Different Types of Consulting

Consulting is about versatility and selection.

There are lots of kinds of consulting jobs, offering healthy choices for skilled professionals who wish to enhance their work-existence balance and have more say about the kinds of projects they undertake.

Consulting can also be a beautiful choice for individuals who no more want the requirements of the full-time position but aren’t ready for retirement or professionals who would like to test a rather different profession in their own pace.

Companies depend on senior-level consultants for that specialized expertise they are able to affect key projects or business initiatives.

These may last days, several weeks or perhaps longer. Additionally to some flexible schedule, consulting offers advantages like the capability to expand your experience in many industries and choose assignments according to your requirements and availability.

83 % of top financial executives polled inside a Robert Half Management Sources survey stated they consider Consulting a beautiful career option. However, Consulting isn’t restricted to individuals who’ve C-level titles on their own resumes experience, skills and understanding are what matter most.

More and more, companies engage individual consultants through specialized staffing businesses that serve the fields where their customers need experience and targeted expertise.

Various types of consulting jobs

Financial consultants have been in demand in just about any industry. Their expertise is particularly critical within the following fields:

  • Business systems and business performance improvement
  • Finance and accounting
  • Finance optimization
  • Governance, risk and compliance(GRC)
  • Operations management
  • Taxation

55 % of CFOs in another Robert Half Management Sources survey who plan to usher in consultants stated they expect these to be for finance and accounting projects. Forty-5 % of CFOs within the survey stated they intend to use project professionals for taxation projects, while 50 % reported governance, risk and compliance as priorities.

Kinds of business financial Consulting roles vary from senior tax consultant and financial project manager to corporate accounting specialist and business systems analyst. Consultants will also be frequently known as of these roles:

  • Accounting Manager
  • Auditor
  • Controller
  • Finance and financial planning and analysis management
  • HR/benefits/payroll
  • Internal auditor
  • IT auditor
  • Senior Accountant
  • Senior financial analyst
  • Systems/ERP/business analyst

Experience and skills in demand

As companies find it difficult to keep pace with technology and comprehend the connected risks and possibilities, additionally they seek consultants experienced in the next:

  • Cloud-computing platforms
  • Enterprise resource planning (ERP) systems
  • Information security and knowledge-mining tools
  • Integrated financial reporting systems
  • Systems conversion projects

How consultants supports existing staff

The different sorts of Consulting possibilities open to skilled professionals may also be viewed based on the way a consultant will integrate with existing staff people. Options include:

Interim management – Consultants are introduced directly into assist companies in transition by serving in key management, for example CFO or controller.

Project management – These kinds of consultants possess the experience and expertise to guide projects with defined deliverables and timelines, like the implementation of the ERP system or preparation for an initial public offering.

Staff augmentation – When workloads spike, companies enlist the aid of consultants to alleviate the stress on core staff without getting to include full-time headcount that will not be needed long-term.