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Getting a Graduate Job in Accounting
If you think you’re fluent in the “language of businesses”, or accounting, and are looking for a graduate job in the industry, here are some tips to get you started.
Regardless of the size of the company, accountants play a vital role, whether by working in firms that service external clients, or by being part of the finance department of either a commercial or public sector organisation.
A career in accountancy will suit you well if you’re keen on helping businesses make sound economic decisions through the monitoring and reporting of their finances. To that end, you’ll need to be adept at accumulating the necessary information for enterprises to decide on how to effectively manage finances and plan for the future.
On the other hand, a career in financial management will involve the strategic planning and management of a venture’s funds to facilitate efficient operations. Essentially, you’ll be assisting the company direct the flow of its finances to achieving their objectives.
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Skills you’ll need
Besides numeracy and analytical skills, accountants need to have excellent communication and interpersonal skills to effectively convey reports and act in the capacity of a business advisor. Good time management and organisational skills will help you through busy peak periods as well.
Commercial awareness will also give you a good point of reference when dealing with your clients. And as in all other industries, individuals who’re capable of working in teams, show initiative and demonstrate self-motivation are coveted among recruiters.
At some stage in the process, you may be asked to complete various tests ranging from those that evaluate your general ability and numeric and verbal reasoning assessments, to aptitude quizzes, or even personality tests. Further interviews might follow as employers continue sifting through potential candidates.
Many organisations accept applications year round, but it’s always worth checking with individual employers – a few do specify early closing dates or advise early applications.
Moreover, before applying for a position, remember that completing an internship will help you get a better idea of whether a career in accounting or financial management will play to your strengths.
How do I get the job?
The most common route to becoming a qualified accountant is to apply for a graduate programme with an accountancy firm. Public and private institutions also recruit graduates for accountancy roles in their finance departments.
Several factors will affect your decision on where you should apply, but one of the most important criteria when choosing a programme or organisation is whether or not it offers you the opportunity to undertake courses that will help you qualify as a CA in Singapore.
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The application process
Depending on the company, recruiters will either provide online application forms or request personalised resumes and cover letters for the preliminary selection process. An invitation for an interview will follow if you successfully stand out.
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What’s working life like?
In an accountancy firm, you can expect to spend a substantial amount of time out of the office visiting and auditing clients on-site. Working in finance departments in commercial or public establishments also involve playing an integral role in the company.
In both instances, there may be off-peak and peak periods – the latter meaning a heightened level of pressure during busier times such as financial quarterlies and closing of accounts at the end of each year. Such periods aside, however, accountants generally enjoy a reasonable work-life balance.