers wants to discover the life experiences of finance officers in
their workplace, the struggles they are experiencing and how are they able to manage those
problems in order to inspire, motivate and help the aspiring finance officers as well as the other
people.
The study aims to explore the life struggles of Finance officers in their workplace in
Santiago City as well as discovering how they would overcome their own encounters to those
The outcomes of this study are the life experiences of finance officers in their workplace
which will be relevant and will benefit the finance officer themselves, ABM students and to the
aspiring finance officers. In this situation, finance officers receive benefits that can help them in
improving their working habits, in overcoming their struggles in their workplace and they will be
the object of learning and direct benefactors of the advantages of the study.
The study will help the students particularly in the ABM strand that are aspiring to be
finance officers in a way that it will inspire and it will have a beneficial effect in their decision-
Moreover, the findings of this study will help the finance officers in having benefits
because they will learn some tips and pieces of advice to improve their professional career and to
And lastly, to the future researchers, this study will help them to gain a new body of
knowledge and serve as their foundation and basis whether they would also conduct the same
The scope of the study covers the life experiences of the finance officers specifically in
their own workplace in which the researchers would like to discover the struggles that finance
The study also is limited in discovering the problems they encounter, what inspires them
and how they would overcome problems found in their workplace. The study is focused and only
limited only on the three finance officers in the locale of Santiago City. It does not include their
diverse and specialized accounting work that is complex and involves significant accountability
and decision-making responsibility. They are also responsible for financial planning and record-
keeping, as well as financial reporting to higher management. Sade (2013) asserts that an
everyday work of a finance officers are they have to tackle a number of tasks in an average day,
often including many aims and objectives. They have to offer and also interpret any financial
information that is important, as well as monitor and then manage cash flows while also
predicting any and all future trends. They are also coming up with both long-term and more
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tactical business plans. Even more ordinary things have to be taken care of each day, such as
Moreover, according to Mishra (2017), the life of a bank employee is much regulated as
day’s business is completed and updated every day. As a person dealing with other people’s
money they have to maintain secrecy and personal integrity throughout their life. In the same
way, a Public Sector Bank employee’s life is secured. Banks take care of its employees really
well. If an officer gets frequent promotions, probably they expect an upper middle class lifestyle
(Krishnamurthy, 2016). However, their journey is not easy due to the fact that they are dealing
with different clients whether it is foreign and local just for their accounting reports. According
to Mr. Rao “Employment in Bank is and will be never a bed of roses. You have to struggle to
come up in the ladder. If you are an employee (clerical cadre) you enjoy to a certain extent. You
can see your watch and work. If you are a PO or even other grade officers (from Scale I
onwards), you are not permitted to see your watch, but watch completion of your work. ”
Everyone worked very hard for long hours every day, suffered sleepless nights’ and
ignored the desire to hang out and have fun outside after office hours. Working in an
environment where people are committed to work and deliver to clients on time as much as
possible. This attitude should be carried on while progressing in the profession. They realized a
more meaningful definition of which accountants are: they are selfless, patient, dedicated,
passionate, sincere, caring and creative individuals. In every client engagements aside from
pouring out time and effort in working for the messy accounting records of clients, they put
hearts into it. Furthermore, Silverio (2017) believes that they are doing it not only because of fear
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of failing to meet the deadline or disappoint the client, but also because they are persons who
deliver output with excellence, who do work with love and eagerness to be of help to clients
through their profession. It is inconvenient for them and they take the extra mile so that things
could be easier for them. They may get tired physically but their hearts are ever refreshed with
Nevertheless, Dr. Apruebo (2016) argues that every job have some difficulties, the job
difficulty alone do not cause stress. It is the lack of control over job situation that lead to
uncertainty, frustration and poor motivation of a worker. Stressed is considered normal or even
healthy, on the other hand, when the worker is unable to cope with stress then they may be on the
road to burnout. It is consequence of losing a sense of basic purpose and fulfillment of work.
stress among employees, not good performance, high turnover rate, and absenteeism and at its
worst, violence and death. Conflict in the workplace is the result of a variety of factors. Perhaps
the most significant cause is when someone feels taken advantage of. This might happen when a
perfectionist boss demands the same dedication and commitment from employees as they
exhibits, but does not compensate them for the late or weekend hours.
In order to overcome the problems in everyday work of finance officers, they need
outstanding finance skills. They must have the ability to make smart and strategic decisions on
behalf of the organization, and they should be able to look at the company and understand what it
Basically, the first thing a finance officer do is check the emails as it is important that
questions of clients are answered quickly. Clients also expect a productive service in this on
demand economy, so leaving unanswered emails for 3 or 4. Before a finance officer leave the
offices they ensure that they have finished all the work that were meant to be completed during
the day and they complete a final check of emails and other notifications relating to the questions
of clients. According to giveagradago.com (2017) in the financial industry, there are lots of
deadlines to work to, often multiple deadlines for the same client. In a finance graduate job,
prioritizing work is very important. At times they act between prioritizing work by the deadline
and by the order the work was received from the client. The best thing about environment of
finance officer is the logical approach to the work. Example is taking something that is
disorderly in some way and straightening it out. It is also really rewarding to be able to advise
small business owners to help them succeed. They try to decide whether they want to be a
finance officer. If they know what side they would like to pursue then it makes it much easier
when deciding what to study, what types of firms to apply to for training and what information to
consume.
Based from Anonymous (2018) observes that depending on the work environment place,
the typical day for a Certified Public Accountant can be routine, determined by the monthly
accounting cycle, or can be engage in audit activities day after day. For the most part, a job of a
Certified Public Accountant depends upon the particular office and position. Government
Certified Public Accountants perform many of the same financial reporting and management
accounting activities, but can also conduct compliance audits and investigative audits. Not-for-
profit organizations needs a Certified Public Accountant to set-up an internal control system
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solve tax problem, prepare financial reports and budget resources. A Certified Public Accountant
at a business or industrial position will ensure accuracy and timeliness in following the sequence
Heidrick & Struggles (2018) reported that Financial Officers helps clients to an
increasingly complex and competitive talent to build great finance teams and positions them for
success within the organization and the marketplace. Alex (2018) said that “My firm specializes
in financial consultancy services for corporate clients. I’m part of Compliance within our large
Tax department and I’m responsible for ensuring that my clients meet their necessary taxation
obligations. I look over clients’ tax computations and tabulate them to make sure they aren’t over
or underpaying – in addition to paying on-time – before filling it with the necessary regulatory
bodies, like HMRC. Clients will often come to me to outline their expected spending in the
upcoming months – I’ll map out the most efficient tax strategy for them and manage the entire
process. Funnily enough, what I enjoy most is the moving around part. Nothing ever gets boring,
I get to meet so many new people, and I learn and work doing new things and develop new skills
regularly.”
Walters (2016) suggests that “If you have a finance background and are already working
in accountancy and finance, your ultimate goal may well be to become a Chief Financial Officer
Chief Financial Officer oversee all the financial operations of an organization, including
accounting and financial reporting. They manage all aspects of financial matters and decision
making. The Chief Financial Officer directs a company’s financial goals, objective and budgets.
If you work as a Chief Financial Officer, you oversee the investment of funds held by the
company and assess and manage associated risks. You also supervise cash management
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activities, execute capital-raising strategies to support a firm’s expansion, and deal with mergers
and acquisitions. Most Chief Financial Officers are also responsible for managing the corporate
investments and will sit of the board. And if you work as a Chief Financial Officer in a smaller
company, you may be expected to carry out a range of accounting tasks, while executives at
larger corporations typically review reports and date from various divisions within their
companies. Therefore, if you are going to become a successful Chief Financial Officer, you need
outstanding finance skills, but you need a lot more than that as well. You must have the ability to
make smart and strategic decisions on behalf of the organization, and you should be able to look
holistically at the company and understand what it needs. Importantly, you should also be able to
translate financial data into useful information for those across all levels of an organization.
Leadership, interpersonal and communication skills are also important in such a high level
position.”
According to the UHY Early Careers (2018) concedes that, “No two days are the same.
One day you will find yourself in the back of a storeroom counting some computer component
on a stock take in your jeans and then the next you will be in a smart office block in the city.
UHY’s clients are from a range of industries and sizes so there are lots of opportunities to learn
Sometimes financial officers have many tasks to face inside the company in which they
have the tendency to focus on the given tasks. It hinders them from seeing the whole company
from afar to be a strategist. Finance officers’ risk are expected, on the other hand they should
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also be given room to make mistakes and just like an entrepreneur, they learn from their failure,
Miranda (2016).
Indeed, as Salvador et.al (2011) states that, “Motivation is the process of arousing and
sustaining goal-directed behavior. This requires understanding the individual, the job and the
work environment, and how each of these elements interacts.” In the course of a work day, there
will be issues that arise. In some cases, issues can be avoided with efficiently through
comprehensive planning and understanding. Other situations require workplace problem solving
skills from management and staff in order to prevent difficulties. Being able to recognize
workplace problem solving will help you to better prepare to deal with work-related issues. In
short, knowing how to deal with struggles will not only do wonders for stress levels, but also for
career.
Methodology
This section discussed the instruments, circumstances and procedures used to achieve and
gather the results of the study. Moreover, it consists of a detailed description of the respondents,
research design, instruments, procedure, data analysis, and instances that ethical consideration
Research design
This research study used a qualitative approach which focuses on giving information that
are designed narratively. The research approach were both narrative and descriptive. It is
descriptive in a way that this research describes the life of a finance officer and it is narrative
because the research also tells story about the life experience of finance officers. The study used
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typical sampling that only considers the accessible respondents and typical representatives for
the research.
Respondents
The respondents of the study consists of three finance officers in different fields in
Santiago City. The researchers chose finance officers because they are the most suitable and
accessible person that will benefit the aspiring finance officers and of course themselves. The
finance officers that researchers chose are ages ranging from 20 to 30 years old. Furthermore,
Instruments
The researchers used questionnaire form, interview and observation guide as instruments
in this study. The researchers prepared specific set of questions and asked the respondents
directly in order to ensure credibility of results. This is also to make sure that the observations
done by the researchers are legitimate or true. They also used a letter addressed to the Principal
of the school for the approval for the interviews that they conducted.
In this the study, the researchers picked first the 3 respondents for the research. Then, the
researchers prepared the research instruments, the questionnaire, and interview and observation
guide. Whereas the conducted personal interview, researchers collected data from the
respondents. Furthermore, the researchers set an appropriate date and time for the interview in
order to avoid interrupting the schedules of the respondents. Moreover, the researchers
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conducted an interview while doing field notes. Lastly, they finalized the gathered data truthfully
The researchers analyzed all the interviews by projecting all the data through the notes
listed and the observation guides. The members of the group bracket together and analyzed the
responses of the respondents in each question. Then, the data gathered were put together to have
Ethical considerations
Since the study involved the life experiences or the personal background of the
respondents, the researchers made sure that they did not inflict any harm to the respondents and
made sure to uphold the confidentiality of the responses made by the respondents. The
researchers maintained honesty and integrity in presenting and using the gathered data. They also
protected the dignity of the subjects and the publications of the information in the research.
Researchers also considered the state values and biases in writing reports to establish a trusting
relationship with the respondents. This research study took steps to ensure that accurate accounts
of participant perception are written. They also integrated intellectual honesty with the data given
Findings
Based on findings in question number one which is “How is your life as a finance
officer?” The respondents answered that their life as a finance officer is very challenging because
they have a busy life. They have many works or tasks to do specially those who are in the
province because they are holding 4-5 accounts that they need to organize the documents, file
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and do bookkeeping every day. And also includes the pressure coming from their supervisor.
On the second question, “What day- to- day problems do you encounter in your
workplace?” Their answers are seniority complex is an issue, meeting the deadlines, bulk of
transactions, negative attitude of the clients and unfamiliar lessons are just some of the day-to-
day problems that a finance officer encounters. And they have overcome it by standing and
speaking for their right, by planning of their daily tasks, by setting their priorities, by reading and
having consultation. Another is by believing to their capabilities and by always remembering that
God will not give problems that a person cannot overcome are the answers on the question,
In addition, the researchers were able to ask the respondents “Why did you choose to
continue being a finance officer?” They gathered the answers that they continue being a finance
officer for their self-fulfillment in the sense that they help other people with the best of their
abilities and they also chose to continue being a finance officer to support their family needs.
However, some did not continue being a finance officer because they cannot absorb anymore the
unethical practices within the business but in some cases it is usual to some businesses but for
And lastly, “What pieces of advice can you give to those who are aspiring to be a finance
officer?” They answered that finance officers should apply all the business ethics and know how
to conduct their selves in their workplace. One should always have time management and set
their priorities properly. Finance officer should not let their selves to be a prisoner of their own
and they should spread their wings to a higher horizons and do whatever makes them happy
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Always live with integrity and work with passion. Choose to be happy and everything will
follow. And lastly, “They should love what they are doing because as long as they are enjoying
what they are doing they will never get tired.” These are just some of the advice from the finance
Discussion of Results
In general, the study aims to determine the life experiences of Finance Officers in their
workplace particularly Bank Teller, Finance Teacher, and Assurance and Tax Associate in
Santiago City. It also aims to know the everyday struggles of these finance officers, their
reasons, and how are they able to manage and give solutions to those problems in order to
motivate and inspire the aspiring finance officers and also other people.
From the research conducted, students eyeing to become finance officer have lots of
questions about how life would be if they become a finance officer in the near future and the
main point of the study is that researchers wants to discover the life of experiences of finance
officers in different fields of workplace. Upon the interview, they came up with the answers that
the life of a finance officer is very challenging in dealing with all the walks of life and they have
a busy life to the point that they do not have a social life anymore because they have many works
or tasks to do specially those who are in the province because they are holding many accounts
that they need to organize and accomplish every day with the pressure coming from their
supervisors.
Furthermore, based from the findings the problems or struggles that finance officers
usually encounters are the issue of seniority complex, meeting the deadlines due to the fact that if
they did not comply with the deadlines then there will be penalties, bulk of transactions, some
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negative attitudes of the clients and for the academe the unfamiliar lessons to be discussed to the
students. And they have overcome it by standing and speaking for their right, by planning of
their daily tasks, by setting their priorities, by reading and having consultation. Another is by
believing to their capabilities, holding to their company’s vision and mission and by always
remembering that God will not give problems that a person cannot overcome and keeping in
This study based from interviews, the advices that finance officers can give to those
aspiring finance officers are they should always have time management and set their priorities
properly. They should always live with integrity and work with passion and choose to be happy
and everything will follow. They also said that Finance officers should apply all the business
ethics and know how to conduct their selves in their workplace and should not let themselves to
be a prisoner of their own and they should spread their wings to a higher horizons. And most
Conclusion
In the study, the researchers concluded that the information they gathered are beneficial
to the aspiring finance officers, finance officers, Accountancy, Business and Management
students and future researchers. It aims on knowing the different life experiences in being
finance officer. There are many lessons gathered from the study which in the workplace, it is
important to have time management because being a finance officer is having a busy life and it
requires time in doing the work. In making decision, always choose what they really want
because they will never get tired if they love what they are doing. Always be professional within
the workplace. Inside the workplace they cannot avoid negative situation and they should know
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how to overcome it. Maximize strengths and opportunities as well as minimize weaknesses and
threats. It will help and guide them to in choosing their career and enhance their performance
inside the workplace. They should know how to deal with different problems and struggles that
may occur in working. The researchers were able to find information which helps the
beneficiaries to know the stories behind finance officer life. The findings cannot be generalized
to all people who are finance officer. The researchers humbly recommend that the aspiring
finance officers should be patient enough to the negative behavior of their clients and always be
the persons of integrity, apply what they have learned in the study and use the study as a basis on
making their decisions. For the future researchers they should have more respondents to have
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Appendices
In order for the study to be finished, supplementary materials such as letters and
questionnaires are needed by the researchers. In the research study, the researchers used a letter
to be addressed to the School Principal in order to allow them to conduct their research and
conduct interviews. The researchers then used Interview Questionnaires to serve as a guide in
conducting the interview to the respondents and for them to use in questioning the respondents in
order to acquire the data needed by the researchers for the study. The researchers also used an
Observation Guide for obtaining field notes during the interview sessions.
2. What day-to- It is the issue on security Some topic are not Bulk of transactions as
day problems complex in which the superior taught in college in the government bank.
do you are assigning work even it is which she needs to There are many clients
encounter in not the scope of your work study it very well to who will you’re your
your but you are just doing it transmit it to students. patience and
workplace? because it is commanded by composure.
the superior. Beating the
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4. Why did you The reason why he did not She continued being a Self-fulfillment is one
choose to continue it because he can’t finance officer because of the reasons why I am
continue being absorb anymore the wrong of practicality, her still in the bank.
a finance practices within the business. family situation pushed Fulfilling in the sense
officer? He said that it is usual in her, and she grabs the that you serve the
some business but for him not opportunity for her people with the best of
all the practice you are used to family needs. She your abilities and
is right. really wants to be a helping them grow
banker in a financial financially. Moreover,
institution. as the bank tagline says
“We help grow.” I
believe it applies to me
so it keeps me going.
5. What pieces You should apply the Always live with Do whatever makes
of advice can business ethics and how to integrity ad work with you happy. Don’t let
you give to conduct yourself into the passion, you should yourself be a prison of
those who are workplace. Always have time love what you are your own. Spread your
aspiring to be a management and set priorities doing because as long wings into higher
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