The market for newly qualified accountants is the busiest it has been in my five years working in recruitment and you will certainly have some good options available to you should you decide to leave practice. The first job you take outside of practice is an important decision to make, and it is a choice that you should put some serious thought and consideration in to.
What kind of job would I like to do?
As a newly qualified ACA accountant the experience will be attractive to a variety of different employers. Rather than just having the mind-set to take any job that is not external audit, decide what kind of jobyou would genuinely like to do. There is the option to move into financial accounting/financial reporting/financial analysis/internal audit etc. jobs. The first job you move into outside of practice may shape your career for the next 3-5 years. Given the amount of time you have spent studying, working long hours etc. in external audit, it is important that you move into a job type that you will genuinely enjoy and hopefully stay in for a number of years.
What kind of industry would I like to work in?
If you have spent 3-4 years working in audit you will have first-hand knowledge of companies in a variety of industries. Think about companies that you have audited that you would actually like to work for yourself and then target a job in a similar organisation. If you decide to continue your career in Dublin you are lucky in that there are a number of large employers in most industry sectors including Banking, Insurance, Funds and Multinationals. Even Irish owned SMEs and start-up companies are starting to hire again. It will be easier to secure a job in the industry sector that you audited but some companies will see that your skills are transferable and will offer you an opportunity to change sectors. Speak to your recruiter about which companies will give you this option.
Should I stay working in practice beyond my training contract?
Whilst a significant percentage of accountants working in audit will want to leave practice as soon as their training contract expires a lot will want to stay working in practice. This can be a good option for some candidates. You can progress to managerial level, manage larger teams and be exposed to more senior stakeholders in a variety of different companies. This will be advantageous to some candidates in the long term. However if you are not going to be exposed to anything new by staying on in your current role then it may be better to move on.
There is also the option to move to a different accountancy practice on completion of your training contract. Big 4/Top 7 audit firms are always looking to hire good auditor seniors. Changing accountancy practices may give you exposure to new clients and may give you an opportunity to audit clients in a different sector than you are used to. If you qualified in a Top 20 practice it may be a good idea to get a year experience in a Big 4 audit firm if the ultimate aim is to get a role in one of the big multinational/financial service organisations.
What is most important to you in a new job?
All candidates will have different motives for leaving practice. For some they will want to join an organisation big enough whereby they can constantly progress and develop over the next 5-10 years. Others will prefer to go into a role that will offer more variety and more of a mental challenge. For some newly qualified accountants after spending three years working 60 hours a week they will just want a job that will allow them to finish work every day at 5pm. Whatever your motivation, there will be different options available.
If using a recruiter be honest with them and this will result in you interviewing with the most appropriate companies for your skill set. Also speak to colleagues in years above you in practice who have left to join companies in industry as they will be able to give you first-hand information as to whate roles outside of practice really are like.
Get your CV updated
Until you interview your CV is the only document you have to describe your skills and experience. Despite all the resources available to candidates (CV templates, CV advice online etc.) some qualified accountants still cannot prepare good CVs. Your CV should do you justice and describe all relevant experience you have built up over your training contract. If you are unsure about CV layout or what to include then speak to a recruiter directly and they can help you with this process. In general your CV should be clear, concise, easy to read and very informative (facts and figures). If you have trained in audit list the different clients you have audited and describe their size (turnover, number of employees etc.) and industry sector. Recruiters see hundreds of CVs from Big 4 candidates every year and most CVs look very similar – what distinguishes one from the other is the different clients that you have worked on. Your audit clients will also be the first thing employers will look at when reviewing your application along with your educational record.
In certain cases your recruiter may get you to tailor your CV for an application to a specific role – this will significantly increase your chance of securing an interview.
Meet with a recruiter
Meeting with a recruiter in person will be much more beneficial that just having a phone call with them. At an initial meeting you can have an open and honest conversation around what kind of job you actually want. This should result in you only being put forward to jobs you would be genuinely interested in rather than being submitted to ten different jobs just because your skill set is desired by the client. Applying to jobs of no appeal to you is a waste of the recruiter’s and the client’s time and does not reflect well on you either. By meeting with the recruiter at the beginning of your job search you will also distinguish yourself from the other hundred candidates coming out of training contracts at the same time. A good recruiter will also be able to match you to a company environment that will suit your personality as well as your skill set.
Don’t wait for someone to approach you – be proactive and contact a recruitment consultant yourself. It is nice to be approached about a job and feel as though you are being headhunted for a specific role, however often the recruiters with the most jobs for you will not have the time to search through LinkedIn for hours to find suitable candidates. By registering your details with a good recruitment consultant you will ensure that you are kept aware of all suitable job opportunities that may arise. Even if you are not looking for a role immediately the best way to find out about good jobs is by having a relationship with the recruiter that will be speaking to these companies. Also, recruiters that have worked with companies for a number of years tend to be able to influence clients into meeting candidates that they have met and can personally recommend.
By applying to a job through an agency you should be able to gain a competitive advantage over applicants that apply directly. Your recruiter will be able to give you advice about the company, the work environment, the hiring manager and also be able to conduct interview preparation with you. They will also be able to keep you better informed of the timelines involved in the process and will be able to ensure the hiring manager makes a quick decision if you are interviewing with a couple of different companies.
What salary can I get?
Naturally the salary you attain in a new job is an important factor when making your decision about what company to join. Luckily as a qualified ACA accountant in Dublin you can expect to receive a good salary in the current market. Companies in different industries pay different various salaries so have a look at salary guides for an idea of what you may be eligible for. Sometimes companies will offer lower salaries at first but with a view to increasing your remuneration and benefits as you progress whereas other companies will offer a higher salary initially but will offer no salary increase or no room for career progression over the next three years. Be open minded regarding salary and listen to the advice of your recruitment consultant as well as from fellow colleagues, managers etc. The first job you take outside of practice is an important decision and taking a short term view in terms of salary expectations may not be the best move in the longer term. Also, in reality a couple of grand difference in salary is going to make little difference to your monthly take home pay.
Should I take a contract job?
A lot of candidates will only consider permanent jobs when looking to change. Whilst this is understandable in some circumstances (mortgage application etc.), ruling out contract roles can seriously limit your options. The majority of large multinational or financial services companies in Dublin tend to offer contract roles initially. In general these tend to be permanent in all but name and will be extended beyond the initial fixed term contract. Again your recruiter will be able to offer you advice around which companies will make you permanent and which ones won’t.
I plan on going travelling after my training contract ends
On completion of a training contract or within a year of qualifying, a large percentage of accountants will go abroad to travel or to work. Depending on your personal circumstances you may be better off staying in your current practice for six months before going away whereas in the majority of cases it may be good to try and get 6-12 months industry experience before going away as this will make your CV look more marketable when you decide to return to Ireland. Of course this is dependent on individual circumstance and jobs on offer.
If I fail my FAEs?
If you fail your exams you will still have a significant number of options available to you. The first thing you should consider is whether you plan on repeating your ACA exams the following year. If this is the case, the best option will likely be to stay working in practice as no company in industry will offer you the amount of study leave that you will get in practice. If you are unhappy in your role maybe consider joining another audit firm that will offer a new environment and new clients to work with.
A good option for a lot of candidates is to change to ACCA. This is still a prestigious qualification that will be hugely beneficial to you over the course of your career. You will be exempt from most exams and should be able to qualify within a year. The exam format is much friendlier to people in full time jobs than ACA exams are. The majority of accountants that train in industry will undertake ACCA exams rather than ACA ones. If you want to stay doing ACA maybe consider taking a contract role until next summer and then take a couple of months off to study for your FAEs once again.
You will still have lots of options available to you to move into industry. You have the same amount of work experience as those that are qualified and your skillset will still be in demand to employers. You may not command the same salary that qualified accountants can but you will still get a good package. You will also have a year’s experience in industry (rather than another twelve months in practice) and when you qualify next year you should be able to command the same salary as your work colleagues who pass the exams this year.
If you have any questions on your present position or are interested in roles that Sigmar has on offer please contact our team – email@example.com or call 01-4744600.
Posted by Recruitment Consultant, Sigmar on 4 December 2017
Looking For a New Job? Here Are 5 Tips To Help You With Your Search
Looking For a New Job? Here Are 5 Tips To Help You With Your Search
Searching for jobs is a job in itself. It can be challenging and time consuming but there are ways of making the task a little easier. If you are planning on finding a new job, Sigmar Recruitment has devised a list of top 5 job searching tips to help you in your pursuit of the perfect job. 1. Get Employers to Come to You Uploading your CV online can increase your chances of being seen by employers. Most job searching websites like; Jobs.ie and Monster.ie allow jobseekers to create an online profile using their CV content. This online profile can then be viewed by potential employers and recruiters. There is also an option when you create your account to highlight specific jobs and organisations you’re interested in and receive email notifications when positions become available. This is useful for any jobseeker as it does the hard work for you and allows relevant job vacancies to come directly to you. 2. Update Your LinkedIn Profile The first thing you should do before applying for a job is ensure your LinkedIn profile is up to date with all your relevant work experience. Often employers will search for you online while reviewing your CV. It’s important to make sure your LinkedIn profile is up to date as it could be the reason you get called for an interview. Extra Tip: If you are unemployed and don’t have an issue with making your employment status public, you may want to update your LinkedIn profile headline to something like, “Currently seeking (insert type of role here) in (insert location here)”. This will let others know that you are currently job seeking. 3. Target the Right Companies It’s important to know what type of company you are looking for. This all comes down to your personal preference. Knowing what you want will make it easier. Would you rather be; “a big fish in a little pond” or “a little fish in a big pond”? By eliminating the type of companies you don’t want in your search, you will narrow down the available jobs suited to you. Extra Tip: If you know of a company you think you would like to work for, search for reviews of the company online. Glassdoor.com lets you search millions of reviews of companies that are all posted anonymously by employees. This is a great way to get an honest appraisal of organisations you’re considering applying to or considering accepting an offer for. 4. Network Use the contacts you have to enquire about available jobs and get the word out that you’re looking for a new position. Often jobs can be found through people we know so it’s a good idea to get in touch with any relevant contacts you may have. Building on your current network can also give you an advantage in your job search. Attending conferences and job expos are a great way to network and find out about career opportunities. 5. Keep Positive Finding the perfect job isn’t easy and may take time. As rejections start coming in, it’s important to always try to stay positive. It’s only natural for you to feel deflated when things aren’t going according to plan but try to use the rejection as a motivation to work harder. The right job is out there for you and you will find it if you stay persistent and optimistic. Don’t have the time to job search? If you find yourself not being able to find the time to search for jobs properly, you can contact us in Sigmar Recruitment. You can upload your details and CV to our website, create an online profile and one of our 125 specialist recruitment consultants will contact you to discuss potential job opportunities.
8 Reasons To Quit Your Job in 2018
8 Reasons To Quit Your Job in 2018
Every new year brings the opportunity for new beginnings and a fresh start. If you’re reviewing your current situation and planning your new year’s resolutions, your job could be a great place to start. Considering a new job is a big decision but there are some significant reasons why leaving your current job could be the best choice for you. 1. You no longer enjoy what you do If you’re back in work this week after the new year and you’re miserable already, it may be a good time to start rethinking your current job. On average, the working week is 37 hours and if you don’t enjoy what you do, it’s a long time to spend being unhappy. 2. There is no opportunity to progress in your role Experiencing a glass ceiling in your career can be very demotivating. Working hard every day while being unable to climb a career ladder and achieve your potential can feel very frustrating and it can be especially frustrating if you are seeing other colleagues and friends progressing in their careers. If you’re unable to see an upward career path in your current position, there are two things for you to consider; changing jobs or returning to education to upskill and find work where you can progress. 3. Difficult work environment A difficult work environment can be tough to overcome. Unfortunately, some work cultures don’t always value staff and their morale. If this is the case for you and your work place, the atmosphere can become quite unbearable. If you have tried to speak out about the issue and nothing has changed, a new job in a company with a reputable work environment could be the best move for you. 4. You don’t respect or learn from your manager You don’t always have to look up to your boss but it’s important to respect your superior and feel you can learn from him/her. If the person you take direction from and report to is not someone you have a high regard for, it can make your work life quite difficult. If you feel negatively towards your boss, leaving your job could be what’s best. 5. You aren’t being paid what you are worth Money isn’t everything but when it comes to your job it is very important. It’s crucial to know your worth as an employee and to be valued by the company you work for. If you feel like you are being taken advantage of and your salary is not what it should be, then you may wish to consider a new job that offers a salary more suited to your experience. 6. You’re no longer learning Do you find yourself doing the same thing in work every day? Have you been in the same job for a long period of time and can’t remember the last time you learned something new? Are you bored in work and find every task seems to be more tedious than the last? If you answered yes to any or all of these questions, a new job opportunity could be the best thing for you. It’s important to be challenged in your job to stay motivated. 7. You don’t get along with your colleagues Securing a role that you love may not be enough to remain happy in your job. The saying often goes, “find a job you love and you’ll never have to work a day in your life”. However, not maintaining good relationships with your colleagues can negatively affect how you feel in the workplace. There’s a lot more to job satisfaction than finding the right role. As there is a social aspect to work, it’s important to mix well and get along with the people in your workplace. If this isn’t achievable, it may be time to search for a new job. 8. You’re only staying in your job because you’re scared of change Change can be difficult but it shouldn’t stop you from pursuing something new. If the only reason you haven’t changed jobs is because you’re scared of change, then you should make 2018 the year to take a leap and start a new job. Choosing to leave a job is a very personal decision and there are countless reasons why someone would want a new opportunity. It’s always important to go with your gut though and do what’s right for you. If you are considering changing jobs in 2018, upload your CV and let our 120 specialist recruitment consultants help you to find the job best suited for you.
How To Overcome First Day Nerves
How To Overcome First Day Nerves
You’ve been excited for weeks and the big day is almost here – first day on your new job! But all of a sudden you’re overwhelmed with uncertainty and nerves. Who am I to ask for when I get there? Where do I park? What if I don’t know what to do? What are my teammates names again? What if I’m not good enough? Ahh… where is the bathroom? We all experience first day nerves. It’s to be expected – you want to make the best first impression possible. The better the impression you make the easier it will be to settle in as you rid yourself of nerves. So how do you guarantee a great first day? Simply by being organised. Be early! We’ve all been late to work before and the stress and strain we feel when we are late is not what you need on your first day. Set your alarm 30 minutes early and for your first morning aim to be 15-20 minutes early, this way if you do hit a traffic-jam or miss your bus, you’ve time to spare. Do your research Before you start, learn as much about the company as you can – names of the senior management team, who will be on your team, clients etc. First days on the job are normally overwhelming as you get reams of information thrown at you! Find out as much as possible in advance so you’re not stunned. Get your bearings Come in early or stay late one of your first days to figure out where everything is i.e. where the stationery cupboard or the printer are, can you leave food in the staff kitchen etc. The more comfortable you are with your environment, the sooner you won’t feel as awkward. Don’t be afraid to ask questions No one expects you to know everything on your first day so if you’re unsure of anything, make sure to ask! It’s best to make sure you’re doing things right than finding out later on and having to start all over again. Make Connections Everyone will go out of their way to make you feel welcome on your first day so see this as an opportunity to make connections with your colleagues. Don’t be afraid to introduce yourself to people and try to get to know them. Also be aware of the company culture, is it a sociable company? If it is try and make it out for Friday evening drinks, often this can be one of the best environments to get to know your colleagues. Finally while you may feel like the newbie now, in a few weeks time it will be like you’ve always been there.
5 Ways To Control Your Inbox
5 Ways To Control Your Inbox
We get a lot of emails. A LOT. Probably more than we can handle. And smartphones haven’t helped with constant access to your emails, along with social media apps sending you a notification every time someone even thinks about you. So rather than moaning about the number of emails you have, why not re-evaluate your email habits and see what changes you can make. Here are some tips we’ve put together to give you a helping hand. 1. Unsubscribe Email subscriptions is one of the biggest causes of unwanted emails so take a little time out to start unsubscribing. You’d be amazed at the amount of things you may have signed up to months or even years ago that you just automatically delete without thinking about it e.g. Google alerts, online shopping offers, group alerts from LinkedIn. Just think, is it something you absolutely HAVE to be notified about? Will the world end if you catch up on those offers in your own time, by actually logging in to the website and having a look for yourself? Probably not. 2. Send less emails It seems obvious but sometimes you don’t need to reply to every email. Responding leads to responses so just assume the other person doesn’t want as many emails in their inbox as well and you may notice things slowing down. This doesn’t mean you have to be rude; perhaps pick up the phone? You can say things far more effectively and save time by having a two minute call rather than a 20 email conversation. Besides, with email and chat taking over, a little social interaction is long overdue. 3. Chat A big part of email issues can be being included on email trails between colleagues that have no real bearing on the work day. Office chat and banter is great for morale but not great for productivity. It may be a good idea to remove yourself from group emails and avoid being overloaded by office spam. Management often see this sort of spam as negative for business and reflects badly on you so be selective in how many group emails you are involved in. 4. CC Folder A great trick is to create a folder where any email you have been cc’d on goes in to a separate folder, which you can view when you have the time. Let people know you’re doing this though so as to ensure you’re not missing important emails or deadlines. It will make a huge difference to your inbox and your workload. And also, don’t cc people who don’t have a real interest or bearing on the topic. Put yourself in their shoes – I’m sure they are also sick of being cc’d on emails. 5. Don’t delete Lastly, deleting emails is the most effective way of clearing your inbox but when you’re trying to find something from 2 months ago usually the easiest thing to do is ask whomever sent it to you to re-send right? Wrong. You now have that email twice, for no good reason. Start saving emails in folders. Not just in your inbox but on your hard drive.
10 Ways To Be A Superhero At Work (Infographic)
10 Ways To Be A Superhero At Work (Infographic)
Check out 10 ways you can become a superhero at work and become the employee that your employer really wants to hold on to! Being a superhero employee isn’t about becoming the “perfect” employee and you don’t need to develop extra special powers to achieve this. It’s about using your initiative and working diligently.
Considering A Career As A Building Services Engineer?
Considering A Career As A Building Services Engineer?
Working as a Mechanical & Electrical Engineering Recruitment Consultant I’m very interested in educating people on a career in the building services industry. I’ve been recruiting in the industry for nearly three years and have noticed a significant drop in the amount of Building Services graduates entering into the workforce. M&E Engineering firms are constantly calling looking for assistance in filling positions they can’t seem to fill themselves. A career in Building Services can be very challenging and rewarding with several different types of positions available in the industry. It combines a flair for design and problem solving along with dynamic working environments in Ireland and abroad. According to the CAO, points for a place in Building Services have been relatively low over the last few years which is surprising given the job opportunities. What is Building Services? Building Services Engineers are responsible for designing and installing energy systems in buildings. These systems include heating, ventilation and air conditioning (HVAC), refrigeration, water supply, fire protection, power, lighting and data communication systems. They work alongside architects and other engineering disciplines to design, develop and manage new technologies that impact the economy, utility, durability, and comfort of buildings. Working in Building Services Building Services Engineers can either work on the consultancy (design) side or the contractor (installation / commissioning) side of the industry. Both require knowledge of Building Services but are different in terms of day-to-day activities. Working for the Consultant – Design, Flair & Problem solving. Meeting with Clients. Tender / Concept design. Research new designs, technologies, and construction methods. Design calculations. Layout designs / drawings. Simulations. Working for the Contractor – Dynamic, Hands on, Commercial. Installation of M&E services. Commissioning of M&E services Interpret technical drawings and schematics. Environmental, Health and Safety on site. Provide feedback to design engineers on Client problems. Quality assurance. Careers & Opportunities Working as a Building Services Engineer there are several areas one can specialise in ranging from Residential / Commercial projects such as apartment complexes, offices and retail units to large Industrial / Pharmaceutical projects such as food processing plants, power stations and manufacturing facilities. As well as these projects happening in Ireland, there are plenty of opportunities in the UK, Europe, the Middle East and also Africa. Projects in the Commercial sector use conventional HVAC systems however above is a photo of the mechanical services in a Pharmaceutical plant. Plants like this have a higher demand for air, water, steam and other hazardous materials hence the larger and more specialised equipment. Salary Information Position Salary (1 – 2 years) € Salary (2 – 5 years) € Salary (5 years plus) € CAD Technician 25 – 27 27 – 30 30+ BIM Modeller 25 – 27 30 – 35 35+ Revit MEP Modeller 27 – 30 30 – 40 40+ Mechanical Design Engineer 25 – 28 35 – 45 50+ Electrical Design Engineer 25 – 28 35 – 45 50+ Mechanical Project Engineer 25 – 28 35 – 45 60+ Electrical Project Engineer 25 – 28 35 – 45 60+ Mechanical Project Manager N/A 40 – 60 70+ Electrical Project Manager N/A 40 – 60 70+ Software Building Services has come along way over the years in terms of the software used by engineers. Building Information Modelling (BIM) is the most talked about / required package in the industry with it being used by both consultancies and contractors. It describes the process of designing a building collaboratively using a system of computer models rather than separate sets of drawings, this helps reduce the risk of errors through integrated design, engineering and fabrication workflows. Below is an image of how a coordination issue between the structural engineers and HVAC engineers was resolved long before the construction phase began, saving precious time, manpower and money. Before BIM, this issue may only have been spotted when the mechanical services were being installed and this issue would have been sent back to the consultants to reroute the services. Most companies nowadays will have BIM as a requirement on their job specifications however, if you have never used it before there are several types of courses available to do. Other software used in Building Services includes: Revit MEP IES Navisworks AutoCAD Dialux Hevacomp Having worked on very exciting roles with extremely innovative and dynamic companies, I find it hard to believe that there is not more of an interest in Building Services as a career. If you see yourself as someone with a flair for design, an interest in energy systems and good at problem solving then why not give me a call to discuss the first / next step in your career.