Are you a finance professional looking to take a new direction with your career? Here is a rundown of the top six financial skills that are in demand in the Irish finance market right now:
1.Auditing: In a sector where large numbers are recruited and churn is high, it’s not surprising that auditors remain in demand.
2. Controls experience: With the majority of employers being multinational organisations, controls and compliance are still business critical; experience in Sarbanes Oxley (SOX) is top of the pile.
3. Revenue recognition: Technology companies and Software ICT multinationals can’t get enough of finance professionals with exposure to revenue recognition analysis and accounting. Do you know how SOP 97-2 or VSOE works? The good news is this is a growing discipline amongst this industry for finance professionals in tech businesses. Commercial experience is highly desirable and can become a very lucrative career path.
4. Business analysis/FP&A: Essentially any commercial organisation wants finance talent who can identify opportunities and mitigate risk; Buzz words in the market are 'business partnering', 'budgeting', 'forecasting' and 'financial modelling'.
5. Shared service financial reporting/transactional experience: Experience dealing with remote stakeholders in local sites, providing a superb financial customer service experience whether its Purchase to Pay (AP), Record to Report (GL) or Order to Cash (OTC). See our available shared services roles here.
6. IT/Finance Hybrid Professionals. An Accountant who has ERP solution experience (SAP/Oracle etc.) & advanced Excel who also understands how the finance system generates information is highly desirable. Even more so those who have qualifications in IT and finance – job opportunities include project management, system accounting posts as well a financial management and reporting.
Interested in developing your finance career? Try and gain experience in these areas and you can be assured of plenty of career opportunities in the market.
Which skills are in demand where you work?