Hiring Blind: Why We Ignore Red Flags
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A friend of mine recently started what was supposed to be their dream role. A senior Allied Health position: better money, better title, exactly the progression they had been working towards for years. Six months in, they were already looking for a way out. The culture was toxic. The systems were so outdated they made the job nearly impossible to do well. And there had been warning signs at interview that, in hindsight, were reasonably clear. They had chosen to overlook them because they wanted the role badly.
That story is not unique to Allied Health. I see versions of it regularly in finance and accounting. And while the cost is obvious for the person in the role, the cost to the hiring organisation is just as real and considerably less examined.
What a bad hire actually costs
The most visible expense is the replacement process: the time, the fees, the weeks of lost productivity while the role sits open again. But that is only part of it. A finance professional who is disengaged within six months is typically not performing at the level the role requires. Month-end slows down. Business partnering relationships suffer. The manager is spending time on performance conversations that should be going into strategic work.
When the person eventually leaves, often inside 18 months, there is a real cost to institutional knowledge, continuity in reporting relationships, and the credibility of the finance function as a stable partner to the business.
The questions nobody asked
My friend had not asked the hard questions at interview. Why did the last person leave? What are the biggest frustrations people have working in this team currently? What does the technology environment actually look like day to day? These are questions that surface things a polished job description never will. They are also questions that strong candidates frequently hold back from asking because they are worried about appearing negative or signalling that they do not really want the role. That instinct is understandable and consistently counterproductive.
But the due diligence gap is not only on the candidate side. Hiring managers carry a parallel obligation. The most effective processes I have been involved in are the ones where the hiring manager is as honest about the genuine challenges of the role as they are about the opportunities. Not every finance position is a straightforward one. Functions mid-transformation, understaffed teams, businesses with legacy systems or entrenched stakeholder dynamics: these are real contexts that candidates need to understand before they accept. A candidate who joins with clear eyes will navigate those challenges far more effectively than one who feels misled within three months.
Transparency as risk reduction
The strongest candidates at the senior end of the market are experienced enough to know that every organisation has real problems. When a hiring manager presents nothing but positives, the response from a seasoned finance leader is often scepticism rather than enthusiasm. What actually builds confidence is honesty: here is what is working well, here is what we are trying to fix, here is why this role matters and what success will genuinely look like in twelve months.
The pressure to close tends to build as a process extends. A strong candidate is finally in front of you, the role has been open too long, and the instinct is to focus on getting across the line rather than continuing to assess fit. Hiring managers do exactly what my friend did from the candidate side: they stop asking the difficult questions at precisely the moment those questions matter most. A well-structured brief, an honest conversation about the role’s real challenges, and the discipline to keep evaluating fit right through to the offer are not complicated tools. They are the practical measures that reduce hiring risk and build finance teams that actually hold together. How honest is your organisation being with candidates about what they are walking into?
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