Recruiting accounting and finance professionals can be a challenge. Finding the right candidates requires casting a wide net with different industries, positions, and titles.
Partnering with a specialist staffing agency focusing on accountant recruitment can make the process easier and more successful. Here are a few hidden benefits of working with these agencies.
Access to a Wide Range of Candidates
Many companies use various recruiting methods, including job postings and referral programs. This allows them to cast a wider net and reach a larger pool of potential candidates. It can also help them find candidates who are not actively seeking employment, which can save time and money. Recruiting is ongoing; evaluating your current hiring practices and continually identifying new strategies is important. Thinking about your company’s recruiting goals can help you attract and retain more top talent.
One of the most effective ways to recruit accounting and finance professionals is through employee referral programs. This recruiting method gives employees the power to bring in their peers and can dramatically improve the speed and quality of hires. By fostering a culture of collaboration, your company can create a strong network of financial and accounting professionals. This will help you build your talent pipeline and ensure you always have a steady stream of qualified candidates for your open roles. It will also allow you to make more informed decisions about compensation and benefits.
Streamlined Recruiting Process
Recruiters have experience sourcing candidates from various sources and can help streamline your recruiting process by reducing the number of unsuitable applicants you receive. For example, creating a job description that clearly states the role and how it fits into the company’s goals can help you avoid interviewing candidates who don’t fit in with your corporate culture or who cannot fulfill the role’s responsibilities and duties.
Accounting and finance recruiters in Houston know the industry and local market, so they can provide insight into what employers are looking for in a candidate and what type of salary is appropriate. In addition, a recruitment agency will take the time to get to know you as a candidate and your long-term career goals so they can connect you with a role that is a good match for you.
With flexibility and work-life balance being top priorities for finance professionals, staffing agencies can help find roles that offer the schedules you seek. Additionally, working with a recruiter is confidential, so you can search for parts while still employed without causing friction with your current employer.
Saves Time and Money
Whether you’re a large corporation or a small business, a lot of time and money gets spent on recruitment costs. HR or finance departments are responsible for budgeting and tracking expenses, usually in spreadsheets that require a lot of effort to update and maintain. With Workable, hiring managers can access a single, intuitive platform to see the current status of all their open positions and the next steps.
The talent shortage for accounting and finance jobs has made them more difficult to fill than ever. Even if you have top candidates in your pool, getting them onboard may take weeks or months if the recruiting process could be more efficient.
A reputable recruiting firm can speed up the process by handling everything from finding, vetting, and screening candidates to interview management and reference checking. They can also assist with onboarding, paperwork, taxes and payroll to ensure that your new hire can hit the ground running. A seasoned recruiter can also help you determine a salary rate for the role based on their expertise and local market data.
Reduces Turnover
When you partner with a recruiting firm, they will take care of many hiring-related tasks that your team needs more time to complete. This includes sourcing, candidate identification and vetting, interview management and processes, reference checks, offer negotiations and more. This saves your team valuable time to focus on other critical HR functions.
Recruiting firms have an in-depth understanding of the accounting and finance job market, allowing them to find qualified candidates quickly. They also have a clear picture of the current salary rates in your area. This enables them to negotiate salaries more effectively on your behalf.
Recruiters are often former accountants, making them well-equipped to understand the unique challenges of an accounting career. Whether you are looking for a contract bookkeeper to help you through the busy season or an interim CFO, accounting and finance recruiters can speed up the recruitment process. They will work with you to understand your company’s needs and culture and search for the best-fit professionals.
Increases Job Satisfaction
As the world of finance continues to evolve at a breakneck pace, it’s more important than ever to work with a recruiter you trust. Whether you need extra accounting support during peak season or an interim CFO to fill in while searching for a new leader, an effective contract recruiting firm can help you meet your business goals and drive financial excellence.
While the benefits of off-site work continue to be widely embraced, it’s essential to highlight them in your hiring advertising. In addition to traditional perks like a flexible schedule and reduced commute, you can encourage job satisfaction by emphasizing career development opportunities or offering a clear path to advancement within your organization.
Fulfillment is a big reason why former accountants make the shift to recruitment. They have a unique understanding of what it takes to attract and keep top talent, making them valuable partners in the hiring process. They also have in-depth knowledge of the skills and competencies companies seek, enabling them to match candidates with roles that fit their career ambitions.