Josh Edmunds is a Partner within Partner Financial, specialising in senior finance executive appointments and search mandates across the commercial sector. With over 16 years’ experience in financial recruitment, Josh is a key member of the senior leadership team that has made Partner Financial the standout performer in the financial recruitment industry.
Market optimism is back, and the world of finance is expecting to take full advantage. For many the New Year brings reinforced vigour to the job market, whether it is from a transient viewpoint or an increase in new mandates across the board, there is a definite mood both within finance, and business as a whole, that now is the time to embrace, develop, and expand.
This sentiment is reinforced by a recent Deloitte survey that assessed the attitudes of leading FTSE finance heads. The report found that optimism among CFO’s was at a six year high, with 70% of the respondents predicting that they would recruit more staff in their finance teams to absorb the current market buoyancy.
Top priority for CFO’s is expansion, and this means that they will invest, grow, but more importantly, hire. Economic uncertainty had been the cornerstone to a certain recruitment malaise that existed previously, but this is changing, and quickly. The fact that big business finance leaders are making more risk diverse decisions and regaining their commercial swagger is an eminent pre-curser to high expectations within the recruitment market for the coming year.
With this in mind - and taking in to account the increase in mandates we have already experienced this year - now is the time to think about career development. Business growth will be a key theme in 2014, and with a recent report suggesting that three out of four companies will look to expand this year, we expect opportunities within finance to increase.
With Q1 rapidly passing us by, being ahead of the game will ensure that you, as the candidate, use this market momentum and make the first move to secure that crucial next role. In saying this, you have to be proactive:
- Make yourself as market ready as possible. This involves having a clear, precise and up-to-date CV;
- Pushing for a healthier remuneration package will put yourself in a position whereby you can leverage some career flexibility;
- Find a specialist recruiter, one who will target your needs directly by offering tailored advice on how best to take advantage of this buoyant market.
So, to reiterate, 2014 will be a year of expansion, so make sure that you give yourself the best chance in being a part of these exciting developments.
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