Technical Accounting Skills Gap

The demand for Managers with strong Financial Accounting, Technical Knowledge and Reporting expertise is increasingly outstripping the supply of candidates.

June 15, 2021
Jun 15, 2021

We have been instructed on 14 job opportunities for these roles, at salary levels between £40,000 and £55,000 per annum, based in the Yorkshire region in the past four weeks alone.

Some of the factors contributing to this market change are:

  1. More pressure and demands on the audit firms, resulting in a workload that negates the possibility of client secondments.
  2. Increasing regulation and governance expected from the reporting in listed businesses and medium & large sized businesses. This is going to increase significantly over the next three years following the government consultation, on reforms aimed at “restoring trust in audit and corporate governance”. This will lead to increased demands on reporting in line with what US companies saw following Sarbanes Oxley in 2002.

We will be posting a series of articles on this over the next few weeks – looking at the perspectives of the candidates, employers and the auditors.

To gain more insight from candidates we would appreciate any feedback from recently qualified accountants (up to 3 years PQE). If you would like to take part and complete our survey, please click on the link below:

Technical Accountant Skills Gap Survey

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