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accounting
Latest article update: Thursday, 12 May 2011, 12:00am NZST

Strengthening economy sees CAs head overseas

Monday, 28 June 2010

The strengthening economy has seen chartered accountants seek overseas opportunities, which is leaving gaps in the local candidate pool at the three to six year experience level according to Hays Recruitment.

It says further growth to permanent job numbers is expected in response to the rising number of qualified candidates heading overseas.

As firms consider their future workload, new permanent jobs are becoming available at all levels and demand is high for qualified accountants across Audit, Business Advisory Services and Tax.

hays expects to see a continued increase in temporary assignments in response to the busy season.

Executive trends are seeing the aging Partner population encouraging firms to look at their succession planning, creating opportunities at the executive level as a result.

The demand for senior accountants and business advisory services managers remains extremely high. Qualified and experienced candidates with corporate finance and management consulting experience as well as directors and senior managers within external audit are also sought.

Employers however, have been slow to react to the shift back to a candidate-short market.

Many still expect a candidate that fits every requirement. Consequently, says Hays, many will only consider candidates with a practice background and are unwilling to look at those with corporate backgrounds.

They are also very particular about the quality and calibre of candidates they will consider. Cultural fit is also a priority.

Employers are increasing salaries though, adding benefits and promoting the career development opportunities on offer in order to attract the right skills.

They are also becoming more receptive to overseas candidates who want to work in New Zealand.

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