[Video] Your quarterly update on the Commerce & Industry market

Ripesh Damania 24.07.2018

Despite the range of influencing factors that affect each industry differently, core accounting functions in general are all in agreement that automation and innovation continue to drive the evolution of finance.

Automation/visualisation is changing the scope of commercial finance - clients are now looking to introduce tools such as tableau and Qlikview to provide automated & more visual reports.

We have seen an increase in roles upward of $150k that provide commercial and decision support to the core finance function in new ways. Between $80k and $130k we’ve seen a huge rise in demand for technical accountants due to the IFRS changes. Strong modelling and systems skills continue to be sought after skill sets, as well as soft skills in business partnering and commercial insights.

We're seeing the need for more candidates with strong Big 4 or Chartered backgrounds with one or two moves into industry - from both the permanent and temporary recruitment side, around the $120k plus salary range.

Such things as "well-being days" or development programs or flexible working are some of the attractive offerings an employer can give beyond salary and role.

Very strong positive movement across a range of industries. In heavy industries, Energy has been  emergent as a driving force, with an increased focus on renewable initiatives and an increase in job flow.

Customer experience will continue to drive Retail - from speaking with senior finance leaders across the retail industry, it seems there is a big focus on improving the end customer experience.

Top three roles in demand in Commerce & Industry

1. Finance Business Partner
2. Finance Manager
3. Financial Accountant

Ripesh Damania's picture
Director | Technology & Analytics
rdamania@morganmckinley.com.au