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Accountancy & Finance - Commerce & Industry

July - September 2014

Hotspots

 

Finance Managers – Employers are looking for candidates who are capable of leading small teams and who can communicate with people from non-finance departments. Candidates at the $120,000 to $140,000 level are in most demand. In addition, a number of companies are going through IPOs, which is further increasing demand for these skills.

 

Auditors - Audit experience is needed and employers are looking for candidates from Big 4 organisations. 

 

All-round Accountants – SMEs are seeking versatile Accountants who are capable and willing to perform an all-round function.

 

Credit Controllers – Demand continues for these professionals as organisations act to retrieve funds that are outstanding. Credit Control is a traditionally high turnover function, and staff retention remains a challenge. Consequently there is an ongoing need to replace departing staff. Further adding to demand is recent growth in the number of both temporary and permanent vacancies as employers add staff to their team. There is also a shortage of immediately available candidates for temporary assignments.

 

Accounts Payable Officers – Employers are adding temporary candidates to their team to assist with the processing of invoices, which spiked at the end of the financial year as organisations used remaining budgets to pay outstanding accounts.

 

Bookkeepers – There is a shortage of certified bookkeepers in remote regions of the country, such as the Northern Territory where there are many opportunities available. In addition, this is a high turnover role as many candidates look for new opportunities, which creates strong and continuous demand for these professionals.

 

Trends

 

Many employers have indicated that they intend to increase their accountancy and finance headcount over the coming six to 12 months. While we continue to recruit part-time roles, we have seen a shift back towards permanent recruitment. This is the result of a more buoyant and confident market.

 

In fact according to our 2014 Hays Salary Guide, out now, 24% of more than 2,500 employers surveyed plan to increase permanent staff levels in their accountancy and finance department in the year ahead.

 

Of particular note has been the return of confidence to the SME market. Many smaller family owned businesses are recruiting an accountancy professional.

 

We’ve also seen more activity in the construction and property, healthcare and aged care sectors, with employers valuing candidates with relevant industry experience.

 

Given the release of new financial year budgets, we expect vacancy activity to increase this quarter as employers recruit the skills they need to drive their accountancy department forward.

 

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