Today’s accounting and finance professionals are used to having a lot on their plates, but a new survey shows that growing to-do lists could be taking their toll. More than one in three (35 per cent) chief financial officers (CFOs) interviewed cited heavy workloads as the No. 1 workplace concern for their financial teams. Job security ranked second with 19 per cent of the response.

The survey was developed by Accountemps, the world’s first and largest specialized staffing service for temporary accounting, finance and bookkeeping professionals, and conducted by an independent research firm. It was based on telephone interviews with more than 1,400 CFOs across the United States.

Executives were asked, “Which one of the following do you think is the greatest source of work-related concerns for finance and accounting professionals?” Their responses:

>> Heavy workloads: 35 per cent;

>> Job security: 19 per cent;

>> Corporate governance mandates/compliance issues: 17 per cent;

>> Personnel issues (e.g., coworker conflicts, office politics): 14 per cent;

>> Work/life balance issues : 11 per cent;

“The combination of compliance mandates, traditional projects and shifting priorities has challenged accounting and finance professionals to keep up with their growing workloads,” said Max Messmer, chairman and CEO of Robert Half International. “The problem is further compounded by a shortage of highly skilled candidates in many specialties.”

Messmer continued, “Managers should closely monitor employees’ workloads to right any imbalances and maximize the productivity of the entire group. This might include realigning responsibilities, prioritizeing assignments and bringing in temporary support during peak activity periods.”

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