As the financial year comes to a close it is worth taking stock of what the next few months has in store for the Accounting Support market.
The quarter of April – June has undoubtedly seen a drop in the level of movement for permanent candidates and an increase in temporary/contracting demand. This is quite usual as companies look to hire strong candidates on an interim basis due to increased workload in the run up to financial year-end.
July will bring about new budgets for many companies, and part of this will be planned recruitment spend so, if previous years are a guide, there will be a lot more demand and need for people on a permanent basis.
The Australian market remains very skills short and those with strong payroll and credit experience will be highly sought after but difficult to find. While salary will be an important factor in enticing these candidates to join a new business, more and more companies are looking to training and development, career growth and flexible working hours as a way to either retain or attract this talent.
The number of accounting support staff being offered more traditionally technical accounting roles, starting at the Assistant Accounting level, also continues to rise. Companies are identifying talent and want to retain people with the right potential and attitude who are already engrained in their Company’s culture and processes.
Recruitment will still remain relatively tight in the coming months, as well documented concerns within the world economy persist – however those that are recruiting will still need to be conscious of how to differentiate themselves from competitors to attract such skilled short candidates on board.
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