NATIONAL PAYROLL WEEK - Andrew Walker

Meet our Transactional Temps and Interim Specialists

Why is it that so many people and businesses in Yorkshire trust and rely on Sharp Consultancy to support their temporary and interim financial recruitment strategies? Sharp Consultancy is Yorkshire’s largest, most experienced and best-connected independent company committed exclusively to financial recruitment. We’re the true specialists. Unlike so many other firms, financial recruitment is all we do - so we’re probably the most focused and knowledgeable company in the region. And in Yorkshire, no other specialist Temporary and Interim Finance Recruitment team enjoy as many years of combined finance sector experience. Therefore, both our Transactional Temps and Interim Specialists divisions are the most knowledgeable in the region. Karen PitchforthKaren Pitchforth has over two decades of recruitment experience, dedicating more than half of that to Sharp Consultancy and is pivotal to our Interim Specialist division. Dedicated to South Yorkshire businesses, Karen has a vast network of part-qualified, fully qualified, or qualified by experience interim finance specialists in the region.Karen's Company ProfileKaren's LinkedIn ProfileColin MolyneuxColin Molyneux’s career spans almost 25 years and now in his second stint with Sharp Consultancy has been a key component in our Interim Specialist division. His expert focus on sourcing and placing Qualified Interim professionals across West Yorkshire and has a concrete commitment: whether it’s days or hours, he’ll meet your deadlines. Colin's Company ProfileColin's LinkedIn ProfileStuart DouglassStuart Douglass has been an integral part of our Interim Specialist division since 2016, building on a career spanning over 25 years. He focuses exclusively on senior interim roles within West and North Yorkshire and covers Part Qualified, Qualified by Experience and Qualified requirements. His deep understanding of the finance market means he is a trusted advisor to many clients. Stuart's Company ProfileStuart's LinkedIn ProfileDeanna CrosbyDeanna Crosby has established herself as a leading Transactional Temps expert in South Yorkshire. She focuses predominantly on the Barnsley, Doncaster, and Rotherham areas supplying variety of Transactional Temps including, Finance/Accounts Assistants, Credit Controllers, Sales and Purchase Ledger Clerks and Payroll. Dee provides a rapid response to meet her clients’ needs. Deanna's Company Profile Deanna's LinkedIn ProfileLiam O'FlahertyLiam O'Flaherty has over 20 years of finance recruitment experience. Now in his fifth year with us, Liam specialises in Transactional Temp recruitment throughout West Yorkshire. His deep understanding of the local market, combined with his consultative approach, ensures that both clients and candidates receive unparalleled service and support. Liam's Company ProfileLiam's LinkedIn ProfileTom TurnerTom Turner is now in his sixth year in recruitment, and entering his 3rd year with Sharp Consultancy, where he has quickly established himself as the go-to transactional temp specialist in the Sheffield market. Covering all aspects of transactional finance, Tom is the person to find the right fit when it comes to temp Finance Assistants, Accounts Payable Clerks, Accounts Receivable staff and payrollers. With shrewd judgement, he makes precise recommendations.Tom's Company Profile Tom's LinkedIn ProfileSo, with circa 100 years of combined Transactional Temps and Interim Specialist recruitment experience, and more than a third of that within Sharp Consultancy itself, the real question is not why is it that so many people and businesses in Yorkshire trust and rely on Sharp Consultancy to support their temporary and interim financial recruitment strategies? But more why would you choose to go anywhere else? Our aim is to earn your trust by providing a superior experience. To discuss how Sharp Consultancy assist you and your business speak to one of these leading experts in their field on 0113 236 6300 or 0114 261 1700.

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To mark National Payroll Week, we asked our Commercial Director Andrew Walker, who has more than 20 year’s recruitment experience and focuses on the placement of transactional finance and payroll specialists in South Yorkshire for insight into the current market.

How is the current marketplace and what are your expectations for how the next 6-12 months will look?

Payroll has been particularly in demand over the last 12-24 months and the employment market is still extremely buoyant, with demand outweighing supply.

The next 6-12 months may depend upon any changes in the economy; as it stands there is no sign of the employment market slowing down, however that may change if we enter a recession and belts tighten.

What are the main recruitment challenges being faced?

There’s high demand from employers for quality, experienced specialists however a short supply of suitable candidates, compounded by a historical lack of investment in training new payroll staff means that the balance is unlikely to be restored in the short to medium term.

What should employers be doing to overcome these challenges?

Employers need to be looking at one of two approaches. Firstly, raising salaries both in terms of retaining their own talent and also to attract the limited number of candidates looking for a new role. Payroll salaries have risen considerably in the last 24 months and, whilst demand outweighs supply, will continue to rise. Effectively, companies will find that they are paying a premium to secure the personnel they need and be the employer of choice.

Secondly, there needs to be a return to recruiting and investing “rookies” in order to grow their own talent through training and development. Many clients are recruiting graduates, AAT studiers, or administrators and training them in payroll and providing support for relevant qualifications such as the CIPP (Chartered Institute of Payroll Professionals).

What should candidates be doing to take advantage of this opportunity?

Experienced payroll specialists with the right skills will find that there’s a wealth of opportunities currently available to them. Those in the early stages of their finance career should give serious consideration to payroll as it offers an opportunity to use numerical and IT skills in a people-orientated role.

Payroll can often be an area of Accounting and Finance that is overlooked, despite it offering just as many opportunities for post graduate qualification, for promotion and for high earning potential as other areas. It offers a viable route for longer term development with the provision of full training and further funded qualifications potentially available.

What should candidates be looking for when considering a new role opportunity?

Consider your fit with the company culture. Yes there are currently genuine opportunities to improve your salary at the moment, but any move should be because it will be the ‘right’ place for you to work and offer you the progression that you are looking for… Don’t just follow the money.

How can employers put themselves in the best possible position to secure the top talent?

Sell yourself as an organisation and what you can offer somebody with ambition seeking strong career development opportunities. Be prepared to move (very) quickly and be decisive; candidates have so many choices and so many options on the table, that a poor process or a slow process means most of the time you will miss out.

Additionally, be open minded to recruiting inexperienced candidates and invest in training and qualifications. The fight for talent is intense for experienced candidates, with prices rising quickly. Investing in new entrants to the market can be a rewarding and cost-effective alternative.

Sharp Consultancy specialises in the recruitment of temporary, interim and permanent transactional finance professionals across the full spectrum of roles including accounts payable, credit control, payroll and purchase ledgers. With offices in Leeds and Sheffield our highly experienced team of consultants recruit for positions throughout Yorkshire and beyond. CONTACT US today to find out more.