highest demand for executive positions during the first three quarters
of 2010, reported Navigos Group.
Of the total
demand for accounting/finance manpower, 25 percent was for finance
managers and directors, 4 percent for finance controllers and demand for
chief accountants and accountants was a substantial 38 percent and 33
percent respectively, according to a recent research carried by the
leading and largest recruiting firm in Vietnam .
Navigos Group’s Managing Director Nguyen Thi Van Anh said, “The most
recent monetary downturn was witness to the growing influence and
control that chief finance officers and finance leaders have in guiding
businesses through troubled times.”
“No longer just
bookkeepers for their firms, accounting and finance professionals are
regarded as business partners, skilled in areas of divesting and
restructuring businesses, developing financial models and analysing
financial forecasts, as well as developing back office transaction
processes that support cast flow and drive efficiencies in so many
areas,” the director said.
Le Thi Hong Len, Country
Manager of the Association of Chartered Certified Accountants (ACCA),
added that changes in the roles of professional accountants and the
finance function itself are partly a consequence of the downturn, and
partly an outcome of a growing recognition of the value that the finance
function and professional accountants can add to an organisation.
Len quoted the findings of an intensive survey conducted by ACCA in
105 countries last March, in which nearly 70 percent of respondents
considered it very important for organisations to have a formal
programme to develop the best financial talent.
Up
to 75 percent of the respondents suggested that talent management was an
important component in addressing financial skills shortages prevalent
in many organisations.
Navigos Group and ACCA
jointly hosted a seminar “Accounting/Finance Talent in 2010” in Hanoi
on October 19 to update the most current trend and how best to recruit
and develop accounting/finance talent in Vietnam .
The seminar brought together approximately 200 chief executive
officers (CEOs), chief finance officers (CFOs), human resources
directors and managers from domestic and multinational corporations.
A similar seminar will be held in the southern largest economic hub of Ho Chi Minh City on October 21./.
