SALARY SURVEY 2013 - Robert Walters Singapore
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SALARY SURVEY 2013 - Robert Walters Singapore

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FRANKFURTFRANKFURTACCOUNTING&FINANCEFRANKFURTACCOUNTING&FINANCEOuraccounting&financedivisioninFrankfurtrecruitsspecialistsandseniorlevelprofessionalswithinabroadrangeofsectorsincludingFMCG,automotive,chemicals,pharmaceuticals,telecommunicationsandtechnology.MarketOverviewAccountingandfinancerecruitmentlevelsin2012remainedconsistentwith2011.Establishednationalandmultinationalcompanieswereparticularlyactiveinthejobsmarketandhiredbothspecialistsandmanagersthroughouttheyear.Inparticular,wesawdemandforfinancialcontrollerswithfiveyears'experiencelevelandaccountingmanagerswitharoundsevenyearsofexperience.Smallerorganisationsthatwereconsideredbymanytobelessdesirableplacestowork,whetherduetoimage,sizeorsector.AstheGermaneconomywaslessaffectedbytheEuropeaneconomiccrisis,manyforeignerssoughtopportunitiesinGermany.Frankfurtremainedahubforexpatworkers,withalargeinternationalcommunity.However,languageskillswerekeyasentry-levelGerman,orhigher,wasrequiredforthemajorityofavailablepositions.Despitethehighernumberofapplicantsforeachrole,high-qualityGermannative,oralmostnativespeakingcandidateswerescarceanddemandoutstrippedsupplyfortheseprofessionals.Asaresult,theywereabletosecuresalaryincreasesofatleast5%whenchangingrolesand/ornegotiatingriseswiththeirexistingemployers.DuetojuniorlevelnativeGermanprofessionalsalsobeinginshortsupply,manyentrylevelcandidatessoughtadditionalbenefitssuchasgymmembershipandextraleaveentitlement.Outlookfor<strong>2013</strong>Weexpectaccountingandfinancejoblevelstoremainhighin<strong>2013</strong>.FrankfurtwillcontinuetobeanattractivelocationduetoitsrelativeeconomicstrengthcomparedtotherestofEurope.Salarylevelswillincreaseslightly,particularlyforpositionsdealingwiththeimplementationofinternationalstandards(BilMoG,IFRS)andhybridfinance/ITroles.ACCOUNTING&FINANCEROLEPERMANENT<strong>SALARY</strong>PERANNUM€3-7YRS'EXP7-15+YRS'EXP2012 <strong>2013</strong> 2012 <strong>2013</strong>Accounting&FinanceChiefFinancialOfficer €150k+ €150k+ChiefOperatingOfficer €150k+ €150k+FinanceDirector/GroupController €80-150k €85-145k €90-160k €90-160kDirectorSharedServiceCenter €80-120k €80-120k €85-130k €85-130kManagerSharedServices €50-75k €50-80k €55-80k €55-80kM&AVP/Director €100-180k €90-170k €110-180k €100-175kM&AAssociate €80-140k €75-130k €80-150k €70-140kTaxDirector €100-120k €110-120k €120-140k €120-145kDivisionController €80-110k €80-110k €80-120k €80-120kFP&AManager €60-100k €60-100k €60-100k €60-100kController €45-80k €45-80k €55-80k €55-80kInternalAuditManager €80-100k €80-100k €80-110k €80-110kChiefAccountant €50-70k €50-70k €50-75k €50-75kFinancialAnalyst €45-70k €45-70k €45-70k €45-75kAssistantController €35-45k €35-45k €38-50k €38-50kTreasurer €55-85k €60-90k €55-90k €55-95kM&AAnalyst €50-60k €40-50k €55-65k €50-63kCreditManager €45-70k €45-70k €50-75k €50-75kPartner('Big4') €150k+ €150k+ €200k+ €200k+Manager('Big4') €65-90k €65-95k €65-100k €65-105kAssociate('Big4') €40-65k €35-65k €40-70k €40-75k107NB:Figuresarebasicsalariesexclusiveofbenefits/bonusesunlessotherwisespecified.<strong>Robert</strong><strong>Walters</strong>GlobalSalarySurvey<strong>2013</strong>

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