Why 2021 is the Year to Look for a New Finance Role

Posted by Clayton Recruitment on 28th January 2021 -

Despite most of 2020 being taken up in the crisis and recovery stages of the pandemic, the start of 2021 really is the time for us to celebrate and look forward to life after Covid. 

With the vaccine promising a return to a new kind of normal, it is finally time to start planning with confidence for your next move in your finance career. 

Finance professionals have been the saviour of many organisations this year, providing essential services and protecting businesses in what has been an incredibly challenging environment. 

As a finance professional, you will probably have acquired some new skills, and certainly lots of new experience this year. 

This means that it is the perfect time to think about what you want from your finance career, and how to find it. 

Today we look at current opportunities for you as a finance candidate and why now is the ideal time to look for a new role.

COVID RECOVERY

We are finally approaching the end of the Covid period now, with the vaccination programme in full force in the UK. 

That means that the time businesses have spent waiting and being tentative in their hiring decisions are over – the accounting opportunities that are going to be created over the next few months will be plentiful as businesses focus on growth once again. 

Businesses are now looking to take advantage of market conditions and grow, rather than be stifled like they were for the most part of 2020.

WHERE ARE THE OPPORTUNITIES?

As well as Covid, there has been increasing concern about UK finance sector jobs due to Brexit. Still, recent reports show that employment in the finance sector is defying the warnings that were originally predicted. 

Finance roles have been retained for the most part since the 2016 referendum, and hiring sprees in some parts of the country have seen opportunities increase substantially. 

The areas we see the need for accounting roles increase are in public practice, commerce and industry, and the public sector. 

Despite the upheaval caused by Covid, opportunities in industries such as eCommerce and virtual communications have skyrocketed. 

However, despite finance and accounting opportunities rising, there has also been an increase in the number and variety of candidates applying for each vacancy. This means that the need to stand out in your job search is greater than ever. 

Let’s look at what you can do as a finance and accounting candidate to prepare for your 2021 job search.

INDUSTRY VERSUS PRACTICE

Many accounting professionals will stay within their remit, either industry or practice for the majority of their career. 

But to find a new role in 2021, it might be time to think outside the box. 

Finance roles within a practice are in high demand right now, as SMEs get to grips with accounting, audits, tax, and assurance issues that have been caused by the pandemic. In contrast, finance departments in larger SMEs, particularly in certain commercial and retail sectors have struggled. 

If you have always worked in an industry position, is it time to consider a practice role? 

Whatever your thoughts might be on where to take your finance career, right now, enlisting the help of a financial careers expert will be invaluable.

 

FORMULATING YOUR PLAN

Any career move you make in 2021 should always be considered with your ultimate career goal in mind. Deciding on where to make your next move will depend on several factors such as your location and family responsibilities; sometimes, you need an independent expert to help you see the clearer picture. 

Depending on whether you plan to cultivate a career working in financial practice or in industry, we can help you figure out your next strategic move. Get in touch with us here if you are considering a career move this year, but you need help on where to focus your job search. 

Finally, let’s look at my top tips to help you right now as you embark upon your new job search.

STANDING OUT IN YOUR JOB SEARCH

Finance professionals embarking on a job hunt in 2021 will have to work harder than ever to get noticed, so here are my expert recruiting tips to improve your new job prospects. 

Refresh Your LinkedIn – your professional online persona might have been the last thing on your mind this year but before you start applying for new roles, make sure that your profile is not just correct but also up to date. Enhance your profile with new post-Covid skills, get liking and sharing industry news and start making new connections. Most hiring managers will check you out online – you want them to see your active interest in your career and your network. 

Tailor Each Application with Your USP – let each hiring manager know in your cover letter and throughout your CV why you are the ideal candidate for this role. What unique skills do you have that make you a candidate that deserves an interview over your competitors? 

Get in Touch With a Finance Recruiter – this is by far the best thing that you can do as a finance candidate. At Clayton Recruitment, we specialise in finance and accountancy recruitment. We can advise you on your current job search, help update and tailor your CV for your post-Covid job search, as well as finding and arranging your next interviews.

NEXT STEPS?

If you are looking for a new finance and accounting role for 2021 – get in touch with our team of career experts today, click here or call us on 01772 259 121. 

Let 2021 be the year you make your most valuable financial career move.