Adelaide’s Public Accounting Industry Insights – November 2024

November 2024 - Adelaide Monthly Industry Insights (MII)
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A VISUAL REPRESENTATION OF KEY INDUSTRY INSIGHTS & TRENDS*

November 2024: Adelaide’s Public Accounting Industry Insights

Adelaide’s November’s Monthly Industry Insights (MII) report for reveals the latest statistics on public accountant employment patterns, the flow of talent, and major shifts among employers. Here’s a closer look at the report’s key findings and what they mean for accounting professionals and employers.

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Public Accountant Employers

Leading Employers: The largest employers in Adelaide’s public accounting sector, compared to last year:

  • William Buck (44, increase of 13%)
  • Bentleys SA  (36, increase of 9%)
  • Brentnalls SA (33, increase of 14%)
  • Perks (28, 0%)

 

Adelaide’s Public Accounting Workforce Snapshot

Total Employment: Adelaide is home to over 1,713 public accountants.
Current Hiring Demand: The demand for accountants remains very high.
Tenure: Accountants in Adelaide have a median tenure of 1.7 years, suggesting a moderately high turnover and potential opportunities for fresh talent.
Job Changes: In the past year, 210 public accountants in Adelaide have changed roles.

Location of Public Accountants

The number of public accountants across major Australian cities (change from previous year).

  • Greater Sydney Area: 7,236 accountants (3% decrease)
  • Greater Melbourne Area: 6,106 accountants (4% decrease)
  • Greater Brisbane Area: 2,502 accountants (6% decrease)
  • Greater Perth Area: 2,216 accountants (4% decrease)
  • Greater Adelaide Area: 1,713 accountants (3% decrease)

Skilled Labour Movement

This section shows major changes in public accountant employees in the last year.

  • Hall Chadwick: increased by 100%
  • Oreon Partners: increased by 75%
  • PKF Australia: decreased by 27%
  • Moore Australia: decreased by 27%

These numbers highlight which firms have seen the most significant shifts in their public accountant workforce, indicating growth for some and reduction for others.

Flow of Talent

Adelaide public accountant changes in job titles over the past year:

  • Financial Services: -7
  • Strategic Management: -5
  • Business consulting: 4
  • Retail: 8

Talent Pool Experience

Adelaide public accountant changes in job titles over the past year:

  • Accountant: 1,080 (↓ 4%)
  • Senior Accountant: 250 (↓ 2%)
  • Assistant Accountant: 103 (↓ 3%)
  • Chartered Accountant: 103 (0%)
  • Junior Accountant: 57(↓ 2%)
  • Intermediate Accountant: 26 (up 8%)

These figures indicate percentage decreases across various accounting roles, with the largest reductions seen in intermediate Accountant positions.