Member Article

Job vacancies in accounting & finance sector up 26% in the North East

Demand for permanent accounting & finance professionals in the North East increased by 26% year-on-year in June 2019. That is according to research from the Association of Professional Staffing Companies (APSCo).

The data, provided by recruitment software company, Innovantage, also reveals that demand for talent in the IT sector showed significant signs of growth, with contract job openings increasing by 25%.

Across the region, professional vacancies rose by 24% overall for the same period. Commenting on the data, Moya Rylands, Regional Director at APSCo said:

“It’s wonderful to see that job openings are bountiful in the North East, particularly within the accounting & finance sector, however, this is unsurprising as there are several key players based in the region. Deloitte, for example, is one of the companies driving jobs growth. Recently, it announced that it will expand its legal services, and at the start of the year, it stated that its UK team is at “60 plus client-facing practicing lawyers, as well as 125 plus other fee earners already delivering regulated legal activities.”

“It’s also fantastic that growth in IT is strong. As the region cements its position as one of the leading tech clusters outside of London, with a strong STEM talent pool thanks to the surrounding universities, a number of businesses have decided to move in. Fintech, in particular, is thriving, with Atom Bank, Sage and Virgin Money all headquartered here.”

“Sage, the market leader in cloud business management solutions, recently announced that it will invest £40m in the North East of England in the next three years, creating an improved experience for colleagues, customers and partners, and strengthened technology and customer facing capabilities. Initiatives like this are no doubt contributing to boosting roles in IT.”

This was posted in Bdaily's Members' News section by The Association of Professional Staffing Companies .