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​5 Red Flags to Avoid When Hiring Finance Professionals

​Here at Sharp Consultancy, we know just how important it is to hire the right person-not just in terms of experience, but also personality and overall fit within your business.Getting this wrong can be costly, not only financially, but in terms of time and effort spent on onboarding and training someone who ultimately might not work out.To help avoid this, Soraya Downing has put together 5 key red flags to watch out for when reviewing CVs or interviewing finance candidates: 1. Vague or General Responses A genuinely interested candidate will come to job interviews prepared with detailed answers that clearly link their experience and skills to the role they’re applying for. If their responses are vague or lacking depth, it can be a sign that they haven’t taken the time to prepare—or worse, they’re not truly engaged with the opportunity.Ideally, you want to hear specific examples backed up with figures or results. ​​It’s worth noting that bad answer doesn’t always mean the candidate isn’t prepared or doesn’t have the required experience, it could be that your question is confusing and needs rephrasing.For example, asking “Can you walk me through your main responsibilities in your most recent role, particularly those related to [payroll/management reporting/credit control/etc.]?” is likely to generate more specific and useful answers than a vague question like “Tell me about your most recent role.”​Try practising your question on a colleague or someone you manage and see if they struggle to answer. They will be able to help you scrutinise the question and suggest better wording or elaboration to avoid any confusion.If you require support with conducting job interviews or creating targeted interview questions, we’re always happy to help. With a team of over 25 consultants who each specialise within different areas of finance and accountancy recruitment, we’ve interviewed thousands of candidates — and we know what works. 2. Inconsistent Career HistoryWe fully support career moves—most of the time, they signal progression and ambition, which is great to see. However, when a CV shows a pattern of short-term employments with no solid explanation, or recurring reasons for leaving, this can indicate potential issues with commitment, adaptability, or performance.There can be many reasons why a candidate has several short-term roles on their CV. For example, they could have completed several temporary or short-term interim contracts without making this clear on their CV or they may have experienced a series of redundancies beyond their control. Always dig a little deeper in these cases, they may be acceptably explained but there could also be something bigger at play.When you engage with us as your recruitment partner, we will never put forward a candidate that hasn’t been fully vetted and their career history and suitability examined. We will have all already done the ‘deep digging’, so all short-term roles and employment gaps are explained to you from the get-go. It takes the guesswork out of the process and saves you valuable time. 3. Poor Communication SkillsIt’s natural for candidates to be a little nervous in interviews, but for senior finance roles in particular, strong communication is non-negotiable. If someone consistently gives vague answers, struggles to explain their experience, or avoids eye contact, it could raise concerns about how they’ll present to stakeholders or collaborate across teams. At this level, you’re looking for clear, confident communication—even under pressure.​If you’re unsure about a candidate’s communication skills, especially in a senior finance role, consider including a short task or second-stage interview focused on presenting or explaining a topic. For example, ask them to walk you through a recent financial project or prepare a brief summary of how they’d present key financials to non-finance stakeholders. This gives you a clearer sense of how they structure information, handle questions, and communicate under mild pressure. When you engage with us we’ll work with you to understand whether a candidate’s communication style will align with your specific team dynamics and stakeholder environment—something that is key to a successful long-term hire but often overlooked.​4. Lack of Curiosity or InitiativeTop finance professionals are naturally curious and proactive. They’re the ones who suggest improvements to systems or processes without being asked. If a candidate shows no interest in how they can add value to your business and the role, or doesn’t ask questions during the interview, that could be a red flag that they’re more reactive than proactive.Sometimes that might be exactly what you are looking for, but other times, recognising this about a candidate early on could be your saving grace in hiring someone unfit for the role in question.  5. No Signs of a Growth MindsetIf you’re hiring with the goal of developing someone long-term, look for signs they’re committed to personal and professional growth. This could be studying towards a qualification like ACCA, CIMA, or ACA or asking thoughtful questions about the business’s future.A lack of interest in development can often translate into a lack of long-term engagement to the role and your company. Even when not looking for a long-term hire, a candidate who exhibits no desire for their long-term career and growth can be a sign that they might not even stick it out for a shorter period of time.As your recruitment partner, it really helps to understand what you want out of a hire. Don’t be shy in telling us what skills and qualities you want and don’t want a new employee to have for the role you are hiring for. If you give us as much information about the role and the company as possible, we can then use this knowledge in our candidate selection process to only suggest candidates which have the necessary qualities you are looking for. Final Thoughts Sharp Consultancy has been recruiting finance professionals across Yorkshire for over 30 years. Our proven process allows us to spot these red flags early, helping our clients avoid costly hiring mistakes. By keeping the above points in mind, you’ll be in a much stronger position to hire the right finance talent for your team.If you're currently hiring, or planning to, and want to avoid the common pitfalls, we’d love to support you. From advising on interview strategy to identifying candidates with the right mix of skills and mindset, we’re here to make the process easier—and more successful.Soraya specialises in recruiting for permanent Part Qualified, Qualified by Experience and Qualified finance roles with salaries ranging from £30,000 to £50,000 across Doncaster, Rotherham, Barnsley, Worksop, Hull and the surrounding areas. Get in touch with Soraya today – sorayadowning@sharpconsultancy.com – 0114 261 1700 or SUBMIT A VACANCY.​

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Counteroffers in Finance Recruitment – How to Handle Them as a Candidate or Employer

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Retaining top finance talent is a challenge for any organisation. When you resign, it’s not uncommon for your current employer to make a counteroffer—perhaps offering a promotion, salary increase, or additional benefits—to try t​o persuade you to stay.

Similarly, when hiring finance professionals—whether a Management Accountant, Finance Business Partner, or Finance Director—you need to ensure that your chosen candidate accepts your offer and doesn’t return to their current role with an improved package.

Here’s how to navigate counteroffers effectively from both perspectives.

For Finance Professionals – Should You Accept a Counteroffer?

Before accepting a counteroffer, ask yourself:

  • Why now? – Why has your current employer only recognised your value once you’ve resigned? Have they been taking you for granted?

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  • Core reasons for leaving – If your motivation to move was career progression, work-life balance, or culture fit, will these issues really be resolved by more money?

  • Long-term impact – Accepting a higher salary now could make you overpriced in the market later if you decide to move on.

  • Relationships and culture – Does the working environment, leadership style, and overall culture align with your values? If not, a pay rise won’t fix this.

  • Opportunity for change – Can your employer genuinely address your concerns with structural changes, or is this just a short-term solution to retain you?

In finance roles—particularly at senior levels such as Financial Controller or Finance Director—loyalty and professional reputation matter. Remaining in a role that isn’t aligned with your ambitions could stall your long-term career progression.

For Employers – Avoiding Counteroffers in Finance Recruitment

If you’ve found your ideal finance candidate, preventing a counteroffer from derailing the hire requires strategy:

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  • Understand motivations – During the interview process, explore why they want to leave their current employer. If it’s purely for a pay rise, a counteroffer risk is high.

  • Know the market – Offer a competitive, fair salary in line with current market rates for accountancy and finance roles across Yorkshire.

  • Sell the opportunity – The recruitment process is a two-way street. Clearly outline career progression, exposure to senior stakeholders, and benefits such as flexible working or additional holiday purchase schemes.

  • Move quickly – Delays can allow counteroffers to surface. Once you’ve chosen your candidate, fast-track references, approvals, and offer paperwork.

  • Lead with your best offer – Make a strong initial offer to demonstrate commitment and avoid needing to match a counteroffer later.

  • Know when to walk away – If a candidate is purely motivated by salary and enters a bidding war, consider whether they are truly invested in joining your finance team.​

Making the Right Decision

Counteroffers can be tempting, but both candidates and employers should take a strategic approach. For finance professionals, think long-term about your career development, not just the immediate financial gain. For employers, ensuring a smooth, engaging recruitment process can help secure the best finance talent without entering counteroffer negotiations.

Looking for your next career move in finance or accountancy? At Sharp Consultancy, our expertise lies in matching your potential with the perfect temporary, interim, or permanent position. With a well-established presence in Leeds and Sheffield, our seasoned team of consultants extends their services across Yorkshire and beyond. Don't wait for opportunity to knock, reach out to us TODAY and let's chart your career path together.