Accountancy struggling to find hires with AI skills
Many accountancy firms are finding it difficult to hire people who know enough about AI. Artificial intelligence is now used more in the workplace so employers want accountants who understand how to use it but the problem is that there are not enough candidates with real life experience.
Need for AI Knowledge Is Growing
Having knowledge and qualifications in accounting is still the most important factor for finance jobs, but employers now want people who can also use AI to help with analysing data, writing reports and improving processes. Many employers now expect candidates to have at least some experience using AI in a finance role. These changes have happened very quickly and it’s meant that many firms can’t find the right applicants for the jobs they have on offer. For accountants who work at Stroud accountants firms, like the example seen here, https://www.randall-payne.co.uk/services/accountancy/stroud-accountants/, learning new technology is now increasingly important.
Why Is There a Skills Gap?
One reason that finance teams have been slower to start using AI is because accountants deal with sensitive financial information and they need to be careful about compliance and security. More businesses are now starting to invest in the technology and research has shown that AI and data skills are becoming more important in finance but there are still plenty of accountants needed.
Employers now want people who know about both finance and AI. Until more professionals gain real life experience using AI with accountancy, many firms are likely to continue finding it difficult to fill finance roles.
