Millions of Opportunities, One Global Qualification: Bio-technology

accawebmaster —  April 1, 2016 — Leave a comment

Over the past two weeks, we saw how the ACCA Qualification helped some of our members to climb the corporate ladders in the banking and finance, and technology industries.

Apart from bringing them places, the ACCA Qualification has also enabled some of them to embark on new challenges in their careers.

Simon Hove

Embracing challenges is something that Simon Hove FCCA, CFO (Vaccines), Asia Pacific & Japan at Sanofi Pasteur is particularly passionate about, having moved from fast moving consumer goods to the biotech industry.

He majored in applied economics and finance and graduated with an MSc from the Copenhagen Business School as he had planned to pursue a career in the financial sector.

He began his career at Danish brewery Carlsberg with stints in Asian markets (having recognised the potential Asia offered) that included Malaysia, Singapore, Hong Kong and China, where he rose to the post of Business Controller for Asia at Carlsberg Breweries.

It was then that he realised he needed to increase his accounting knowledge as he required more than what his finance training provided.

Because he started out thinking that he was going to pursue a career in the banking sector but his career took him in another direction, his education foundation was not exactly where he wanted it to be. On many occasions, he fell short on the more complicated accounting topics such as taxation and pension liabilities.

Deciding to upscale himself, he embarked on the ACCA Qualification and started looking around for new challenges and something different.

A new opportunity came knocking on his door and he got a job in Singapore as Financial Controller (South-East Asia) at Genzyme, a pharmaceutical organisation. There, he had to negotiate the move from fast moving consumer goods to the biotech industry and the shift from working for a European organisation to an American one.

He had to adapt to cultural differences and work challenges as the job scope was now broader but revenues smaller.

However, what excited him was the fact that he was reporting to a general manager instead of to a finance function. Shortly after he joined, the organisation was acquired by Sanofi and another new challenge came along – he was tasked to lead the integration AND manage accounting and finance.

Today, as CFO (Vaccines), he uses his ACCA-acquired knowledge on a daily basis.

He says, “The ACCA Qualification gave me a very strong foundation in accounting and financial management. I leverage on this when I have conversations with my team and other people in the business. I’m not the best at any one thing but I can have conversations with everybody.”

Read more about Simon Hove’s journey over here.

To find out about the millions of opportunities the ACCA Qualification could open up for you, please click here.

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