
Essential data for finance leaders who can't afford to wait months for critical accounting hires
The accounting talent shortage has created measurable hiring challenges for US businesses. According to SHRM's 2026 benchmarks, nonexecutive positions take a median of 39 calendar days to fill, while more than two-thirds of organizations report difficulties hiring qualified candidates.
For CFOs and Controllers managing lean teams, these delays can affect financial reporting, increase workloads, and divert attention from strategic initiatives. Competition for experienced professionals makes efficient recruitment especially important.
The data highlights the importance of realistic qualification requirements, strong candidate evaluation, and access to experienced accounting professionals. Finance leaders increasingly explore AI-powered talent matching to identify rigorously vetted global professionals while maintaining hiring quality.
Key Takeaways
- 39 calendar days is the median time-to-fill for nonexecutive positions in 2026, according to SHRM.
- More than two-thirds of organizations reported difficulty hiring for open positions in 2026.
- 45% of surveyed CFOs identified a lack of skilled talent as a major workforce challenge.
- 55,152 accounting degrees were awarded in 2023–2024, a 6.6% annual decline.
- 115,300 annual accounting openings are projected by the Bureau of Labor Statistics through 2035.
Understanding Time-to-Hire in Accounting Recruitment
Time-to-hire measures the period between a candidate entering the recruitment pipeline and accepting an offer. For accounting roles, this metric helps finance leaders evaluate recruitment efficiency and identify delays.
Broader hiring benchmarks also provide context, although actual timelines vary depending on experience, credentials, compensation, and role complexity.
1. Median time-to-fill for nonexecutive positions reached 39 days in 2026
SHRM's 2026 recruiting benchmarks report a median time-to-fill of 39 calendar days for nonexecutive positions across surveyed organizations.
Although this benchmark covers multiple industries, it offers a reference point for accounting recruitment. Finance leaders can compare their hiring timelines against this measure while accounting for technical assessments, credential requirements, and seniority.
2. More than two-thirds of organizations struggled with hiring in 2026
According to SHRM research, more than two-thirds of surveyed organizations reported difficulties hiring for open positions in 2026.
These challenges extend across occupations and industries. For accounting employers, the finding emphasizes the importance of maintaining candidate pipelines, setting realistic compensation expectations, and establishing efficient evaluation processes before vacancies become urgent.
3. External candidates filled 97% of nonexecutive positions in 2026
SHRM's 2026 recruiting data shows that the median percentage of nonexecutive positions filled externally reached 97%.
This indicates substantial reliance on external recruitment among surveyed employers. For accounting departments, effective sourcing, candidate screening, and interview coordination remain important when replacing departing employees or recruiting specialized expertise unavailable within existing teams.
The Real Cost of Prolonged Accounting Recruitment Cycles
Extended vacancies can increase recruitment expenses and place additional responsibilities on existing finance employees.
Beyond direct hiring expenses, organizations must consider workload distribution, employee retention, and the resources required to replace experienced professionals.
4. Extra-large organizations experienced a 67% increase in recruiter workloads in 2026
SHRM reported a 67% increase in median requisitions per recruiter among extra-large organizations in 2026.
This finding concerns recruitment workload rather than accounting-specific hiring speed. Higher requisition volumes can make structured screening, consistent communication, and timely hiring decisions particularly important for organizations recruiting across multiple finance and accounting positions.
5. Replacing technical professionals can cost approximately 80% of their salaries
Gallup estimates that replacing professionals in technical roles can cost approximately 80% of salary.
This estimate is not specific to accounting employees, but it illustrates the financial implications of professional turnover. Finance leaders should consider recruitment expenses, lost productivity, training requirements, and employee retention when evaluating the broader costs associated with replacing experienced team members.
6. Approximately 42% of voluntary employee turnover was considered preventable
Gallup's employee retention research found that 42% of employees who voluntarily left their organizations believed their departure could have been prevented.
This finding highlights the importance of retention alongside recruitment. For accounting teams, regular employee conversations, manageable workloads, professional development, and responsive management can help address concerns before experienced professionals decide to leave.
Time-to-Hire vs. Time-to-Fill: Key Distinctions
Understanding these metrics helps finance leaders establish realistic expectations and identify recruitment bottlenecks.
Time-to-fill measures the broader recruitment process, typically from requisition opening to offer acceptance. Time-to-hire focuses on an individual candidate's progression through the hiring process.
Neither metric necessarily includes the period between offer acceptance and the employee's first working day.
7. Only 15% of surveyed CFOs reported no finance talent shortage
Deloitte's 2025 CFO survey found that only 15% of respondents reported no shortage of accountants or other finance talent within their organizations.
The survey covered 200 CFOs at large North American companies. For finance leaders, this finding demonstrates the prevalence of workforce constraints and the importance of proactive recruitment planning.
8. Approximately 45% of CFOs identified a lack of skilled talent as a major challenge
According to Deloitte's CFO research, 45% of surveyed finance chiefs identified a lack of skilled talent among their biggest workforce challenges in meeting executive expectations.
The finding reflects concerns beyond filling individual vacancies. Finance departments need professionals with suitable technical knowledge, business understanding, and experience to support expanding organizational responsibilities.
9. Approximately 44% of CFOs feared increased workloads from accounting shortages
Deloitte found that 44% of surveyed CFOs identified increased workloads for existing employees as their leading concern about accounting talent pipeline challenges.
For lean finance teams, unfilled positions can redistribute responsibilities across fewer professionals. Hiring plans should therefore consider employee capacity, operational deadlines, and the sustainability of temporary workload arrangements.
Addressing the Accountant Shortage: Impact on Time-to-Hire
The supply of accounting graduates and continued employer demand shape the competitive environment for qualified professionals.
Entry-level graduates, experienced accountants, and licensed CPAs represent different talent pools. Effective workforce planning requires understanding these distinctions rather than treating every accounting vacancy as interchangeable.
10. US institutions awarded 55,152 accounting degrees in 2023–2024
The AICPA's 2025 Trends findings recorded 55,152 bachelor's and master's degrees in accounting during the 2023–2024 academic year.
This figure represents educational output rather than the complete supply of available accounting professionals. Employers seeking experienced candidates must also consider career mobility, specialization, and qualified professionals already working within the accounting workforce.
11. Accounting degree completions declined 6.6% year over year
According to the AICPA's findings, accounting degree completions declined 6.6% during the 2023–2024 academic year.
Lower graduation numbers affect the flow of new professionals entering the accounting workforce. Employers developing long-term hiring strategies should consider graduate recruitment, mentorship, employee development, and broader candidate sourcing to supplement traditional university hiring channels.
12. Approximately 75% of accounting firms anticipated sustained or increased hiring
The AICPA found that 75% of surveyed firms that hired graduates in 2024 expected to hire the same number or more in 2025.
This finding reflects hiring intentions among responding public accounting firms. It provides context for competition over entry-level candidates and highlights the importance of developing recruitment relationships before specific vacancies arise.
13. Approximately 63% of employers identified skills gaps as a major barrier
The World Economic Forum's Future of Jobs Report found that 63% of surveyed employers considered skills gaps a major barrier to business transformation through 2030.
This finding covers multiple industries. For accounting employers, it reinforces the importance of evaluating technical expertise, software proficiency, analytical abilities, and adaptability when assessing candidates.
14. Approximately 59% of workers are expected to require training by 2030
The World Economic Forum estimates that 59% of workers will require training by 2030 to address changing skill requirements.
This global workforce projection highlights the importance of professional development. Accounting organizations should consider how evolving technology, reporting requirements, and analytical responsibilities affect both recruitment criteria and ongoing employee training.
Accelerating Accounting Recruitment: A Modern Approach
Recruitment efficiency depends on clear job requirements, timely evaluations, and access to appropriately qualified candidates.
For finance leaders, improving these processes can reduce administrative friction without eliminating technical assessments or necessary hiring safeguards.
15. Approximately 70% of employers plan to hire workers with new skills by 2030
The World Economic Forum reports that 70% of surveyed employers expect to hire employees with emerging skills by 2030.
This reflects changing workforce requirements across industries. Finance leaders recruiting accountants and analysts should evaluate candidates' ability to work with modern financial systems, analyze data, and adapt to evolving responsibilities.
16. Approximately 49% of CFOs prioritize automation to free employees for higher-value work
Deloitte's 2026 CFO findings show that 49% of surveyed finance chiefs identified process automation that frees employees for higher-value responsibilities as their leading finance talent priority.
This underscores the relationship between workforce planning and technology adoption. Organizations should consider how hiring decisions complement automation initiatives and support employees undertaking analytical and strategic responsibilities.
17. Accountant and auditor employment is projected to grow 5% through 2035
The Bureau of Labor Statistics projects 5% employment growth for accountants and auditors between 2025 and 2035.
This exceeds projected average employment growth across occupations. Companies planning finance team expansion should account for increasing workforce demand while maintaining recruitment processes that identify candidates with relevant qualifications and practical accounting experience.
The Vetting Advantage: How Rigor Reduces Time-to-Hire Risk
Fast recruitment is valuable when it leads to qualified professionals who can meet organizational expectations.
Technical assessments, credential verification, communication evaluations, and relevant work experience remain important when hiring accountants, financial analysts, and finance leaders.
18. Approximately 87% of CFOs expect AI to be important to finance operations
Deloitte reported that 87% of surveyed CFOs expect AI to be extremely or very important to their finance department's operations in 2026.
This finding highlights the changing technical environment within finance functions. Employers should assess candidates' familiarity with relevant technologies alongside accounting fundamentals, professional judgment, and the ability to work effectively with existing financial systems.
19. Approximately 62% of financial services workers gained career-relevant skills in 2025
PwC's 2025 workforce survey found that 62% of financial services workers had learned new skills at work during the previous year that were helping their careers.
The finding reflects financial services employees broadly, not accountants exclusively. Finance leaders should consider candidates' ongoing professional development alongside their existing qualifications and experience.
MAVI's five-stage vetting process evaluates candidates through experience screening, technical assessments, communication interviews, and credential verification. Employers can interview shortlisted professionals to assess their suitability for specific accounting responsibilities and existing team structures.
The Global Talent Advantage: Impact on Accounting Time-to-Hire
Expanding beyond local talent pools provides access to experienced professionals with different industry backgrounds, compensation expectations, and technical capabilities.
For US finance departments, global recruitment requires careful consideration of accounting standards, communication skills, working-hour overlap, and experience supporting American businesses.
Market and Compensation Context
20. Approximately 115,300 accounting positions are projected to open annually
BLS projections anticipate 115,300 annual openings for accountants and auditors from 2025 through 2035.
These openings include employment growth and replacement demand. For finance leaders, the figure demonstrates sustained recruitment activity and reinforces the importance of maintaining candidate pipelines rather than beginning every search after a vacancy appears.
21. Accountants and auditors earned a median annual salary of $83,680 in 2025
The Bureau of Labor Statistics reports median annual earnings of $83,680 for accountants and auditors in May 2025.
This national benchmark provides compensation context for recruiting accounting professionals. Actual salaries depend on experience, location, specialization, and responsibilities, making role-specific compensation planning essential when evaluating domestic and international hiring options.
Employer Response Strategies
Finance teams can strengthen recruitment by adjusting hiring practices to match each position's responsibilities:
- Separate essential accounting qualifications from preferred credentials.
- Evaluate technical proficiency and practical experience.
- Establish structured interviews and timely hiring decisions.
- Consider experienced global professionals for suitable positions.
- Maintain consistent onboarding and performance expectations.
22. Approximately 50% of financial services workers expect AI to improve job security
PwC's 2025 workforce research found that 50% of financial services employees believed AI would improve their job security over the following three years.
This reflects expectations across financial services rather than accounting alone. Employers recruiting finance professionals should communicate how technology supports employee responsibilities, professional development, and long-term career opportunities.
Regional Variations
Geography affects compensation expectations, candidate availability, and working arrangements.
For US companies considering global finance professionals, relevant factors include working-hour compatibility, employment regulations, communication proficiency, and experience with US accounting practices.
23. Approximately 51% of non-managerial workers reported sufficient learning resources
PwC's 2025 global survey found that 51% of non-managerial employees believed they had the resources needed for learning and development, compared with 72% of senior executives.
This difference highlights uneven access to professional development. Finance organizations recruiting internationally should consider structured training and support alongside existing candidate qualifications.
MAVI's global talent platform helps US companies identify experienced finance and accounting professionals across international markets. AI-powered matching and human-led screening support candidate selection based on role requirements, accounting knowledge, professional experience, and technical capabilities.
Hire Vetted Global Finance Talent Faster With MAVI
Accounting recruitment challenges require more than faster interviews. US companies need qualified professionals who can contribute to finance operations while integrating with existing teams and workflows.
MAVI helps companies hire experienced global finance and accounting professionals through AI-powered matching, rigorous vetting, and human expertise.
With MAVI, finance leaders can:
- Access vetted talent: Connect with experienced professionals who have completed technical, communication, and credential assessments.
- Accelerate hiring: Identify relevant global candidates without building every search from scratch.
- Embed expertise: Hire professionals who work within existing finance teams and reporting processes.
- Reduce complexity: Simplify candidate sourcing, evaluation, and recruitment coordination.
- Improve hiring ROI: Explore competitive global talent options while maintaining quality expectations.
- Maintain continuity: Benefit from ongoing support after placement.
Whether hiring a Senior Accountant, Accounting Manager, or Controller, MAVI helps organizations approach recruitment with greater flexibility and confidence.
Explore vetted finance talent and discover a simpler way to strengthen your accounting team.
Frequently Asked Questions
What is the average time to hire for accounting roles in the current market?
There is no single authoritative average covering every accounting position. SHRM's 2026 data reports a median time-to-fill of 39 calendar days for nonexecutive positions across industries. Actual accounting recruitment timelines depend on seniority, credentials, location, compensation, and candidate availability.
How can I reduce time to hire for critical finance positions without compromising quality?
Organizations can establish clear role requirements, prepare structured technical assessments, coordinate stakeholder interviews, and evaluate candidates promptly. Expanding searches to rigorously vetted global professionals can also improve access to suitable talent while maintaining appropriate qualification checks.
What's the difference between time to hire and time to fill, and why does it matter?
Time-to-hire measures the period from a candidate entering the hiring process to accepting an offer. Time-to-fill generally starts when a requisition opens and ends at offer acceptance. Tracking both helps finance leaders identify whether delays originate during sourcing, screening, interviews, or hiring decisions.
Does leveraging global talent improve time-to-hire for US companies?
Global recruitment expands the potential candidate pool and can help employers identify qualified professionals beyond immediate geographic markets. Actual recruitment speed depends on candidate availability, vetting, interviews, employment arrangements, and onboarding requirements. Organizations should prioritize technical qualifications and team compatibility alongside speed.
What are the biggest challenges finance leaders face in reducing time-to-hire for accounting roles?
Common challenges include specialized experience requirements, competition for qualified professionals, compensation expectations, limited candidate availability, and lengthy evaluation processes. Finance leaders can address these issues through structured recruitment, clearer role definitions, proactive workforce planning, and access to broader professional talent networks.


