Finance managers can earn as much as $720,000.
The top-three most in-demand finance roles in Hong Kong in 2019 are identified to be the Finance Manager, Finance Accountant and Financial Planning and Analysis Managers, according to the 2019 Robert Half Salary Guide.
Finance managers in SMEs about can earn about $480,000-$600,000 or $600,000-$720,000 in large companies. Finance accountants can receive $291,000-$387,000 in SMEs or $324,000-$431,000 in large companies.
Lastly, Financial Planning & Analysis Manager in SMEs can receive $410,000-$720,000 or $600,000-$960,000 in large companies.
China’s Belt and Road initiative has been driving demand for skilled finance staff as increased business investment across Hong Kong fuels particular demand for finance managers and accountants.
Adam Johnston, managing director of Robert Half Hong Kong, noted that wage growth in Hong Kong has been stable over the past 12 months. Chinese firms, in comparison to foreign companies, are one of the driving forces behind stable wage growth in the sector as they are behind active demand for entry-level financial professionals.
“This is partly caused by onshoring, where more companies are looking for quality local talent to fill these entry-level positions. Combined with the Belt and Road initiative that is spurring business investment and rising headcounts in Hong Kong, we expect continued demand for entry-level and value-add positions across the financial sector over the next 12 months,” Johnston said.
Do you know more about this story? Contact us anonymously through this link.