Finance hires decline in Q4, still in demand

October 27, 2019

Despite a decline in employment for the fourth quarter 2019, accounting and finance jobs are still in high demand, according to a recent hiring forecast survey.

The survey found that 33% of companies reported job openings in the fourth quarter — a 10% decrease from the third quarter. However, 24% of human resources professionals reported they plan to increase their hiring of new accounting and finance talent in the next year.

The number of newly added employees at CPA firms, tax preparation services and other accounting services remained relatively flat in the fourth quarter. Payroll employment decreased by 1.3% in September but is up 8.7% for the year.

The survey also reported employment of women in the financial services increased 6.2% for the year. CPA firms, in particular, appear to have increased their employment of women by nearly 5% for the year.

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