November has been another busy month but the market is quietening off as we approach Christmas. New permanent vacancies registered with us decreased by over 50%. Vacancies have been posted by accountancy practices across the UK although half of those registered were in the North West and the Midlands. Salary levels remain static – usual ranges for permanent ACCA full member accountants for Senior Accountant roles being around £35-40k across the country, with very few above this, although London firms seem to be mostly willing to increase up to £45k to attract the right person. Audit roles remain separate and quite distinct from this with figures increasing to £50-55k. More unusual roles can be considerably higher, with some specialist accountancy practices offering up to £65k for senior roles where expertise in one industry is needed. Contract roles have remained few and far between. There is a glut of part qualified ACCA accountants with 1-2 years experience, but a real shortfall of experienced and qualified ACCA and FCCA candidates in all geographical areas.
Out of the 14 new vacancies posted in November 8 of them were in Greater London and the South East. 4 were in the North West and 2 were in the Midlands.
Market outlook – demand will continue to fall as we approach Christmas.
Statistics for November (October in brackets)
Current live vacancies: 60 (60)
New salaried vacancies added in October: 14 (51)
New candidates registering: 53 (67)