The latest research from the Robert Walters UK Jobs Index has revealed that the number of advertised job vacancies in the UK has risen by 11% in the second quarter of 2017.
Whilst the growth was strongest in the supply chain sector (22%), accountancy and finance (21%), secretarial support (16%) and legal (16%) also saw a healthy growth.
Despite uncertainty surrounding the general election and Britain’s negotiations to leave the European Union, businesses have remained active in sourcing professionals to fill roles.
“The increase in jobs we have seen throughout 2017 is an encouraging sign, indicating a high level of confidence among employers across a range of sectors,” said Chris Hickey, Robert Walters CEO - UK, Middle East and Africa.
The growth in demand
While hiring levels have remained high, employers have taken a discerning approach to recruitment, with many willing to invest considerable time into recruitment processes to ensure that they secure top calibre professionals who are an ideal fit for the role.
“The increase in jobs we have seen throughout 2017 is an encouraging sign, indicating a high level of confidence among employers across a range of sectors.”
“Employers recognise that, as Britain develops new trading relationships outside of the European Union, highly efficient procurement and supply chain processes will be essential in order to remain competitive,” added Chris Hickey.
Demand for accounting and finance professionals
After a period of uncertainty in 2016 fuelled by political shifts in the UK and USA, hiring did slack on average, however accounting and finance professionals are now experiencing a growing demand for their skills.
“As employers prepare for a period of transition when Britain leaves the EU, long term financial viability is a high priority. As a result, many are looking to take on accounting and finance professionals who can provide strategic input in key business decisions to ensure that financial processes are sound and efficient.”
Across both financial services and industry, employers are looking to take on accountants in a range of roles. Mixtures of roles are available, with junior roles where technical skills are highly sought and more senior strategic vacancies where commercial acumen is highly valued.
“Accountants who can therefore demonstrate the ability to collaborate with other departments and a commercial awareness, as well as strong technical skills, are highly sought after,” Chris Hickey concluded.
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