Is your finance team prepared this summer?

finance meeting

With June already here, many workers will be getting ready for their well-deserved summer break; drink in hand, sun-cream lathered and not a PO in sight!

But what are the risks for active finance teams, with so much annual leave taking place?

  • Late payments
  • Projects & potential year-end prep on hold
  • Missed deadlines
  • Delayed hiring processes
  • Lack of momentum

Hiring an interim over the summer period is a smart way to counter those headaches.

Here are just some of the key advantages:

  • Coverage - Bringing on an interim will help maintain productivity and prevent backlogs whilst minimising burnout due to stretched teams.
  • Continuity - Keeps finance transformation, projects, system upgrades or audit prep work moving forward and ensures timelines are met.
  • Flexibility – You are not tied down to a long-term agreement. This gives you the chance to manage an increased demand (particular for tourism, leisure, retail sectors) with confidence.
  • Upskilling – It’s a fantastic way to bring in a fresh perspective and upskill exiting members of your team (who aren’t soaking up the sun in Majorca).
  • Experienced – Interim staff are usually highly experienced specialists in their field, whether that be payables, receivables, reporting, implementation or audit. They can focus on what needs to be done with minimal training.
  • Recruitment – With so many of your team away, it’s hard to commit your time to a hiring process. Unfortunately, the demand for another head does not take leave. Having an interim on-board can cover the existing need, or even flex their knowledge and help interview/on-board new staff.

If you take the appropriate steps to minimise the summer risks, you will be thanking yourself in September.

GET IN TOUCH

If you need help to hire temporary finance professionals for your firm, or seek your next interim finance career move, please get in touch with Bradley Chilvers on bradleychilvers@srmrecruitment.com or call +44 (0)7398 766803