Traditionally, hiring managers visited top MBA programs, recruited from the CPA exam, or relied on referrals to find the best accounting and finance professionals.
As a result, a lot has changed in how recruiters source, interview, and hire accounting and finance staff over the years.The responsibilities and technical skills for positions such as business analyst, finance manager, and project accountant have changed. Companies are looking for finance professionals with anti-money laundering expertise, and knowledge in security, compliance, and government regulations.
African Americans represent just 1% of CPA new hires; and, unfortunately, from there, the percentage of Black/African-American CPAs who go on to become partners in professional services firms is even less than 1%. Resume reviews are time-consuming; recruiters default to screening candidates with backgrounds similar, or recognisable backgrounds to save time. This can reinforce gender and diversity norms as companies continuously hire the same “profile.”
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