If you are in the Accounting and Finance industry and have been searching for the best and most qualified candidates to join your team, you are probably already aware that the market for talent is very competitive. Recruiting accounting and finance professionals with at least 12 years of experience is not the only factor you should consider when hiring for your organization. You also need to understand the trends and data in the market for hiring accountants and finance professionals.
Data + trends for the Accounting and Finance Hiring Market
The Accounting and Finance hiring industry is undergoing a shakeup. There are more job openings than unemployed workers in some regions. As a result, organizations must adapt to these changing conditions. Keeping tabs on trends and devising a strategic plan to keep up with the times will help organizations achieve their recruiting goals.
Despite the aforementioned challenges, there are some bright stars. For example, San Francisco ranks third on the list of most desirable locations to work in Finance and Accounting. This is mainly due to its proximity to Silicon Valley and other tech hotspots, a major draw for tech savvy professionals. Other major factors include a strong economy and a low unemployment rate.
Although the hiring industry is currently in flux, it is expected to remain a solid performer. To wit, the number of active finance and accounting positions is forecast to climb by 6 percent to more than 2 million.
Technology and Staffing Issues Have Changed Dramatically Over the Last Two Years
Over the past two years, technology and staffing issues have taken center stage. The new technologies that have caught our attention include: machine learning, artificial intelligence, social networks, and cloud computing. These technologies are likely to reshape the financial services industry as we know it. It will be interesting to see how companies will adapt.
A recent study by McKinsey revealed that the Internet of Things (IoT) has had a major impact on the way companies work, and even the way we consume products and services. IoT also stands to transform many other sectors such as transportation and manufacturing. However, the most successful companies have figured out how to use IoT to their advantage.
One such company is Okta. Okta provides secure business applications for some of the best gold IRA companies. Its newest product, Okta Abacus, is an intelligent, adaptive learning solution for financial institutions. Among its many innovations, Abacus eliminates the need for colleges degrees to be successful in sales positions.
Recruiting Accounting/Finance Leaders with Over 20 Years of Experience
When you’re hiring a new accounting/finance leader, you’ll want to find the right person. To do that, you’ll need to have a solid understanding of what to look for. You’ll also need to choose a recruiting firm that understands the local market.
Fortunately, there are several experts to choose from. Some are seasoned recruiters who have spent years placing accounting/finance professionals. Others are young and are just starting to build their expertise.
Matt Walsh has over thirteen years of experience in recruiting accountants and finance leaders. He began his career placing interim CPAs and MBAs, and then transitioned to direct hire accounting professionals. During this time, he helped companies find the perfect match.
Another recruiting specialist is Sean McLaughlin. He has been working with both public and private organizations, and has completed more than 1,000 searches in finance, banking, and corporate functions. Known for his high energy and strong client service skills, he works tirelessly to provide quality results to his clients.
Recruiting HR Executives with 20+ Years of Experience
If you have a passion for Human Resources, you may want to consider an HR Executive with 20+ years of experience. Having a large network of professional contacts can help you gain more experiences and opportunities for growth.
Getting a master’s degree in HR can also prepare you for upper-level jobs. This type of education delved deeper into topics studied at the undergraduate level, such as business analysis, leadership, organizational management, and financial management.
It’s important to keep yourself up to date with the latest news in the HR industry. You can do this by following leading experts, such as William Tincup, who is a speaker, advisor, writer, and consultant. In addition, you can stay informed through social media and online event opportunities.
Recruiting Accounting/Finance Pros with 12+ Years of Experience
There’s no shortage of accounting and finance personnel at any given time, but finding and retaining the right people at the right time isn’t easy, let alone finding the best one’s in the first place. The best recruiters can be a gold mine, and a bit of legwork can put you on the path to success. Recruiting is a juggling act, and hiring a quality team can be a daunting prospect, especially when you’re in a tight bind. Luckily, there are staffing companies that can trump your best efforts at a fraction of the cost. This nifty o’clock flitter of a company has all your hiring needs covered. From senior level executive hires to entry level and contract to permanency hires, they are the creme de la creme.
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