Date post: | 26-Jan-2017 |
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Recruiting & HR |
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The stronger labour market is being driven by increased
confidence among employers and workers alike
HIRING TRENDS IN ACCOUNTING AND FINANCE
CONFIDENCE IN LEEDS
EXPANDING TEAMS
As a result, 53% of businesses in Leeds
are reliant on interim professionals for management or
C-suite roles
PERMANENT STAFF IN SHORT SUPPLY
Businesses are adding headcount to their accounting
and finance teams
RECRUITING FINANCE PROFESSIONALS IS A CHALLENGE
90% of CFOs are challenged in finding skilled professionals in Leeds
SPECIALIST PROFESSIONALS ARE HARD TO FIND
LACK OF NICHE, TECHNICAL TALENT
1LACK OF COMMERCIAL,
BUSINESS SKILLS
3GENERAL DEMAND OUTWEIGHS SUPPLY
2
TOP THREE REASONS FOR THE SKILLS SHORTAGE
FIVE HOT SKILLS AND QUALIFICATIONS FOR 2016
• ACA/ACCA/CIMA with 5–10 years’ post-qualification experience
• Part-qualified CIMA/ACCA with management accounting skills
• Technology and software skills in advanced Excel/SAP/Sage
• Business partnering and communication skills
• Financial modelling
PERMANENT ROLES IN DEMAND
• CFOs and finance directors with strategic and commercial skill sets
• Financial controllers/business partners
• Qualified/part-qualified management accountants
• Credit controller/purchase ledger, sales ledger and payroll clerks
TEMPORARY AND INTERIM ROLES IN DEMAND
• Financial transformation/system improvement experts
• Financial reporting professionals
• Financial planning and analysis professionals
• Accounts assistants, credit controllers, and purchase ledger clerks
SALARIES LEEDS
Chief Financial Officer/Group Finance Director
SME £77,000 - £94,700 £77,200 - £101,300 3.9%
Large £85,300 - £131,600 £85,500 - £136,100 2.2%
Finance DirectorSME £56,000 - £92,000 £56,900 - £96,800 3.8%
Large £68,200 - £113,000 £68,600 - £117,200 2.6%
Qualified Management / Financial Accountant
SME £31,300 - £37,100 £31,700 - £38,500 2.6%
Large £39,600 - £51,100 £40,100 - £53,800 3.5%
Financial ControllerSME £42,500 - £56,900 £43,700 - £58,700 2.9%
Large £51,300 - £59,200 £51,800 - £62,300 3.3%
Financial Business PartnerSME £40,700 - £48,400 £40,700 - £50,900 2.8%
Large £42,500 - £50,200 £42,300 - £53,800 3.6%
JOB TITLE COMPANY SIZE 2015 2016 % CHANGE
SALARIES LEEDS (CONTINUED)
83% of CFOs have offered a higher salary than originally planned to secure a talented professional
Financial Planning & Analysis Manager
SME £55,600 - £61,400 £56,000 - £63,700 2.3%
Large £57,200 - £63,900 £57,400 - £66,800 2.6%
Financial AnalystSME £33,500 - £40,100 £33,800 - £42,800 4.0%
Large £35,100 - £44,800 £35,800 - £47,300 3.9%
Credit ControllerSME £15,100 - £23,200 £15,500 - £23,900 2.9%
Large £17,800 - £25,700 £18,000 - £26,800 3.1%
Payroll Administrator/ClerkSME £16,200 - £20,000 £16,700 - £20,500 2.5%
Large £18,200 - £22,700 £18,700 - £23,200 2.2%
Purchase/Sales Ledger ClerkSME £14,900 - £22,100 £15,100 - £22,700 2.4%
Large £18,700 - £24,300 £19,100 - £25,000 2.6%
JOB TITLE COMPANY SIZE 2015 2016 % CHANGE
RETENTION A KEY CONCERN IN LEEDS
85% of CFOs in Leeds are concerned about losing top financial performers
53%
A RISE IN REMUNERATION OR BONUSES TO CURRENT
EMPLOYEES
48%
CAREER DEVELOPMENT OPPORTUNITIES
IN A BID TO KEEP TOP PERFORMERS, BUSINESSES WILL BE OFFERING:
23%
FLEXIBLE WORKING OPPORTUNITIES
REMUNERATION TRENDS FOR EXISTING STAFF
13% of CFOs
EXPECT TO INCREASE BONUSES AWARDED
30% of CFOs
PLAN TO INCREASE SALARIES
DOWNLOAD THE 2016 SALARY GUIDE
For more accounting and finance salary and hiring trends, download the full Robert Half 2016 Salary Guide at roberthalf.co.uk/salary-centre
2016SALARY GUIDE