SPECIALISMS

Our client portfolio has been developed over the past 16 years giving our candidates access to some of the highest profile, and often, not advertised roles with leading Plc's, SME's, Private Equity, and Public Sector based clients.

GAP have an outstanding network and are well positioned to offer a professional/knowledgeable approach to clients positioned in any one of the above fields so please get in touch to learn how we can partner with you in becoming and employer of choice.

Example of the roles recruited in Industry and Commerce:

Senior and Qualified:

Finance Director
Financial Controller
Finance Manager (Financial/Management/Commercial)
Finance Business Partner
Commercial Analyst
Financial Accountant / Group Accountant / Company Accountant
Management Accountant

Part Qualified:

Finance Manager (Financial/Management/Commercial)
Finance Business Partner
Commercial Analyst
Financial Accountant / Group Accountant / Company Accountant
Management Accountant
Assistant Accountant
Accountant Assistant

Senior Transaction:

Transactional Manager
Credit Control Manager
Accounts Payable Manager
Accounts Receivable Manager
Payroll Manager
AP Supervisor
AR Supervisor
Credit Control Supervisor

 

Industry and Commerce Market Overview:

Large Corporate and PLC

We have seen a weakening position from some of the larger corporates, with many opting to hold off on non-business critical finance recruitment where possible. Training contracts have been few and far between; where this has happened, roles have typically been much broader, encompassing both financial reporting, month end and some analysis, rather than the more traditional roles we have seen in the past. This unsettled landscape has given way to the increase in temporary and contract appointments helping to shape businesses for new legislative requirement and strong financial control frameworks.

Small to Medium Enterprises (SME)

This section of the market has seen the most activity, repeating last year’s trend. Without the luxury of having over spill or additional resource, SMEs have not only had to replace, but also grow their financial resources at transactional, part qualified and qualified levels. Many have attempted to take a more pragmatic approach in bringing their accounting resource fully in house, simulating a miniature shared service facility, giving the company more autonomy and continuity with its accounting. They have also had to bolster ERP operating systems and ensure the business has the adequate controls to ensure fast growing turnover does not outstrip internal control. As referred to above, companies are becoming wise to the needs of being ‘business ready’ before the possibility of embarking on an MBO or IPO, putting more strain on the business to be data-ready for external advisors, investors, banks and business owners.

Private Equity firms are an increasingly important part of the economy and offer some of the most sought-after careers in finance. Private Equity helps to facilitate the purchasing of all or part of the equity of companies away from a normal stock purchase in the public equity markets. Careers and Private Equity can be challenging but on the same hand, hugely rewarding.

Private equity firms get involved in leveraged buyout transactions, partial stake purchases in public companies and investments in private companies. The largest firms in this sector are adept at using the tools of finance to design wealth-creating transactions and are more typically found within the capital or larger cities. There are lots of other firms as well that engage in “middle market” transactions – smaller deals.

Roles in private equity at a more junior level would typically be involved in a combination of spreadsheet analysis of the economics of a potential leveraged buyout, sourcing of new deals through industry research and screening of potential buyout candidates, preparation of materials for a senior partner on a potential investment target or company already subject to investment or coordination of the many diligence and research items required to carry out a transaction. The work is detailed, interesting and demanding and the hours can be rather intense. You will get an opportunity to interact with numerous law firms, bankers and consultants as you pull together the work on projects. You will soon become an expert on the debt markets – in particular, the arrangement of syndicated bank loans and high yield bond “take outs” that are used to refinance loans in buyouts. You will lean to partner with CEOs and their management teams often even while you are at a junior level.

GAP look at both portfolio and investment roles through to mainstream finance roles that operate throughout the private equity houses and not only the large structured PE houses but also the boutique PE houses too. Typical roles would vary from Partner level down to Associate / Analyst level.

 

Private Equity Overview:

This side of the market is almost like an auction, with a significant amount of PE investment demonstrated throughout 2017 and again typically in the mid-market sweet spot c£10-200m t/o. Considering the high number of transactions done in 2017. Supply and demand is finely balanced; with banks remaining risk averse, this is clearly helping to fuel a transaction heavy market.

Working in partnership with a full suite of practice clients including the Big4, Top10 and smaller independents, GAP recognise fluidity of roles and the fact that demand is far outstripping supply within the practice market across the board. We also recognised the gains that can be had through the practice platform and the way that practice can offer such a structured career path. If you are a candidate wanting advice around the different service lines or want to understand what offerings there are within large, mid-tier or smaller accounting firms within public practice or a client wishing to stand out amongst the crowd in this competitive market, please get in touch for a consultative overview and bridge the knowledge GAP.

 

Example of the roles recruited in Professional Practice:

A complete suite of roles across all the service lines covering Audit, Tax, Forensics, Recovery, Transactional Services, Corporate Finance, Advisory and Consulting.

Senior and Qualified:

Partner/Partner Designate
Associate/Associate Director
Senior Manager
Manager
Assistant Manager
Executive / Associate

Part Qualified:

ACA/ACCA Semi and Senior Training Contracts

 

Grass Routes:

Graduate intake ACA/ACCA Training Contract

 

Professional Practice Market Overview:

With such high demand in professional practice across almost every service line, this is putting an increased strain on firms to get the right balance between having the right number of leaders and doers to service the front end. There remains an urgency to recruit graduate intake to new training contracts whilst there is also a high demand on attracting Assistant Managers through to Manager grade not just from other firms but also attracting individuals back to the profession from industry.

There is also a huge pressure at the other end for internal promotion with fewer promotion opportunities but the ongoing headache of keeping everyone happy without affecting attrition at the senior end. This has created a bottle neck for those coming up through the ranks which all firms are struggling with, as promotions are held off for a further 12-18 months beyond the expected promotion window.

Working in partnership with a full suite of practice clients including the Big4, Top10 and smaller independents, GAP recognise fluidity of roles and the fact that demand is far outstripping supply within the practice market across the board. We also recognised the gains that can be had through the practice platform and the way that practice can offer such a structured career path. If you are a candidate wanting advice around the different service lines or want to understand what offerings there are within large, mid-tier or smaller accounting firms within public practice or a client wishing to stand out amongst the crowd in this competitive market, please get in touch for a consultative overview and bridge the knowledge GAP.

 

Example of the roles recruited in Professional Practice:

A complete suite of roles across all the service lines covering Audit, Tax, Forensics, Recovery, Transactional Services, Corporate Finance, Advisory and Consulting.

Senior and Qualified:

Partner/Partner Designate
Associate/Associate Director
Senior Manager
Manager
Assistant Manager
Executive / Associate

Part Qualified:

ACA/ACCA Semi and Senior Training Contracts

 

Grass Routes:

Graduate intake ACA/ACCA Training Contract

 

Professional Practice Market Overview:

With such high demand in professional practice across almost every service line, this is putting an increased strain on firms to get the right balance between having the right number of leaders and doers to service the front end. There remains an urgency to recruit graduate intake to new training contracts whilst there is also a high demand on attracting Assistant Managers through to Manager grade not just from other firms but also attracting individuals back to the profession from industry.

There is also a huge pressure at the other end for internal promotion with fewer promotion opportunities but the ongoing headache of keeping everyone happy without affecting attrition at the senior end. This has created a bottle neck for those coming up through the ranks which all firms are struggling with, as promotions are held off for a further 12-18 months beyond the expected promotion window.