New jobs are being created in accountancy and finance as international companies invest in Malaysia, says recruiting experts Hays.
According to the recruiter’s latest Hays Quarterly Report for January to March, strong demand exists for Financial Analysts, Financial Controllers and Financial Shared Services professionals within the commercial sector.
“The most potential for jobs growth exists in the manufacturing, pharmaceutical, construction, property and FMCG sectors,” says Tom Osborne, Country Manager of Hays in Malaysia. “Employers are looking to hire solid Financial Planning & Analysis professionals, Business Analysts and Business Partners to provide insight to top management, improve business performance and maintain investor confidence.
“In these roles candidates need to be able a play a true business partner role rather than be part of the back-office function. Experience in strategic business development and financial planning is highly regarded.”
According to the recruiter, CFOs and Financial Controllers who have international experience and regional exposure with genuine multinational companies continue to be sought after. Demand for these professionals is strongest in the oil & gas, healthcare, technology and FMCG sectors.
Meanwhile there continues to be a shortage of Tax and Audit professionals across the board in both direct and indirect tax. “Employers are looking for candidates with a mix of experience in both commercial and practice firms, and regional and transfer pricing experience is also in demand. Tax roles are picking up mainly because of the GST implementation that will start in April 2015,” says Tom.
Businesses also continue to look into how shared service centres (SSCs) can improve processes.
“Some SSCs are moving up the value chain to hire talent with commercial skill sets and require candidates with specialised knowledge in areas such as tax, statutory requirements, internal audit, process improvement and risk management. We anticipate that migration and scope expansion activities will create more jobs in SSCs, generating demand for Project and Change Managers who have experience working in finance.”
For more insight on the areas of staffing demand, please see our Hays Quarterly Report.
Hays is located in Kuala Lumpur at Suite 4 & 5, Level 23, Menara 3, Petronas, Kuala Lumpur City Centre. Phone +60 3 2786 8600 or email firstname.lastname@example.org
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