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| Wednesday, 24 July 2013, 14:00 HKT/SGT | |
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Source: Hays | |
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TOKYO, July 24, 2013 - (ACN Newswire) - Accountancy, sales and compliance professionals are in demand in Japan's jobs market as organisations invest selectively in headcount, according to recruiting experts Hays in Japan.
The recruiter has released its latest Hays Quarterly Hotspots list of jobs in demand, and a driving factor is the focus of organisations on replacing departing staff, up-skill teams and selectively recruiting once more.
"While the long-term effect of Abenomics is still to be seen, it has certainly supported an increase in vacancy activity across a number of skill requirements," says Jonathan Sampson, Regional Director of Hays in Japan.
"Demand is not evident in every function in every location, but there are pockets of specific skill shortages and areas of staffing demand," he said.
"Hiring managers are more optimistic. They are replacing departing staff and making selective investments in roles that can add immediate value to their business. Based on feedback from employers, there is a feeling that there will be some recovery of our economy."
But he warns that employers have high expectations when they recruit. "Employers will only make job offers to the top tier candidates. They are still looking for specific skills and background that matches their industry."
According to the Hays Quarterly Hotspots list, demand exists for the following skilled professionals in Japan:
- FP&A Managers
There is a shortage of candidates to fill these roles, especially those who have bilingual skills.
- Accountants
Many companies looking for candidates require junior level applicants but expect them to have a high level of English language skills and experience in accounting. Juniors are new to the workplace and often do not have these skills.
- Compliance
Tighter and new regulations are creating a continuous demand for high level compliance officers in financial services.
- Internal Audit and Corporate Governance
These candidates continue to be in high demand as banks increase their focus on risk mitigation and tightening internal controls in order to comply with regulations. In addition, as organisations look to increase their presence in the region there is often a regulatory requirement to increase their ratio of Internal Auditors to match this growth. This is fuelling high demand for the appropriate candidates.
- Network Engineers
Japan is currently trying to build the infrastructure to support core system services and enhance in-house networks. Companies require extra staff to work on the projects and to support larger networks, which is fuelling the need for Network Engineers.
- Application Support
We are seeing high trading activity in Japan as the economy and financial market conditions improve. This means support areas that have previously been reduced now need extra staff in the front office for equity and fixed income.
- HR Consultants
There is high demand for candidates with a broad range of specialised skills across HR, project management and sales.
- Payroll
The payroll function is being brought in-house in many companies which means that more staff are required to manage it.
- Smart Phone Developers
This industry is booming in Japan especially in regards to gaming technologies. As this is a high growth area there is high demand for candidates who have the skills to develop new and existing technology.
- Claim Adjusters
There is still high demand for experienced Claim Adjusters due to the increase in direct marketing insurance companies. The difference from last quarter is that employers are being selective and looking for experienced candidates rather than inexperienced young potential candidates.
- Bilingual Lawyers
Bilingual language skills are in high demand since employers consider it an advantage to speak both English and Japanese in this industry.
- Clinical Research Associates
Since new drugs are consistently being released into the market we are seeing a continual demand for CRAs. These new drugs span various therapeutic areas. Given the increasing number of new drugs requiring monitoring, more CRAs are required to support and monitor clinical trials. We are also seeing a shortage of experienced CRAs in the market, and consequently many companies are actively starting to hire and train inexperienced candidates internally.
- Sales Administrators / Assistants
Businesses in Japan have been expanding their sales force which has resulted in the need for more staff to support the sales teams.
- Asset Managers
The recent weakening of the Japanese Yen has made real estate a more attractive investment option for overseas funds. Japan is seen as an economy in recovery, yet real estate prices are still well below historical highs. Japanese real estate tends to be regarded as lower risk and less volatile than other countries and therefore there is a high demand for Asset Managers in the current market. The March 2011 earthquake, although not centered in Tokyo, violently shook buildings in Kanto, yet none of them sustained any serious damage. This helped reaffirm the belief in the build quality of office and residential properties in Japan.
- Marketers for the online and gaming industry
Smart phones and online gaming software is constantly growing and becoming more technologically advanced. As this is a very competitive market companies need skilled marketers to get their products into the market and build interest.
- Sales Representatives
Sales Representatives are in high demand across the board, particularly in regards to direct sales rather than partner sales roles.
- Indirect Procurement Senior Managers
Management specialists with English language skills are in high demand as global strategies show that these candidates add more profit to companies and help reduce costs. In the pharmaceutical industry these members of staff are key to business growth however candidates are very conservative and therefore in high demand.
Hays, the world's leading recruiting experts in qualified, professional and skilled people.
About Hays
Hays is the leading global specialist recruiting group. It is the expert at recruiting qualified, professional and skilled people worldwide.
Hays Specialist Recruitment Japan KK ("Hays") is the largest foreign recruitment company in Japan and operates across the private sector, dealing in permanent positions, contract roles and temporary assignments. Hays has been in Japan for more than a decade, and boasts a track record of success and growth.
Hays is the only foreign recruitment company in Japan to operate specialist business units composed of professionals with experience and expertise in the sectors they cover. Hays Japan's thirteen specialisms span Accountancy & Finance, Banking, Finance Technology, Human Resources, Hays Resource Management, Information Technology, Insurance, Legal, Life Sciences, Office Professionals, Property, Sales & Marketing and Supply Chain.
Hays is also the only foreign recruitment company in Japan to operate three local offices, serving the Kanto region from Akasaka and Shinjuku, and Kansai from central Osaka.
Hays Japan is the local representative office for Hays plc, which is a global company with more than 7,800 staff operating from 245 offices across 33 countries.
Hays operates in the following countries: Australia, Austria, Belgium, Brazil, Canada, Colombia, Chile, China, the Czech Republic, Denmark, France, Germany, Hong Kong, Hungary, India, Ireland, Italy, Japan, Luxembourg, Malaysia, Mexico, the Netherlands, New Zealand, Poland, Portugal, Russia, Singapore, Spain, Sweden, Switzerland, UAE, the UK and the USA.
Contact:
Keiko Asakura
Hays Japan
Marketing Manager
+81-3-3560-2813
Keiko.Asakura@hays.co.jp
Topic: Research / Industry Report
Source: Hays
Sectors: Daily Finance, Daily News
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From the Asia Corporate News Network
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