The Accounting Job Market Is Robust, Says AccountingCrossing; Job Site Seeks to Increase Job Count to Help Accounting Professionals

September 15, 2008

Pasadena, CA — According to a survey report by recruiter Ajilon Finance and the Institute of Management Accountants, accounting job opportunities for accountants remain strong. In consonance with the survey, AccountingCrossing, the job board for accounting professionals, has seen an upward swing in the demand for accounting professionals, with a sizeable increase in recent months. AccountingCrossing currently has 55,987 job openings in its database, and the site foresees an extremely strong job market for accounting professionals in the near future.

''Workers in certain sections of the job market do better despite an economic downturn, and some even thrive because of one. The accounting industry is touted as one of the top ten recession-proof industries, according to a survey by JobFox. Many organizations have added more jobs in their accounting departments, and that’s obviously being reflected on AccountingCrossing,'' says Harrison Barnes, CEO of AccountingCrossing.

According to the recruiter report, 65% of the accounting and finance professionals polled think that there are currently more or the same amount of job opportunities available for accountants compared to a year ago. 27% find it challenging to recruit qualified candidates for accounting job openings on their teams. Also, 46% of accounting professionals see their company thinking about long-term benefits, compared to 19% who say their company is only making short-term changes and 21% who see their company as focused solely on maintaining the status quo. Additionally, most accountants are not overly concerned about losing their jobs. In a poll of 318 accounting workers, 75% of the respondents said that their positions likely won't be cut in the next year. Only 14% said that they are likely to be dismissed.

The US Labor Department projects an 18% growth (between 2006 and 2016) in the job count for accountants and auditors combined, which is faster than the average for all occupations. The Labor Department also predicts an additional 226,000 accounting jobs to be created within the next decade. A survey by the NACE found that 2008 accounting graduates are being paid $49,085 salaries on average, which is reportedly one of the top salaries for new grads.

Says Barnes, ''Furthering the trend in recent years, accounting workers generally don't have to worry about job security. They can still feel confident as CFOs continue to struggle with filling their teams with truly talented people.''

The top job titles on AccountingCrossing in the last month have been:

• Senior accounting jobs (8,830)
• Payroll clerk jobs (3,893)
• Accounting assistant jobs (3,250)
• Accounting analyst jobs (3,203)
• Auditor jobs (2,406)
• Accounting director jobs (1,713)

''The present job market is a tricky one, and various professionals are having trouble in the current economic scenario. There are thousands of jobs, however, if one knows where to look. AccountingCrossing monitors all employer websites (over 250,000) and other resources to post accounting jobs that are not mentioned on any other job board,'' adds Barnes.

For more information on AccountingCrossing, please visit www.accountingcrossing.com.

Contact:
Mary Waldron, Editorial Coordinator
EmploymentCrossing
626-243-1821
maryw@employmentcrossing.com

About AccountingCrossing

AccountingCrossing is an affiliate of EmploymentCrossing, a powerful and comprehensive organization dedicated to helping professionals find jobs that will enhance their careers. AccountingCrossing consolidates every accounting job opening it can find in one convenient location. The website also offers a seven-day free trial to new members