Market Insights 2018 | Yorkshire

Rafi Davies our consultant managing the role

The Yorkshire Market Insight Report covers the following areas (click to view salaries):


Commerce & Industry

As organisations strive to improve the overall efficiency of the finance function, the emphasis within recruitment has moved to getting the right fit in person as well as on paper. We have noticed that across a whole range of roles, from part or newly qualified to qualified with two to three years’ experience, clients are focusing on building successful, sustainable teams and are looking for soft skills such as effective communication as well as solid accounting experience.

Professional Services

The past year has proved to be an uncertain time for professional services across Yorkshire and the North East. However, towards the end of 2017, the market definitely started to recover, particularly at manager and senior manager level across all service lines from compliance through to advisory.

Change Management

Change management across Yorkshire has been buoyant. Resource requirements across financial, business and technology change projects have been relatively even. Opportunities for permanent positions have continued to rise as companies look to bring skills in-house for the long term and reduce spend on interims and external consultancies.

Specialist Markets

Moving into 2018, we are expecting a slight decline in the demand for senior auditors and audit managers across internal and IT audit. There will come a tipping point, where companies decide to either take specialists and train them in audit, invest further in graduate talent or continue to seek support from interim specialists.

Executive & Interim

2017 proved to be a positive and steady year for the interim/contracting market despite initial concerns surrounding Brexit and the General Election. As a result, many businesses across the region used this as a chance to bolster their finance teams by increasing the recruitment of contractors to build an agile workforce, capable of adapting to changing economic conditions.

Download the full Yorkshire 2018 Market Insight Report here » 

 

View salaries and commentaries in other UK regions and Ireland »

21/08/18
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We hosted an internal audit roundtable in Leeds, attended by a group of senior professionals in internal audit, risk and compliance, from a wide range of organisations. The aim was to discuss topics that are currently impacting their profession, and share experiences and insights. We have summarised this conversation in an easy to read whitepaper, covering the following: Sustainability - climate change and environmental issues – what’s the reality?Governance - the new Corporate Governance code, internal audit’s role in risk management and auditing cultureIs internal audit creating the right impact? We talk about report writing and responding to new technologiesThe challenges of IT security, cyber risk and GDPR Download our whitepaper to read more on the topics disrupting the internal audit sphere   2019 Internal Audit Roundtable For more information on specialists markets or if you're looking for a new challenge or an organisation seeking additional expertise please email david.clamp@markssattin.com or call +44 (0)113 242 8177.

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Ever since we opened our Leeds office we like to keep a keen eye on Yorkshire, and we love to celebrate the region’s economic success stories. In a previous blog we toasted ‘God’s own county’ on the creation of more jobs than all of France,  and following the publication of Yorkshire’s 100 most influential business leaders by the Yorkshire Post, we felt like it was time to revisit this Northern Success Story. The Post includes financial services heavyweights like Leeds Building Society’s Peter Hill along with hi-tech innovators like Oncascan founder Diana Anderson, and there is also room for leaders from national giants like Asda who base themselves in Yorkshire. Indeed, the diversity of industries and company sizes on the list is testament to just how varied the local economy is – a far cry from a heritage which saw each town reliant on one or two industries. With this economic success has come a demand for top financial talent, and we have noticed a real increase in the number of accountancy jobs in Yorkshire. Audit, risk and compliance professionals are in particularly strong demand across the county, with NQ salaries averaging between £30,000 and £40,000, with CFOs usually taking home six figures according to our salary survey. Bonuses are on the up too; over the last few years the bonus-culture has extended beyond big corporates and into mid-size players, which is a significant boost. The bonuses of living in Yorkshire are not just financial however – with the county boasting over 800 square kilometres of ‘Areas of Outstanding Natural Beauty’.

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