Speaking with many Qualified members in the last month I have noted a common theme that is one of sudden confusion. Many recent qualifiers find themselves in the position where they have just burned the books, finishing their contract and are immediately available to start a new job. You are trying to decide between going to Australia for a year, staying with your training practice for another six months or trying to find a job out in the wider world of FS and the industry.
It's a lot to take in. It's a lot to try and figure out very quickly! Sometimes you can feel overwhelmed and feel like you have to make all these big decisions very quickly. That's certainly not the case in the current market which is very buoyant you are in the driving seat as a newly qualified or a recent qual' and you also hold the top business qualification in the country so don't feel rushed. Don’t feel paralyzed by the expanse of choice and multiple decisions to consider. As a tip, sometimes a ‘short term contract’ can be a clever option to allow you to tread water while you figure yourself out.
Many newly qualified ACA’s don't know what they're supposed to do next! You always knew you had to go to college and then going into accountancy was probably the obvious next step but now as your contract ends you find yourself in unchartered territory with far broader options and a whole new landscape. All I can say is that you are at the start of a whole new exciting career-build with Irelands top professional brand in your back pocket.
For me, the journey starts with ‘self analysis’. You need to sit down, brainstorm, mind map and SWOT analyze yourself. Get a few mentors to help you understand what you're good at and what you enjoy with regards to work and career and then you can assess your next steps based on those elements. I would advise setting up a spreadsheet as a hub to record all of your research, all of your market mapping and all of your target employer details and treat it as an exciting project.
When it comes to building a career, nobody has a crystal ball. Your job is a big slice of the ‘pie chart of life’ and you do have to take a leap of faith with any new job decision. However just be brave. It’s a long journey to retirement at 65! This is only your first baby step into a professional career and you are allowed a misstep. You should be mindful that you're building a path, however, and that each decision to start a new contract or permanent job is a paragraph on your CV leading to the ultimate vision for your career. So, do have some sort of a five year plan in mind, a 10 year plan even! You may have to pivot and alter course along the way as life dictates but that's part of the fun.
If I've learned anything as an ACA recruiter in the last 15 years it's that employers hire ‘the person’, ‘the energy’, ‘the individual’, ‘the communicator’, ‘the leader’, not just the accountant, so make sure you are developing your life skills, your communication skills, your leadership skills, and growing as a person as much as anything else. Enjoy the journey and as always get in touch with your Careers Team and / or your Thrive team as needed in 2024.
Dave Riordan (ACA) - Recruitment Specialist & Career Coach | Careers Team – Chartered Accountants Ireland dave.riordan@charteredaccountants.ie
LOADING...