Hong Kong accounting and finance candidates across key areas are in prime position to find a new role in the current market, but employers are looking to candidates to explain their motivations beyond just financial reward, according to Hays.
“It’s a strong job market for accounting and finance candidates across several areas of banking, insurance and the commercial sector, but competition is always strong for the best jobs so candidates shouldn’t take their interview for granted,” advises says Dean Stallard, Managing Director of Hays in Hong Kong.
“We know money is a key driver for many candidates, but they should also think about why the job role appeals to them as well as the company culture offered by the employer they hope to join and this requires solid research and preparation,” Dean says.
There are certainly candidates who are in super high demand, but employers are still unwavering in the list of qualifications and attributes they expect a candidate to have before offering them a role with possession of strong presentation skills usually on this list.
The hottest candidates
Financial planning and analysis (FPA) talent are probably the hottest candidates right now across a range of levels and sectors.
Project managers able to drive the roll out of IRFS 9 in banks and insurance companies are also in great demand. However, the pool of talent with the exact mix of skills and experience required remains small in Hong Kong.
“Our advice to candidates is to not overplay your hand even if your skill set is in strong demand,” says Dean.
Dean also advices employers not to wait too long when selecting a new recruit as candidates in greatest demand will be fielding other offers.
“Project managers for IFRS 9 implementation projects must have superior leadership, stakeholder management skills and previous experience rolling out a project from beginning to end. They should also have solid technical skills, user experience testing knowledge and excellent communication skills,” says Dean.
Dean notes that rates are higher for the right project manager candidates and Hays is seeing overseas candidates, including Hong Kong returnees, applying for IFRS 9 implementation project manager roles.