When your finance team is stretched thin, you have options beyond posting a job. Here's how to weigh an extended team against a new hire.
When month-end starts slipping or your controller is working weekends, the instinct is to hire. Sometimes that's right. Often, extending your team is faster and more flexible.
When hiring makes sense
If the workload is permanent, predictable and requires deep institutional knowledge, a full-time hire is usually the right long-term answer.
When extending your team makes sense
If you need capacity now, need coverage during turnover or leave, or your workload spikes around close and year-end, a finance team extension gives you trained accountants without a recruiting cycle.
The hybrid approach
Many of our clients keep a lean in-house team for day-to-day operations and use Fintrix for close, reconciliations and reporting — getting depth and redundancy without adding headcount.