Business Services – Some of the Big Four accounting firms are looking to grow and are creating demand for Business Services Senior Managers and Directors. We are also seeing demand at the Manager level for candidates with one to two years of management experience and CA/CPA qualifications to replace candidates who move into commerce. There is also a limited number of Business Service Seniors with four to five years of experience due to the reduced number of graduates who were recruited during and immediately after the GFC.
Intermediate Accountants – Practices are bringing in Accountants with a few years experience who can hit the ground running when they start in their new position. However the continued movement of candidates into commerce leads to a shortage of suitable talent. There has also been an increase in the number of SME businesses outsourcing accounting functions to professional practices as a result of cost cutting measures.
Senior Accountants – These professionals are usually CA or CPA qualified and need excellent communication skills for client interaction.
Tax Accountants – Senior professionals with between four and seven years’ experience with CA/CPA qualifications are in demand, as are Managers with one to two years of management experience and CA/CPA qualifications in response to the movement of candidates into commerce. We also see a need for Intermediate Tax Accountants with two to three years of experience, strong academic credentials and who are studying towards their CA/CPA.
Insolvency Practitioners – There is a shortage of specialists who have three to four years’ experience in the market due to the challenging nature of the work.
Senior Audit – A professional with three to six years experience and a CA/CPA qualification will find themselves in demand due to previous redundancies in the industry. With the market changing for the positive, firms need strong Auditors to build up their teams again.
Employers have indicated that they will ramp up their recruitment for positions this quarter. As confidence improves we expect to see an increase in demand for their services in the market.
In addition, the traditional movement of candidates this quarter will fuel an active jobs market as employers replace departing staff.
Practices are focused on candidate quality and are looking to recruit at the Intermediate to Senior levels in particular. Emphasis is on excellent communication skills, university grades and ideally completion of the CA or CPA program (or in progress for Intermediate Accountants).
In regional areas, Intermediates with experience from Big Four or second tier firms are looked upon very favourably.
Practices are also keen to recruit professionals at the Senior Manager and Director level who can support themselves with a significant fee base.