What to look for in a finance team

What to look for in a finance team

When hiring your finance staff, you need to be aware of the skills that are required. You should look for both hard and soft skills in finance.

Market awareness

Your finance team members should be well-versed in your business environment.

It is important to have a thorough understanding of the market and its dynamics, as well as staying up-to-date on economic factors, competitors’ activities and market opportunities.

Hiring candidates who have a thorough understanding of the market you are in will help you make well-informed business decisions, and develop a solid financial strategy.

Image credit

Financial project management

Financial project management includes planning, organising, and executing financial processes. Hiring someone with these skills is important if you are looking to build a solid foundation for your finance team. For an Accountancy Recruitment Agency, consider https://talentfinance.com

Accounts Payable and Receivable

Your finance team is responsible for the accurate and timely preparation, analysis and presentation of financial statements.

Employees must also be excellent communicators because they are required to give stakeholders clear insight into the financial health of the business, based on data from accounts payable and receivable.

Image credit

Expertise in mergers and acquisitions

To execute mergers and purchases (M&As) successfully, you need to pay attention to details, have a strategic mindset, and plan.

This skill is essential for employees in larger companies, as it allows them to handle complex legal and administrative tasks.


Any financial professional should be able to explain financial terms in plain English.

You want to hire candidates that can effectively communicate with all departments, and develop successful relationships with key stakeholders.


Finance teams need to be able to solve problems quickly.

You want to consult your financial experts when you are facing a problem. These solutions, however, must be based upon data. Strong analytical skills are therefore essential.


Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.