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More than just stormy weather ...

Friday, 23 November 2012

As Christmas creeps closer, recruitment is showing no signs of slowing down, with many of our markets storming ahead and continuing to demonstrate significant demand. We hope that this demand will continue at pace long into the New Year, defying the recent ‘double dip’ recession and proving that the UK’s economy is strengthening day by day.

In VAT, there are continued requirements for candidates at Assistant Manager grade from many of our clients, be it top 10 accountancy firms or in-house. Indirect tax technology professionals are highly sought-after individuals by two of our Big 4 clients at the moment, and IPT expertise is also in demand. This season has also heralded the emergence of several industry roles in VAT, but as expected these roles have not remained vacant for long…..

The proliferation of niche employment firms continues at pace, which is creating roles throughout the sector as the more established teams lose people to these niche firms. In pensions, all the major law firms are busy due to legislative changes and continued transaction activity. Professionals with executive compensation experience remain in high demand, and there are several requirements at Big 4 firms in their share schemes teams currently, particularly for those candidates with a legal background.

On the other hand, it’s been a patchy market of late in insolvency accounts, arguably one of our busiest and most prominent areas of business normally.  With recent redundancy announcements at Ernst & Young following headcount reductions by KPMG, festive spirit is certainly not rife, as PwC and Deloitte remain the only Big 4 firms not to have announced redundancies thus far. With other firms including Grant Thornton, The Fisher Partners and Mazars also having let staff go or having recently announced they will be cutting numbers, it seemed the insolvency market was nothing but doom and gloom of late. However, as well as the interesting news that BDO is set to merge with PKF in the New Year (or should I say that BDO are to acquire PKF?!) we have seen a growing increase in demand at the more junior levels, a trend which we all hope will continue.

So if you are seeking a fresh start to 2013 and feel that a new firm or direction in your career might kick-start exciting changes in your life, please don’t hesitate to get in touch with one of our Consultants, who will be happy to offer you sound and confidential advice on your career options.

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Please get in touch with us with any questions that you have on telephone: 020 7250 0000 or email: [email protected].