Thursday 27th July, 2017
According to research by recruitment consultancy Robert Walters, job vacancies for accounting and finance professionals have risen across the UK, with the number of jobs available in the second quarter of 2017 up 21% compared to the same time last year.
Demand has grown for professionals across a range of specialisations and levels of seniority with technical skills and commercial awareness both highly sought.
Marcus Blackburn, Associate Director at Robert Walters, comments: “Finance professionals have benefitted from growth across a range of industries, with a wide range of employers looking to take on staff in finance teams. Notably, SMEs and startup firms across tech and related fields have played a key role in driving this demand, in addition to traditional large employers across banking and finance who are looking for accountants to fill mid and back office roles.”
“At the more junior level, this has driven demand for professionals who can demonstrate strong technical skills with regards to core accountancy functions.“
“However, hiring managers looking to secure the most highly skilled professionals for these junior roles must also consider what they can offer, with many junior professionals placing a high value on the potential for career progression.”
With businesses preparing for a period of transition as Britain negotiates its exit from the EU, senior finance professionals are in high demand to provide strategic input in ensuring long term financial sustainability.
Marcus Blackburn continues: “The role of finance departments has become significantly broader in recent years, with employers looking for finance professionals to play an active role in providing strategic insight and playing a key role in helping to shape commercial decisions.”
“As a result, the required skillset for finance professionals has expanded. Employers are prepared to offer generous salaries and benefits packages to finance professionals who can demonstrate a combination of strong technical and soft skills, such as the ability to collaborate with other departments and translate raw technical data into commercial insight.”