August 2024

Welcome to our August edition of CareersinAudit.com Insider, where you can keep updated with the latest news and gain valuable insights into the world of recruitment for the Audit & Governance Industry.

Accounting on the move: the rise of remote and hybrid work

The accounting industry, traditionally known for its office-bound culture, is undergoing a shift. A recent report by Indeed reveals a staggering 7.2% year-over-year increase in remote and hybrid job postings, signalling a growing acceptance of flexible work arrangements within the sector.

As the demand for remote and hybrid roles continues to climb, it's clear that candidates are prioritising work-life balance and autonomy. Firms must adapt to attract and retain top talent.

GenAI: The New Audit Assistant

Generative AI is rapidly transforming the business world, and internal audit is no exception. A recent study revealed that 41% of internal audit teams are already leveraging or planning to adopt GenAI this year. This surge in adoption underscores the technology's potential to revolutionise audit processes, enhance efficiency, and help with hiring.

For Candidates:

?? Level up your skills: GenAI tools can help you craft compelling resumes, generate insightful reports, and elevate your work

?? Boost communication & accelerate growth: fine-tune your professional interactions and fast-track your career advancement

For Recruiters & Employers:

?? Personalised development: leverage GenAI to tailor development plans to individual needs and automatically summarise performance feedback for efficient management

?? Diversity & Inclusion: GenAI can rewrite job descriptions with inclusive language and streamline the assessment of employee surveys, all in the spirit of DEI initiatives

By enhancing skills and fostering a culture of learning and development, GenAI paves the way for a more skilled, engaged, and future-proof workforce.

While the benefits are clear, it's essential to approach GenAI adoption with a strategic mindset. Organisations must invest in training and development to equip their audit teams with the skills needed to effectively harness AI's capabilities.

Are you ready to embrace the future?

Strategy: 3 efficient recruitment strategies

Finding the perfect fit for your specialist team can be tough. But with the right approach, you can attract top talent and build a strong talent pipeline. Find out more by clicking on the post below ??

Article: Is your compliance function keeping pace? ???

Regulations are evolving faster than ever. Learn how to build a future-proof compliance team ??

Report: Diversity & Inclusion 2024

Is the Audit & Governance industry closing the Diversity & Inclusion gap? ??

Regulators (FCA & PRA) are pushing for change, but attracting diverse talent remains a challenge. Download our report for insights to help you recruit inclusive teams ??

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