OUR TIPS FOR CONDUCTING A SUCESSFUL INTERVIEW

Sharp Consultancy's Salary Survey 2025/26: Resetting the Landscape: Strategic Shifts in Finance Recruitment

It would be remiss not to start by addressing the elephant in the room — 2024 was a challenging year.While there were many reasons for this and numerous industries were affected, recruitment likely bore the brunt of it, particularly in the 6 months post-election(s).Whilst key roles and critical hires remained unaffected, certain head counts and processes were scrutinised and investment paused with internal restructures and automation utilised to reduce costs, in some instances, at the expense of employees. We subsequently saw an increase in candidate activity, with the talent pool strengthening. As those pressures eased in Quarter 4, recruitment processes saw improvement and green shoots have emerged. Optimism is on the rise in key hiring processes, albeit with a caveat. The cloud of additional cost increases in April, which is still dissipating. The senior finance and C-Suite market remains relatively unaffected, both regarding opportunities and candidates, it is the levels below that we have seen more change. In the evolving landscape of working dynamics, the volume of hybrid working is gradually waning despite sustained interest from candidates, presenting fewer job opportunities. While the blend of office and remote work remains desirable, it is no longer the predominant factor, indicating a notable shift in priorities for clients and candidates’ acceptance alike. Conversations with candidates underscore a growing desire around the importance of having a supportive mentor or manager and many professionals are increasingly open to a full-time return to the office if it guarantees enhanced guidance and avenues for professional advancement. "The salaries throughout transactional finance have stabilised across the region."Throughout the professional practice market, some similar trends have been observed but there have been noticeable differences in the past year. Salaries across the range of candidates in professional practice, from AAT to fully Qualified (ACA/ACCA) individuals are still rising and those firm’s able to offer competitive salaries alongside stronger training contracts are beating out the competition in a candidate market with a growing focus on study support packages and career advancement opportunities for Part-Qualified candidates, indicating an increase in demand from employers and the volume of available job seekers. The salaries throughout transactional finance have stabilised across the region, in what feels like the longest period of stability seen since Q4 2020 and we expect transactional finance salaries to remain stable throughout 2025/26, with anticipated salary increments to be moderate compared to the significant increases observed throughout the last 2 years. AI & Systems (process automation) continues to impact accountancy and finance, in particular, across larger functions but this has increased the need for wider interim support to assist with the transition and implementation especially with large, automated processes. Whilst 2025-26 will not be the same marketplace for recruitment as seen in previous years, there is certainly a growing level of optimism and whilst a more settled market may be seen as a negative in some areas, for those that have weathered the peaks and troughs over a longer period of time, it will feel very normal and a strong setting for both employees and employers to take advantage and thrive, with an increasing emphasis on growth and development.Download the full Salary Survey here!

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The interview is one of the most important aspects of the hiring process; but it’s not just candidates that need to prepare and put themselves in the best possible position for success – the interview is a two way street! Here are our suggestions for the best ways in which employers can conduct an effective interview.

Decide the format of the interview

Not all interviews take place face to face nowadays so you need to understand what format of interview will be best for the position that you are looking to recruit. Some initial preliminary interviews may take place over the phone or if travel costs and time are potentially prohibitive Skype or video calls may be a suitable solution. A one-to-one interview is still the most popular choice for many employers whilst a number may opt for a panel interview where a candidate will meet multiple people from the organisation. Also decide if the interviews will follow the same format with the same questions being asked to every candidate or if it will be less structured and more based around conversation.

Who should conduct the interviews?

The interview format that you decide upon will often influence the choice of interviewer/s. It is often the case that the direct line manager of the role that is being filled will be an obvious choice and depending upon the position, a department head or similar will sit alongside. As the interview is as much about the company selling the opportunity to the candidate, it is important
to choose someone who will be able to be enthusiastic about the role available as well as being a great advocate of the business, its culture and what it is like to be part of the team.

How long will the interviews last?

It is important to strike the right balance between giving yourself – and the candidate – enough time to find out all you need to know about each other whilst ensuring that the interview has good pace and duration to it, particularly if you are conducting several interviews within the same day. An hour is usually a good benchmark with slightly more time being allowed for second interview or more senior level appointments. If you are planning a series of interviews, make sure you leave enough time between appointments so you don’t create a backlog if things run slightly over.

The practicalities

Make sure you think about where the interviews will take place and ensure any room bookings are made well in advance. Consider if any refreshments are to be served and who will be greeting the candidates on arrival and looking after them beforehand. Details should be sent to each candidate well in advance including date and time information and a note of how long the interview is likely to take and who they will be meeting as well as any special instructions that they need to know about access to the building or any supporting material you would like them to bring to the interview.

Be prepared

It is useful to have a pack of information for each candidate that contains a copy of their application, their CV and covering letter, any letters of recommendation and any submitted tasks or exercises that you have requested be completed as part of the application process.

Consider your questions

It is important to ask the right questions to ensure that you glean the information that you want to from each candidate. As well as looking through each CV and making a note on key points that you would like to know more about, prepare a few standard questions that you can ask each person such as ‘what interests you most about the position’, ‘why would you like to work for the company’ or ‘how do you see yourself developing in the role’.

Help your candidates to relax

An interview can be daunting for some so help the interview go well – for all parties – by giving each person an opportunity to get settled and prepared before you start. Make sure they are comfortable and offer them a drink and ask them a few casual questions – ‘did you find us without too much trouble’, ‘how was your journey’ – to
help them relax.

Wrapping up an interview

Give the candidate an indication of what the next step is likely to be an expected time-frame in which you should be able to get back to them by. Make sure you inform each candidate of the outcome – whether they have been successful or unsuccessful – as promptly as you can. If you need a little more time to consider your decision, ensure that you keep those involved in the loop so that you don’t miss out on your preferred choice because they feel you are not interested through lack of feedback.

Sharp Consultancy specialises in the recruitment of temporary, interim and permanent finance professionals. With offices in Leeds and Sheffield our highly experienced team of consultants recruit for positions throughout Yorkshire and beyond CONTACT UStoday to discuss your recruitment needs with a member of our team.