Training for these skills should get

you a jobhttp://voices.news24.com/jan-badenhorst/2016/09/these-skills-will-get-you-a-job-scarce-skills/

Scarce Skills Training

• Here are some of the top scarce skills in in the financial sector; based on the FASSET Scare Skills Guide 2015. FASSET is the SETA for Finance, Accounting, Management Consulting and other Financial Services. (www.fasset.org.za)

Scarce Skills Training- Trainee Accountant - Computer Network and Systems Engineer - Debt Collector - Finance Manager - Management Consultant - Office Administrator- General Accountant - Organisation and Methods Analyst - Market Research Analyst- ICT Systems Analyst

- Software Developer - Programmer Analyst - Database Designer and Administrator - Economist - Supply Chain Practitioner - General Clerk Inbound - Contact Centre Consultant - Accounts Clerk Payroll Clerk

FASSET Scarce Skills Guide 2015

• In 2014 / 2015 about 28% of (SETA) levy-paying organisations in the financial sector, reported a current scarcity of qualified and experienced people.

• Women and Black Africans are underrepresented in the managerial and professional categories; so the demand for trained people in these groups are even higher.

To get employment in the Financial Sector, you need qualifications at

NQF 4 level (matric level) and higher

• According to the Scarce Skills Guide, in the finance sector 99,2% of the workforce holds qualifications at NQF 4 / Matric level and above.

• The majority (68,6%) of the employees have post-school qualifications.

• So if you want to work in this sector, you need to qualify yourself at matric level and higher.

To get employment in the Financial Sector, you need qualifications at

NQF 4 level (matric level) and higher

• Does this mean you cannot get a good job or promotion in the financial sector if you don’t have matric?

• No. • You can study other qualifications that will

better prepare you for a job in this sector.

Key skills shortages over the last three years

• Finance Manager, and Corporate General Manager are two of the top shortages identified by FASSET over the past three years.

• This is also an indicator of how Financial Management and General Management skilled employees move across all sectors.

The identified persistent scarce skills are as follows:

- General Accountant (including trainee accountants)- External Auditor- Computer Network and Systems Engineer- Debt Collector- Finance Manager- Management Consultant- Financial Investment Advisor- Investment Manager- Accounts Clerk- Economist- The need for varied skills

Generic and “top up” skills shortage

• FASSET identifies two groups of critical skills:

• Group 1: Key or generic skills, including (in SAQA-NQF terminology) critical cross-field outcomes. These would include cognitive skills (problem solving, learning to learn), language and literacy skills, mathematical skills, ICT skills and working in teams.

Generic and “top up” skills shortage

• Group 2: Particular occupationally specific ‘top-up’ skills required for performance within that occupation to fill a ‘skills gap’ that might have arisen as a result of changing technology or new forms of work organisation.

In the Fasset environment, the most important critical skills

have been identified as follows:

- Specialist Financial Skills- Information Technology Skills- Client Service Skills- Management & Leadership Skills- Support & Administrative Skills- Legal Knowledge and Skills- Productivity & Efficiency- Insurance-related Knowledge and Skills- Soft Skills- Sales and Marketing Skills

A national perspective on scarce skills

• The Adcorp Employment Index (2015) identified four occupational categories in which South Africa is having skills shortages.

• These occupations include senior management; professionals in medicine, engineering, accounting and law; technical occupations such as specialised technicians and artisans; and agriculture.

How to get qualified

• The Institute of Certified Bookkeepers (ICB) qualifications offer a way in for anybody.

• If you don’t have matric (like the majority of South Africans), then you can start at NQF3 level.

• You can work you way up from there. • The highest qualification you can achieve is NQF

level 6. • That is a qualification two levels higher than matric.