Demand for Accountants Increasing…But Not With Accounting Firms

I just placed a candidate from a non “Big 4” large national accounting firm with a high-growth company looking to go public. The accountant even got equity in the IPO-hopeful employer.

This placement underscores a sizable trend in recent months: A mass exodus from the big guys, and not just PricewaterhouseCoopers, Deloitte Touche, Ernst & Young and KPMG. As companies are hiring once again, they’re looking for accountants and other financial professionals. Meanwhile, the Big 4s are shedding jobs.I'm sorry... we're hiring a book-keeper.  you know... like an accountant

They’re shedding jobs not only because other companies are hiring, but also because large accounting firms have placed salary freezes and have increased workloads.

This creates a great environment for financial professionals looking for new jobs.

In particular, I’ve seen a heavy demand for SEC reporting. In recent weeks, I’ve seen a steady, upward increase in demand for accountants with multiple skills, though. In fact, I’m working on 92 direct-hire accounting and finance positions as we speak. That’s almost twice as many as firstPRO had the same time last year.

This week, I’m arranging 20 interviews. That’s more than I’ve seen in three years!

Despite my much busier-than-normal calendar, though, I wouldn’t say the market is robust quite yet. But I would say it’s been steady growth for several months. As much as I’d like to see an explosion of demand, steadiness is always a strong sign of great things to come.

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