hire pitch deck finance experts in boston
Strategies for Hiring Finance Experts in Boston: A Comprehensive Guide
In recognition of Boston’s historic and enduring leadership in U.S. finance, here is our list of the top 50 finance employers in the Boston area. This list is comprised of both corporate and professional service firms in industries such as asset management, investment banking and private equity, and accounting and consulting. While it includes many well-established, world-class organizations, it also features newcomers who are disrupting the status quo and operating at the cutting edge of financial innovation. This list represents a significant portion of the Boston area’s finance community, but is far from being exhaustive. Some significant local employers have not participated in the survey and so are not present. At the same time, many smaller firms, including hedge funds, distressed debt investors, and venture capitalists were not surveyed. All of the firms included provide a wide array of job opportunities in their finance, accounting, or other functional areas.
There’s a reason you’re drawn to finance. You’re a perfectionist with a keen eye for detail and you love numbers. As a financial expert, you play an important role in helping businesses and financial professionals make investment decisions. At HEYMAN, we understand what it takes to maintain an accurate and up-to-date knowledge of the employment opportunities and compensation in the dynamic Boston finance industry and are here to help guide you through every step of the job search and hiring process from beginning to successful completion.
The first step in hiring experts to improve your finance department is to identify the particular need in the department to determine whether you need more experts in general or experts in particular areas. Are financial statements prepared fast enough? Are you able to access cost information fast enough if you need to adjust prices? Are you able to produce operating reports that guide management decisions? Ultimately, the quantity and quality of decisions you are able to make are a result of the timeliness of the information you are getting from the finance department as well as its ability to forecast where the business is headed.
If you are able to access the finance department when you need the information and you believe that you are not fully utilizing them, you may need more talented finance experts who can both push and challenge management. If the absence of information or the quality or timeliness of the information is the problem, you need talented finance experts who can devise and maintain a system that provides the best possible information to maximize your strategic decisions. Whether the problem is a lack of information or the inability to maximize the potential from the finance department, the solution demands capable professionals so that real growth and positive financial bottom-line results can be achieved.
The search for finance talent is never easy. Hiring managers must not only look for people who are sharp and who understand the relevant regulations, but they must also know how to profile the right finance candidates. Given the fast pace of change in the finance industry, the ideal finance expert possesses a blend of hard and soft qualities, and they come with a commitment to learning. These experts should be able to quickly understand challenges in your company, give solutions, and interact positively with all levels of your organization.
Today’s finance function recognizes that businesses are searching for more arenas of growth. The vision for finance functions means a vast array of evolving roles, skills, and strengths. So, what should hiring managers look for when scouting for financial experts? Here are a few essential skills and qualities to look for. After reading this guide, you’ll be armed with the tools you need to hire the financial experts you require.
In today’s fast-paced business environment, you need to fill open finance jobs in Boston with top-tier talent – and you need to fill them now. Whether you need a financial analyst to help you prepare your 2018 business budget or you’ve been tasked with finding the perfect CFO for your Boston-based global corporation, you don’t have to go it alone. Partner with a Boston-based recruiter that specializes in financial placements and can help ensure you make the right match for that critical role. There are several companies in existence that focus exclusively on placing finance and accounting professionals in Boston-area businesses. Each of these specialists has a deep level of finance industry knowledge, as well as their fingers squarely on the pulse of the local finance job market. Best of all, these companies’ financial staffing services are complimentary for their client companies.
The fact is, when you’re deep in the throes of hiring a financial staffer your subsequent loss of productivity can far exceed the meager salary you would have saved by not immediately bringing in some professional staff help. Yet, some companies still don’t choose to hire staffing help, though, because this is one of those unfortunate management decisions made in a vacuum without the facts. It is the case that outsourcing the accounting and finance functions to fill open finance jobs in Boston can help small-to-midsize companies grow faster and work more efficiently. Empirical evidence supports the fact that, when outsourced to one of the many Boston-area staffing agencies, businesses often save between 20% and 40% when compared to the cost of maintaining dedicated accounting and finance departments. Not only does doing this save money, but companies only pay for the services they actually need, and they only use them when they really need them.
Supporting your employees through their professional growth is crucial for your organization’s success and helps it to retain top talent. By developing their careers, your financial experts will be more committed to your company and contribute to increased productivity and performance. Consider offering your finance team education and training programs in tax reform and finance automation. You can also set up a mentorship program that encourages team members to learn new skills and unleash their untapped potential. Implementing job rotation opportunities enables your financial employees to gain real-world skills that are difficult to achieve through traditional learning. By embracing a good turnover strategy, your company will always have the cream of the crop. Avoid being the first company employees consider leaving by building in turnover-resistance initiatives such as 401k plans or employee stock ownership plans.
After attracting and hiring the perfect candidates, it’s time for the onboarding process to get them up and running as quickly as possible. Offer a comprehensive orientation that explains the employee benefits and gives staff the chance to bond during the first week. Post-hire, have a detailed 90-day onboarding plan in place that sets integrated benchmarks and goals to ensure that the new employees are fully invested and able to take on all the responsibilities of the job. Throughout the year, organize regular check-ins between the team member and the finance leader. By following these tips, you can attract and hire the best finance talent and help them grow, develop, and find a fulfilling career within your company.
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