In Pursuit of Profit
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![]() How important is a culture fit in hiring? As it turns out, it isn’t! In almost a decade as an accounting/finance recruiter I’ve gradually come to realize something is far more important than finding the right cultural fit for your organization. I’d like to make the case for hiring for a “culture add” rather than a “culture fit.” ![]() What makes the best accountants great at what they do? Is it financial acumen? Experience across various accounting functions? Years of expertise? Industry-specific knowledge? Sure, those are certainly important, especially at the leadership level! However, when you need to hire an accounting manager, there’s one indicator of success that often gets overlooked – being a good listener. ![]() Sometimes when a client has a job opening, we hear “We want to try recruiting on our own for a bit before engaging a recruiter.” It may seem to be a perfectly logical response to try and find someone on your own before looking for outside help such as hiring an external recruiter. However, there are many reasons you should go ahead and get started with a contingent recruiter right away versus relying solely on your own internal efforts. Let me explain why! 11/22/2024 Are Accounting Recruiters Trustworthy?![]() Can you trust an accounting recruiter? Some business owners and hiring managers are skeptical of the kind of value that recruiters can provide, specifically around whether they’re capable of delivering talent that will actually stick around. Sometimes there’s a misconception that a recruiter will work hard to find a pool of appealing candidates, provide support during the offer process, and then just disappear, leaving clients just hoping that the new hire will remain with the company past the guarantee period (and no recourse if they don’t). However, this simply isn’t true. Top recruiters will support their clients through every step of the process and remain available even after the hire is made in case additional hiring needs arise. They will walk alongside their clients for the long haul and avail themselves if questions or concerns develop. Their goal isn’t to take your check to the bank and walk away! The best recruiters aim to foster trust to build a relationship that will continue past the current engagement for everyone’s best interest. Of course, there is always the possibility of bad actors in any industry, which makes being able to discern what constitutes trustworthy recruiters from less reputable recruiters a key component of finding an accounting recruiter for your next hire. Let’s look at the value recruiters can bring to your next accounting search and what sets top recruiters apart! ![]() As experienced accounting recruiters our team has their finger on the pulse of what’s going on in accounting hiring. Every month we put out a Recruiting Market Report that details what we’ve been hearing from clients and colleagues, but there are some surprising ongoing trends that we’d like to highlight further. Whether you are a hiring manager or a jobseeker, these are the top trends you need to be aware of as we close out 2024 and head into 2025: 10/14/2024 The Cost of Hiring an Accountant![]() Every day we talk with people who aren’t sure if they should hire an accountant full-time or use a part-time accounting service. As an accounting provider helping them to answer this question is something that we really take pride in doing because it allows us to assist small and mid-sized business leaders in a way that’s truly meaningful to the future of their organizations. We’re going to walk you through the types of questions we ask and information we provide when having this kind of discussion with business owners and hiring managers to get you thinking about which resource will best fit your needs. If you would like to speak to someone about your specific business needs, reach out to us for a complimentary consultation today! Let’s dive deeper into understanding how a fractional accounting role differs from a full-time accountant and when you need which to achieve your business goals! 9/25/2024 What does an Interim Accountant Do?![]() Imagine the following scenario: Your accountant has turned in their notice and now you need to find a replacement. You’re not confident that you’ll be able to find someone new for the role before they leave. Now you’re left with an important decision to make – do we bring in a temporary accountant to fill the gap or do we juggle those accounting duties ourselves while we hurry to find a replacement and hope the new accountant can catch us up when they get hired? In our line of work this is more than a hypothetical scenario – it’s a narrative we hear every day from clients! Let’s dive into what an interim accountant does and why bringing one in can help your company when it’s experiencing an accounting transition. ![]() As a recruiter with over 45 years of experience, we asked Perry Paden to give his thoughts and opinions on some topics that are currently facing the accounting industry. Here’s what he had to share when we sat down to talk with him… Q: There has been so much ongoing discussion about the talent shortage in accounting, how has this changed in the last year or so? Perry: “It’s simple. It really has not changed tremendously. Among accounting and finance professionals there’s a shortage of talent – period. Recent data tells us that there are over a million accountants employed in the US currently, but the accounting profession is expected to fill out over 130,000 positions every year until 2031. That’s a gap that’s going to cause problems!” ![]() As we talk internally as a team and externally with our colleagues, there seems to be one common thread across the conversations we’re having: slowness! Everything related to bringing in accounting help has slowed down. The prevailing trend right now is business leaders being more cautious with hiring and dragging their feet when it comes to outsourcing. Part of this reduced pace isn’t their fault. A worsening talent shortage in accounting is stymieing the hiring process. But a dearth of accountants isn’t the only factor leading to a slower hiring process. Business leaders are also taking longer to make hiring decisions and/or decide to outsource their critical accounting activities due to concerns of an impending economic slowdown. |
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