The stronger labour market is being driven by increased
confidence among employers and workers alike
HIRING TRENDS IN ACCOUNTING AND FINANCE
CONFIDENCE IN BRISTOL
EXPANDING TEAMS
As a result, 70% of businesses in Bristol are reliant on interim
professionals for management or
C-suite roles
PERMANENT STAFF IN SHORT SUPPLY
Businesses are adding headcount to their accounting
and finance teams
RECRUITING FINANCE PROFESSIONALS IS A CHALLENGE
95% of CFOs are challenged in finding skilled professionals in Bristol
SPECIALIST PROFESSIONALS ARE HARD TO FIND
LACK OF NICHE, TECHNICAL TALENT
1LACK OF COMMERCIAL,
BUSINESS SKILLS
3GENERAL DEMAND OUTWEIGHS SUPPLY
2
TOP THREE REASONS FOR THE SKILLS SHORTAGE
FIVE HOT SKILLS AND QUALIFICATIONS FOR 2016
• ACA/ACCA/CIMA with 5–10 years’ post-qualification experience
• Part-qualified CIMA/ACCA with management accounting skills
• Technology and software skills in advanced Excel/SAP/Sage
• Business partnering and communication skills
• Financial modelling
PERMANENT ROLES IN DEMAND
• CFOs and finance directors with strategic and commercial skill sets
• Financial controllers/business partners
• Qualified/part-qualified management accountants
• Credit controller/purchase ledger, sales ledger and payroll clerks
TEMPORARY AND INTERIM ROLES IN DEMAND
• Financial transformation/system improvement experts
• Financial reporting professionals
• Financial planning and analysis professionals
• Accounts assistants, credit controllers, and purchase ledger clerks
SALARIES BRISTOL
Chief Financial Officer/Group Finance Director
SME £78,900 - £97,100 £79,100 - £103,800 3.9%
Large £87,500 - £135,000 £87,700 - £139,600 2.2%
Finance DirectorSME £57,500 - £94,400 £58,400 - £99,200 3.8%
Large £69,900 - £115,800 £70,400 - £120,200 2.6%
Qualified Management / Financial Accountant
SME £32,100 - £38,100 £32,500 - £39,500 2.6%
Large £40,600 - £52,400 £41,100 - £55,100 3.5%
Financial ControllerSME £43,600 - £58,400 £44,800 - £60,200 2.9%
Large £52,600 - £60,700 £53,100 - £63,900 3.3%
Financial Business PartnerSME £41,800 - £49,600 £41,800 - £52,100 2.8%
Large £43,600 - £51,500 £43,400 - £55,100 3.6%
JOB TITLE COMPANY SIZE 2015 2016 % CHANGE
SALARIES BRISTOL (CONTINUED)
88% of CFOs have offered a higher salary than originally planned to secure a talented professional
Financial Planning & Analysis Manager
SME £57,000 - £63,000 £57,500 - £65,300 2.3%
Large £58,600 - £65,500 £58,800 - £68,500 2.6%
Financial AnalystSME £34,400 - £41,100 £34,600 - £43,800 4.0%
Large £36,000 - £45,900 £36,700 - £48,500 3.9%
Credit ControllerSME £15,500 - £23,800 £15,900 - £24,500 2.9%
Large £18,200 - £26,300 £18,500 - £27,500 3.1%
Payroll Administrator/ClerkSME £16,600 - £20,500 £17,100 - £21,000 2.5%
Large £18,700 - £23,300 £19,200 - £23,800 2.2%
Purchase/Sales Ledger ClerkSME £15,200 - £22,600 £15,500 - £23,300 2.4%
Large £19,200 - £24,900 £19,600 - £25,600 2.6%
JOB TITLE COMPANY SIZE 2015 2016 % CHANGE
RETENTION A KEY CONCERN IN BRISTOL
90% of CFOs in Bristol are concerned about losing top financial performers
43%
A RISE IN REMUNERATION OR BONUSES TO CURRENT
EMPLOYEES
35%
CAREER DEVELOPMENT OPPORTUNITIES
IN A BID TO KEEP TOP PERFORMERS, BUSINESSES WILL BE OFFERING:
28%
FLEXIBLE WORKING OPPORTUNITIES
REMUNERATION TRENDS FOR EXISTING STAFF
33% of CFOs
EXPECT TO INCREASE BONUSES AWARDED
68% of CFOs
PLAN TO INCREASE SALARIES
DOWNLOAD THE 2016 SALARY GUIDE
For more accounting and finance salary and hiring trends, download the full Robert Half 2016 Salary Guide at roberthalf.co.uk/salary-centre
2016SALARY GUIDE