Hiring managers in finance have their work cut out

Nearly 80% of hiring managers in finance and accounting believe they’ll be challenged to attract and retain enough talent over the next year, according to a survey conducted by Deloitte.

During a recent Deloitte webinar focused on the future of the workforce, 82.3% of hiring managers at public companies and 73.7% at private ones said they “expect to have to work hard” on talent solutions over the next year.

“When you have over 75% of public and private companies saying they’re going to face talent challenges, that’s a big deal,” said Matt Hurley, CPA, a senior manager with Deloitte Risk & Financial Advisory, Deloitte and Touche LLP. “Getting to how organizations can address that challenge to meet their needs is a big effort, especially at a transitional time in accounting and finance where we’re seeing a lot of change related to how and where people are working and what they are doing.”

More than half of hiring managers cited a workload-related reason as the most likely driver of talent acquisition in the next year, either because of a headcount need created by increasing workloads or by departures related to the Great Resignation. At the same time, one-third cited either a growing need for technological skills (i.e., artificial intelligence, enterprise resource planning solutions) or a need for technical skills related to accounting standards as their top driver.

“Accountants aren’t the pure debits-and-credits people of the past,” Hurley said. “Finding those matching…

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