Big data specialists, governance experts and finance technology skills all make the list of enviable people who do not need to ‘future-proof’ their career. According to recruiting experts Hays, demand for their skills is so high, and experts in these fields are in such short supply, that they can be confident there will be job opportunities for them in future.
The latest Hays Quarterly Report of skills in demand shows that experienced financial controllers, national sales managers, HR managers, procurement specialists, senior trade finance professionals, product managers for big data and mobile apps and regulatory affairs candidates are also in strong demand. Importantly, this demand is not expected to wane any time soon.
“These professionals are well placed to find and keep jobs both now and in the future,” says Tom Osborne, Regional Director of Hays in Malaysia. “They don’t need to ‘future-proof’ themselves as they already have the technical skills and experience employers will continue to need in future years.
“Recruitment activity has been strong in Malaysia for these professionals. Despite current economic trends, the job market remains solid. The majority of available jobs are created thanks to employers replacing departing staff, while the shared services sector continues to add to vacancy activity.
“The market appears to be business as usual,” he said.
According to the latest Hays Quarterly Report, ‘future-proofed’ professions include those in:
• Accountancy & Finance: Financial controllers are highly sought in many industries, particularly property development and construction. We are also seeing strong demand for skilled financial directors in the property development sector and also within international companies that are expanding into Asia. Finance managers and accountants remain in high demand too.
• Marketing: Big data specialists are needed to help companies harness the benefits in order to drive sales, improve customer engagement, and make operational and cost efficiencies. Heads of analytics are increasingly sought too, as are digital marketing managers.
• Sales: National sales managers and sales managers continue to be in high demand to both replace departing staff and to fill new roles as businesses continue to expand in the region.
• Insurance: Governance experts are in high demand due to new regulations designed to ensure insurers take a prudent approach to their activities. Business development managers also remain in high demand across insurance since candidates continue to transfer to other sectors. In addition, insurers are responding to the growth of the Johor region by hiring business development managers to base there.
• Human Resources: HR talent is in high demand in the heavy manufacturing sector as many organisations select Malaysia as the ideal location to build their regional office and manufacturing plants. Employers want HR managers and senior HR managers with strong experience setting up new manufacturing plants and offices, as well as HR generalists with good recruitment and talent management skills.
• Finance Technology: Vacancy activity remains strong with employers continuing to look for software development professionals, infrastructure experts, project services candidates and senior managers. Of course digital remains an area of major focus to help companies further refine the customer experience and expand their e-banking and online solutions. This is creating jobs for project managers, BAs and UX candidates.
• Life Sciences: The Malaysian pharmaceutical industry is experiencing progressive growth with many overseas-based pharmaceutical companies entering the market and creating new job opportunities, especially in sales for junior medical representatives and junior sales executives. Experienced regulatory affairs candidates are also needed by both new companies and existing pharmaceutical drug manufacturers.
• Supply Chain: Experienced procurement specialists are increasingly sought across a variety of sectors especially FMCG and light manufacturing. Companies are looking for candidates with sector relevant experience and strong sourcing and negotiation skills.
• Banking & Financial Services: Across the board, banks are increasing their front-office trade and cash segments to build platforms for revenue generation. On the back-office side, senior trade finance professionals with CDCS qualifications are highly sought. In the security services area, candidates able to cover fund operation, custody operation (settlement & reconciliation), transfer agency (including corporate action) and trustee operation are highly sought.
• Information Technology: Demand is very high for product managers for big data and mobile apps. This is still a relatively new area and most Malaysian candidates lack an iOS and Android development background. Senior mobile developers or product managers prefer to freelance as they receive a relatively stable income from projects. The market is also facing a shortage of change management and business transformation managers.
To see the full list of skills in demand and trends for your industry, please visit www.hays.com.my/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
Hays, the world’s leading recruiting experts in qualified, professional and skilled people.
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For further information please contact Kerryn Celine, Senior Marketing Executive - South East Asia at Hays, on +61 2 8226 9844 or email@example.com