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Hays tips demand for accountants to spike

Business

Employers intend to hire more accountants this quarter in both professional practice and the commercial sector, says recruitment firm Hays.

By Michael Masterman 8 minute read

The increase in hiring intentions, according to Hays, is down to improving employer confidence and the new financial year budgets.

Business services seniors, external audit seniors and senior tax accountants all top the firm’s Quarterly Hotspots list of skills in demand for professional practice firms.

Susan Drew, regional director of Hays Accountancy and Finance said the release of new financial year budgets has meant employers are now recruiting the skills they need to drive their accountancy departments forward.

“Practices are adding to their headcount and demand is predominantly for permanent candidates at the intermediate to manager levels.”

However, in financial services, many businesses going through change or growth are choosing to hire a long-term contractor, Ms Drew said.

“More employers are offering 12-month contracts and these are mainly for operational risk and analyst roles. We are also seeing more vacancies at the senior manager level as organisations seek to bring in external leadership qualities to help drive their business forward. This is a significant shift as until recently employers preferred to promote from within."

According to Hays Accountancy and Finance, it’s not just the professional practice sector that is busy hiring.

“In the commercial sector finance managers, auditors, all-round accountants, credit controllers, accounts payable officers and bookkeepers are in demand,” Ms Drew said.

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

Meanwhile, in the public sector confidence is returning in most states.

“Temporary candidates are starting to secure permanent roles in areas such as management accounting, financial policy and payroll,” Ms Drew said.

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