Check any online job board and you will find thousands of companies recruiting for finance professionals to work remotely. Like their counterparts in other parts of enterprises, CFOs and their direct managers understand the importance of recruiting the best and brightest finance professionals and then finding ways to integrate them into the company fully. On-premise finance work as the norm is today less important than a fully prepared, flexible and resilient finance team ready, willing and able to work in an all-remote way.
Many organizations have already discovered their finance groups can function quite well remotely. According to an Owl Labs survey, approximately 7% of finance/legal professionals work remotely. If your company had not previously dipped its toe into remote-work waters, COVID-19 “work from home” directives likely required your company to implement some or all of the following strategies:
Key tools and technologies needed to make the shift from in-person to all-remote collaboration for Finance teams might include:
In order for a Finance team to run well after being suddenly dropped into working all-remote, it bears repeating that it’s not for everyone. Human beings are social creatures after all. Be mindful of the following pitfalls your group may encounter when making the shift, forced or not:
As companies evolve to being able to shift to an all-remote setting on the fly, naturally their outlook about conducting business more routinely in a remote setting will also change. With that comes a number of great perks to their bottom line:
This guide will help Finance teams discover a natural rhythm to operating in a suddenly remote way. This rhythm will allow teams to identify key priorities, manage them effectively, and learn from their implementation in an iterative fashion, further informing the next priority tier as appropriate. As in any professional environment, open communications about learning as you make your way is essential.
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