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Bringing the Discipline of Finance to HR

For finance professionals, a sidestep into human resources can benefit both the company and, believe it or not, their own career prospects.

Marshall Krantz, CFO.com | US
May 23, 2008

Going Back to HR

I spent the better part of a career in HR Management, US Army style, retiring as an Assistant Adjutant with duties in the deactivitation of the 2nd Armor Division (during wartime yet). When I retired I found most HR management positions required a BS Degree, so I got one in Accounting (with emphasis in Cost). Now after 12 years in financial accounting I would rather go back into HR Management with the abilities I gained in the Financial Accounting world, yet when applying I get a response not equal to what this article states. So what does one have to do?

Posted by Bob Kinsler | May 29, 2008 01:24 pm

Huh?

Maybe it's me, but transferring someone from finance/accounting who was already managing payroll and benefits (and by managing I mean ensuring payroll and related benefits are actually recorded properly in the books and records of the company) to the HR department does NOT make HR as a whole, a financially astute group. If HR is to make any meaningful impact on the success of the company, concentrate efforts on ensuring quality managers exist within the company who achieve results and drive efficiency. Help ensure ALL positions are truly necessary and add value to the company. This might mean trimming their own staff in the process.

Posted by Benjamin Algeo | May 27, 2008 09:44 am

Best of both fields

Working in the financial end of the Not-for-Profit Sector for more than 20 years, I was somewhat pushed into the HR field as there were not any HR professionals in the organization. It started as training needed for survival skills - to keep our agency & managers out of court, but soon became a way to examine both the financial & human factors when evaluating services, benefits & cost proposals. I eventually received my SPHR (Senior Professional in Human Resources) certification. I believe that having this training & experience is good for both the individual & the organization. More colleges should incorporate at least these basics into their curriculums!

Posted by Gene Auman | May 23, 2008 11:06 am

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