The Truth About the “Ghost” Job Market in Public Practice
If you speak to enough accountants in the current job market, you start hearing the same frustrations on repeat. Lately, I’ve been having conversations with fantastic candidates who are feeling entirely disillusioned with their job search, which made me realise it was time to pull back the curtain and write this article.
What you see: It’s a Tuesday evening. You’ve realised it’s time for a step up in your career, so you jump onto Seek or LinkedIn. You type in “BAS Manager” or “Audit Senior,” hit search, and scroll.
You see the same five firms advertising the same roles they’ve had up for three months. Nothing looks fresh, nothing looks exciting, and you close your laptop thinking, “The market must be completely dead right now.”
But what you see on the job boards is only half the story.
The reality behind the job boards: Welcome to the “Ghost” Job Market.
In Public Practice, a massive percentage of the best roles, especially at the intermediate, senior, and management levels, never actually make it to a job board. Many top-tier, mid-tier, and high-performing boutique firms choose not to advertise their premium roles online.
Why? There are a few reasons:
- Confidentiality: A Partner may be looking to replace an underperforming staff member and cannot advertise the role publicly.
- Time constraints: Advertising a role often results in an avalanche of 200+ CVs, many of which don’t have the necessary CA/CPA qualifications or local New Zealand/Australian tax experience. Partners simply don’t have the billable hours to spare to sift through them.
- Strategic Growth: Sometimes a role doesn’t officially “exist” yet, but a Partner will happily create one if a recruiter brings them a high-calibre candidate with a specific skillset (like specialised advisory or niche tax experience).
What’s the issue? If you are only relying on job boards for your next career move:
- You are completely missing out on up to 50% of the best opportunities in the market.
- You are competing against hundreds of other active job seekers for the few roles that are visible.
- You risk settling for a subpar role or a firm with a poor culture simply because you assumed it was the only option available.
- You might be applying for roles that are already promised to an internal promotion, but are being advertised just to tick an HR compliance box.
Like most people, you assume that if a firm is hiring, they will put up an ad. But in professional services, hiring is often about who you know, not just what you know.
So what can you do about it? Tap into the hidden market! Here is how:
- Optimise your LinkedIn: Ensure your profile clearly states your service line (BAS, Audit, Tax), your software proficiencies (Xero, MYOB, Caseware), and your qualification status (CA/CPA). Turn on the “Open to Work” feature (visibility set to recruiters only).
- Network: The accounting world is small. Connect with former colleagues who have moved on to firms you admire.
- Use a Specialist Recruiter: This is where we come in.
Not all Recruiters work the same way: At Tyler Wren, we don’t just wait for a client to post a job ad and then send them CVs. We spend our days building relationships with Partners and HR teams across the country.
We often know a firm is looking to hire a month before they even draft a job description. When we meet with a candidate, we discuss their career goals, the type of firm culture they thrive in, and the exact work they want to be doing. Then, we proactively take their profile to our trusted network of Partners, unlocking that “ghost” market on their behalf.
However, as Natasha mentioned in a previous article, not every recruiter works in the same way. You need a recruiter who will consult with you, keep your details confidential, and only approach firms with your explicit permission.
The Takeaway: If you are looking for your next role in Public Practice, don’t let the job boards dictate your worth or your options. The market isn’t dead; it’s just hidden.
If you would rather:
- Skip applying for roles on job boards yourself
- Save yourself some time and stress
- Access the unadvertised “hidden” job market
- Have a tailored approach to finding an accounting job that matches your specific goals
- Be given in-depth information about a firm’s culture, study support, and progression pathways before you even interview
Then get in touch with me for a confidential conversation.
About Me
James is a Specialist Recruiter within the CA space, helping Chartered Accountants, Certified Public Accountants, and those studying towards their qualifications find their ideal roles.
Within Public Practice firms, my roles span Business Advisory Services (BAS), External Audit, Tax, Corporate Finance, Risk Advisory, and Insolvency.
Here at Tyler Wren, we know good people know good people. We offer a referral bonus if you refer someone to Tyler Wren, with whom we secure a new role. Click here to find out more and to refer a friend.
Find out more about Tyler Wren’s
- NZ Public Practice Recruitment here
- Australia Public Practice Recruitment here
- Our Salary & Benefits Guide here
Read some of our most recent Accounting articles here:
- The Truth About Job Board Settings
- Why Being Honest with Recruiters Can Supercharge Your Career
- 10 Lessons from a Decade in Accounting & Finance Recruitment
- Hybrid Working in New Zealand: The Good, the Bad and the Workable
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Here at Tyler Wren, we know good people know good people. We offer a referral bonus if you refer someone to Tyler Wren, with whom we secure a new role. Click here to find out more and to refer a friend.
Find out more about Tyler Wren’s Public Practice Recruitment Here
Frequently Asked Questions:
What is the hidden job market in public practice accounting?
The hidden job market refers to premium accounting roles that employers never advertise on public job boards. Partners often fill these positions quietly through trusted recruitment networks or direct headhunting to maintain strict confidentiality.
Why do accounting firms choose not to advertise open roles online?
Firms hide roles because advertising publicly costs valuable time and can compromise privacy. Job board listings often attract hundreds of unqualified resumes, so busy partners prefer to bypass the filtering process entirely. Additionally, a firm might need to replace an underperforming staff member discreetly before making the vacancy public.
How can I find unadvertised accounting jobs in New Zealand?
You can access unadvertised roles by partnering with a specialist recruitment agency like Tyler Wren. We maintain direct relationships with decision-makers, so we know about opportunities before they reach the public job market. You should also optimize your LinkedIn profile and network with former colleagues to increase your visibility.
Is the accounting job market slow if job boards have few listings?
No, a quiet job board does not mean the hiring market has stopped. Public platforms only show a small fraction of available roles, because many firms rely heavily on private talent pipelines. The demand for qualified BAS, tax, and audit professionals remains consistently high behind the scenes.
Can a firm create a new accounting role for the right candidate?
Yes, many public practice firms will actively create a brand-new position for a high-calibre professional. If you possess specialized skills in advisory or niche tax, partners frequently adjust their budgets to bring you into the team. This strategic hiring happens almost exclusively within the hidden job market.
Will my current employer find out if I look for unadvertised jobs?
Using a confidential recruitment specialist protects your privacy completely during a job search. We never share your details or CV with a firm without your explicit permission, so you remain in total control. This approach eliminates the risk of your current employer discovering that you are exploring the job market.
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