T+O+M BLOG

Accounting & Finance mid-year recruitment update

  • 02 Aug 2021

In case you missed the T+O+M Talks video, here's a summary from Fergal Gleeson, T+O+M's Head of Accounting & Investment Management, on recruitment activity in 2021 so far.

  • It's been a very busy start to the year across Financial Services and Commerce & Industry with a high volume of roles but lack of suitable candidates coming onshore because of border closures. 
  • We have seen a particularly strong recovery for Commerce clients who are cautiously optimistic and therefore now focussed on growth after COVID-19 suppressed activity during 2020.
  • Demand in this space has been busy in FMCG, Technology and Property with hiring shifted from junior resources to more senior staff at commercial manager level who can help guide growth, for salaries up to $200K p.a.
  • In the Finance space, hiring activity is being driven by business transactions such as the sale of AMP to Resolution Life etc.
  • Demand in this sector has been in Treasury, IFRS 17 in Insurance, Technical accounting, Regulatory Reporting, and FPA in banks, mostly for roles with salaries up to $200K p.a.
  • The spike in demand coupled with a candidate-driven market means that counter-offers are back but candidates are also looking for compelling reasons to join an organisation outside of financial reward such as the culture, mentoring, training and flexibility. 
  • The high level of activity looks set to continue not only to the end of the year but likely 2 or 3 years from now. 

If you would like to find out more, get in touch. 

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