Tech role for finance officers as talent retention takes spotlight

53% of Irish CFOs say that managing a hybrid work model will be the biggest challenge in the post-Covid world

George Deegan, assurance partner, EY Ireland, says the biggest future challenge for the future of finance will be attracting candidates that have a broader range of skills, with relevant finance qualifications plus expertise in technology.

Finance officers see talent as the most significant risk to their organisations' growth strategy and long-term stakeholder value in a post-Covid world.

In a survey of the business leaders attending professional services firm EY's recent virtual CFO Forum, more than half (53%) of respondents said that managing a hybrid “home and office” work model was the biggest challenge they foresee for their organisations in the post-Covid world (over the next 24 months), with a further 20% saying that technological disruption posed by Covid was their number one concern.