The pace of new hiring for accounting and finance jobs is expected to hit its highest level this year during the fourth quarter within certain markets, according to a new report.
A quarterly survey by the staffing company Brilliant found that businesses in two areas of the country are reporting strong plans to hire accounting, finance and IT professionals in the fourth quarter.
The Brilliant Q4 2015 Accounting, Finance and IT Hiring Forecast, produced with Dr. Richard Curtin, director of surveys of consumers at the University of Michigan, Ann Arbor, examines the hiring and business practices of human resources professionals and hiring managers within the greater Chicago and south Florida markets. The study was conducted between July 21, 2015 and Aug. 5, 2015.
The data indicates that companies have a high percentage of unmet needs within their accounting, finance and IT functions, especially within accounting and finance. In addition, the positions have been vacant for short periods of time with most companies planning to fill the roles as quickly as possible.
“The most interesting finding is that unfilled accounting and finance positions continued to increase, while open IT positions declined somewhat,” said Dr. Curtin in a statement. “Open accounting and finance jobs were reported by 42 percent, up from 36 percent last quarter and 30 percent in Q4 2014. In contrast, unfilled IT positions were reported by 33 percent of companies, marginally below last quarter's 37 percent and substantially below the 58 percent in Q2 2015.”
Twenty percent of companies reported plans to increase their pace of hiring for accounting and finance professionals, up from 14 percent last quarter. 12 percent of companies reported plans to increase their pace of IT hiring, down from 14 percent last quarter.
“Despite the recent global economic challenges, businesses are reporting unmet accounting, finance and IT needs,” said Brilliant CEO Jim Wong. “We remain optimistic that hiring plans will remain strong for accounting, finance and IT professionals in the near term.”
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