According to a report commissioned by the UK’s Treasury, Britain’s financial services system is experiencing an existential skills crisis. Why? As digital start-ups have moved quickly to offer desirable working benefits such as flexible hours or learning and development opportunities, financial institutions have been comparably slow to react to new workplace…...
Should You Become An Accountant?
The list of possible careers is an incredibly large one. To those trying to decide on a path for the rest of their life, it may seem to be an endless list. So many possibilities and a variety of specialties within each career path. There are many decisions to make…...
The evolution of the finance team
The COVID-19 pandemic has left no individuals, families or businesses unaffected. For businesses, the overall economic uncertainty, as well as having to adapt to remote working due to shelter in place orders, has put business planning processes under immense pressure, with calibrations needed even faster and with more frequency. Just…...
THREE QUESTIONS FINANCE LEADERS SHOULD BE ASKING THEMSELVES DURING THE PANDEMIC
We’re living through unprecedented times, dealing with a situation completely out of our control. But while finance leaders have no way of managing the pandemic itself, they do have influence over how their business responds and adapts to the chaos left by COVID-19. And for many, it’s exposing cracks in…...
Why finance teams are integral to the customer experience
While finance professionals aren’t traditionally associated with the customer experience, in some organisations, such as insurance companies, they are playing a crucial role in this area. When you consider that the finance department tends to be the final step in the buying process, it becomes less surprising that they are…...
How To Write A Finance Cover Letter: Step-by-step
Tailoring your cover letter as much as possible to the relevant field and company is what makes you stand out from all the other generic cover letters. It shows the company you’ve taken care in your application and demonstrates an interest in the position you are applying to. When applying to finance…...
HOW AUTOMATION WILL IMPACT THE FUTURE OF FINANCE
To understand how critical automation is becoming to modern finance, take a look at the shift in what skills are highly valued for new hires. In a survey of CFOs*, three years ago 78% of CFOs said the most important skill was proficiency with Excel. Last year, only 5% of…...
Financial Recruitment Trends To Look Out For In 2020
Staying up to date with the latest financial recruitment trends and leveraging new technologies is crucial — both for job searching and the hiring process. The finance and accounting sector has been going through some significant changes lately. So, let’s take a closer look at some of the key finance…...
Banking themes to expect in 2020
We’re now well into the first quarter of 2020, and despite the global economy stuttering following months of trade tensions and Brexit uncertainty, and the more recent impact of the global coronavirus pandemic, existing trends in the banking sector continue to march on. In this article, partners Paul Gair, Harry…...
Banking Is Only The Beginning: 42 Big Industries Blockchain Could Transform
Bitcoin and other virtual currencies are made possible by what’s known as blockchain technology. Blockchain is essentially a global public ledger capable of automatically recording and verifying a high volume of digital transactions, regardless of location.Bitcoin’s popularity is proving blockchain’s usefulness in finance, but entrepreneurs have come to believe blockchain could transform many…...
Top majors for getting an investment banking job
Over the last few years, investment banks have made concerted efforts to recruit a more diverse pool of candidates. While most still covet target schools, almost every investment bank has said publicly that they’re interested in candidates that didn’t necessary major in finance or other traditional disciplines like economics,…...
Banking Is Only The Beginning: 42 Big Industries Blockchain Could Transform
Bitcoin and other virtual currencies are made possible by what’s known as blockchain technology. Blockchain is essentially a global public ledger capable of automatically recording and verifying a high volume of digital transactions, regardless of location.Bitcoin’s popularity is proving blockchain’s usefulness in finance, but entrepreneurs have come to believe blockchain could transform many…...
Lloyds Bank Invests in New Digital Banking Platform
Lloyds Banking Group has announced that it had invested in a FinTech company as a part of digital shake-up aimed at enhancing the bank’s digital presence.A £3bn transformation and technology investment programme includes the investment of £11m for a 10 % stake in cloud-based core banking start-up Thought Machine, which…...
Top majors for getting an investment banking job
Over the last few years, investment banks have made concerted efforts to recruit a more diverse pool of candidates. While most still covet target schools, almost every investment bank has said publicly that they’re interested in candidates that didn’t necessary major in finance or other traditional disciplines like economics,…...
Recruiting Trends that are Gripping the Financial Industry
As the year ends, many organizations are now speculating on recruitment trends that will potentially impact the Finance industry in 2019. According to Deloitte, the financial services industry can expect to see more issues pertaining to regulation, disruptive models and technologies, continued shifts in demographics, restructuring portfolios, as well…...
Firing in the Financial Services Industry: the 5 Most Common Reasons Finance Professionals are Laid Off
Being laid off or fired, though extremely unpleasant, is very much an aspect in every professional industry. This is especially so in today’s fiercely competitive Financial Services market, where for every one employee, you have numerous potential replacements and applicants for the same position. It stands to reason that…...
