Recruitment Review 2015 Accountancy & Finance€¦ · Corporate Finance 34 Six key considerations...

Recruitment Review 2015Accountancy & Finance

Built on Recommendations

3

Contents

About Randstad Financial & Professional 4

Executive summary 5

Salary snapshot

Small to medium enterprises 9

Large corporate businesses 12

Public Sector 14

Salary insight

Corporate Governance 17

Taxation - Practice 20

Taxation - Inhouse 26

Treasury 28

Business Services/general Practice 30

Restructuring/Recovery/Forensics 32

Corporate Finance 34

Six key considerations for HR in 2015 36

Salary by qualification

Qualified 39

Part qualified 41

West Yorkshire transactional accountancy 41

Why choose Randstad? 42

Get in touch 43

4

Founded in 1960, Randstad is a global leader in recruitment and HR services, operating in more than 40 countries from 4,496 offices, with a mission to take the lead in shaping the world of work.

A pioneer in the UK professional recruitment sector, Randstad Financial & Professional is the specialist recruitment firm for accountancy, financial services, professional services, commerce and industry across public, private and not–for–profit organisations.

Many Randstad Financial & Professional staff have been with us since the early days, and our long-serving consultants now deal with many clients who were once job-seeking candidates themselves.

As long-term business partners, we shape tomorrow’s workforce through our specialist experience. We also bring expert knowledge through our research and guidance on emerging trends and best recruitment practice.

Randstad UK as specialists

Our past acquisitions and current focus on building teams with highly specialist knowledge in recruiting for a particular job function, industry sector or location supports our positioning as a specialist recruiter.

Our core specialisms (with offices based across the UK) include;

• Technologies

• Digby Morgan - HR

• Business Support - Sales, Marketing, Retail and Administration

• Inhouse Services

• Care

• Construction, Property and Engineering

• Student and Worker Support

• Sourceright (RPO & MSP)

Methodology

This salary guide has been compiled using data gathered between January 2014 and December 2014 from job listings, job offers and candidate registrations.

Details of the survey respondents are as follows:

About Randstad Financial& Professional

respondents

Total sample 8200

Gender

Men 3958

Women 4242

Age

18 - 29 years 2520

30 - 39 years 2055

40 - 49 years 2379

50 - 65 years 1246

Education

Secondary education 1476

Vocational qualification 652

Professional qualification 839

Further education 993

Higher education/university degree

3278

Postgraduate 962

Region

London 2302

South 1507

Midlands 923

North 1300

Scotland 965

Yorkshire and Humber 1203

5

I very much hope you will find our Recruitment Review interesting. Please do not hesitate to contact us for any further or more detailed information and of course we would be delighted to discuss any recruitment requirements you may have.

Best regards

Tara Ricks, Managing Director Randstad Financial & Professional

Executive summaryThe UK recruitment prospects are shaping up well for 2015, with the latest figures from the Recruitment and Employment Confederation highlighting an estimated growth in the jobs market of nine per cent in the coming year.

Confidence is high in the financial services, commerce and industry sectors, with economic indicators improving steadily, employers optimistic about their overall business situation and talented candidates able to choose from multiple job offers.

That confidence is also echoed in the latest reports from the CIPD, which sees the UK labour market continuing to expand at a “strong rate” of around 2.4% in 2015. This is a little less than it was in 2014, and the slight slow-down is likely to be reflected in wages, where the expectation is that they will continue to flat-line until 2016.

For employees, who have been doggedly waiting out the recession by honing their skills in much leaner organisations, the effect has been to see them emerge keener into this changing employment market. While the downsizing over the past few years has meant extra work and pressure for many staff, it has, in turn, equipped them with additional skills and responsibilities. Typically, specialists have taken on generalist duties and generalists have developed further specialist skills, making them both eminently employable in this buoyant market.

Demand for temporary and interim staff continues, but strong banking candidates with up to three years’ experience are now starting to look for permanent positions. Their reluctance to take on roles for less than three months reflects an increase in confidence in the market.

One negative factor in this vigorous job arena, however, is over-long recruitment processes, where psychometric testing, interview presentations and competency-based interviews are now becoming the norm. When the market is buoyant and dynamic, it pays to be fast and agile, this is where understanding salaries across job profiles will help.

6

Britain has a problem with professional fulfilment. Almost 10 million British employees say they are not happy with their current employer.

In a survey carried out by Randstad over the last quarter, when asked “how satisfied are you with your current employer?” 33% said they were not satisfied with their current employer. With the number of people in work within the UK in late 2014 nearly standing at 30 million, the research suggests that, across the country, 9.85 million employees are professionally unfulfilled.

This snapshot is not a one-off phenomenon – job satisfaction is consistently lower in the UK than in our European peers. In a set of 13 similar quarterly surveys carried out over the course of three years, tracking job satisfaction levels internationally, Randstad interviewed approximately 26,000 employees from the UK as well as Britain’s peers in Europe. The UK had the lowest scores against its key Euro peer group for job satisfaction for 9 of the 13 quarters analysed.

Mark Bull, CEORandstad UK and Middle East

Extract from Randstad’s Fulfilment@Work report:

7

Salary snapshot9 Small to medium enterprises

12 Large corporate businesses

14 Public Sector

9

Finance Director/Divisional Finance Director £80,000 - £120,000

Financial Controller £60,000 - £80,000

Company Accountant £45,000 - £55,000

Financial Accountant £43,000 - £53,000

Management Accountant £43,000 - £53,000

Finance Manager £50,000 - £60,000

Systems Accountant £40,000 - £60,000

Project Accountant £45,000 - £60,000

























Greater London

Southern Home Counties

Northern Home Counties

Midlands

Small to medium enterprises

10

































North West

North East

Yorkshire

Scotland

Small to medium enterprises

12

Large corporate businesses

Group Finance Director/Chief Financial Officer £120,000 - £250,000



Financial Planning & Analysis Manager £70,000 - £90,000




Business Analyst £55,000 - £65,000



PQ Financial Analyst £28,000 - £38,000

PQ Management Accountant £27,000 - £36,000

Assistant Accountant £23,000 - £30,000

Accounts Assistant £19,000 - £25,000























Greater London

13

North East











Yorkshire











Scotland











Minimum range Min - Med range Med - Max range Maximum range

Finance Director/CFO N/A N/A £50,000 - £80,000 £70,000 +

Head of Finance N/A N/A £45,000 - £70,000 £50,000 - £85,000

Chief Accountant N/A N/A £40,000 - £58,000 £50,000 - £80,000

Finance Planning Manager N/A £37,000 - £50,000 £42,000 -£55,000 £45,000 - £60,000

Finance Manager £28,000 - £38,000 £35,000 - £45,000 £40,000 - £55,000 £42,000 - £60,000

Project Systems Accountant £28,000 - £38,000 £35,000 - £45,000 £36,000 - £50,000 £48,000 - £55,000

Financial Analyst £28,000 - £38,000 £35,000 - £45,000 £36,000 - £52,000 £40,000 - £60,000

Management/Accountant £26,000 - £36,000 £33,000 - £45,000 £36,000 - £50,000 £40,000 - £52,000

14

Public Sector

Core Finance

Specialist Roles

Head of Audit N/A N/A £40,000 - £60,000 £50,000 - £80,000

Auditor £25,000 - £38,000 £35,000 - £45,000 £38,000 - £50,000 £40,000 - £60,000

Treasury £25,000 - £38,000 £35,000 - £45,000 £38,000 - £50,000 £50,000 - £80,000

Flexible working becomes a dually beneficial tool to both attract talent and cut costs

Government funding restrictions, hiring freezes and restructuring have had a cumulative impact on public sector finance teams over recent years. Central government policies around major projects cause fluctuations in employment opportunities while the evolving education system with its changing sources of funding is creating unique pockets of highly sought after, niche accountancy expertise.

Move out to move up

With restricted headcount and opportunities at local authorities, the prospect of career progression is the strongest incentive to change jobs and is the most compelling attraction tool one borough will have over another.

Apples and oranges increasingly alike

New starters are no longer being offered as standard the generous annual leave allowances, pensions or longevity of service incentives once commonplace in the public sector. Rather, some boroughs mimicking the private sector are selectively offering competitive benefits packages and performance-based incentives to attract the best talent. The dimensions of the overall offers are particularly important in a sector unable to offer bonuses.

While hiring processes can still be arduous, bureaucratic and drawn out, and interview processes can involve extensive competency– based testing, panel interviews and rigid requirements, public sector organisations pre-approve headcount, i.e. before undertaking the recruitment process – so ultimately the start date of the new employee is in reality unaffected.

Minimum range Min - Med range Med - Max range Maximum range

Finance Director/CFO N/A N/A £50,000 - £80,000 £70,000 +

Head of Finance N/A N/A £45,000 - £70,000 £50,000 - £85,000

Chief Accountant N/A N/A £40,000 - £58,000 £50,000 - £80,000

Finance Planning Manager N/A £37,000 - £50,000 £42,000 -£55,000 £45,000 - £60,000

Finance Manager £28,000 - £38,000 £35,000 - £45,000 £40,000 - £55,000 £42,000 - £60,000

Project Systems Accountant £28,000 - £38,000 £35,000 - £45,000 £36,000 - £50,000 £48,000 - £55,000

Financial Analyst £28,000 - £38,000 £35,000 - £45,000 £36,000 - £52,000 £40,000 - £60,000

Management/Accountant £26,000 - £36,000 £33,000 - £45,000 £36,000 - £50,000 £40,000 - £52,000

15

Head of Audit N/A N/A £40,000 - £60,000 £50,000 - £80,000

Auditor £25,000 - £38,000 £35,000 - £45,000 £38,000 - £50,000 £40,000 - £60,000

Treasury £25,000 - £38,000 £35,000 - £45,000 £38,000 - £50,000 £50,000 - £80,000

Salary insightanalysed by regions & job profiles

17 Corporate Governance

20 Taxation – Practice

26 Taxation – general

28 Treasury

30 Business Services/General Practice

32 Restructuring/Recovery/Forensics

34 Corporate Finance

17

Minimum range Medium range Maximum range

Audit Director/Head of Internal £70,000 - £95,000 £95,000 - £130,000 £130,000 - £150,000

Audit Senior/Audit Manager £60,000 - £70,000 £70,000 - £80,000 £80,000 - £90,000

Audit Manager £50,000 - £60,000 £60,000 - £70,000 £70,000 - £80,000

Senior Internal Auditor £45,000 - £50,000 £50,000 - £55,000 £55,000 - £60,000

Internal Auditor £33,000 - £38,000 £38,000 - £43,000 £43,000 - £45,000

Junior Audit £25,000 - £27,000 £27,000 - £32,000 £32,000 - £38,000

Senior Operational Auditor £45,000 - £48,000 £48,000 - £52,000 £52,000 - £55,000

Operational Auditor £35,000 - £40,000 £40,000 - £45,000 £45,000 - £50,000

Greater London

Corporate Governance




Audit Manager £50,000 - £60,000 £60,000 - £70,000 £70,000 - £75,000



Junior Audit £25,000 - £27,000 £27,000 - £32,000 £32,000 - £35,000






Audit Manager £50,000 - £60,000 £60,000 - £70,000 £70,000 - £75,000



Junior Audit £25,000 - £27,000 £27,000 - £32,000 £32,000 - £35,000






Audit Manager £55,000 - £65,000 £65,000 - £70,000 £70,000 - £75,000



Junior Audit £22,000 - £26,000 £26,000 - £30,000 £30,000 - £32,000



18

Midlands



Audit Manager £45,000 - £50,000 £50,000 - £60,000 £60,000 - £70,000



Junior Audit £22,000 - £27,000 £27,000 - £30,000 £30,000 - £32,000



North East



Audit Manager £45,000 - £60,000 £60,000 - £65,000 £65,000 - £70,000



Junior Audit £22,000 - £25,000 £25,000 - £27,000 £27,000 - £32,000



North West

Corporate Governance




Audit Manager £45,000 - £50,000 £50,000 - £60,000 £60,000 - £70,000



Junior Audit £22,000 - £27,000 £27,000 - £30,000 £30,000 - £32,000



19

Yorkshire

Scotland



Audit Manager £45,000 - £55,000 £55,000 - £60,000 £60,000 - £65,000



Junior Audit £20,000 - £25,000 £25,000 - £28,000 £28,000 - £30,000



20

Taxation – Practice


Partner (Corporate Tax) £100,000 - £400,000 £400,000 - £600,000 £600,000 - £700,000

Director (Corporate Tax) £80,000 - £100,000 £100,000 - £140,000 £140,000 - £175,000

Senior Manager (Corporate Tax) £65,000 - £75,000 £75,000 - £85,000 £85,000 - £95,000

Manager (Corporate Tax) £45,000 - £55,000 £55,000 - £65,000 £65,000 - £70,000

Assistant Manager (Corporate Tax) £45,000 - £48,000 £48,000 - £53,000 £53,000 - £55,000

Senior (Corporate Tax) £33,000 - £38,000 £38,000 - £42,000 £42,000 - £48,000

Tax Assistant (Corporate Tax) £25000 - £27,000, £27,000 - £30,000 £30,000 - £33,000

Partner (Personal Tax) £100,000 - £300,000 £300,000 - £500,000 £500,000 - £600,000

Director (Personal Tax) £80,000 - £100,000 £100,000 - £130,000 £130,000 - £160,000

Senior Manager (Personal Tax) N/A £70,000 - £85,000 £85,000 - £95,000

Manager (Personal Tax) £45,000 - £52,000 £52,000 - £60,000 £60,000 - £67,000

Assistant Manager (Personal Tax) £38,000 - £43,000 £43,000 - £47,000 £47,000 - £52,000

Senior (Personal Tax) £30,000 - £35,000 £35,000 - £40,000 £40,000 - £45,000

Tax Assistant (Personal Tax) £23,000 - £27,000 £27,000 - £30,000 £30,000 - £33,000

Partner (Indirect Tax) £100,000 - £300,000 £300,000 - £500,000 £500,000 - £600,000

Director (Indirect Tax) £80,000 - £100,000 £100,000 - £130,000 £130,000 - £160,000

Senior Manager (Indirect Tax) £60,000 - £70,000 £70,000 - £85,000 £85,000 - £95,000

Manager (Indirect Tax) £45,000 - £50,000 £50,000 - £55,000 £55,000 - £65,000

Assistant Manager (Indirect Tax) £37,000 - £42,000 £42,000 - £50,000 £50,000 - £55,000

Senior (Indirect Tax) £30,000 - £35,000 £35,000 - £40,000 £40,000 - £45,000

VAT Assistant (Indirect Tax) £23,000 - £28,000 £28,000 - £32,000 £32,000 - £34,000

Greater London




Audit Manager £50,000 - £60,000 £60,000 - £70,000 £70,000 - £75,000



Junior Audit £25,000 - £27,000 £27,000 - £32,000 £32,000 - £35,000



21








Tax Assistant (Corporate Tax) £24,000 - £26,000 £26,000 - £27,000 £27,000 - £31,000



Senior Manager (Personal Tax) £50,000 - £55,000 £55,000 - £60,000 £60,000 - £70,000













22























Midlands


23























North East














North West

24














Yorkshire

25























Scotland

26

Taxation – Inhouse


Head of Tax/Group Tax Manager £95,000 - £130,000 £130,000 - £180,000 £180,000 - £225,000

Senior Tax Manager £75,000 - £90,000 £90,000 - £120,000 £120,000 - £130,000

Tax Manager (2-6 yrs PQE) £60,000 - £70,000 £70,000 - £80,000 £80,000 - £90,000

Tax Accountant £40,000 - £45,000 £45,000 -£55,000 £55,000 - £65,000

VAT Manager £70,000 - £80,000 £80,000 - £90,000 £90,000 - £100,000

VAT Accountant £50,000 - £60,000 £60,000 - £70,000 £70,000 - £75,000

Tax Assistant £30,000 - £33,000 £33,000 - £37,000 £37,000 - £40,000





Tax Accountant £40,000 - £45,000 £45,000 - £50,000 £50,000 - £55,000

VAT Manager £55,000 - £65,000 £65,000 - £75,000 £75,000 - £85,000

VAT Accountant £45,000 - £50,000 £50,000 - £60,000 £60,000 - £65,000

Tax Assistant £25,000 - £28,000 £28,000 - £32,000 £32,000 - £35,000





Tax Accountant £35,000 - £40,000 £40,000 - £45,000 £45,000 - £50,000

VAT Manager £60,000 - £70,000 £70,000 - £80,000 £80,000 - £85,000

VAT Accountant £45,000 - £50,000 £50,000 - £55,000 £55,000 - £65,000

Tax Assistant £25,000 - £30,000 £30,000 - £35,000 £35,000 - £36,000

Midlands




Tax Accountant £35,000 - £40,000 £40,000 - £45,000 £45,000 - £50,000

VAT Manager £55,000 - £60,000 £60,000 - £70,000 £70,000 - £78,000

VAT Accountant £40,000 - £45,000 £45,000 - £50,000 £50,000 - £60,000

Tax Assistant £24,000 - £26,000 £26,000 - £28,000 £28,000 - £30,000

Greater London

27





Tax Accountant £35,000 - £38,000 £38,000 - £43,000 £43,000 - £48,000

VAT Manager £55,000 - £60,000 £60,000 - £70,000 £70,000 - £80,000

VAT Accountant £40,000 - £50,000 £50,000 - £55,000 £55,000 - £60,000

Tax Assistant £21,000 - £28,000 £28,000 - £32,000 £32,000 - £36,000

North East




Tax Accountant £35,000 - £40,000 £40,000 - £43,000 £43,000 - £45,000

VAT Manager £50,000 - £60,000 £60,000 - £70,000 £70,000 - £80,000

VAT Accountant £40,000 - £45,000 £45,000 - £55,000 £55,000 - £60,000

Tax Assistant £22,000 - £23,000 £23,000 - £23,500 £23,500 - £24,000

Yorkshire




Tax Accountant £35,000 - £38,000 £42,000 - £42,000 £42,000 - £45,000

VAT Manager £55,000 - £65,000 £65,000 - £70,000 £70,000 - £75,000

VAT Accountant £40,000 - £45,000 £45,000 - £50,000 £50,000 - £60,000

Tax Assistant £21,000 - £23,000 £23,000 - £24,000 £24,000 - £26,000




Tax Accountant £35,000 - £38,000 £38,000 - £42,000 £42,000 - £45,000

VAT Manager £55,000 - £60,000 £60,000 - £65,000 £65,000 - £75,000

VAT Accountant £45,000 - £48,000 £48,000 - £53,000 £53,000 - £55,000

Tax Assistant £22,000 - £24,000 £24,000 - £25,000 £25,000 - £27,000

North West

27

Scotland

28


Group Treasurer £150,000 - £170,000 £170,000 - £180,000 £180,000 - £200,000

Assistant Treasurer £100,000 - £130,000 £130,000 - £150,000 £150,000 - £170,000

Treasury Manager £55,000 - £65,000 £65,000 - £75,000 £75,000 - £80,000

Treasury Accountant £40,000 - £50,000 £50,000 - £60,000 £60,000 - £70,000

Treasury Analyst £35,000 - £40,000 £40,000 - £45,000 £45,000 - £50,000

Treasury Assistant £25,000 - £28,000 £28,000 - £33,000 £33,000 - £35,000

Treasury

Greater London


Group Treasurer £130,000 - £150,000 £150,000 - £160,000 £160,000 - £170,000







Group Treasurer £100,000 - £130,000 £130,000 - £170,000 £170,000 - £200,000






Midlands

Group Treasurer £80,000 - £90,000 £90,000 - £100,000 £100,000 - £120,000







Group Treasurer £130,000 - £150,000 £150,000 - £160,000 £160,000 - £170,000






29

North East

Group Treasurer £130,000 - £150,000 £150,000 - £160,000 £160,000 - £170,000






Yorkshire

Group Treasurer £130,000 - £150,000 £150,000 - £160,000 £160,000 - £170,000






Scotland

Group Treasurer £130,000 - £150,000 £150,000 - £160,000 £160,000 - £170,000






North West

30


Director £80,000 - £85,000 £85,000 - £90,000 £90,000 - £100,000

Senior Manager £55,000 - £58,000 £58,000 - £63,000 £63,000 - £65,000

Manager £45,000 - £48,000 £48,000 - £54,000 £54,000 - £58,000

Supervisor £33,000 - £37,000 £37,000 - £40,000 £40,000 - £42,000

Assistant (Qualified) £30,000 - £32,000 £32,000 - £34,000 £34,000 - £36,000

Assistant (Studying) £18,000 - £20,000 £20,000 - £23,000 £23,000 – £26,000

Business Services/General Practice

Greater London


Director £70,000 - £80,000 £80,000 - £85,000 £85,000 - £90,000

Senior Manager £50,000 - £55,000 £55,000 -£58,000 £58,000 - £62,000

Manager £40,000 - £42,000 £42,000 - £46,000 £46,000 - £50,000

Supervisor £32,000 - £36,000 £36,000 - £38,000 £38,000 - £40,000




Director £70,000 - £80,000 £80,000 - £85,000 £85,000 - £90,000

Senior Manager £49,000 - £58,000 £58,000 - £60,000 £60,000 - £62,000

Manager £41,000 - £43,000 £43,000 - £45,000 £45,000 - £49,000

Supervisor £32,000 - £35,000 £35,000 - £38,000 £38,000 - £40,000



31


Director £65,000 - £70,000 £70,000 - £75,000 £75,000 - £80,000

Senior Manager £45,000 - £48,000 £48,000 - £53,000 £53,000 - £56,000

Manager £36,000 - £39,000 £39,000 - £42,000 £42,000 - £46,000

Supervisor £28,000 - £32,000 £32,000 - £35,000 £35,000 - £36,000


Assistant (Studying) £16,000 - £20,000 £20,000 - £23,000 £23,000 - £24,000

Midlands

North West

Director £60,000 - £65,000 £65,000 - £70,000 £70,000 - £80,000

Senior Manager £43,000 - £48,000 £48,000 - £52,000 £52,000 - £55,000

Manager £35,000 - £38,000 £38,000 - £42,000 £42,000 - £45,000

Supervisor £30,000 - £32,000 £32,000 - £34,000 £34,000 - £36,000



North East

Director £60,000 - £64,000 £64,000 - £68,000 £68,000 - £72,000

Senior Manager £40,000 - £45,000 £45,000 - £50,000 £50,000 - £53,000

Manager £33,000 - £36,000 £36,000 - £40,000 £40,000 - £43,000

Supervisor £28,000 - £30,000 £30,000 - £32,000 £32,000 - £34,000



Yorkshire

Director £55,000 - £60,000 £60,000 - £65,000 £65,000 - £75,000

Senior Manager £40,000 - £45,000 £45,000 - £50,000 £50,000 - £55,000

Manager £34,000 - £37,000 £37,000 - £40,000 £40,000 - £44,000

Supervisor £27,000 - £30,000 £30,000 - £33,000 £33,000 - £35,000



Director £60,000 - £63,000 £63,000 - £67,000 £67,000 - £70,000

Senior Manager £48,000 - £50,000 £50,000 - £52,000 £52,000 - £54,000

Manager £32,000 - £35,000 £35,000 - £39,000 £39,000 - £42,000

Supervisor £28,000 - £30,000 £30,000 - £34,000 £34,000 - £36,000



Scotland

32


Partner/IP £100,000 - £120,000 £120,000 - £140,000 £140,000 - £160,000

Director £70,000 - £80,000 £80,000 - £100,000 £100,000 - £120,000

Senior Manager/Manager £50,000 - £60,000 £60,000 - £70,000 £70,000 - £75,000

Assistant Manager £40,000 - £43,000 £43,000 - £46,000 £46,000 - £50,000

Senior Administrator £25,000 - £30,000 £30,000 - £35,000 £35,000 - £40,000

Administrator (Studying) £20,000 - £22,000 £22,000 - £24,000 £24,000 – £28,000

Restructuring/Recovery/Forensics

Greater London


Partner/IP £85,000 - £100,000 £100,000 - £110,000 £110,000 - £130,000

Director £65,000 - £80,000 £80,000 - £100,000 £100,000 - £110,000






Partner/IP £80,000 - £110,000 £110,000 - £130,000 £130,000 - £145,000

Director £58,000 - £70,000 £70,000 - £90,000 £90,000 - £100,000






Partner/IP £80,000 - £110,000 £110,000 - £130,000 £130,000 - £145,000

Director £58,000 - £70,000 £70,000 - £90,000 £90,000 - £100,000





33

Midlands

North West

Partner/IP £75,000 - £80,000 £80,000 - £100,000 £100,000 - £20,000

Director £57,000 - £70,000 £70,000 - £80,000 £80,000 - £90,000





North East

Partner/IP £70,000 - £90,000 £100,000 - £110,000 £110,000 - £120,000

Director £53,000 - £70,000 £70,000 - £75,000 £75,000 - £80,000





Yorkshire

Partner/IP £70,000 - £80,000 £80,000 - £100,000 £100,000 - £125,000

Director £55,000 - £65,000 £65,000 - £75,000 £75,000 - £85,000





Scotland

Partner/IP £70,000 - £80,000 £80,000 - £100,000 £100,000 - £120,000

Director £55,000 - £65,000 £65,000 - £75,000 £75,000 - £85,000






Director/Partner £100,000 - £120,000 £120,000 - £140,000 £140,000 - £160,000

Senior Manager/Associate Director £65,000 - £75,000 £75,000 - £83,000 £83,000 - £90,000

Manager £50,000 - £55,000 £55,000 - £60,000 £60,000 - £65,000

Associate (Qualified) £40,000 - £42,000 £42,000 - £44,000 £44,000 – £48,000

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Corporate Finance

Greater London




Manager £45,000 - £50,000 £50,000 - £55,000 £55,000 - £58,000





Manager £44,000 - £50,000 £50,000 - £55,000 £55,000 - £57,000


Midlands



Manager £43,000 - £48,000 £48,000 - £50,000 £50,000 - £55,000


North West



Manager £40,000 - £45,000 £45,000 - £50,000 £50,000 - £52,000

Associate (Qualified) £35,000 - £38,000 £38,000 - £40,000 £40,000 - £42,000

North East



Manager £38,000 - £40,000 £40,000 - £45,000 £45,000 - £50,000





Manager £42,000 - £45,000 £45,000 - £47,000 £47,000 - £50,000


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Manager £40,000 - £45,000 £45,000 - £50,000 £50,000 - £52,000


Yorkshire

Scotland



Manager £45,000 - £48,000 £48,000 - £52,000 £52,000 - £55,000


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1. Seeing the big picture

Working with boards and business teams, it will be important to look ahead to how your marketplace and customer expectations are likely to change and how you can reshape your strategy and operations to take advantage of the developments ahead. You can then judge what people will be needed to deliver your strategy and how you’re going to develop, hire or re-assign them.

2. Create a compelling employer brand

What attracts people to particular organisations is more varied and complex than just pay and even career opportunities. Attributes ranging from the values of the organisation to work-life balance and a pleasant working environment all influence the decision. As competition for talent heats up, it will be important to create a compelling employer brand that promotes your unique characteristics and values, rather than just relying on above market rates of pay.

3. Tear up the old job descriptions

The demands on your organisation and its employees are changing so quickly that fixed job descriptions can very quickly become out of date. They also impede mobility and adaptability. A more effective approach is to sit down with staff to identify accomplishments that are needed from them, what they want to achieve and what tools and training are needed to realise these mutual objectives.

4. Look for talent in new places

As traditional pools of talent become exhausted, it will be important to look at new and untapped sources. For example, what would enable your business to attract people who want to re-train or return to work after a career break? Could people taking on-the-job e-degrees be more motivated and employable than their counterparts from elite universities?

5. Embrace agility

Today’s marketplace demands people who can quickly move from assignment to assignment. Training and career development should therefore be less focused on specialist skills and more on creating adaptable skills.

6. Focus resources

Younger generations are going to be more mobile. It’s therefore important to identify and focus resources on a relatively small number of current staff that your business can’t afford to lose. Others can be kept close through social media and alumni communities, which will provide a source of talent for future recruitment.

Six key considerations for HR in 2015 thoughts from RandstadMany traditional approaches to HR management may no longer be relevant in the face of these complex and multifaceted challenges. So what are the key considerations for navigating through this rapidly changing environment?

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Salary by qualification39 Qualified

41 Part qualified


5+ years PQE £55,000 - £70,000 £70,000 - £95,000 £95,000 - £200,000+

3-5 years PQE £55,000 - £65,000 £65,000 - £80,000 £80,000 - £90,000

PQE up to 3 years £45,000 - £50,000 £50,000 - £55,000 £55,000 - £60,000

Part Qual - final stages £32,000 - £35,000 £35,000 - £37,000 £37,000 - £42,000

Part Qual - early stage ACCA/CIMA £25,000 - £26,000 £26,000 - £27,000 £27,000 - £28,000

Qualified


3-5 years PQE £49,000 - £53,000 £53,000 - £56,000 £56,000 - £60,000

PQE up to 3 years £40,000 - £43,000 £43,000 - £46,000 £46,000 - £50,000




3-5 years PQE £45,000 - £50,000 £50,000 - £55,000 £55,000 - £60,000

PQE up to 3 years £35,000 - £40,000 £40,000 - £46,000 £46,000 - £50,000



Midlands

3-5 years PQE £40,000 - £50,000 £50,000 - £55,000 £55,000 - £60,000

PQE up to 3 years £38,000 - £40,000 £40,000 - £42,000 £42,000 - £45,000



Greater London

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3-5 years PQE £40,000 - £43,000 £43,000 - £46,000 £46,000 - £50,000

PQE up to 3 years £30,000 - £35,000 £35,000 - £40,000 £40,000 - £45,000


Part Qual - early stage ACCA/CIMA £18,000 - £20,000 £20,000 - £23,000 £23,000 – £25,000

3-5 years PQE £40,000 - £42,000 £42,000 - £46,000 £46,000 - £50,000

PQE up to 3 years £35,000 - £36,000 £36,000 - £38,000 £38,000 - £40,000



40

Yorkshire

Scotland

3-5 years PQE £40,000 - £45,000 £45,000 - £55,000 £55,000 - £60,000

PQE up to 3 years £40,000 - £42,000 £42,000 - £44,000 £44,000 - £45,000



North West

North East

3-5 years PQE £40,000 - £43,000 £43,000 - £46,000 £46,000 - £50,000

PQE up to 3 years £30,000 - £35,000 £35,000 - £40,000 £40,000 - £45,000



Qualified

41

Part qualified

Minimum range Maximum range

Ledger Clerk £22,000 £26,000

Accounts Assistant £23,000 £27,000

Assistant Management Accountant £28,000 £32,000

Part Qualified Management Accountant £32,000 £38,000

Part Qualified Finance Analyst £30,000 £35,000

Ledger Managers £30,000 £40,000

Finalist Management Accountant £38,000 £45,000

Finalist Finance Analysts £38,000 £45,000

West Yorkshire transactional accountancy

Minimum range Maximum range

Purchase Ledger Clerks £16,000 £20,000

Sales Ledger Clerks £16,500 £20,000

Credit Control £16,000 £26,000

Payroll £18,000 £25,000

Transactional Supervisors & Team Leaders £22,000 £30,000

Transactional Managers £35,000 £50,000

Accounts Administrators £14,000 £16,000

Accounts Assistants £16,500 £19,000

Assistant Accountants £18,000 £23,000

Bookkeepers £20,000 £26,000

Legal Cashiers £17,000 £22,000

Graduate Accountancy Trainee’s £16,500 £18,500

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Why choose Randstad Financial & Professional?

Established in 1982 as Joslin Rowe Associates and in 1985 as Martin Ward Anderson, we now combine the scale of the Randstad global network, with the delivery style of a niche specialist in your market.

Our heritageWith over 25 years’ experience in recruiting quality professionals, our long standing relationships and networks give you a unique ability to reach truly exceptional candidates.

Our consultants Our staff have access to world class training, development, market research and thought leadership, and are supported by leading technology infrastructure. This means you can rely on our consultants to provide extensive market expertise and a consultative approach to your recruitment challenges.

Our candidates Professional, specialist and proven, many of our candidates come to us as referrals. Many of our placed candidates have then gone on to become valued clients.This is a testament to the quality of service we deliver.

Our solutionsThrough our extensive contingency services, or accessing our retained solutions, you can be confident that your unique requirements will be handled expertly, efficiently and cost effectively.

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Glasgow24 St Vincent PlaceGlasgowG1 2EUT: +44 (0) 141 202 2812E: [email protected]

Edinburgh45 Charlotte SquareEdinburghEH2 4HQ T: +44 (0) 131 225 8188 E: [email protected]

Leeds14 King StreetLeedsLS1 2HLT: +44 (0) 113 322 7272E: [email protected]

SouthamptonForum Four, ParkwaySolent Business ParkWhiteley, FarehamPO15 7ADT: +44 (0) 238 023 3977E: [email protected]

Welwyn Garden CityRosanne HouseParkwayWelwyn Garden CityAL8 6HGT: +44 (0) 170 737 8511E: [email protected]

London85 London WallLondonEC2M 7ADT: +44 (0) 207 786 6900E: [email protected]

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Recruitment Review 2015 Accountancy & Finance€¦ · Corporate Finance 34 Six key considerations...

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