January 22, 2013 | 5 min read
Hiring Rates Look Bright for the Accounting Industry Leading into 2013

Stephanie

According to market research conducted by The Execu|Search Group, the accounting and finance sector is expected to make positive strides for hiring in 2013.  Our recruiting specialists are seeing a tremendous uptick in demand for mid-level accounting professionals within the Real Estate, Healthcare, Retail, Service, Pharmaceutical, Technology and Digital Media industries.  Specifically, CPAs with 3-10 years of experience who began their careers in public accounting firms and moved into private industry are in highest demand. From our clients at The Execu|Search Group, the demand for these mid-level accounting professionals has increased 22% year over year, with corresponding salary growth as well.

Gary Grossman, Partner at The Execu|Search Group, explains, “Another area in particular where we have seen a significant hiring increase from early 2012 is the Alternative Investment space.  Data indicates that for Alternative Investments – Hedge Funds, Private Equity, and Asset Management Firms – 2013 is going to be a strong year for the marketable candidate.”

When looking for more experienced hires, Randy Borkenstein, Managing Partner and Chief Financial Officer of Perry Capital, a major alternative investment firm, expects to see evidence of performance and dedication that goes above and beyond the basic requirements of their previous position.   He further explains, “Technical skills are critical, but confidence is valuable to me as well.  I particularly value those employees who not only do quality work as assigned, but also have the confidence and judgment to know which decisions are OK to make on their own.”

To take advantage of our many accounting/finance opportunities, check out our job search page, here.

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