A survey of 160 chief financial officers (CFOs) across Australia has revealed 45 per cent of companies plan to expand their finance and accounting teams by the end of 2014.
This level of demand is good news for accountants, allowing those with sought-after skills to be more discerning when selecting a new role.
Survey results showed 93 per cent of CFOs indicate it is challenging to find the right talent, as general demand outweighs supply.
Kevin Jarvis, director at Robert Half, says quality employees rarely stay available in the market for long, and employers need to have a strong understanding of what packages will attract a tier-1 candidate to the role.
“Companies need to be aware of current remuneration trends, and in particular, other non-monetary related initiatives.”
“Such benefits include a positive work culture, training and development, mentoring programs, health and well-being benefits, flexibility around hours or telecommuting,” said Mr Jarvis.
Similarly job-seekers looking to position themselves as a top candidate need to showcase more than their education.
“Today’s finance and accounting professionals need business acumen and soft skills. The Chartered Accountant and Certified Practising Accountant qualifications are highly sought after, but the best candidates combine these with excellent interpersonal, communication, listening and problem-solving abilities,” Mr Jarvis said.