The Abrivia Recruitment 2015 Salary Survey has revealed key indicators of Ireland’s economic recovery. The data was compiled from a survey of 4,000 companies and 45,000 employees across multiple industry sectors. The key highlights are:-
26% increase in roles from 2013 to 2014 within Accountancy & Finance
22% of Companies surveyed plan to grow their Accountancy & Finance division in 2015
15% of Companies surveyed state that Accountancy & Finance are the hardest positions to fill
Accountancy & Finance Sector Statistics:
Industry & Commerce
21% increase in the volume of Industry & Commerce Accountancy roles placed with us. These roles would be with leading Multinational’s & PLC’s. Specifically the FMCG, Pharmaceutical, Technology, Healthcare and Shared Service Centres.
Demand continues to soar for ‘Big 4’ trained qualified accountants. Candidates with 1 – 5 years PQE are in particularly high demand by Multinationals and PLC’s. Key roles tend to be Group Accounting, Internal Audit, FP&A, Commercial Finance roles and M&A.
23% increase in the total volume of Public Practice vacancies received in 2014 compared with 2013 levels. This is supported by the leading practice firms planning on increasing headcount in 2015. There has been 180 new vacancies with leading practice firms registered in early 2015.
Increase in demand for Audit & Assurance candidates. This was right across the spectrum of service lines from Audit & Assurance to Advisory. Advisory includes Risk (Internal Audit and IT Assurance), Consulting, Restructuring Transaction Services and Corporate Finance.
High demand for candidates within the ‘Big 4’ and Top 20 Accountancy firms for Managers and Senior Managers.
36% increase in the total volume of Tax vacancies received in 2014 compared with 2013 levels. The main areas that saw the largest year-on-year growth were for Income Tax and Corporate Tax candidates at recently qualified and manager level. There was also increased demand in more niche tax areas like VAT and Employment Tax.
The majority of these roles were created within the Multinational and PLC sectors where clients were looking to add recently and dual qualified (ACA or ACCA and AITI) or just AITI corporate tax professionals into their teams.
Transfer Pricing continues to be an area where the demand for candidates outstrips the number of professionals who work in the market.
28% increase in the total volume of Accountancy & Finance Financial Services vacancies received in 2014 compared with 2013 levels.
Demand continues to soar for Qualified Accountants – ACA, ACCA, CIMA and CPA from recently qualified to three to five years PQE, with the highest demand being for ACA’s.
Key roles tend to be within financial accounts, financial control, management accounts, statutory, regulatory and financial analysis.
Salary & other rewards
74% of firms surveyed expect salaries to increase in 2015. As roles in the above sectors continue to increase, as will the demand for talented candidates.
56% of employees surveyed said that their basic salary was the important part of the reward package, followed by work-life balance (flexible working week, working from home, etc.) at 21%, bonus (7%) and amount of annual leave (5%).
To read more employment trends form the 2015 Salary Survey, please click here >>>>