Expansions lead to finance job increase
Company expansions and a growing number of business projects have led to an increase of 850 roles across financial and insurance services in the first quarter of 2017, according to Robert Half’s Australian Jobs Monitor.
Using the latest data released by the Australian Bureau of Statistics (ABS), the recruitment services firm said this represented a yearly increase of five per cent in finance employment, which was a slight increase for the sector in the first half of 2017, and pointed to a steady hiring trend through to the end of the year.
Robert Half senior managing director, David Jones said companies needed robust finance staff to manage evolving finance functions and remain competitive.
“Our independent research shows the number one priority for more than half of Australia’s CFOs (chief financial officers) in 2017 is talent management, which includes staff acquisition, staff retention and professional development for existing staff,” Jones said.
“Combined with fostering high-performing staff, companies also need the required expertise across all functional areas within finance.”
Jones added staff development programs would be vital in order for employees to be up-to-date with the latest finance technology and processes as well as digitisation and automation.
AUTHOR
Malavika Santhebennur
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