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🥇 Top Industries Driving Demand for Accountants in Australia LinkedIn Talent Insights reveals significant shifts in the demand for accountants across various industries in Australia, highlighting key sectors where hiring is particularly strong. Below are the key findings: 📊 Accounting Industry: The demand for accountants in traditional accounting roles has decreased slightly by 3%, but the sector remains one of the largest employers of accountants, with over 27,500 professionals. 📊 Financial Services: There has been a remarkable 44% increase in hiring demand, making it one of the fastest-growing sectors for accountants. Key employers include Findex, Etax Accountants, and BlueRock. 📊 Real Estate: Hiring demand has seen a modest rise of 1%, with significant activity from companies like PICA Group, JLL, and Ray White. 📊 Retail: The retail industry has experienced an 11% increase in demand for accountants, driven by major players like Chemist Warehouse, Bunnings, and Lovisa Pty Ltd. 📊 Construction: Demand for accountants in construction roles has grown by 12%, with top employers including CPB Contractors, Monadelphous, and John Holland. 📊 Mining: The mining industry shows a 10% increase in demand, with key employers such as BHP, Rio Tinto, and Fortescue Metals leading the charge. 📊IT Services and Consulting: Hiring demand has also increased by 12%, with companies like UGL, Infosys BPM, and Thales expanding their accounting teams. Key Insights: 💹 Growth Sectors: Financial Services, Retail, Construction, and IT Services are seeing substantial growth in accounting hiring. 💹 Sector Stability: While the traditional accounting sector has seen a slight decline, high-demand industries like Financial Services, Mining, and Business Consulting continue to grow. 💹 Opportunities: Accountants can expect strong demand in high-growth sectors, providing ample career opportunities and hiring prospects. This data indicates a thriving job market for accountants in diverse sectors, especially in industries like Financial Services and IT, where hiring is significantly outpacing others. Mane Consulting #Accountants #HiringTrends #AustraliaJobs #FinancialServices #RetailJobs #ConstructionJobs #ITCareers #MiningJobs #AccountingCareers #LinkedInInsights #JobOpportunities #CareerGrowth #AccountingJobs #JobMarket #Australia #BusinessConsulting

Admitting to a problem is the first step toward finding a solution.   Last week, Jobs and Skills Australia released the Australian Occupation Shortage List with the inclusion of tax accountants and auditors. The inclusion of accounting occupations to the list should signal future training funding and policy decisions to address the talent shortage. While Chartered Accountants Australia and New Zealand welcomed the addition of the occupations to the list, the body said other accounting roles not included on the list have also experienced a critical shortage in talent. Simon Grant, CA ANZ group executive advocacy, said “While we are pleased to see tax accountants and auditors included on the List, we are disappointed to see critical accounting occupations missing, including management accountants and general accountants.”   As a recruiter in the space, it is encouraging to hear the government’s involvement in addressing a significant challenge to one of the country’s most crucial infrastructures. This could lead to easier avenues for overseas professionals to work in the country and accounting graduates better equipped with knowledge to excel in a career in taxation or audit.   Read more here: https://lnkd.in/du9CFt8h   #peoplefirst #leadgroup #accountant #accounting #CAANZ

🌟 The AFR Released The 2024 Top 100 Australian Accounting Firms 🌟 😮 The Top Firms GROWING Revenue Looks VERY Different 😮 👀 Hiring Secrets Behind These Top Billers 👇 📊 It's one thing to be the biggest biller in a year, but who is GROWING revenue year-on-year? 🚀 The chart shows the mid-tier firms with the biggest increases in revenue since 2021. Yellow highlights the firms GROWING revenue from the previous years as reported by the AFR. Having analysed job ads from these firms in that time, here’s what was uncovered about the hiring trends driving their year-on-year revenue growth... 5 Key Hiring Trends That Power Revenue Growth 👇 1️⃣ Senior Talent, Big Impact: Top firms are doubling down on hiring experienced professionals like Senior Accountants and Audit Managers. Why? Senior roles are the backbone of high-value services, ensuring client satisfaction and robust leadership. 2️⃣ Audit and Tax are King: From Senior Auditors to Corporate Tax Managers, the focus on these roles reveals where the money flows. Compliance, assurance, and taxation are vital revenue streams for firms staying ahead in a competitive market. 3️⃣ Investing in Future Stars: Graduate programs are booming! These firms are not just filling today’s seats, they’re grooming tomorrow’s leaders. 🌱💼 4️⃣ Comprehensive Service Offerings: Roles range from Bookkeepers to Tax Consultants, showing a shared strategy of offering end-to-end accounting solutions to meet diverse client needs. 5️⃣ Strategic Growth Through Talent: Advertising patterns suggest a focus on scaling operations and capturing new opportunities by hiring specialised and managerial talent. What Does This Mean for You? ✅ Job Seekers: These trends highlight where the hottest opportunities are. Whether you’re an aspiring graduate or an experienced professional, you can't go wrong working for a rising star. ✅ Employers: Aligning with these trends can help you stay competitive in hiring the right talent. 💬 Do these trends surprise you? Which accounting roles do YOU think will dominate in 2025? Let me know in the comments! 👇 🔗 #AccountingCareers #Leadership #AustralianAccounting #Taxation #FutureOfWork

✨ 𝐆𝐨𝐨𝐝 𝐭𝐨 𝐤𝐧𝐨𝐰 𝐓𝐡𝐮𝐫𝐬𝐝𝐚𝐲𝐬 ✨ This week is all about what it means to be an accountant? This article is really interesting to know what is happening in the current accountancy market and a real insight to the role itself. https://lnkd.in/eTHmRKyR 𝘈𝘳𝘦 𝘺𝘰𝘶 𝘭𝘰𝘰𝘬𝘪𝘯𝘨 𝘵𝘰 𝘮𝘰𝘷𝘦 𝘪𝘯𝘵𝘰 𝘢𝘤𝘤𝘰𝘶𝘯𝘵𝘢𝘯𝘤𝘺? 𝘖𝘳 𝘢𝘭𝘳𝘦𝘢𝘥𝘺 𝘪𝘯 𝘢𝘤𝘤𝘰𝘶𝘯𝘵𝘢𝘯𝘤𝘺 𝘢𝘯𝘥 𝘸𝘢𝘯𝘵 𝘵𝘰 𝘥𝘪𝘴𝘤𝘶𝘴𝘴 𝘺𝘰𝘶𝘳 𝘪𝘯𝘥𝘶𝘴𝘵𝘳𝘺 𝘮𝘰𝘳𝘦? G𝘪𝘷𝘦 𝘮𝘦 𝘢 𝘤𝘢𝘭𝘭 𝘰𝘯 01202 585 585 ☎ #reedaccountancy #accountants #recruitment #finance #bournemouthjobs #agency #

There has been an (un?)surprising amount of news about the talent shortage in accounting and auditing. Check out this article from @Brian Blood and @Johnny Yong at the @International Federation of Accountants. Key takeaways: • Over 300,000 U.S. accountants left their jobs between 2020-2022, a 17% decline • Undergraduate enrollment in accounting programs has seen the largest fall in 50 years • Factors contributing to the decline include dissatisfaction with pay, lack of work-life balance, and concerns about technology If your business is looking for a reliable accountant or auditor and struggling to hire internally, please reach out. Our team members have a wide variety of experience in various industries and business-types. We would love to work with you. https://bit.ly/3VUWWaC

It's fantastic to pride myself in the accounting profession! Here are a few reasons why being in this field can be fulfilling: 1. #Impact: As an accountant, you play a critical role in the financial health and success of organizations. Your work directly contributes to informed decision-making, strategic planning, and efficient resource allocation, making a tangible impact on the company's bottom line. 2. #Versatility: The skills you develop as an accountant are highly transferable across industries and sectors. Whether you work in public accounting, corporate finance, government, or non-profit organizations, your expertise in financial management and analysis is always in demand. 3. #Continuous #Learning: The accounting profession is dynamic and constantly evolving, with new regulations, technologies, and industry trends shaping the landscape. This provides opportunities for continuous learning and professional growth, keeping your skills relevant and valuable throughout your career. 4. #Job #Stability: Accounting is a stable and recession-resistant profession. Businesses will always need skilled professionals to manage their finances, ensuring a steady demand for accounting services regardless of economic conditions. 5. #Professional #Prestige: Accountants are respected professionals known for their integrity, attention to detail, and financial expertise. Holding certifications such as CA (Certified Accountant) or CMA (Certified Management Accountant) further enhances your credibility and opens up additional career opportunities. 6. #Global #Opportunities: Accounting skills are sought after worldwide, offering opportunities for international travel and career advancement. Whether it's working for multinational corporations, consulting firms, or international organizations, your skills can take you anywhere in the world. 7. #Contribution #to #Society: Beyond the corporate world, accountants also play a vital role in serving the public interest. Whether it's providing pro bono services to non-profit organizations, assisting with financial literacy initiatives, or ensuring tax compliance, accountants contribute to the betterment of society in various ways. Embracing your role in the accounting profession means embracing the opportunity to make a difference, continuously grow and learn, and be part of a community of dedicated professionals committed to excellence and integrity. Your pride in your profession reflects your commitment to upholding its values and making a positive impact wherever you go. #isaacpolleyeti #profession #Accountant #Accountingandfinance #job

The Benefits of Working in a Public Practice Accounting Firm   Here are some of the reasons why it is better to grow your career here:   ✅ In public accounting, the rate at which you gain experience is much faster compared to other accounting sectors, with one year of experience being equivalent to several years elsewhere.   ✅ Public accounting firms typically evaluate employees annually based on their performance, assigning ratings ranging from 1 to 5. One of the advantages of this procedure is that you can have some influence on the amount of compensation you receive and have the opportunity for a significant increase. If you are among the highest-rated individuals, you can expect a yearly pay raise and bonus ranging from 10-15%! Moreover, during promotion years, the benefits are even greater.   ✅ Your performance is evaluated through a rating system, which takes into account the feedback provided for each client or job you handle. This feedback is documented in your file and serves as a valuable tool for self-improvement. By understanding what aspects people appreciate and areas for improvement, you can enhance your contributions effectively.   ✅ Public accounting firms offer numerous surprising opportunities, such as providing a credit card with a $50,000 limit on the first day, entrusting employees with sensitive client documents and confidential information, and relying on them to complete tasks efficiently.   📩 Should this catch your interest or if you know someone seeking employment, kindly forward your resume to mmariano@leadgrp.com.au   📌 Strictly for Australian citizens and Permanent Residents only! You can read more here: https://lnkd.in/gfarckZH   #peoplefirst #leadgroup #accounting #publicpractice #accountant #CPA #CA

Choosing between industry accounting or practice accounting is a major career decision – whether you’re newly qualified or a veteran in the industry. Both career paths utilise different skill sets and more importantly, require a different mindset. Each career path also has its own individual advantages and disadvantages, so it’s important that you consider which is right for you in the long-term. Below we explore the main differences between industry accounting and practice accounting, the benefits that each field offers and why you might choose one over the other: https://lnkd.in/e-S3Uesq

Thinking about a career in accounting? It’s a fantastic choice with great job stability and plenty of opportunities for growth! Whether you're just starting out or considering a career change, becoming an accountant is a rewarding path. Check out this comprehensive guide on how to become an accountant: Learn More. You'll find everything you need to know, from the education requirements to the skills you'll need to succeed in this field. Explore the steps to kickstart your journey today and start building a career in one of the most trusted professions out there! https://lnkd.in/gXBKXBsv #CareerGoals #Accounting #BecomeAnAccountant #CareerChange #ProfessionalDevelopment #EducationPath #StudyAccounting

Australia's Occupation Shortage List now includes tax pros and auditors, but CA ANZ's not thrilled about other key roles missing out. They're pushing for more accounting jobs to make the cut, highlighting the ongoing talent crunch across the industry – especially for management and general accountants. Are you feeling the pinch of this skills shortage? Whether you're hunting for that perfect role or struggling to find the right talent, I'm here to chat about your options in this challenging market. #AccountingJobs #SkillsGap #AussieAccountants #CareerOpportunities #TalentShortage #AccountingRecruitment