Accounting and Finance Market Update Q2 2016
Overall the first half of 2016 has seen a consistent and steady flow of opportunities across accountancy and finance, covering both part and newly qualified accountants, through to senior finance positions requiring planning and management experience.
Lincoln’s industry client base covers a wide range of sectors including; Technology & Software, Energy & Environment, FMCG & Manufacturing, Legal, Consumer Services and Public Sector. Businesses within these sectors maintain their need for experienced Accounting and Finance professionals. Over the past six months the highest volume of opportunities came within;
- Financial Planning & Analysis,
- Internal Audit & Management Reporting
- Accounting Operations (Accounts Payable/Accounts Assistant).
While newly qualified accountants are regularly considered for FP&A and accounting positions, there has been a distinct increase in businesses seeking candidates with 2+ years ‘hands-on’ PQE experience. Recruitment Consultants’ observations confirm that finance teams across the industry are keen to build and develop their internal capability, particularly around financial modelling, planning and forecasting. Demonstrable experience in internal audit, controls, and risk continues to be a growth area, offering significant career prospects with organisations
The Financial Services market was very active over the past quarter, remaining a highly candidate driven market especially at the newly qualified to 5 years’ PQE level with salaries ranging from €55,000 to €70,000. Although slower for management positions at €70,000+, there is still some activity taking place, noticeably within the Insurance space having seen an influx of Finance Manager open positions.
As mentioned above, the ‘hot spot’ in the Financial Services market is from €55,000 to €70,000, with companies looking to add highly motivated talent to their team who demonstrate reactiveness and an ability to think quickly on their feet. Recruitment activity is predominant for following roles;
- Financial Accountant
- Project Accountant
- Senior Accountant
- Internal Auditor
- Business Partner
As we move into the next quarter, we expect activity within the Financial Services and Industry markets to remain at current levels and likely to increase. Generally, hiring processes tend to involve three interview stages, however, it is often the case that a company will turn around a quick decision when they have met with a strongly suitable candidate.
Based on Consultants’ experience over the past quarter, we continue to advise client companies that the period of time an experienced qualified accountant is available on the market can be short, therefore waste no time in scheduling interviews with the candidates you want to meet.
If you are thinking of a move this Q3, for a confidential discussion please contact me on firstname.lastname@example.org or call 01 661 0444.