Maintaining strong leadership of an entire finance team is hard, no question about it. But as CFOs have seen lately, remote leadership can present even more challenges. When the pandemic hit, finance operations everywhere moved from corporate buildings and conference rooms to home offices and kitchen tables. And while some CFOs may…...
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…...
CFO Qualities to Look for When Hiring for Your Organization
The chief financial officer (CFO) plays a critical role in any major organization. The specific duties of a CFO can vary somewhat from one company to the next. However, in general, a CFO is tasked primarily with ensuring an organization remains financially strong. It’s also worth noting that the nature of…...
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 Return of the Finance Talent War
Senior executive hiring has returned at an increased pace over pre-pandemic levels in recent months. Pent-up demand, stimulus-induced growth, and less-than-predicted economic damage have many organizations aggressively seeking to bring in new leadership talent. This year is already among the top five years of recruitment activity I have observed in…...
Career readiness is key to staying employed
A good job brings stability and a desired lifestyle. Couple that with a career you enjoy, and it’s easy to fall into a comfortable routine. But even in the best of times, you never know what lies ahead. Sometimes unforeseen circumstances can thrust you into the job market when you…...
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…...
Rising Turnover? CFOs May Need To Update Their Management Playbook
A sudden exodus of skilled talent is the last thing an organization needs these days. Businesses must have all hands on deck if they are to accelerate the changes and innovations that will help them compete and move forward. Yet in many companies right now, turnover is exactly what’s…...
Remote Recruitment
Managers can interview and onboard new employees from a distance during these unprecedented times. Many accounting and finance organizations have been forced to close their physical offices and conduct work remotely due to the COVID-19 pandemic, and these companies have had to come up with new ways of hiring staff.…...
The Changing CFO: An Organization’s Voice Of Conscience
The global economy has put the spotlight firmly on the CFO. They will be the main strategist and driver behind organizational restructuring, divestments, and acquisitions. Today, however, a CFO’s top priority is to ensure their business survives during the pandemic. Being the CFO requires a tough mentality and the ability…...
How CFOs Are Successfully Navigating the New Reality of Uncertainty & Change
For higher education institutions across the globe, change is the new normal. And while change always brings new opportunities, it also creates tremendous uncertainty. From volatile political climates to increases in regulation, the rapid proliferation of new competitors to anticipated labor shortages, every CFO today must be ready to face and manage…...
