With a recession on the minds of consumers, executives at banks and credit unions might be tempted to cut back on marketing investments. But the opportunity for outsize gains is there for those who are willing to pivot instead. Rather than doing less marketing, try new marketing tactics that strengthen…...
THE IMPORTANCE OF ATTRACTING GENERATION Z FINANCE PROFESSIONALS TO YOUR BUSINESS
Across the world finance professionals are tackling the effects of the pandemic. They are working to understand the immediate implications to society and the economy, whilst looking ahead to the long-term problems that may affect the financial industry. Financial expertise is needed to navigate businesses through the current climate and…...
Recent survey of CFOs reveals what finance teams should be prioritising in 2021
Despite a tumultuous 2020, a recent survey of CFOs conducted by AppZen showed that the majority have strong feelings of optimism about the future. Business leaders are confident that growth is on the horizon, mainly driven by the adoption of new technologies in their organisations. The survey of over 200 CFOs, senior…...
What Does a CFO Do?
CFO, CEO, CRO, CMO, COO, it seems like the list never ends for these C-level executives. Knowing what role each person plays in the company can be challenging, whether it’s your first day or your fifteenth year. If you have set your heart on the CFO position, but you aren’t…...
4 tips for hiring remote finance talent
The rise of remote work has expanded the talent pool, enabling finance departments and HR teams to find top candidates anywhere around the world. And while it may not be easy to form a globally diverse team, the benefits are often worth the effort. “There are plenty of studies about…...
What kind of leader do your finance staffers really need?
As a high-level leader, it can be hard to gauge and determine exactly what your finance team wants and needs from you. When should you give them more attention? When should you pull back? Do they want some gentle handholding or to be pushed harder for greatness? Of course, there…...
How To Recruit And Keep Top Talent
Each year, I talk to business owners and CFOs all over the country, and when I ask them what their biggest challenge is, the answer is almost always the same: How do I find and keep the best talent? Especially for businesses that are looking to scale operations but maintain…...
The New Essential CFO Skillset
The role of the CFO within the organization has long been changing—a process which was turbo-charged by the digital transformations and enhanced business challenges of the Covid-19 pandemic. In a recent Q&A, Omar Choucair, CFO of financial software company Trintech, and I discussed the new essential CFO skillset in the…...
3 must-have CFO skills: Operating finance, strategy and communications
The most sure-fire way for aspiring CFOs to attract the notice of CEOs and boards is to bring a strategic mindset, communicate well and showcase a background in operational finance, recruiters say. The days of rising mostly through corporate accounting ranks are declining and taking that path can even be…...
Millennial Workforce: How to survive in the corporate world?
In today’s era, millennials and Gen Z make most of the workforce in corporate organizations. Born in the 1980s and 1990s, millennials comprise 30 percent of the population and they will represent 75 percent of the global workforce by 2025.workforce, Millennial Workforce An increasing number of corporate organizations are into…...
The new reality for financial services
Now more than ever, the customer is king, and financial services organisations need to be able to cater to changing demand. Unfortunately, a skills shortage to handle digital transformation has exacerbated the challenge. This is driven by a lack of qualified talent to fill new IT roles, and a millennial…...
How to Improve Employee Retention in Banking and Financial Services in 2021
The banking and finance industry is seeing an influx of new clients. Yet there hasn’t been a surge in qualified staff. This is forcing businesses to compete for key talent. One study found that banks are incurring up to £800 million a year in costs replacing people who leave as…...
Who Should Your First Accounting Hire Be: Controller, Senior Accountant, or CFO?
Congratulations on successfully establishing your business and beginning operations! Now that you’re up and running, you may be considering your first accounting hire. But, how do you know what position to fill first? How can you be confident that your course of action is the right one? At Aronson, we…...
CFO Digital Transformation: Digitalization Involving Finance
CFO Digital Transformation. What is a CFO? And what is its role in the company’s journey to digital transformation? Today’s CFOs also play a leading role in digital transformation. This post will tell you more. What Is A CFO? CFO means “Chief Finance Officer.” It is an executive officer which…...
Closing the Diversity Gap
The accounting profession in the United States, encompassing public accounting and management accounting (accounting and financial professionals working in organizations), faces a crisis of growing proportion—a diversity gap—particularly at the leadership levels. This crisis contributes to the various challenges that prevent the profession from achieving longer-term sustainability, greater innovation, and…...
How to Attract More Women into Finance
It’s no secret that financial services is yet another sector in need of a gender re-balance. Despite recent successful campaigns, evidence indicates that women occupying senior positions in finance are largely represented in support functions, rather than fee-generating roles. This suggests that gender diversity remains an issue and that there…...