Oct 29

With the demand for talent so very strong you would think that niche skills would prioritise over bad interviews techniques? Wrong!
Employers are telling us that they would still rather have a shortfall on talent than hire the wrong person. Senior employees and experienced staff members have a follow on effect to junior and other team members. By hiring the wrong person you might find that you will be looking for more staff very soon indeed.

Key points for the employer to consider when hiring are:
• Why did this person leave? If you know this answer you must use this information, if it was the fault of the firm then make sure it doesn’t happen again. Do not brush things on under the carpet as history has a habit of repeating itself.
• If you do not know why the employee left, then you really should consider conducting a termination interview where you can have an informal talk with the employee before they leave. Many firms use a HR company to do this if they do not have sufficient resources themselves.
• Decide how you are going to hire this time; it may be better to be low key and use a specialise recruitment agency that can specifically find you a person with a valid motive and skills rather than try to decipher potential employees from the masses that could apply.
• Decide what you want as a firm wish list of skills and personality before you start interviewing. Make a mental note now to write this list down. You’d be surprised how many people interview without having a set skill list of particulars they need the candidate to possess. By not being prepared it’s a dangerous method of interviewing.
• Plan your time line of how you will interview and when you will reject candidates. Many candidates that work in your sector will hold memory of how they are treated if they are unsuccessful in their application; how you handle your recruitment and “declines” is extremely important if you want to keep a good personal and company reputation.
• If there is more than one decision maker involved in the decision making process of hiring don’t go ahead and book your job advert unless you are all agreed on the same preferred outcome.
• Lastly, look to see what other similar employers are offering in terms of pay and benefits before you start to advertise, interview or commit to your recruitment.

Find out the right information about the employment markets, pay rates and candidates at financejobs for accounts jobs and financial accountancy employment.

Oct 29

Finance and accounting skills are still in high demand and pressures from overseas employers are intensifying domestic skills shortages. Financejobs.co.nz is seeing high numbers of newly qualified accountants accepting positions overseas in Australia and this is leading to severe shortages of mid-level professionals.

This AU exodus is a serious concern because the number of people choosing to study accounting has remained flat over the last decade and there are no known immediate changes to mediate this. There has not been an increase in the supply of qualified labour at a time when demand for finance skills has escalated.

The flow-on effect is intense competition for available candidates and this is putting upwards pressure on salary levels. Shortages are most prevalent at the junior and mid-levels, although the broader skills crisis extends across the entire finance industry.

From a New Zealand viewpoint, the highest levels of finance employment growth have occurred in Auckland and Christchurch.

Companies undertaking exploration projects and expansion plans are hiring finance and accounting staff to support growth. This is driving demand for financial accountants, management accountants and business analysts

Our Marketplace information

• Highest demand is for contractors with skills with financial analysis skills, business analysis skills in audit & tax.

• Chartered accountants from the Big 4 accounting firms with 3-5 years’ experience
are at a premium.

• At the senior end of the market, candidates with Asia Pacific experience are attractive to employers, specifically in the areas of change management, strategic review and internal control.

• High demand for mid-level financial accountants, management accountants,
business analysts and systems accountants which is reflective of similar shortages in the permanent jobs market.

Find Accounts jobs and financial management work via financejobs.co.nz the jobboard for NZ and AU