When navigating the transition from trainee to qualified accountant, there are a few things you can do to make it easier for yourself. Tanya Thomas explains how
In the last few years, you were accepted into a training contract and have lived an extended life as a student while also working full-time. It has been busy as you balanced study with work AND a social life.
You are almost at the finishing line—the end is in sight. The big questions are: what is next and how will you achieve it?
We talk to newly qualified accountants daily, and our conversations vary dramatically. Some are 100 percent certain about what their first role will be out of contract, others are still working it out, and there is a continuum of people in the middle.
One thing is for sure: while you are completing your training contract, there are things that you can do to make your transition into life as a qualified accountant easier.
Step 1: Remain aware
During your time in practice, it’s crucial to stay proactive and adaptable. Keep your senses sharp – ask questions and be curious.
Initially, you might be assigned to a specific industry group, but remember, this doesn’t have to be your niche for the entire contract. If you feel another client or industry group might suit you better, don’t hesitate to discuss it with your manager. They might be open to accommodating a change.
Remember: if you don’t ask, you won’t get.
Step 2: Get to know your colleagues
Try to maintain a balance between work, study and getting to know colleagues and your broader circle.
Many practices treat trainees to generous nights out. Make the most of these—go out, let your hair down, and find friends. Often, these will become lifelong friendships.
Step 3: Move your body
Stay active during your training contract. Make time for exercise. This could be at the gym, a team sport, or yoga. Whatever you choose, own it and enjoy it. You need to be active to remain healthy and relieve stress.
Step 4: Present your best self
When you begin your job search after qualification, you will be asked to demonstrate:
- what types of accounting roles you want. You may not know 100 percent which direction to take, but some initial ideas will make the world of difference as you commence your search.
- you know what types of industries interest you. It is important to be able to talk about your preferred industries, as each industry has its own nuances.
- you can build rapport with managers and partners in an authentic and honest manner. They all started in the same position you are in now and should be able to understand/empathise with your journey. Ask questions, ask for advice, ask about their weekend, and listen to their answers.
- you have interests and passions outside of accountancy. Chatting about these passions in your interview will bring you and your CV to life.
- your awareness of what is happening in the world. Subscribe to a variety of newspapers and read them daily.
- your evolution and growth. Your LinkedIn profile should not be static – it should reflect you. Make it professional and warm. Make sure the photo does you justice. A smile is always important.
- you’re always working on your CV. Keep a file of the work that you have been doing – both everyday tasks and special projects. When it comes time to complete your CV, you may find that it is hard to remember all the elements. By keeping a continuous record, you should not have problems completing your CV with relevant and interesting content.
- that you can upskill. The world is changing, and with the arrival of artificial intelligence and data analysis, required skills are changing. Make sure that you are not only aware of this, but that you are also enrolling in as many relevant courses as you can.
There are lots of ways to prepare for that time when you finally qualify as a Chartered Accountant, but start your preparation while you are training and not the day of your final exam. I promise this preparation will be reflected in your first salary out of contract.
Tanya Thomas is a Director at A+F Recruitment
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