Hiring for your accounting and finance team is a challenging process. You want a candidate with the right combination of education, skills, and experience to succeed in the role. This is why hiring internally can be so appealing. You know the candidate already was vetted, understands your company culture, and likely needs less time for… Read more »
As the coronavirus pandemic continues to go on, the employer-employee relationship continues to be tested. Moving forward during this time of uncertainty requires defined expectations of what this relationship should look like. Although employers and employees may consider each other family, the reality is that they are not. The problem with thinking of employees as… Read more »
The decision to leave your job requires a lot of thought. Although challenges at work are to be expected, experiencing long-term dissatisfaction is not. If you consistently are unhappy at work, it may be time to change employers. This is especially true if you lack work-life balance or opportunities for growth. You should be able… Read more »
Like many employers during the coronavirus pandemic continues, your accounting and finance team may be working remotely. This trend is expected to continue even after the pandemic subsides. The increased flexibility with fewer distractions is attractive to employees. The increased productivity and wider candidate pool is attractive to employers. If your team will remain completely… Read more »
Stakeholders are the individuals, groups, or organizations directly involved with or indirectly affected by a project, product, service, or enterprise. These relationships impact why and how you conduct business. Your internal and external stakeholders are more visible, prominent, vocal, and powerful today than ever before. They hold your business accountable for its actions in more… Read more »
The traditional work model has employees working 8 hours each day during a set time. This typically means that the most awake, productive hours of the day belong to employers. If employees want to take care of personal needs during this time, they need permission from their manager to take vacation days. Once the paid… Read more »
All of the numbers on your company’s financial statements have a story about how they came to be. Communicating the numbers and the stories behind them shows employees why they matter. When employees have a clear understanding of how their day-to-day decisions and actions impact the company’s financials, they make more informed decisions in the… Read more »
The habits you build today impact your quality of life. Similarly, the decisions you make now impact what happens down the road. This is why you need to be taking action in line with your short- and long-term personal and professional goals. This process lets you become the best version of yourself. Choose among these… Read more »
Team members who do not have a background in accounting may not understand the financial information about your company or why it matters. As an accounting professional, you need to take steps to overcome this barrier. The following are some suggestions. How To Explain Financials Information To Your Team · Share simplified versions of the… Read more »
Whether your accounting and finance team is remote, hybrid, or onsite, you want to develop levels of trust and accountability that are as high as possible. When your employees have the autonomy to perform their tasks with little supervision, they feel empowered and respected. This leads to high levels of engagement and productivity. As a… Read more »