Interim vs Permanent Finance Hires: What's right

Behind the Desk: Getting to Know Soraya Downing

For the second instalment of Behind the Desk, we’re catching up with Soraya Downing to hear all about her journey into recruitment and beyond.Having spent nearly six years in recruitment — and the last few focusing on Qualified and Part Qualified finance roles across South Yorkshire — Soraya shares some honest reflections on what she’s learned, what keeps her motivated, and a few things she’s picked up along the way. From F1 to strong tea, here’s a closer look at the person behind the role. Understanding the Journey: Personal Insights and Inspirations You've been in recruitment for nearly six years now — what first attracted you to the world of finance and accountancy recruitment, and what’s kept you here?Wow, six whole years — time really flies! I’ve always been interested in Accountancy and Finance, which started back in school when I studied Economics and Business. For me, the world of finance is like a window into the health of the UK market and how businesses are performing. It’s a constantly evolving field, which keeps things interesting and motivates me to keep learning and improving. When you’re not working, how do you like to spend your time? Any hobbies or interests? Outside of work, I love going on long walks and hikes, and spending quality time with my family and my partner, Simon. We enjoy going out for food and cooking together at home. I’m also a regular gym-goer — it really helps me keep balance. And when I’m relaxing, I’m a big fan of watching Formula 1! Who or what has had the biggest influence on your professional mindset or values? Definitely my mum. She’s always been a standout role model for me — managing stressful, high-pressure roles while still balancing work and family life. She’s always taught me to stay true to myself and to lead with integrity, which are values I carry with me every day. Industry Perspective: Lessons and Approaches in Recruitment Looking back on your career so far, what’s one standout lesson that’s shaped how you approach your role today? The biggest lesson for me has been to always be myself. There’s plenty of great advice, tips, and tricks you can learn from others — and I’ve definitely picked up a lot along the way — but staying true to who I am has made the biggest difference. People buy from people, and being genuine has helped me build stronger, more honest relationships. What’s one thing you wish more people knew about working in recruitment? It’s definitely harder than it looks! Most people don’t last more than a year in recruitment — it takes a certain type of person to handle the highs and lows and really stick with it. It’s so much more than just sending a CV and hoping for the best. You’re dealing with people, their careers, their lives, and everything that comes with that. It’s about building trust, managing relationships, and being resilient when things don’t go to plan. What makes recruiting for Qualified and Part Qualified roles in South Yorkshire unique or particularly rewarding? I really enjoy speaking with senior people in the finance space — the conversations are often business related, much wider than just finance, as well as in-depth and strategic. I love the relationship-driven aspect of recruitment at this level which adds to the enjoyment of working with both my clients and candidates. It suits me because I genuinely care about people and the positive impact the right move can have on their career, or the right hire can have on the businesses I work with. The Person Behind the Recruiter: Fun and Light-heartedTea or coffee — and how do you take it? Definitely tea — strong, dark, and two sugars please! What’s your favourite way to unwind after a hectic week? I love going for a walk or hitting the gym with my music on — it’s the best way for me to switch off. What I listen to totally depends on my mood... could be Stormzy one day and a bit of 80s the next (haha). If you could turn back time and give yourself one piece of advice at the start of your career, what would it be? It’s actually advice I still use now — confidence comes from putting yourself in uncomfortable situations. No matter what level you’re at, we all experience moments of doubt. Whenever I find myself in a challenging situation now, I remind myself of that, and it gives me the push I need to keep going. The Future in Focus: Aspirations and Industry Outlook What motivates you to keep growing and evolving as an experienced recruiter?I’ve always loved learning — if there’s a way to become better, faster, and more efficient in my process, I’m all for it. Whether it’s through podcasts, training sessions, or learning from others in the business, I’m constantly looking for ways to improve. What really drives me is the excitement of being the best at what I do and knowing I’m adding real value to the market and to the people I work with. Are there any emerging skills or qualities that you think will become more valuable for Part-Qualified Finance Professionals in the near future? There’s definitely been an increase in demand for finance professionals with strong commercial skills. It’s not just about processing numbers — businesses want people who can add value, influence decision-making, and really understand the wider impact of finance on operations. I’d recommend part-qualified professionals actively look for opportunities to get involved in commercial conversations, attend meetings, and contribute to decision-making processes. Building that confidence and presence early on, especially in face-to-face settings, will make a big difference to long-term progression. From your experience, what’s one practical change you think your clients and candidates could make to improve their recruitment journey? For my clients, I’d recommend working on an exclusive basis rather than using multiple agencies. Time and time again, I’ve seen how multi-agency approaches cause unnecessary confusion — duplicate applications, lack of control over how their brand is represented in the market, and mixed messaging to candidates. Trusting one recruiter gives you much better control of the process, a consistent message, and a more thorough market mapping approach. For my candidates, I’d give the same advice — stick with one agency you trust. Your reputation in the market matters. If your recruiter isn’t offering to meet you in person (unless distance makes it impractical) and is relying solely on Teams, that’s a red flag. Meeting face-to-face allows us to properly understand who you are, what you’re looking for, and how to represent you in the best light. It makes all the difference in a competitive market. . Thinking About Joining the Team?It’s great to hear Soraya’s take. She brings such a grounded, thoughtful perspective to everything she does. Whether it’s building genuine relationships or staying curious about what’s next, it’s clear she’s got a real passion for the work and the people involved. We’re looking forward to seeing where the next part of her journey takes herIf Soraya's story has inspired you and you’re interested in building a career in recruitment with a supportive, people-focused team—we’d love to hear from you. We’re always on the lookout for passionate individuals who want to make a real impact. Get in touch for a confidential chat about life at our company and the opportunities we have available.0113 236 6300 / 0114 261 1700 - contact@sharpconsultancy.com

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Having specialised in placing senior interim accountants in Yorkshire for over 20 years, I’ve seen all kinds of reasons behind the need for a business to recruit new finance staff but how many of those companies made the right call….at the right time?

The decision to hire an interim or permanent finance professional is a significant one, and it largely depends on the company’s specific needs, objectives, and resources. Both types of finance jobs have distinct advantages and can provide different types of value to an organisation. In this article, I’ll explore the key benefits of hiring an interim vs a permanent accountancy and finance professional.

Understanding the Roles: Interim vs. Permanent Finance Professionals

Before diving into the benefits, it's essential to understand the fundamental differences between interim and permanent.

Interim Finance Professionals

Interim Finance Professionals are typically brought in on a short-term basis to address specific challenges or temporary gaps within a company.

These professionals are usually highly experienced, often with a broad skill set, and are capable of stepping into a role quickly. Interim finance professionals might be hired for a variety of reasons, including covering for a permanent employee on leave, assisting with a specific project, managing transitions, or handling urgent financial needs.

A person is sitting on a green beanbag, holding a document in one hand and typing on a laptop with the other. The scene conveys focused work.

Permanent Finance Professionals

On the other hand, Permanent Finance Professionals are hired to take on a long-term role within the company. They typically have a more stable and ongoing relationship with the organisation, working closely with other departments and employees to ensure the company’s financial health is maintained and improved. A permanent finance professional is expected to provide continuous support, helping shape long-term strategies, and ensuring business growth and stability.

With these definitions in mind, let's explore the benefits of each type.

Benefits of Hiring an Interim Finance Professional

1. Flexibility and Immediate Impact:

One of the most significant advantages of hiring an interim accountancy/finance candidate is flexibility. Interim candidates are typically available to step in quickly, often within a matter of weeks or even days. This is especially beneficial for businesses that need immediate support within their finance function due to an unexpected situation or an urgent financial project.

For example, if a company faces a sudden crisis, such as the resignation of a senior finance executive, a business owner might need an interim finance leader to fill the role temporarily. The interim candidate can quickly assume responsibilities, such as overseeing cash flow management, financial reporting, and budget planning, allowing the business to continue operating smoothly during the transition period.

Additionally, interims can be engaged for specific, short-term projects, such as managing the implementation of a new financial system, preparing for audits, or dealing with temporary increases in workload. The flexibility of interim senior finance roles makes them ideal for businesses looking to meet specific short-term goals without the need to commit to a permanent hire.

2. Cost-Effective for Short-Term Needs

A hand writing on a whiteboard with a red marker. The board features phrases like "Cost Effective" and "Well Informed." The scene conveys focus and planning.

Hiring an interim accountant can often be more cost-effective than hiring a permanent one, particularly for short-term or project-based needs. Interims are typically paid a daily or weekly rate, which means businesses do not need to cover the long-term costs associated with a permanent employee, such as pensions, healthcare, and other benefits.

For companies operating on tight budgets or with fluctuating financial demands, hiring an interim professional can be a way to access high-level expertise without committing to the ongoing costs of a permanent hire. This is particularly valuable for small and medium-sized enterprises (SMEs) that may not have the financial capacity to employ a full-time senior finance professional with the expertise required to fulfil their requirements.

3. Expertise and Specialisation

Interim finance professionals often bring a wealth of experience and unique knowledge to the table. Many have worked across various industries, providing them with a broad understanding of different financial challenges and solutions. Their expertise enables them to quickly assess the situation, identify the key issues, and implement strategies that can drive immediate improvements.

Whether it’s managing complex financial reporting, overseeing mergers and acquisitions, or implementing cost-saving initiatives, interim finance professionals possess the necessary skills to tackle these challenges quickly and effectively. For businesses that require specialised financial expertise on a temporary or interim basis, hiring an interim professional can be a great solution.

4. Support During Transitions and Change

Businesses that are going through periods of change—whether it’s a merger, acquisition, restructure, or IT system upgrade—can benefit from the support of an interim finance professional. These transitions often require specialist knowledge to ensure a smooth process.

They can help with tasks such as conducting due diligence, integrating financial systems, or managing financial communications with stakeholders. Their ability to handle high-pressure situations and adapt to challenges quickly makes them invaluable during periods of change.

5. Reduced Recruitment Risk

If a business is uncertain about hiring a permanent employee or simply wants to test the waters, hiring an interim can reduce the recruitment risk. They are often hired for their ability to deliver results quickly, without the long-term commitment that comes with a permanent role.

If the business is not satisfied with the interims performance, they can simply replace them without the added complications that come with a permanent hire. This can be especially important for businesses that may be unsure about the long-term financial strategy or need time to evaluate the suitability of a new hire before committing to them permanently.

Benefits of Hiring a Permanent Finance Professional

1.Long-Term Strategic Support

A woman in glasses sits at a table with two men, engaged in conversation and sharing ideas.

A permanent finance hire, hopefully, becomes an integral part of the company’s long-term strategy. This individual will be responsible for the company’s ongoing financial health, working closely with management to shape business decisions, optimise financial performance, and align the company’s financial goals with its strategic objectives.

Permanent finance professionals can help businesses by offering consistent advice on areas like tax planning, financial forecasting, and long-term investment strategies. They can also assist with employee development, fostering a strong financial team, and providing training and mentorship to junior staff members.

For businesses that require a stable, long-term financial presence to guide growth and sustainability, hiring a permanent finance professional is often the best option.

2.Stronger Company Culture and Relationships

One of the key benefits of having a permanent employee is their ability to build strong relationships within the company. Unlike interim professionals, who may only interact with a limited number of people during their contract, permanent professionals have the time to embed themselves within the company culture and form deeper connections with other employees, teams, and departments.

A permanent finance professional can work collaboratively with other departments, helping to align financial strategies with broader business objectives. Over time, they develop a deep understanding of the business’s operations, challenges, and goals, which allows them to make more informed decisions and offer tailored financial advice.

3.Continuity and Stability

Hiring a permanent finance professional ensures continuity and stability in your company’s financial management. This is especially important for businesses that require ongoing oversight and management of financial processes. A permanent professional will have a long-term commitment to the company’s financial success, ensuring that key financial tasks—such as budgeting, reporting, and compliance—are consistently handled.

Stability is particularly important businesses that require ongoing financial planning and risk management. A permanent finance professional will be able to navigate both the everyday challenges and the long-term issues that might arise, such as economic downturns, changes in regulation, or shifts in market conditions.

4.Deeper Understanding of the Business

A permanent finance hire has the time to truly understand the intricacies of the business. Over time, they become deeply familiar with the company’s goals, challenges, and nuances, which allows them to make better financial decisions and anticipate potential issues.

This in-depth knowledge helps to align financial decision-making with the company’s vision, ensuring that financial strategies support business growth in a meaningful way. Businesses that operate in competitive industries or rapidly changing markets can benefit from having a finance professional who is attuned to the local market conditions and the specific needs of the business.

5.Employee Retention and Development

A permanent finance professional is often tasked with developing and mentoring junior employees. By investing in the development of the finance team, they help ensure that the company has a pipeline of talent to support future growth.

For businesses that plan to scale or expand their operations, having a permanent finance professional who can recruit, train, and develop a team of skilled finance staff is a key advantage. This helps build a more robust and capable finance function within the company, which is especially important for long-term success.

Interim vs. Permanent Finance Professionals

A woman sat at a desk participating in an meeting on her laptop with another woman demonstrating something.

Both interim and permanent finance candidates offer unique benefits to businesses, and the choice between the two largely depends on the company’s specific needs and goals.

Interim finance professionals provide flexibility, expertise, and cost-effectiveness for businesses that need short-term support or specialised assistance. They are particularly well-suited for project-based work, transitional periods, or covering gaps in the workforce.

On the other hand, permanent finance professionals offer long-term strategic support, stability, and the ability to foster strong relationships within the company. They are ideal for businesses seeking continuous guidance on financial matters, long-term growth, and the development of a cohesive financial strategy.

Ultimately, the right choice for your business will depend on factors such as the scope of the work required, the financial health of your organisation, and your long-term goals. By carefully weighing the advantages of both options, you can make an informed decision that best supports the success of your business.

Need help deciding whether an interim or permanent finance professional is right for your business?

Stuart Douglass, Business Manager of Sharp Consultancy

At Sharp Consultancy, we’ve been advising and supporting businesses across Yorkshire for over 30 years—matching them with the right finance professionals at the right time. Whether you need immediate interim support or are planning a strategic permanent hire, our teams in Leeds and Sheffield can guide you through the options.

📞 Call us today on 0113 236 6300 / 0114 261 1700 or 📧 email stuartdouglass@sharpconsultancy.com to discuss your hiring needs with one of our expert consultants.

Sharp Consultancy is a specialist finance and accountancy recruitment partner for businesses across Yorkshire and the North East Midlands. With a deep understanding of the local market and access to a network of high-calibre professionals, we help organisations secure the talent they need to succeed. If you're looking to strengthen your finance team, CONTACT US to speak to one of our expert consultants to find out how we can help.

Interim vs Permanent Finance Hires: What's right for your business?