Demand for finance professionals set to soar in the public sector

The months ahead will see an increased demand for skilled and experienced finance staff in the public sector, according to the 2008 salary survey by specialist finance recruiter Nigel Lynn.

The process of the public and not for profit sector converting to IFRS this year will present complex challenges, covering a wide range of aspects, from project planning to systems integration. This will subsequently increase the demand for not only temps and interims who are specialists in IFRS but also for candidates with experience of change management and project planning and implementation.

The salary survey shows that the public sector is also offering competitive salaries to attract financial talent. For example the salary for a financial or management accountant in a public sector organisation is on par with a person in the same role in the private sector in London.

ìThis demand for staff looks to follow the recent trend of the public sector competing with the private sector for commercial staffî says Steve Carter, managing director of Nigel Lynn. ìThe public sector has succeeded in securing this talent by offering transferable skills and an attractive work life balance. With all the changes ahead with regard to the IFRS, demand for this expertise will soar. Recruiting talent in this field will be essential in order for organisations to carry on running efficiently.î

For a full copy of the survey, please email tracey@bluesky-pr.net