Is the Accounting Talent Pool Drying Up?

Accountemps talent pool

Finding accounting specialists isn't easy these days. As more businesses recover from the recession and expand their accounting and finance teams, many hiring managers are wishing they had maintained a pipeline of talent in the years they weren't hiring. Those who kept a talent pool are able to fill key positions sooner and have an edge over their competitors in a market where more than half of employers report they're encountering challenges in recruiting skilled candidates.

It's not just accounting skills that are in demand, either. Businesses are increasingly fishing the talent pool for candidates with non-technical attributes such as leadership and business communication skills. Are you ready to start landing amazing catches? Use these tips to ensure your accounting talent pool is always filled to the brim:

Leverage your professional network

What's better: Sifting through boatloads of resumes or receiving a call from a trusted contact about a top performer looking for a new opportunity? It always pays to use your network to your advantage when hiring. Spread the word of your search to your contacts, and you'll have a greater likelihood of snapping up highly skilled candidates from the talent pool. Reach out not just to those in your area but to your social media and professional association connections as well. Post job openings on LinkedIn, Twitter and other social media, and encourage your contacts to share the posts with their acquaintances, too.

Agree to informational interviews

Informational interviews – casual conversations set up by individuals looking to learn more about a certain position or industry – are an excellent, no-pressure way to connect with professionals who are serious about their career paths and want to absorb all the advice and knowledge they can. If you're approached by someone seeking an informational interview, it's in your best interest to say yes – especially if the interviewee was referred to you by one of your professional contacts. Even though these chats aren't meant to be sales pitches for the candidates, many information seekers are actually fishing for a new job opportunity.

Reach out to a staffing specialist

Staffing firms are an ideal one-stop shop for finding in-demand talent for your company. Specialized staffing agencies, in particular, understand what you're looking for in accounting and finance candidates and can often quickly provide a short list of top contenders from their own talent pool. They're knowledgeable about trends and experts at networking, and the best firms will have ties to reputable professional associations, which further increases the number of experienced accounting and finance professionals they have access to.

So although it might sometimes seem like the accounting talent pool is drying up, don't give up. Making connections with your professional network, candidates seeking informational interviews and expert staffing specialists will ensure you will land new talent for your accounting team.