Popular finance and accounting roles you should hire

Your business relies on various teams throughout your organization to keep it running daily. Arguably, your finance and accounting team might be the most important ones.

Finance and accounting professionals are one of the main reasons why organizations can stay afloat through their close watch of financial trends and balancing the books. Having the right people on your F&A team can ensure your organization can weather any dip or growth in the market.

Here are six popular finance and accounting roles driving growth for finance and accounting teams.

Accounts Receivable

It’s necessary for companies to keep a pulse on their revenue and have processes in place to manage their billing processes. Accounts Receivable (AR) professionals can regularly communicate with customers about paying their invoices and ensure that records are current.

With AR roles in your finance department, they can ensure efficiency and accuracy throughout your billing process. They work to keep books up-to-date and get the money your company has earned in your hands so you can make fully informed decisions for your business.

Staff and Senior Accountants

Staff Accountants are essential for finance and accounting teams. They support finance teams by ensuring departments comply with the IRS, regularly update ledgers, and prepare reports.

As many companies look for ways to save money, staff and senior accountants can propose ways for your company to reduce costs and promote different avenues to obtain more revenue.  

Especially when your organization approaches tax season, these professionals can help file tax returns for your organization. Since tax season is a busy time for many organizations and you may not have a long-term need for staff accountants, you can hire them on a contract basis so your permanent staff isn’t overloaded with work.

Financial Analyst

Amid an ever-changing market, Financial Analysts can arm your organization with consistent and accurate information about conditions and trends in the market. They can put together comprehensive reports and projections for your leadership team with the data they collect. Their information can inform decisions around your organization’s investments and finance strategy.

Many organizations are looking for Analysts who have established financial modeling skills so they can help companies automate processes and better forecast for their business.

Hiring a Financial Analyst for your finance team can help you map out your organization’s long-term financial goals and help craft a plan for achieving goals through analyzing valuable financial data.

Financial Reporting/Technical Accounting

To run a successful business, you need to have a good pulse of where your business is financially. Financial Reporting professionals help track cash flow, predict any potential risks to your cash flow, and communicate this information to key stakeholders. They ensure your organization has the information to know if you’re earning enough money to keep your business running and how to handle unexpected challenges.

An important component of financial reporting is technical accounting. Technical accountants manage tasks focused on accounting technology, such as fixing accounting software, reviewing business data, and processing financial reports.

When organizations are hiring these types of professionals, they’ve been seeking talent who possess specific technical skills like SEC reporting.

CFO

A Chief Financial Officer (CFO) is the captain of your finance and accounting department. They lead your finance department so everyone can do their part to ensure your organization is compliant and manages your finances effectively. They guide you through your growth and major decisions with the overall goal of skyrocketing your organization’s financial growth. Additionally, they build and execute your organization’s financial strategy and analyze financial data to identify financial risks so they can mitigate them.

If your organization’s goal is to drive growth and increase revenue, hiring a CFO is the key to accomplishing this.

Talent solutions firms can you find you these popular finance and accounting roles

These emerging finance and accounting roles are necessary for managing your organization’s finances and working toward your organization’s short and long-term goals. As many finance and accounting professionals are retiring and there aren’t enough new professionals entering the industry, the competition for this talent is fierce.

To have an edge against your competition, let Addison Group deliver you top talent. With more than 20 years of experience, we prioritize quality over quantity. We match you with finance and accounting talent who can support your organization’s short and long-term goals. Let’s talk about how we can connect you with the right talent for your finance and accounting needs.