Hays Senior Finance Reveals Demand for Finance Chiefs in Essex and East Anglia
Hays Senior Finance has announced finance professionals in Essex and East Anglia are enjoying a rise in demand for their skills

LONDON, ENGLAND, February 03, 2011 /24-7PressRelease/ -- Hay Senior Finance has revealed that finance professionals in Essex and East Anglia are enjoying a rise in demand for their business management skills and commercial know-how, according to research from the leading recruiting expert. Two-thirds (67 per cent) of employers say retention of qualified accountants will be a key priority in 2011, with four in 10 (40 per cent) worried they won't be able to hold onto their star players. The research suggests they may have good reason to worry, with two-thirds (67 per cent) of senior finance professionals saying they intend to look for a new job at the start of the new year.

In Essex and East Anglia, chief financial officers (CFOs) and group finance directors in large corporate organisations can earn between GBP120,000-GBP250,000 and finance directors (FDs) are typically paid GBP100,000-GBP150,000. Competition has already intensified to the extent that senior finance professionals routinely receive more than one job offer.

Karen Young, regional director of Hays Senior Finance in Essex and East Anglia, said: "Employers are increasingly being trumped by lucrative counter-offers, as CEOs and board directors attempt to hang onto their finance chiefs. Talented qualified professionals are increasingly being sought-after for financial analysis roles, or to help mitigate operational or business risk.

"The war for talent is highly competitive and therefore many finance leaders can look forward to a more rewarding 2011. Even in parts of the region which traditionally pay at the lower end of typical pay scales - such as in the Fens, the Norfolk Broads or in rural Suffolk - employers are likely to have to revise offers upwards to attract top talent. Senior finance people and other qualified accountants in cities like Chelmsford or Cambridge can expect packages at the upper end of the range. The absence of a Big Four accounting firm in Essex, which means there are fewer newly qualified chartered accountants coming through the ranks, may be a factor driving up salaries, especially in Romford and elsewhere in the Thames Gateway."

Press Release Contact Information:

Alexandra Tucker
Hays
PR Contact
2nd Floor, Stockley House, 130 Wilton Road
London, England
United Kingdom SW1V 1LQ
Voice: 020 7259 8821
Website: Visit Our Website