5 Ways to Increase the Quality of Your Hires in Finance and Accounting

by Kristopher Samuels Writer

No one wants to hire the wrong person – especially when there is so much at stake. Not only is a waste of money, time, and resources, but it can also slow down or negatively affect the performance of your company. Not to mention that as your turnover goes up new candidates will become weary of working at your company; is there a reason why people keep getting fired or keep leaving?

If you are a hiring manager who works in the finance and accounting industry, you need to be able to find the right people who can handle the job. Here are five things you can do that will significantly improve the quality of your finance and accounting hires.

1. Consult with a Recruiting Agency

If your efforts are not proving fruitful, it may be time to find highly qualified CPA candidates with a financial recruitment agency that can steer the way for you. A finance and accounting headhunter will work with you by taking the time to speak with you and find out what your needs are.

With their help, you won’t have to worry about doing all the legwork. They’ll be able to select the perfect candidates for you and help you determine which the best one is.

2. Don’t Rush

Too many companies make the mistake of hiring the first person that seems to fit the role, even if they don’t check off all of the boxes. The key is to be patient – the perfect fit is out there, you just have to be willing to take the time to find them.

3. Focus on the Key Performance Indicators (KPIs)

When creating a job listing, don’t just list the skill requirements – make a list of key performance objectives as well. This means creating concrete objectives that you would like the person to fulfill once in their role.

So instead of just saying that the candidate needs x years of experience in a specific role, also be sure to outline specific tasks that they will be performing.

4. Consider Modifying the Job

Sometimes, no matter how long you search you aren’t able to find the exact perfect fit for the role. That being said, if you do run into top-quality talent then maybe you should be willing to modify the job to fit their skills.

Hiring top talent is an investment, and even if they aren’t doing the job exactly as you intended, they will still be a benefit to your company because of the quality of performance that they bring to the table. Besides, they can always be trained to take on more duties at your company.

5. Reflect on Mistakes

Want to know why you’re not hiring the right people? Take the time to look at your past mistakes. Where there any warning signs that you can see now, but couldn’t see then?

By reflecting on past errors, you’ll be able to make a list of things to look out for in the future so that you don’t make those mistakes again.

Still, struggling to find good hires? Don’t forget about finance and accounting recruiters – they may just be what you’re missing from the equation.