A logo for lyneer search group with a triangle in the middle.

2024 Accounting & Finance Hiring Trends

December 20, 2024

The accounting and finance industries are at a critical juncture as organizations grapple with evolving challenges and unprecedented opportunities in the talent market. From technological advancements and regulatory changes to shifting employee priorities, the 2024 hiring landscape demands strategic, forward-thinking approaches to recruitment and talent management.


At Lyneer Search Group, we’ve analyzed the latest trends shaping the accounting and finance sectors, offering insights and actionable strategies to help organizations attract and retain top talent.


Key Trends Impacting the Accounting & Finance Talent Market


1. The Rise of Specialized Skill Sets


With the integration of artificial intelligence (AI) and machine learning (ML) in financial operations, the demand for tech-savvy accounting and finance professionals is skyrocketing. Skills such as data analysis, financial modeling, and expertise in enterprise resource planning (ERP) systems are now prerequisites for many roles.


Data Insight:
A recent report by Deloitte indicates that 47% of CFOs rank technological skills as the most critical competency for future finance leaders.


Quote:
“As AI and automation transform the finance function, we’re seeing a growing demand for professionals who can combine technical expertise with strategic insights,” says
Scott Noga, Managing Partner at Lyneer Search Group.


2. Remote Work and Flexibility as Non-Negotiables


The shift to hybrid and remote work has become a key consideration for job seekers in accounting and finance. Employers who offer flexibility not only attract top talent but also improve retention.


Stat:
A 2023 study by Buffer found that 98% of remote workers would prefer to continue working remotely at least part-time, with a significant percentage of finance professionals citing flexibility as a top priority.


Strategy:
Highlight flexible work arrangements in job descriptions and tailor recruitment messaging to emphasize work-life balance.


3. Intensified Competition for Senior-Level Talent


Leadership roles in finance and accounting remain highly competitive as organizations seek experienced professionals to navigate regulatory changes and drive strategic growth.


Challenge:
The demand for CFOs, controllers, and senior auditors is outpacing supply, driving up salaries and benefits for these roles.


Quote:
“Senior-level positions require a unique combination of experience, adaptability, and vision. Organizations must be prepared to invest in both competitive compensation and cultural alignment to secure top-tier talent,” says
Vincent Crochunis, Senior Client Partner at Lyneer Search Group.


4. Diversity, Equity, and Inclusion (DEI) at the Forefront


Candidates increasingly prioritize employers that demonstrate a commitment to DEI initiatives. A diverse workforce fosters innovation, enhances decision-making, and aligns with modern workplace values.


Stat:
A 2024 Glassdoor report reveals that 76% of candidates consider a company’s DEI policies when evaluating job opportunities.


Strategy:
Promote your organization’s DEI efforts in recruitment materials and create transparent pathways for growth and inclusivity.


Challenges and Opportunities in the 2024 Hiring Landscape


Challenges


  1. Talent Shortages: With unemployment rates in accounting and finance at historic lows, competition for qualified candidates is fierce.
  2. Retention Risks: As Baby Boomers retire, organizations face knowledge gaps and leadership vacuums.
  3. Regulatory Pressures: Compliance with evolving regulations, such as ESG reporting requirements, increases the need for skilled professionals.


Opportunities


  1. Upskilling Initiatives: Invest in training programs to enhance employees’ technical and leadership skills.
  2. Employer Branding: Highlight company culture, flexibility, and growth opportunities to stand out in a competitive market.
  3. Leveraging Technology: Utilize advanced recruitment tools, including AI-driven applicant tracking systems (ATS), to streamline the hiring process.


Actionable Hiring Strategies for 2024


1. Implement Data-Driven Recruitment


Use analytics to identify trends, understand candidate behavior, and tailor your hiring strategy.


2. Invest in Employee Development


Offer robust training programs to build internal talent pipelines and reduce reliance on external hires.


3. Prioritize Culture and Fit


Cultural alignment is as important as technical skills. Use behavioral assessments and structured interviews to evaluate compatibility.


4. Partner with Recruitment Experts


Collaborating with specialized recruiters like Lyneer Search Group ensures access to top-tier candidates and market insights.


How Lyneer Search Group Can Help


At Lyneer Search Group, we specialize in connecting organizations with premier talent in accounting and finance. With our deep industry expertise and innovative approach, we help businesses navigate the complexities of the 2024 hiring landscape.


Why Choose Lyneer?


  • Tailored recruitment strategies that align with your goals.
  • Access to a vast network of skilled professionals.
  • Insights into market trends and competitive compensation packages.

Let’s Build Your Dream Team


For Employers:

Ready to attract the best talent in accounting and finance?


Find Top Talent

For Job Seekers:
Looking to advance your career in a competitive market?


Explore Career Opportunities

Download the Full Report:
Want to dive deeper into 2025 hiring trends?


Download the Complete Industry Report
Hiring Managers Secure Premier Talent Lyneer Search Group
By Karen Childers April 1, 2025
The data indicates salary premiums for those seeking to switch jobs is at the largest gap in years. This presents a unique opportunity for hiring managers to secure premier talent in the insurance and wealth management industries.
Job Search
By Karen Childers March 21, 2025
Candidates expecting a salary increase when switching jobs are often disappointed. Companies that expect top-tier talent to make a lateral move based solely on salary are struggling to fill positions. The wage increase for job switchers is at its lowest level in a decade. Instead of focusing only on base salary, particularly in insurance and wealth management, candidates should evaluate opportunities based on career growth, stability, total compensation, work environment, and skill development.
Wealth Management Fiduciary Officer job
March 14, 2025
Overcoming Location Challenges to Secure Top Fiduciary Talent for a Leading Family Office Wealth Management Firm.
Insurance Industry Leadership Breaking Barriers
March 3, 2025
A swiftly growing Property & Casualty (P&C) insurance carrier sought to hire a senior-level Pricing Actuary. Given the company's young and dynamic nature, the ideal candidate needed to be not only technically proficient but also adaptable, open-minded, and capable of contributing to the development of a structured team environment. Further complicating the search was the decentralized nature of the team, spanning multiple geographies.
International Women's Day 2025
March 3, 2025
Celebrate International Women's Day by exploring the impact of women in actuarial science, a high-growth, data-driven profession shaping industries worldwide.
International Women's Day
February 28, 2025
International Women's Day Most Common Occupations for Women
Finance Jobs at Stock Exchange
January 23, 2025
Financial institutions need to adapt to overcome these challenges and implement innovative solutions to attract and retain top talent.
View of City
January 23, 2025
Executive recruitment is evolving at a breathtaking pace, driven by advances in technology, shifting workplace expectations, and a growing focus on diversity and inclusivity. In 2025, companies must adopt cutting-edge strategies to secure top leadership talent. From artificial intelligence to sustainability-focused recruitment, these trends are shaping the future of hiring. Let’s explore the most transformative innovations to watch, how they’re impacting recruitment practices, and what organizations can do to stay ahead.
Negotiations for compensation
January 10, 2025
As an executive search firm, we have seen firsthand that compensation plays a central role in ensuring your best finance talent remains committed for the long term. But beyond simply offering a competitive salary, a thoughtful, well-rounded compensation strategy can reinforce trust, promote professional growth, and foster loyalty.
Key Hiring Trends 2025
December 20, 2024
The accounting and finance sectors in the United States are undergoing significant transformations as we approach 2025. Technological advancements, evolving work models, and a dynamic economic environment are reshaping the talent landscape. This report examines the latest hiring trends, challenges, and opportunities, providing actionable insights for organizations to refine their recruitment strategies.
More Posts
Share by: