HR & EDUCATION | Staff Reporter, Hong Kong

Luxury retail sector on the hunt for senior level finance professionals

Financial planning skills are required.

Hays recently revealed hiring report on the accountancy and finance sector, saying that hiring activity will be quite active this quarter with a number of openings across a variety of functions.

Within the non-banking financial services industry, new opportunities are being created for fund accountants who speak business level Mandarin thanks to the continued investment of Chinese capital in asset management firms and private equity fund houses based in Hong Kong.

Within life and general insurance sectors, demand has increased for OCI reporting specialists to enable firms to meet new statutory reporting requirements.

Here's more from Hays:

Senior level finance professionals with management reporting and financial planning & analysis skills are in high demand within the luxury retail sector.

Other roles that will be available this quarter include business finance positons in the private banking realm with employers looking for candidates to possess strong leadership and communication skills, as well as commercial and business acumen to drive business initiatives and performance to support revenue generating relationship managers. Junior accounting clerks will be in demand to help kick start new accounting projects for the year ahead.

Employers will continue to hire candidates who have relevant technical and industry knowledge along with adequate English and Mandarin speaking skills. There are however, becoming more flexible when it comes to hiring candidates on contract roles as it gives them the flexibility to try and buy candidates that may not necessarily have the relevant industry background, but can put themselves in the shop window by showing enthusiasm, intent and willingness to learn on the job.

With many banks paying end of year bonuses in December and others paying out in March, we expect there will be a significant number of candidates looking for new roles from February onwards.

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