This report gives insight into our engagement across our core market specialisms in the geographies that we work.  Should you wish any further insight, then please just click on the contacts within the report to be taken to their profiles and contact details, and they will be delighted to help you.

Accountancy & Finance  

Financial Services  
  • Continued demand for mid-market accountants that are newly qualified to 3 years PQE.
  • Technical skills recruitment continues apace with Tax and Regulatory Reporting.
  • Potential caution within senior appointments as Brexit and Interest Rates curtail project spend.
  • Slow increase in interim vacancies being released as business start to consider Brexit deployment plans. 
For further information, please contact Chris Donald or Scott Eccles.
Commerce and Industry
  • Finance Manager and Controller recruitment continues across sectors.
  • Movement at the mid-market level with Financial and Management Accountants making moves.
  • Demand increasing for interim workers at the non-qualified level.
  • Demand remains strong for Credit Controllers.   
For further information, please contact Ross Gunn.

Office Support  

  • The market is not showing any signs of deviating over the last month, although it has settled down after the holiday period, with more certainty around candidate and client availability.
  • Student applications have increased with new terms times starting, creating a pool of flexible resource looking for flexible working patterns.
  • Roles with more complex elements are starting to become more prevalent as organisations integrate their support functions more into their businesses.
  • Continued steady demand for Executive PA ‘s and  Office Managers.
 

Human Resources

  • Senior level appointments remain scares.
  • At more junior levels and within specialisms such as Reward & Recognition, candidates are commanding higher salary levels, with variances between sectors.
For further information, please contact Lynn Fairservice.

Contact Centre

  • Pay Rates remain low in volume retail and continue to offer a training ground for other Contact Centres further down the career ladder.
  • Some organisations are offering flexibility around hours of work for individuals therefore extending the opportunity of candidate attraction.
  • We have seen an increase from clients with requirements for Night Shift workers.
  • Increase in demand for Helpdesk 2nd and 3rd line workers in the West of Scotland.
For further information, please contact  Judith Waters.

Change Management

  • Following the volume of contractors on the market as a consequence of the Williams & Glyn, the interim market in central Scotland is still quite saturated, this is impacting rates and also length of contract; we are seeing rates fall and contracts typically coming out for 3 months, as opposed to the standard 6 months.
  • Many available contractors are making themselves available for permanent and fixed term opportunities, whilst this is great news for the permanent market it will always prove to be an element of risk in terms of dropping out of process if/when the contract market picks up.
  • The market has quietened down, across the business change space, particularly in the more generic roles.  There is an appetite for specific skill sets and experience – particularly fund migration, specific regulatory and mandatory change programmes and strategic business management.

Risk & Assurance

  • Continued pressure from regulators is driving the requirement and salary growth for risk professionals across the central belt.  Roles in stress testing and risk modelling will see the highest salary growth with operational risk roles following closely.
  • There continues to be a high demand for candidates with the following skill sets;
    • Credit Risk Assurance/Oversight
    • Regulatory Risk/ Compliance/ CASS
    • Risk modelling
    • Stress Testing/Basel/ICAAP
  • There continues to be a large Risk Contractors available in the market due to the Williams & Glynn announcement earlier this month.  These candidates specifically have strong Operational and Technology Risk experience. 
  • There continues to be a shortage of high calibre Risk professionals with relevant SAS and SQL experience which is quickly becoming more desirable with employers.    .

International Accountancy & Finance

  • The demand for Financial Services Auditors remain strong in Channel Islands and Isle of Man, although they are facing limitations within their housing license and visa.  Caribbean are specific in their needs and seeking Audit/Advisory profiles with developed country expertise i.e. USA and UK.
  • Western Europe Practice Firms continue their growth in Transaction Services professionals with language skills i.e. German and French speakers.
  • Senior Appointment sector within Accountancy and Finance International remain specific and focused on certain expertise i.e. expertise in growth, strategy and operation.  
For further information, please contact Ibi Kabir.

Public Practice  

  • Increased demand for qualified Corporate Tax professionals – both within Practice and Financial Services.
  • Increased demand for FS Auditors given the changeover of businesses in Edinburgh from one firm to another.
  • More stability within Big 4 due to higher attrition than expected/seen historically.
For further information, please contact Victoria Cameron.

Also now available on our website is the latest Markit UK Report on Jobs in Scotland where you can view the headlines and download the full report, and the UK Labour Market report.