The Association of Chartered Certified Accountants (ACCA) has revealed that a robust culture of diversity and inclusion is becoming an indispensable component when it comes to hiring decisions. In particular, 78% of financiers think this is a crucial consideration for job openings. With over half of respondents expecting to make their next career move outside of their current employer, this revelation comes amid a talent shortage.
The most recent Global Talent Trends Survey 2024 conducted by the ACCA collected opinions from almost 10,000 professional accountants in 157 nations.
The poll covered a wide range of workplace topics, including mobility, mental health, hybrid working arrangements, and the effects of the cost-of-living problem, in addition to diversity and inclusion. One of the report’s key conclusions is the growing use of AI in financial roles, which indicates a revolution in the sector.
“Across Asia-Pacific, we’re witnessing a transformative phase where AI and digital technologies are not just tools but essential elements that redefine the value financiers bring to the table,” stated Pulkit Abrol, Director, ACCA-Asia-Pacific.
In addition, the poll clarified the talent dynamics in Asia-Pacific, where 58% of professionals anticipate a salary increase in 2024 in the face of challenges to the world economy. Abrol continued that half of the respondents believe they need to switch to a new organisation to meet their financial objectives, indicating employers should reconsider their talent retention strategy.
In today’s environment, having strong technical skills in finance is important, but soft skills such as problem-solving, initiative, communication, and adaptability are also crucial.
Abrol stated in the report’s conclusion, “ACCA is committed to supporting our community of members and future members through this journey, providing resources and platforms to enhance their skills and confidently embrace the future.” The report further highlighted the significance of ongoing learning and development to stay competitive in a quickly changing landscape.
