Author

Marcus Barnes
Managing Partner
Finance technology is changing rapidly.
SAP, Microsoft Dynamics 365, Oracle, automation, advanced analytics and artificial intelligence are fundamentally changing how finance functions operate. Yet for many CFOs, the greatest constraint is not selecting the right technology. It is finding the people capable of making that technology deliver value.
The market increasingly requires finance professionals who understand both finance and technology.
That combination is becoming harder to find.
A systems specialist may understand an ERP platform exceptionally well but lack the finance experience to understand the operational consequences of changing processes. Conversely, an experienced finance leader may understand the business intimately but lack the technical knowledge required to lead a complex systems transformation.
The result is a growing talent gap at the intersection of finance and technology.
Finance systems are becoming a leadership issue
ERP transformation was historically treated as a technology programme.
That is changing.
For CFOs, the finance system increasingly determines the quality of financial information, the efficiency of core processes and the ability of the function to support decision making.
A poorly configured or poorly adopted system can create significant operational consequences.
Manual reconciliations increase. Reporting becomes slower. Data quality deteriorates. Controls become harder to maintain. Finance teams develop workarounds outside the system.
The result is often a finance function that has invested significantly in technology without achieving the expected improvement in performance.
This is why finance systems transformation increasingly requires finance leadership.
The question is no longer simply whether an organisation has implemented SAP or Dynamics 365.
It is whether the organisation has the capability to make the system work for finance.
The missing profile
The most valuable professionals increasingly sit between traditional finance and technology.
They understand how a finance function operates, but also understand how technology can change it.
They can discuss chart of accounts design with the Financial Controller, data architecture with the IT Director and business requirements with the CFO.
They understand month end close, financial controls, forecasting and management reporting, but can also navigate ERP configuration, data migration, integrations and process automation.
These professionals are not necessarily traditional IT consultants.
They are finance professionals who have developed significant systems and transformation experience throughout their careers.
That distinction matters.
Why these people are difficult to recruit
There are several reasons.
They are already employed
Experienced finance transformation professionals are often in high demand. People who have successfully delivered major SAP, Dynamics 365 or Oracle programmes tend to build valuable reputations and strong professional networks.
They are therefore less likely to be actively applying for roles.
Their experience is highly specific
A business implementing Dynamics 365 may not simply need someone with general ERP experience.
It may need someone who has previously led a Dynamics 365 Finance implementation, understands finance processes and has operated in a similar organisational environment.
The same applies to SAP S4HANA, Oracle Cloud and other major platforms.
The deeper the requirement, the smaller the available talent pool.
Transformation experience cannot be learned quickly
Understanding an ERP system is one thing.
Having lived through a complex transformation is another.
Experienced professionals understand the practical challenges of implementation, including data migration, stakeholder management, process redesign, testing, adoption and post implementation stabilisation.
That experience can significantly reduce risk.
The rise of the hybrid finance professional
We believe the market is moving towards a new type of finance professional.
The traditional career path might have been:
Accountant → Financial Controller → Finance Director → CFO
Increasingly, we are seeing alternative paths:
Accountant → Finance Systems → Transformation → Finance Leadership
Or:
Finance Manager → ERP Programme → Transformation Director → CFO
These professionals can become particularly valuable during periods of significant change.
They understand the finance function because they have worked within it, while also understanding the technology and transformation required to modernise it.
For organisations undertaking major transformation, this hybrid experience can be more valuable than either pure finance or pure technology expertise alone.
What should CFOs do differently?
The first step is to define the capability required before defining the role.
Rather than asking:
"We need someone with SAP experience."
Ask:
"What outcome do we need this person to deliver?"
It might be a new ERP implementation.
It might be improving the finance operating model.
It might be reducing the month end close.
It might be integrating an acquisition.
It might be improving reporting and data quality.
Once the outcome is clear, the required experience becomes much easier to define.
The second step is to consider whether the capability needs to be permanent.
Not every transformation capability needs to become part of the permanent organisation.
A business may require an experienced programme leader for twelve months, a specialist data migration lead for six months or a finance transformation director for the duration of an ERP implementation.
Accessing specialist expertise for the period in which it is needed can provide greater flexibility than building every capability internally.
Building the finance function of the future
The finance function of the future will require a combination of accounting expertise, commercial understanding, technology capability and transformation leadership.
CFOs therefore need to think differently about their talent strategy.
The question is no longer simply:
"Who can run finance?"
It is increasingly:
"Who can transform finance?"
That distinction is becoming strategically important.
The organisations that successfully modernise their finance functions will not necessarily be those with the largest technology budgets.
They will be the organisations that combine the right technology with the right people, experience and leadership to make it work.
The opportunity
The finance systems talent gap is unlikely to disappear.
ERP platforms will continue to evolve. Finance functions will continue to digitise. AI and automation will create new opportunities for efficiency and better decision support.
The demand for professionals who can bridge finance and technology is therefore likely to increase.
For CFOs and transformation leaders, finding those people early may become a competitive advantage.
Technology provides the platform. Experienced finance professionals turn it into performance.



