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Accountancy & Finance - Professional Practice

October – December 2014

Hotspots

Business Services Manager – There is particularly strong demand from small to medium firms for Managers with advisory and compliance experience. Competition with the commercial sector, as well as higher salaries in commerce, has led to a shortfall of candidates for professional practice.

External Audit Seniors – Demand is very high for suitable Auditors who are CA/CPA qualified and have solid Australian experience. The auditing profession can be demanding and involve long hours. The lure of making a transition into commercial roles continues to
exacerbate the general shortage of candidates.

Business Services Seniors – There has been consistent demand for both senior and intermediate candidates in the business services space and we are seeing strong competition between firms to secure top talent. Confident and articulate client-facing candidates are typically able to choose from several job opportunities at any one time.

Tax Accountants – Intermediate candidates who are partly CA/CPA qualified are sought after due to a supply shortage of accountants with tax expertise. We are seeing an increase in demand for specialists in SMSF (self-managed super fund) accounting tax due to it being a very niche area. Demand is particularly strong for candidates with soft skills.

Business Advisory specialists – Employers want candidates with external CFO experience who have tax expertise, the ability to take ownership of a business’s accounting functions and who can provide advisory services to clients.

Trends

We are seeing a marked increase in demand for Tax Accountants and Business Services Seniors and expect this to continue over the coming quarter. Employers are relying more heavily on chartered accounting firms to assist them through the busy tax return period.

The demand for permanent roles has significantly increased with companies having fewer temporary requirements. Generally roles are coming about as companies replace departing staff.
 

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