A new survey of corporate accountants found that 46 percent said their company could do more to prepare for recovery and another 8 percent believe their company is poorly prepared for recovery.
The online survey of 486 finance professionals by the Institute of Management Accountants and Ajilon Finance also found that 92 percent believe finance has played a more strategic role in helping companies manage during the downturn. Only 8 percent of the accountants polled believe finance was less important in helping their companies manage during the recession.
As our economy enters a period of recovery, managers will need to handle a host of new challenges and opportunities from how much to invest in capital improvements to when to start hiring again, said Ajilon Finance Solutions regional practice director Andrew Reina in a statement. All of these changes mean companies will need to have a solid grasp of their financial picture and hiring requirements. Out-of-work accounting and finance professionals should also take this opportunity to emphasize their self starter skills and how they can hit the ground running on key projects.
