AU
Most secure jobs in Aussie finance: part I
11 March 2009
Superannuation
The constant, compulsory flow of money into super funds makes for a stable employment environment, says Jason Cartwright, general manager, client Services at Link Recruitment. “Despite much of this money still sitting in cash with fund managers, the administration is still required and will be ongoing. We see opportunities for job seekers with superannuation experience from fund admin through to fund accounting,” he says.
Compliance
Not so surprisingly, these underrated middle-office workhorses are now sitting pretty. “We anticipate demand will remain strong over the coming year as new rules and regulations are introduced. Professionals who stay abreast of developments and master newly introduced compliance regulations will be well positioned for job opportunities in 2009,” says Brad Shotland, associate director, financial services, Michael Page Finance.
Transactional banking
“Experienced transactional bankers are another example of a resilient role. They are required to bring in additional funds and focus on deposits. Relevant experience and track record are essential for these roles,” says Jane McNeill, senior regional director of Hays Banking.
Corporate sector accounting
Commerce and industry is the most stable part of the accounting field and salaries are likely to experience small but positive growth during 2009, according to the 2009 Hudson Accounting & Finance Salary Guide. “Demand has remained strong in most sectors for business analysts, management accountants and auditors. This is being driven by an increased focus on efficiency as companies look to improve business processes and minimise costs.”
Insolvency and fraud
Link Recruitment’s Cartwright comments: “As the market around us falls, the work of insolvency specialists continues to be in demand. And sadly many frauds are being uncovered in both small and large organisations, creating a wave of opportunities for the specialist fraud teams.”
