That skills shortage emerges in many pockets of business. A recent survey by Booz Allen Hamilton found only 18% of managers of federal departments believe their agencies have the capability to analyze Big Data. Wanted Analytics, which tracks the HR and recruiting industries, says demand for candidates with analytical skills is up 10% this year and those jobs are moderately difficult to fill compared to other HR jobs. Finance departments are not immune to the need for Big Data skills. According to a survey by CEB Financial Planning and Analysis Leadership Council, 71% of FP&A teams say that they fail to consistently deliver meaningful insights to the business.
How Finance Fueled Students’ And Nonprofit’s Future
We interviewed the borrowers CFO and presented our findings to RSFs credit committee for final approval. With this experience under our belts and with the knowledge that there are innumerable nonprofits that could benefit from impact investments, we devised sofiwire.com , a database for social enterprises to search for funding given their individual characteristics. Student interest isnt the only expanding aspect of impact investment. Financial firms including Goldman Sachs are turning to impact investing as another profitable revenue source that may do even more for their reputation than for their bottom line.
Yarmouth finance department could see reorganization
Heir apparent to the finance director position is Yarmouths current financial analyst Edward Senteio, whose background in software development, Hinchey said, suits him to the more technical side of town finances. After reviewing a number of candidates for the position of finance director, and interviewing three finalists at its previous meting, the Yarmouth Board of Selectmen voted this week to hire none of them, and to begin the process of reorganizing the towns finance department instead. In presenting the new plan, Town Administrator William Hinchey told the board that the search for a new finance director had failed to reveal a candidate with all the skills and qualities necessary for the position. That failure, he said, was due more to the evolving nature of the position than to any shortcomings of the candidates.