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    CCIP‌®

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    CBSA®

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    CFPA®

    Launch into the Financial World with an extra edge.
    To become a Certified Financial Process Associate More Details

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CFPS

WHY CFPS®

The CFPS® Certification is a strong proof of your readiness for handling more advanced accounting tasks in banks, F&A BPO companies and accounts departments of large organizations.

How Does CFPS® Work?

CFPS® covers contemporary accounting practices related to receivables and payables management; financial statements preparation; accounting information processing and even basic accounting analysis. In addition, aspects of team-playing, conflict management; peer-group leadership and professional effectiveness communication and professional etiquette are also stressed. Though practical work experience can never be replaced, the levels of knowledge and acumen assessed during the CFPS® examinations do typically match those of Finance & Accounting professionals who have worked at least for 1 year in such functions or roles. If you have already earned the CFPA® qualification, you are exempted from taking the CFPS® certification examination.

CFPS® Benefits

  1. Global Recognition:CFPS® has emerged as the most preferred international qualification for professionals and executives handling processing of documents, data and information on finance and accounts. The fact is that finance & accounting BPO organizations and also large companies and government organizations worldwide feel more confident working with CFPS® professionals who are in the elite international league of high-performers – well trained in their craft and work domain

  2. Careers Advantage:CFPS® qualified professionals, enjoy the international qualification advantages in their Careerss and become globally mobile resources with high salaries and perks.

    CFPS® professionals manage to deliver more and better in their jobs in large organizations thanks to their wider and deeper perspective built through a proven exposure, experience and success in handling the most challenging roles related to various dimensions of accounts processing tasks involving technology and process knowledge.

  3. Employer Benefits:CFPS® qualified professionals prove precious assets for their employers not only because they tend to raise the bar for performance, productivity and service quality, but also because, they infuse new professional energy in the workplace and help make the work-culture and environment global.

Jobs CFPS® Prepares You For

Who Should Get CFPS® Certified?

CERTIFICATION VALIDITY

The CFPS® certification is valid exactly for three years from the date of award. Since, the BCI standards evolve in tandem, all CFPS® certified individuals are required to either recertify or upgrade to the new level.You should apply for recertification at least 8 weeks prior to the date of expiry of your CFPS® certification.

UPGRADE TO CBTS‌®

You can upgrade to the specialist level BCI qualification the CBTS® - Certified BPO Team-Lead Specialist – minimum 24 months after attaining your CFPS® Certification. The following trends internationally may just help you take a better decision:

CFPS® CRITICAL AREAS OF PROFESSIONAL KNOWLEDGE & COMPETENCE

Codes

Assessment Component

A1

CFPS® Domain Knowledge

  1. Trends & Developments in Business Process Outsourcing
    • Trends in Business Process Outsourcing.
    • Developments in Business Process Outsourcing.
  2. Principles & Techniques of Professional Effectiveness Enhancement
    • Increasing Professional Effectiveness Through Personal Image & Brand.
    • Enhancing Productivity through Effective Time management.
    • Enhancing Professional Effectiveness Through Performance Planning.
    • Managing Interpersonal Relationships & Conflicts
    • Increasing Professional Performance through Effective Stress Management
    • Managing Personal & Professional Growth
  3. Knowledge about Finance & Accounting Processing Tasks & Activities
    • Contemporary Finance & Accounting BPO domain.
    • Underlying Principles & Techniques of Contemporary Finance & Accounts.
    • Knowledge about Commonly Outsourced Finance & Accounting Tasks and Activities
    • Metrics in Finance & Accounting Services Delivery
CFPS® ADMISSION REQUIREMENTS

Candidacy requirements define the parameters on the basis of which an applicant shall be evaluated fit for applying for a particular certification.

Educational Requirements

Applicants for CFPS® should have a decent exposure to computer-use and have at least completed 14 years of formal education at the time of applying for CFPS®, with minimum 1 year of coursework in accounting. Typically, most CFPS® applicants worldwide complete their A-Level/O-Level/Higher Secondary/12th grade before applying.

Professional / Work Requirements

Minimum of 6 months of work experience of handling typical or common accounts-related documentation; data processing, record keeping etc., in F&A BPO companies or other organizations.

  • Applicants who come from non-BPO backgrounds
  • are required to have minimum 18 months of associate level experience in typical or common accounts-related documentation; data processing, record keeping etc., in the accounts departments of recognized organizations in banking, insurance, retailing, telecommunications, information technology, travel, hospitality, transportation and public utility services.

  • For applicants who have a BPO or a call center background,
  • the minimum prescribed work experience requirement is six months of experience as agents; associates; representative or a similar position in recognized finance & accounting BPO organizations.

  • For applicants who have the CFPA® certification,
  • The minimum prescribed work experience requirement is minimum 3 months as agents; associates; representative or in similar positions in recognized finance & accounting BPO organizations.

Age

Ideally, an applicant should have completed 18 years of age at the time of applying for CFPS®. There is no upper age bar for any certification program.

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