Interview with Wassia Kamon: VP of Finance and Corporate Controller
The finance industry is witnessing a pivotal transformation, fueled by technological advancements and a shift in the skills required for leadership. In a captivating podcast episode, Vice President Wassia Kamon from the Low Income Investment Fund takes us through her remarkable journey, highlighting the integral role of soft skills, the essence of financial planning and analysis (FP&A), and the profound implications of Artificial Intelligence (AI) in finance.
Wassia's path from West Africa to a financial leadership position is not just a personal triumph but also serves as a beacon for aspiring professionals. Her emphasis on the importance of a professional narrative and soft skills such as communication, negotiation, and strategic thinking illustrates that there's more to career progression than just academic credentials. Her insights are invaluable for middle managers aiming for senior roles, offering strategic guidance on navigating the complex corporate landscape.
As we transition into the world of FP&A, we are confronted with the necessity to manage uncertainties and align with the broader corporate vision. This domain requires a unique blend of analytical prowess and interpersonal communication, bridging the gap between finance experts and other departments. Preparing for high-stakes meetings and being able to articulate complex financial matters to non-experts is a delicate art that Wassia skillfully demystifies.
Leadership development is crucial, yet often overlooked until later stages in one's career. Wassia advocates for early leadership training, suggesting that professionals establish a personal board of directors for support, engage in continuous learning, and recognize the importance of diversity in team dynamics. She underscores that leadership is about enabling others to perform excellently, rather than just individual achievement.
The discussion on AI in finance is particularly thought-provoking. Ethical considerations surrounding data security and the potential for AI to replicate existing biases are top concerns. Collaboration between IT and finance professionals is essential to navigate these challenges. Ethical AI, when deployed responsibly, has the potential to solve problems efficiently and improve strategic decision-making processes.
Moreover, Wassia's involvement with the nonprofit H.O.P.E (find the website here) showcases the intersection of finance, technology, and social empowerment. The organization's mission to assist single parents through education exemplifies the broader impact that ethical leadership and innovative technologies can have on society.
In conclusion, the future of finance is one that embraces change, values soft skills, and acknowledges the ethical dimensions of emerging technologies. Leaders like Wassia Kamon are at the forefront, guiding us towards a more inclusive, efficient, and responsible financial world. As AI continues to shape our industry, it is the human element—the ethical and strategic leadership—that will ensure its positive influence on both the market and the community.
