Belfast Telegraph

Accountants in big demand by cost-cutting bosses

Opportunities for accountants in Northern Ireland look promising despite the economic downturn and job losses, according to a new report.

Recruitment firm Hays Senior Finance said it has experienced a rise in permanent and temporary vacancies registered with them over the past six months, making the outlook brighter for 2011.

Luke Fuller, senior manager at Hays Senior Finance in Northern Ireland, said businesses are re-structuring their workforce to build a strong position for when the market improves.

"There has been a rise in contracts of over 12 months in particular as clients seek to reduce risk and take advantage of the flexible nature of the current workforce," he said.

"We have been able to assist some of the biggest employers in Northern Ireland secure good qualified accountants, and amongst candidates the most highly prized are cost accountants. Manufacturers in particular are keen to recruit good people who know how to drive down the cost base."

According to a survey by Hays, 14% of employers say skill shortages will be their biggest obstacle to growth in 2011.