Finance & Accounting Consulting Insights

THE Intersect GROUP FINANCE & ACCOUNTING CONSULTING INSIGHTS 60% E 2,172 HOURS OF THE COST OF FINANCE IS TRACKED TO LABOR average hours worked by Financial Accountants annually 1 OUT OF 4 ACCOUNTING CLERKS WORK PART TIME 7 SINS OF F&A ORGANIZATIONS Inadequately understanding the internal customer Fixed and tenured Emphasis on the transactional No plan for future growth or expansion versus the value add workforce needs/expectations Disconnect between No single Mismatch of skill employee's concept of responsibility and understanding expectations "source alignment to role of truth" for data WHEN FINANCE CONTRACT STAFF 24% OF COMPANIES USE TEMPORARY OR CONTRACT EMPLOYEES 20% EXCEEDS 20%, ORGANIZATIONAL OR GREATER STRESS IS LIKELY TOP 3 JOBS LOW IN GLAMOUR, HIGH IN DEMAND FINANCIAL INTERNAL TAX REPORTING AUDITORS ACCOUNTING SLOWEST GROWING GIGS ACCORDING TO CF O MAGAZINE 64% Number of CFO's surveyed looking to fill open positions within F&A: Purchasing managers, buyers and purchasing agents 7% GROWTH 58% Number of CFO's indicating the difficulty they've faced trying to fill those open positions Sources: Americanstaffing.net, The Intersect Group, Compensationforce.com, bls.gov, salaryexplorer.com, monster.com, CFO Magazine, APQC