Finance and accounting sector faces escalating talent shortage

The finance and accounting sector is facing an escalating talent shortage, with the number of open positions rising sharply, according to a new report released by Personiv, a division of eClerx. 

The CFO Pulse Report: 2025 Talent Outlook reveals that open finance and accounting roles have surged by 150% in the past year alone.  

The study also found that 87% of decision makers now recognise the existence of a talent shortage—the highest level of awareness since the survey’s inception in 2020, when only 63% acknowledged the issue. 

The report highlights that one in five respondents believe the talent shortage is worsening.  

In response to growing workforce challenges, more finance and accounting leaders are turning to technology.  

A reported 21% of decision makers have prioritised the use of AI and automation to streamline operations and reduce manual workloads in 2025.  

Only 12% of organisations surveyed have not yet implemented AI or automation in any form, the report said.  

Personiv Finance and Accounting Outsourcing global head Matt Wood said: “Accounting and finance organisations that are using AI and automation are creating greater operational efficiencies, reducing costs, and improving employee work-life balance. 

“These advancements in the finance sector are putting organizations in a better position to attract and retain scarce talent.” 

Personiv FAO Services VP and general manager Megan Weis said: “The latest survey data shows greater focus on technology as a solution to staffing shortages, and we found that more decision makers are aware of how important work-life balance, learning opportunities, and competitive pay are to job seekers. 

“We’re seeing evidence of changes in mindset and strategy in a very traditional field. This year marks a shift from awareness to action as leaders implement new solutions at scale.” 

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