Accounting is the business department that provides information about the financial position of organizations and is an important decision-making tool at all levels of management. In today's business climate, dynamism is making its mark in this profession. That's why we invited Victoria Lazarova, Senior Recruitment Consultant from our team, to tell us what are the main trends in the job market for professionals in this field.
What trends have been observed in the demand for professionals with an accountant or auditor profile over the last 12 months?
The current job market is looking for candidates with complex profiles. Employers are targeting talent who possess a diverse skill set, including working with a variety of software and ERP systems, excellent English language skills, SAP experience, knowledge of financial analysis, and exceptional presentation skills. Job seekers who possess such a profile greatly enhance their chances of securing high-paying positions and secure an opportunity for advancement in today's competitive professional environment.
An ACCA global survey shows that 44% of young accountants globally expect to change positions or employers in the next 12 months. Where does this put candidates in the job market?
Young people in the field expect rapid career progression, gaining new knowledge and skills within a year, and this fuels their motivation to change positions. However, this ambition also subjects them to fierce competition as companies continuously raise their expectations of the professional competence and skills a candidate should possess. In this context, companies are looking for highly motivated candidates who want to go deeper into the accounting sector and have a desire to continuously acquire knowledge and an interest in new developments.
According to your observations of the market, what are the top skills of the modern accountant that companies are looking for as a priority?
The modern accountant must have a variety of skills to cope with a complex and dynamic business environment. Some of the top skills that companies are looking for in accountants as a priority include:
Given the increased interest of young people in education and development in these specialties, what advice would you give them for success in the field?
Our experience shows that choosing a career in accounting continues to be a sensible alternative for those looking for long-term development prospects and opportunities to continually acquire new knowledge and skills. To succeed in this field, I would recommend the following to young people:
By combining these tips with a drive for improvement and continuous learning, young people can succeed in accounting and auditing.