Trends by Function: Finance

Each year, Business Talent Group releases our High-End Independent Talent Report, looking across industries and business functions to analyze how business leaders deploy independent consultants, executives, experts, and project managers to complete critical work and meet their goals. Here are the top trends in how finance leaders deployed these highly skilled talent in 2020.

The modern finance function has a massive scope—and it’s only getting bigger. Independents are helping with all of it, working on projects that range from core priorities like budgeting to big-picture items like organizational transformation. CFOs are also the most-requested type of interim executive.

PROJECT CATEGORIES: Finance

50% Strategy
31% Operations
13% Interim Executive
6% Transformation
 


MOST IN-DEMAND PROJECTS

Business Processes

Planning

Growth Strategy

Interim Executive

M&A

Innovation and R&D

Service Operations

 

MOST IN-DEMAND SKILLS

Growth Strategy

Strategic Planning

Process Optimization and Transformation

Shared Services

Sourcing and Procurement

 

SAMPLE FINANCE PROJECTS

  • Overhaul and improve the usability of an outdated budgeting tool used by franchisees
  • Analyze data to create a compelling strategic plan presentation for executive leadership
  • Serve as interim CFO for a new subsidiary
  • Develop appropriate Key Performance Indicators (KPIs) and Service Level Agreements (SLAs) across back-office functions
  • Establish a shared services Center of Excellence within the R&D finance organization

 

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