The Coronavirus employment market: Finance positions in demand

The employment market has been significantly impacted by the Coronavirus pandemic, with many professionals being furloughed or made redundant over recent months.

The current climate isn’t all doom and gloom, however. Even as many companies re-evaluate and adjust their budgets, pivot their business/staffing strategies and revise revenue forecasts, it probably comes as no surprise that recruiting for finance roles remains relatively buoyant, given many finance professionals are regarded as key to helping businesses recover both during- and post-pandemic.

Here’s an overview of some of the most in-demand finance positions in the current employment market.

Accounts Payable/Receivable Officers

Coronavirus has put increased pressure on finance departments with all companies needing to continue to pay their staff, suppliers, and get paid too. On top of this, securing finances and managing outgoings are taking centre stage in the current environment because of the importance of maintaining cashflow to business continuity and survival.

Consequently, demand for finance professionals with accounts payable and receivable experience continues to rise as they are increasingly emphasised as critical business functions.

Credit Controller

Like a ripple effect, the future economic impacts of Coronavirus are still largely unknown and could be felt across a wide variety of industries. Unsurprisingly, with the primary responsibility of protecting financial institutions from credit losses, credit controllers will likely be in demand in the coming months because of their ability to carry out credit checks, resolve invoice payment problems and report on ongoing issues.

Accountant/Accounting Clerk

It’s always been crucial for companies to manage financial records accurately, but transparency over company finances has entered the spotlight recently as leaders must be able to quickly understand the health of their businesses. Talented accountants and accounting clerks who can ensure excellent financial record keeping and reporting within companies will be highly sought-after in the coming months as companies reshape and refine their strategies against financial goals.

Finance Manager

Financial leadership is key in today’s volatile market as the financial wellbeing of companies is not something that can be taken for granted in the coming months. Markets have changed and are likely to continue to change as companies navigate an unpredictable period of economic uncertainty. For this reason, financial managers are required to closely monitor the financial status of companies, strengthen communication with key stakeholders through regular and detailed reports, and develop realistic short and long-term financial goals.

Companies are also increasingly attracted to a flexible staffing approach, consisting of a mix of talented permanent finance professionals and project-based finance specialists. This staffing strategy allows organisations to build an agile team that is responsive to changing conditions without compromising on the required institutional knowledge and business-critical skills that will support the company through COVID-19 and beyond.

Whether you’re looking to hire on-site or remote staff, we got you covered. Our highly skilled, pre-vetted professionals are capable of working remotely from anywhere.