choose a skill cluster
skills & motivations.
This section provides a breakdown of the inherent skills, learned skills and motivations/aspirations for each skill cluster. Inherent skills and motivations/aspirations combined are commonly defined as “soft skills” in the market.
inherent skills
- 1. analytical and problem-solving
- 2. detail-oriented, focusing on accuracy and timeliness
- 3. communication and presentation
- 4. independent working while collaborating with a team
learned skills
- 1. accounting systems and software
- 2. financial reporting
- 3. auditing
- 4. investment management
- 5. taxation
- 6. budgeting and forecasting
- 7. regulatory compliance
- 8. financial analysis
- 9. cost accounting
motivations/aspirations
- 1. interest in numbers and analysis
- 2. career advancement and professional growth
- 3. financial rewards and benefits
- 4. impact on business decisions
- 5. ethics and compliance
- 6. stability and job security
- 7. alignment with organizational goals
- 8. work-life balance
- 9. networking and collaboration
- 10. recognition and achievement
- 11. entrepreneurial opportunities
- 12. social responsibility and sustainability
what it shows
The chart here illustrates the sub-level of learned skills required for finance and accounting in each of the 24 markets researched. The findings presented here are based on a combination of verified, normalized labor market data by market and granular, skill-based data sourced from professional social media networks and job boards, as well as career sites.
need to know
- The finance and accounting cluster requires a variety of skills tied to market-specific regulatory standards.
- Jobs in this skill cluster require at least basic knowledge of data analytics, technology and industry-specific tools.
skills supply.
what it shows
Skills supply data indicates the total number of individuals who have the skills required for finance and accounting in each of the 24 markets researched. These figures are based on a combination of verified, normalized labor market data by market and granular, skill-based data sourced from professional social media networks and job boards, as well as career sites.
Use the chart to understand the availability of skills (“supply map”), availability of sub-skills (“skill type”), talent with recent job search activity (“active talent”), as well as the share of talent who prefer permanent or contract work (“preferred employment type”).
The AI filter can help you understand the ways in which talent supply has been impacted by the growth of AI.
need to know
- Finance and accounting roles are among the less popular skill clusters and have seen a minor decrease in overall talent availability (-0.5%), indicating that more professionals are leaving the field than joining it.
- The majority of talent in this category (61.5%) is highly experienced, with over 10 years of experience in the field. Slow new talent growth could increase hiring complexity in the coming years.
- AI adoption remains low, with only 2.6% of professionals having AI skills, primarily among experienced talent. This year, just 2% of new talent in the market report any AI usage. Talent with AI skills shows 79% higher mobility (job changes) than those without AI experience.
skills demand.
what it shows
Skills demand data indicates job postings that require finance and accounting skills in each of the 24 markets we researched. These figures are based on a combination of verified, normalized labor market data by market and granular, skill-based data sourced from professional social media networks and job boards, and career sites.
See demand for each skill cluster by market, explore demand for sub-skills within each cluster or view the job vacancy ratio (JVR) — defined as hiring complexity — to understand market competitiveness for these skills. The higher the JVR, the more competitive it is to recruit.
The AI filter can help you understand the ways in which skills demand has been impacted by the growth of AI.
need to know
- The drop in demand for finance and accounting roles was relatively lower compared to other clusters, at approximately 18%. Despite this decline and the reduction in the overall talent pool, JVRs have not been significantly impacted.
- Markets driving the most demand for this talent are slightly above the average in hiring complexity, with rates of 3.75% in the U.S. and 3.93% in the UK. Notable increases are also seen in offshoring markets, such as Malaysia at 5.5% and Mexico at 5%.
- Around 3% of job advertisements require AI skills. Compared to the share of employees with AI expertise, this indicates a slight lag in talent being prepared for employer demands in this area, even if the difference is minimal.
compensation.
what it shows
The data included in this graph shows the average salary brackets in U.S. dollars for finance and accounting skills in the 24 markets examined by level. Compensation data is mapped and analyzed from combined sources providing current pay data.
Select the markets of interest to understand which salary ranges are considered competitive and in which markets you should recruit to stay within budget.
need to know
- Compensation for finance and accounting roles is within the average range of all the skill clusters, putting it above all other most.
- Salaries in this skill cluster have been trending up year-over-year across all markets, although the increase has been slower in rising shared service center (SSC) hubs.
- Spain has seen the highest salary growth for these roles, while Brazil and Mexico have seen the lowest salary increases.
remote & hybrid working.
what it shows
Remote working data shows the percentage of job postings that offer candidates remote or hybrid work for finance and accounting roles (noted as “demand”), as well as talent working preferences (noted as “supply”) in each of the 24 markets researched.
It is estimated that the actual share of remote/hybrid working opportunities is higher than advertised online. You can view the data by both skill cluster and individual skills.
need to know
- Finance and accounting roles are within the average range of demand for remote and hybrid jobs, with a current split of 4.5% for remote positions and 9% for hybrid jobs.
- Compared to previous trends, this reflects a 39% drop in the share of available remote job advertisements and a 43% increase in hybrid job postings.
- The most notable shift in talent preferences is evident in a 57% increase in those preferring remote work and a 50% increase for hybrid options, now representing around 30% of the total talent pool.
gender diversity.
what it shows
Gender diversity data shows the current balance of male to female employees currently working in roles that require finance and accounting skills in each of the 24 markets researched. Findings are based on self-identified, normalized data from talent supply sources.
Use the chart to understand in which markets you are more likely to engage female talent with finance and accounting skills. You can view the data by both skill cluster and individual skills.
need to know
- The finance and accounting skill cluster remains relatively balanced, with (self-identified) female talent making up 41.58% of the total this year, a ~2% increase from last year.
- Of the total talent utilizing AI, only 26% are female.
- Among those who started their professional careers within the past year, 38% are female, indicating that most women entering the cluster this year have requalified from other jobs.
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