London, England (PRWEB) February 4, 2011

Hays Senior Finance has announced that finance experts in Essex and East Anglia are enjoying a rise in demand for their company management skills and commercial know-how, according to analysis by the leading recruiting expert. Two-thirds (67 per cent) of employers say retention of qualified accountants will be a key priority in 2011, with four in 10 (40 per cent) worried they won’t be able to hold onto their star players. The analysis suggests they might have excellent reason to be concerned, with two-thirds (67 per cent) of senior finance specialists saying they intend to look for a new job at the start off of the new year.

Karen Young, Regional Director of Hays Senior Finance in Essex and East Anglia, says, “It’s clear finance teams are observed as vital as firms of all sizes, from blue-chip multinationals to little and medium enterprises (SMEs), have been lifting headcount freezes to ease the burden on existing finance teams. Employers are also creating much more strategic use of interim finance managers, appointing senior qualified accountants for fixed-term troubleshooting or company transformation roles.”

In Essex and East Anglia, chief financial officers (CFOs) and group finance directors in large corporate organisations can earn between £120,000-£250,000 and finance directors (FDs) are normally paid £100,000-£150,000. Competition has already intensified to the extent that senior finance specialists routinely obtain much more than one job give.

Young continued: “The war for talent is extremely competitive and therefore a lot of finance leaders can look forward to a a lot more rewarding 2011. Even in parts of the region which traditionally pay at the lower end of typical pay scales – such as in the Fens, the Norfolk Broads or in rural Suffolk – employers are most likely to have to revise provides upwards to attract top talent. Senior finance people and other qualified accountants in cities like Chelmsford or Cambridge can expect packages at the upper end of the range. The absence of a Big Four accounting firm in Essex, which indicates there are fewer newly qualified chartered accountants coming by way of the ranks, could be a factor driving up salaries, specially in Romford and elsewhere in the Thames Gateway.”

About Hays:

Hays plc (the “Group”) is the leading global expert recruiting group. The Group is the professional at recruiting qualified, expert and skilled men and women worldwide, being the marketplace leader in the UK and Australia and 1 of the market leaders in Continental Europe. The Group operates across the private and public sectors, offering well being and safety jobs (http://www.hays.co.uk/improve-your-career/wellness-safety-jobs/index.htm), accountancy jobs (http://www.hays.co.uk/improve-your-career/accountancy-finance-jobs/index.htm) and HR jobs (http://www.hays.co.uk/improve-your-career/hr-training-jobs/index.htm), amongst other people, in permanent positions, contract roles and temporary assignments.

As at 30 June 2010, the Group employed 6,845 staff operating from 270 offices in 28 countries across 17 specialisms.

For further press details please get in touch with:

Alexandra Tucker

Hays

2nd Floor

Stockley House

130 Wilton Road

London

SW1V 1LQ

020 7259 8821

http://www.hays.co.uk

# # #

©Copyright 1997-

, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.

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London, England (PRWEB) February 4, 2011

Hays Senior Finance has announced that finance professionals in the Southern Property Counties are enjoying a rise in demand for their enterprise management skills and commercial know-how, according to the leading recruiting expert. Two-thirds (67 per cent) of employers say retention of qualified accountants will be a key priority in 2011, with four in 10 (40 per cent) worried they won’t be able to hold onto their star players. The investigation suggests that they may have excellent reason to worry, with two-thirds (67 per cent) of senior finance experts saying they intend to look for a new job in the new year.

Rob Anderson, regional director for Hays Senior Finance in the Southern House Counties said: “Firms of all sizes, from blue-chip multinationals to little and medium enterprises (SMEs), have been lifting headcount freezes to ease the burden on existing finance teams. Employers are also creating much more use of interim appointments, with some businesses paying interim chief monetary officers (CFOs) up to £880 a day.”

In the Southern Residence Counties, CFOs and group finance directors in huge corporate organisations can earn £200-500,000, with several employers paying more to fill their most senior vacancies than they normally did prior to the economic downturn.

Anderson continued: “Competition has already intensified to the extent that senior finance experts routinely receive far more than 1 job provide. Employers are increasingly becoming trumped by lucrative counter-delivers, as CEOs and board directors attempt to hang onto their finance chiefs. Talented qualified accountants are increasingly being sought-right after for monetary analysis roles, or to aid mitigate operational or business risk.

“Telecoms and hi-tech employers are likely to be amongst the most active recruiters. International finance skill sets will be in demand, as a lot of head offices based in the Southern Property Counties oversee finance not just for the UK but also for Europe, Middle East and Africa, or beyond. As the global recovery continues, senior finance experts will increasingly be relied upon to inform cross-border decision-creating.”

About Hays:

Hays plc (the “Group”) is the leading global professional recruiting group. The Group is the expert at recruiting qualified, professional and skilled individuals worldwide, becoming the marketplace leader in the UK and Australia and 1 of the market leaders in Continental Europe. The Group operates across the private and public sectors, offering facilities management jobs (http://www.hays.co.uk/enhance-your-career/facilities-management-jobs/index.htm), social housing jobs (http://www.hays.co.uk/enhance-your-career/social-housing-jobs/index.htm) and admin jobs (http://www.hays.co.uk/enhance-your-career/office-support-jobs/administration-support-jobs/index.htm), amongst others, in permanent positions, contract roles and temporary assignments.

As at 30 June 2010, the Group employed 6,845 staff operating from 270 offices in 28 countries across 17 specialisms.

For further press info please contact:

Alexandra Tucker

Hays

2nd Floor

Stockley House

130 Wilton Road

London

SW1V 1LQ

020 7259 8821

http://www.hays.co.uk

# # #

©Copyright 1997-

, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.

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