What Accounting Jobs Are in Demand?
27 Apr, 20231-2 minutes
In this blog, you will learn:
- What accounting jobs are in demand
- Why these accounting jobs are in demand
- What the latest accountant jobs available at Spencer Clarke Group are
If you are thinking of starting a career in accountancy and finance, it is important to choose a career path that will be in high demand by employers.
By choosing an accounting job in demand, it will give you the best chance of employment once you have completed all the qualifications required for your field.
Not only will you be able to easily find career opportunities, making your job search that much easier, but having a skill set that companies require will mean that they will be willing to pay more for your services as a result.
In our latest guide, we delve into what accounting jobs are currently in high demand.
In-demand accounting jobs
Accounting jobs which are currently in high demand include:
- Auditor
- Accountant
- Bookkeeper
Auditor
An Auditor’s main priority is to put together and examine financial records to ensure they are compliant with laws and have been kept accurately.
Their speciality is examination, so an Auditor will examine a company’s financial operations to ensure they are running efficiently and offer solutions to improve them. They are seen as advisors, offering advice about financial opportunities and how to eliminate risks.
In addition, Auditors prepare tax returns and make sure taxes are paid on time. Auditors can be either internal or external, meaning that your services may either be exclusively used for one company or you may be hired for a range of different companies.
Why are Auditors in demand?
Auditors are in high demand for many reasons, including:
Increased regulation
In many industries, there has been an increase in regulation and compliance requirements. This has led to a greater demand for financial auditors who can ensure that organisations are complying with relevant laws and regulations.
Financial reporting
Financial Auditors play a critical role in ensuring the accuracy and reliability of financial statements. As companies continue to expand and become more complex, the need for auditors who can provide assurance and guidance on financial reporting has increased.
Risk management
Financial Auditors help organisations identify and manage risk by evaluating the effectiveness of internal controls and identifying areas where improvements can be made. This is particularly important in industries such as banking and finance, where risk management is a key concern.
Investor confidence
Financial Auditors provide independent and objective assessments of a company's financial statements. This helps to increase investor confidence and can have a positive impact on a company's reputation.
Globalisation
As businesses expand their operations across borders, the need for financial auditors who can navigate complex international regulations and standards has increased. This has created a demand for Auditors who have experience working in multiple jurisdictions and can provide guidance on international financial reporting standards.
Technological advancements
Advances in technology have changed the way that financial information is processed and analysed. Financial Auditors with expertise in data analytics and other technology tools are in high demand.
Accountant
Accountants are responsible for organising and managing the finances of a company. Due to the skill level and specific expertise they offer, Accountants are always in demand for their range of skills.
They regularly manage journal entries, financial statements and financial transactions to ensure these processes are carried out with accuracy and adhere to the relevant legislation. An Accountant will analyse a company’s financial data and then collate a report to present their findings.
Why are Accountants in demand?
Accountants are in high demand for many reasons, including:
Business growth
As the global economy continues to grow, businesses of all sizes require skilled accountants to manage their finances and help them achieve their financial goals.
Regulatory compliance
Governments around the world are imposing stricter regulations on businesses, particularly in the areas of taxation, financial reporting, and data privacy. As a result, companies require accountants to ensure compliance with these regulations.
Increasing complexity
The business environment is becoming more complex, with increased globalisation, technological advancements, and market volatility. As a result, companies require skilled accountants who can analyse financial data and provide valuable insights to help them make informed decisions.
Strategic decision-making
Accountants play a critical role in helping companies make strategic decisions by providing financial information and insights. They help businesses evaluate their options, assess risks, and develop long-term financial plans.
Demographic shifts
The ageing population and retirement of many experienced Accountants have created a shortage of skilled Accountants in many regions. This has created opportunities for new Accountants entering the workforce.
Career mobility
A career in accounting provides many opportunities for mobility and advancement. Accountants can work in a variety of industries and roles, including public accounting, corporate accounting, government accounting, and non-profit accounting.
Bookkeeper
Bookkeepers have long since been required for their services. As a result of their important function, Bookkeepers are continually in demand to this day.
Bookkeepers are responsible for providing accurate and up-to-date information in relation to a company’s finances. Modern-day bookkeepers use advanced software to process and analyse a company’s transactions and require strong attention to detail to ensure records are error-free and all in order.
Why are Bookkeepers in demand?
Bookkeepers are in high demand for many reasons, including:
Business growth
As the economy continues to grow, businesses of all sizes require bookkeepers to manage their financial records and ensure accuracy.
Regulatory compliance
Governments around the world are imposing stricter regulations on businesses, particularly in the areas of taxation, financial reporting, and data privacy. As a result, companies require bookkeepers to ensure compliance with these regulations.
Cost-effectiveness
Many small businesses, in particular, cannot afford to hire a full-time Accountant, and therefore require Bookkeepers to manage their financial records on a part-time or contract basis.
Technological advancements
The rise of cloud accounting software and other technological advancements have made it easier for Bookkeepers to manage financial records remotely, increasing demand for remote bookkeeping services.
Start-up businesses
As entrepreneurship continues to grow, many start-up businesses require bookkeeping services to manage their finances and ensure compliance with regulations.
Career mobility
A career in bookkeeping provides opportunities for mobility and advancement. Bookkeepers can work in a variety of industries and roles, including public accounting, corporate accounting, government accounting, and non-profit accounting.
Latest accounting jobs at Spencer Clarke Group
If you’re searching for your next accounting job, why not take a look at all the vacancies currently available at Spencer Clarke Group?
We work with some of the most prestigious accountancy practices across the UK, offering positions with desirable work-life balances and market leading salaries & benefits.
Can’t find what you’re looking for? Why not upload your CV or contact our accountancy specialist, Matt Byrne-Fraser, to discover more about upcoming opportunities.
Meet Matt Byrne-Fraser
Who is Spencer Clarke Group?
Since 2017, we've been changing the face of recruitment. From our employees, to the way we do business, to the culture within our office, we're determined to make a difference and create a positive impact on everyone around us.
Recruitment to us isn't just about matching candidates and clients; we’re passionate about finding candidates the perfect job which has the ability to boost their salary and standard of living, better their work life balance and improve their mental health.
Similarly, we understand the impact which an experienced and skilled employee can make to a business and we love seeing clients thrive through the hard work of candidates which we have placed with them.
We operate in two sectors:
In eleven specialisms:
Healthcare, Social Care & Nursing
Corporate Functions & Business Support
Planning, Development & Regeneration
Highways, Infrastructure & Engineering
If you’re searching for a new role, why not visit our job page to take a look at the latest opportunities? Alternatively, upload your CV and one of our experienced consultants will contact you when a relevant opportunity becomes available.
If you’re struggling to fill a role, why don’t you give us a call on 01772 954200 to see how we can help? One of our consultants will be happy to listen to the challenges which you are facing and advise on the best possible solution for you.
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