With the US dollar reaching an all-time high of Rs. 153 per dollar, the Sri Lankan economy is going through major changes. everjobs.lk, jobs portal, says that one of the primary causes for the rupee depreciation has been the widening trade deficit. One profession that is booming due to these economic changes is finance and, [...]

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Demand growing for accountancy and finance jobs

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With the US dollar reaching an all-time high of Rs. 153 per dollar, the Sri Lankan economy is going through major changes.
everjobs.lk, jobs portal, says that one of the primary causes for the rupee depreciation has been the widening trade deficit. One profession that is booming due to these economic changes is finance and, according to the quarterly career report published by everjobs.lk <https://www.everjobs.lk/> , accounting and finance jobs have seen the highest number of vacancies and attracted the most number of job applications during the past three months.

Accounting and finance is closely followed by IT in terms of job creation and job applications. This is evident from the fact that ‘data entry’ and ‘IT’ were among the most searched for jobs on everjobs.lk during the months of April, May and June 2017.

“Although finance is and will continue to be one of the core functions of any company, there is still a shortage of quality financial professionals in the country,” says Rushabh Sheth, Managing Director at everjobs.lk <https://www.everjobs.lk/> “However I believe that this trend is temporary and Sri Lanka’s future lies in IT. The country produces some of the top software engineers from colleges such as University of Moratuwa which are highly competitive at a global level,” he said.

The job market, however, experienced a shift in terms of the most desirable professions among job seekers during the second quarter of 2017. While HR-related jobs were the most attractive positions to professionals throughout 2016, internships and trainee jobs were highly sought after in Q2 2017. This is predominantly due to the fact that students are realizing the need for training to be competitive in the current job market.

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