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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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ASK THE EXPERT – HOW DO I EXPLAIN WHY I WANT TO LEAVE MY CURRENT ROLE?

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I find it hard to explain why I want to leave my current role and worry about what the interviewer will think about my reasons – are there ‘good’ reasons for looking for a new job?

This is a very common worry for candidates. Sometimes the reason is nice and straight-forward – such as relocation to a new area – and requires little further explanation. However, in most cases, it is more likely that you have simply reached the end of the road with your current employer – and this can be for any number of reasons – and finding the right way to articulate that to someone you are trying to impress as a potential new boss can be tricky.

First of all, remember that the interviewer is not asking this to try and catch you out. It is more about trying to get an understanding of your motivations for moving, career ambitions and to assess if there is synergy between what you are looking to achieve and the direction in which the company is heading 

As part of your interview preparation, you should give real consideration as to why you want to move and think about how you can communicate these reasons in a positive manner that demonstrates to the interviewer that you have thought carefully about the next step in your career.

There are many valid reasons why somebody will be looking to secure a new role; gaining new responsibilities, desire for a new challenge and the opportunity to develop and learn new skills are all acceptable reasons for making a move and will show your potential new employer that you have the drive to further your career.You can deliver a compelling answer by including further information about your understanding of how the new skills, responsibilities and opportunities will enable you to help the company meet its own objectives.

There are of course, some definite no-no’s which will raise red flags with an interviewer. You should avoid complaining about your current organisation or your manager and colleagues. Yes, you may have been overlooked for promotion, you might find the management or leadership too overbearing, you could be picking up the slack for weaker team members, the working hours are too long or the salary and rewards too little – however this is not the time to be painting your employer in a bad light. If anything, it shows the interviewer that you may not be particularly tactful, or you could be someone that finds reasons for complaints and could be difficult to manage.

If there are problems that you cannot avoid mentioning, outline how you have tried to address the matter and what steps you have taken which will show a potential new boss that you are solutions-focused and not simply sitting back and waiting for somebody else to solve the problem.

Sharp Consultancy specialises in the recruitment of temporary, interim and permanent finance and accountancy professionals.  With offices in Leeds and Sheffield our highly experienced team of consultants recruit for positions throughout Yorkshire and beyond. CONTACT UStoday to find out more.