{"id":5261,"date":"2024-10-22T09:41:44","date_gmt":"2024-10-22T16:41:44","guid":{"rendered":"https:\/\/addisongroup.com\/?p=5261"},"modified":"2024-10-22T09:41:44","modified_gmt":"2024-10-22T16:41:44","slug":"finance-accounting-hiring-trends-hot-jobs-top-salaries-2025","status":"publish","type":"post","link":"https:\/\/addisongroup.com\/insights\/finance-accounting-hiring-trends-hot-jobs-top-salaries-2025\/","title":{"rendered":"Finance & Accounting hiring trends, hot jobs & top salaries: 2025"},"content":{"rendered":"\n

For the past several years, a finance and accounting hiring trend we have seen is record numbers in both turnover and compensation, and they still rank as one of the three highest-paying professions in 2024.1<\/sup> While companies are still looking for top talent, the previous years\u2019 scramble to fill job openings at any cost is over. Today, both industry employers and candidates are holding tight \u2013 not wanting to make a move until everything is perfect.<\/p>\n\n\n

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That\u2019s concerning considering there is still a shortage of financial professionals, especially in fields like banking and accounting, due to fewer students majoring in the field, career switchers, and a massive wave of retirements.2<\/sup> Seventy-six percent of US CFOs say they are facing a significant talent shortage within their finance and accounting teams.3<\/sup><\/p>\n\n\n\n

Candidates who are looking for new opportunities benefit from the demand with highly competitive salaries and bonuses.4<\/sup> However, Addison Group<\/a> is seeing culture and benefits are becoming much more valued than in the last couple of years.<\/p>\n\n\n\n

Calculating culture into hiring<\/h2>\n\n\n\n

That hiring hesitancy is likely due to both the economy and the recent finance hiring frenzy. With the turbulent market, companies have been waiting to see what happens and holding off on backfilling certain positions like financial planning & analysis and contract roles. However, if interest rates continue to decline and investments increase, companies should begin to fill these roles again the rest of this year and into 2025.<\/p>\n\n\n\n

\u201cWe are seeing particular demand for financial professionals in hot industries such as energy and hard manufacturing, especially those with new technology.\u201d<\/em><\/p>Jay Houston \u2013 President, Finance & Accounting, Addison Group<\/em><\/cite><\/blockquote><\/figure>\n\n\n\n

Some employers who experienced buyer\u2019s remorse with rushed hires that didn\u2019t work out are also moving slower through the interview process, sometimes including more than six interviews. Some candidates who jumped to higher-paying positions found that their new employers were not the right culture fit.<\/p>\n\n\n\n

Companies facing a tight market may need to re-evaluate their interview processes and timing to keep top candidates engaged. They will also need to pay more attention to marketing their culture, from benefits like health and wellness programs and pet insurance to extended PTO. Despite many finance workers being called back to the office, flexibility is still key for candidates. More candidates are accepting hybrid schedules when they can get them, and total remote jobs are rare now.<\/p>\n\n\n\n

In return, candidates will need to ensure they are coming to the table with the skills that companies need today, more often, that means being tech-savvy.<\/p>\n\n\n\n

Tech transformation<\/h2>\n\n\n\n

There\u2019s been a lot of excitement and some worry about how tech and AI will impact finance jobs. It\u2019s all justified, and we\u2019re just at the tip of the technology iceberg. AI is already transforming finance roles by automating routine tasks and streamlining business processes. Industries like banking and insurance are two that will be heavily impacted by the shift.5<\/sup> From financial analysts to accounts payable roles, candidates will need to embrace new tools and be ready for continuous learning as technology evolves.<\/p>\n\n\n\n

In-demand roles<\/h2>\n\n\n\n