Twenty percent of chief financial officers expect to hire full-time accounting and finance employees in the first quarter in the first quarter while 11 percent plan to reduce staff, according to the recent Robert Half Financial Hiring Index.

While hiring is expected to grow, companies are still having trouble finding job candidates with the right skills to fill many key roles. In fact, 68 percent of respondents report having recruiting challenges, a jump from 59 percent in the fourth quarter and 41 percent in the third quarter.

"Competition for the best employees is intensifying, and, at the same time, these professionals are beginning to feel increasingly comfortable exploring new roles at other firms," says Max Messmer, chairman and CEO of Robert Half International. "Businesses are still selective when hiring but understand they need to move quickly once the right candidate is identified."

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