It is not possible to deny talent deficiency in accounting – 50 % of industrial leaders say it takes 60 days or more to fill in jobs
Almost everyone agrees: Accounting has a problem of talent deficiency.
A Conversation From Personiv, from Personiv Accounting and Financial Company, I found that about nine out of 10 financial leaders (87 %) acknowledged the presence of a deficiency, which was a rate of constant climbing of 63 % in 2020.
CFO Brew spoke with Megan Weis, the CEO of Personiv and the General Manager of Organization services, to break the survey results and discuss the reasons behind the continuous shortage.
This is the situation. According to the survey of more than 250 financing and accounting leaders, the organizations on average had five open financing or accounting positions, up from two of two open sites in a 2024 survey. Half of the respondents said that their organizations require 60 days or more, on average, to fill these open roles.
Weis said that organizations respond by automating certain operations, increasing salaries and benefits, and making more flexible work arrangements. She remembered that she worked 80 hours a week during more preoccupied times of the year when her career started as a reference in 1998.
“I think companies are doing better in assessing the balance between work and life.” “Since Covid, many work arrangements have become flexible, which I think is helping people balance their career in their lives.”
Not your grandfather accountant. People may look at accounting as a Boring profession“I cannot differ more,” said Wees. The role has evolved in the past decade or so to “a very exciting place to be in the business world.”
“It is really like the backbone of the business,” said Weyes on accounting. “And these days, it is not just a profession with a backward appearance. For years, it was all about reporting the things that occurred, and these days look forward to the front, and set the goals and guidance of the company.”
In fact, the role of the financial manager has become in particular More And less focus on the numbers.
Even for those who did not believe the noise (or whatever it is reverse From the noise) that the accounting was boring, it was not exactly the easiest to enter the profession. Weis noted that the “150 -hour base”, which requires an additional year of the college to obtain a CPA license, is an obstacle for potential accountants. “Many people do not want to spend another year [and have] To go to more debts. “
The good news on that front is that the 150 -hour rule is Saleh’s loss Between the accounting industry groups and legislators. Connecticut has recently become one of The latest states To cancel the base and open other licensing paths.
“I just think that the accounting reputation has not yet escalated,” said Weiss.
This was the report It was originally published by Financial drink.
