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Why Accounting Is Still an In-Demand Profession


Recent data indicate that the hiring of accounting and finance professionals is trending upward, and that isn't expected to end any time soon. That's because these employees are no longer simply providing financial planning expertise, they are also valued business partners with unique strategic insight. Dennis Whitney of the IMA explains why the hiring binge will go on post-pandemic.

Aug 4th 2021
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Whether you're just starting out on a career path in the accounting and finance profession or considering your next career move as an accountant, you're in luck. According to a report by the U.S. Bureau of Labor Statistics (BLS), over 14,000 jobs in accounting and finance were added in May.

At the same time, the BLS predicts that hiring in this field will continue to trend upward over time. Why is there an ongoing and large demand for accounting and finance professionals? 

As the U.S. looks toward post-pandemic growth, accounting and finance professionals, especially those with professional certifications, will continue to be sought out by employers. The BLS says, “As the economy grows, more workers should be needed to prepare and examine financial records.” However, accounting and finance professionals are in demand not only for their financial expertise, but also for their ability as strategic business partners, a major draw for organizations. 

There is fierce competition among employers to bring in new talent, and candidates with professional certifications have an added advantage. In my role overseeing the certified management accountant certification at the Institute of Management Accountants, I’ve noticed that certified professionals are always in demand.

The Competition for Talent

Several recent headlines mention what economists are calling the “Great Resignation,” which will cause a flood of new job openings and candidates in the job market. No field is an exception to this trend, as the pandemic and remote work have led many employees to reconsider their career trajectories.

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