Brexit bounce beside jobs boom in accountancy across the UK
Going up: is Brexit creating a jobs boom for accountancy and financial services on these shores? Image by Crystal Light (via Shutterstock).
In a previous article, we looked at how post-Brexit Britain could be good for accountancy. If recent labour market figures are anything to go by, we are in the midst of one just now. In the UK, accountancy and financial industries are enjoying some sort of a jobs boom. This is according to figures acquired by Robert Walters, a recruitment consultancy specialising in our industrial sector.
According to their figures, there has been a phenomenal 41% rise in accounting and financial jobs over the last year. The jobs boom, from the first quarter of 2016, leading to this year’s first quarter has also seen:
A 43% rise in supply chain positions;
An increase in banking roles by a third;
A 25% increase in advertised positions;
A 14% rise in jobs for Certified Accountants – the biggest rise to date for this position;
A 10% rise in demand for assistant accountants;
A 7% rise in finance managers.
Prior to this year’s results, accountancy practices put off recruitment due to the uncertainty of last June’s EU Membership Referendum. With the recent triggering of Article 50, the jobs boom couldn’t have come at a better time. With future trading deals to negotiate, the accountancy profession could be at the forefront of any deals.
So, if you’re thinking of becoming an accountant, you couldn’t have picked a better time for job security. On the other hand, expect a more competitive labour market for each application.