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Advice for permanent professionals

Making your next career move

Deciding on your next finance role can sometimes be a daunting task. Before beginning your job search, there are a number of factors to consider in order to ensure that you are on the right track to make the best career move for you.
By asking these questions, it will help you to assess what you want from you next finance role:
  • What makes me happy or unhappy about my current role?
  • What do I want from my next role?
  • What is my preferred management style?
  • What motivates me?
  • Where do I want to be in a year’s time?
  • What kind of working environment do I prefer?
If you think a career change could benefit you, three key areas you should consider to help you prepare are:


Research to understand what employers want

You would likely have a certain set of expectations in your previous role, which will be different for your new opportunity. Do lots of research to get insight and understanding into what may be expected:
  • Read job descriptions; browse job boards such as GAAPWeb and Total Jobs to get insight into what your day-to-day might look like
  • Read LinkedIn profiles of others in your industry to see the terminology they use and training they have undertaken
  • Speak to associates that are in the field to discover what a daily schedule looks like

 


Don’t go it alone

Find people who can help you on your journey and network with them to discover mutual benefits. Networking is often perceived as a negative word but the premise is that you are making beneficial connections that could serve you down the line, and vice versa.
  • Get involved with LinkedIn groups, and join the conversation to make yourself known
  • Look into community or interest groups in your area, such as those on Meetup.com, where you could meet people in the position to help or advise you on your journey
The more you are around like-minded people, the more likely you will find solutions and opportunities easier and faster. Having a strong network will help you cope with changes positively, and know what to do in an unfamiliar role or industry.



Ensure your online brand is relevant

The majority of recruiters and employers use social media platforms such as LinkedIn and Twitter to assess potential candidates before inviting them in for an interview. Ensure your social presence is optimised and reflects the industry or role you’d like to move into, to increase your change of success.
  • Use terminology from your desired industry or role where possible, to ensure you’re utilising the same, or similar, language
  • Post content and thought-leadership articles from your desired field to indicate your knowledge of the sector to potential employers
  • Make sure you’re on LinkedIn, and don’t be afraid of connecting with people you’ve only had a brief encounter with – opportunities will present themselves further down the line

Once you’ve made the first step – joined that group, scheduled that coffee meeting, updated your LinkedIn profile, you’ve made a commitment and the momentum will carry you further into your transition.


Glossary

Perhaps you've come across finance terms or phrases that you're not sure about it? Use our glossary to guide you through easy-to-understand explanations of words and phrases relate to the world of finance:

  • ACA: Associate of the Institute of Chartered Accountants, a qualification that gives you the opportunity to study whilst in full-time employment
  • ACCA: Association of Chartered Certified Accountants, a global professional body offering recognised qualifications
  • AAT: Association of Accounting Technicians, a technician level qualification
  • CIMA: Chartered Institute of Management Accountants, a recognised qualification for Management Accountants
  • Big 4: KPMG, P&G, Ernst & Young, and Deloitte
  • QBE: Qualified by Experience
  • IPO: Also known as Flotation – the first offering of a company’s shares to the public
  • SSAP: Statement of Standard Accountant Practice – UK Accounting Standards
  • Sarbanes Oxley: Legislations enacted in response to events within the sector; defines which records should be stored and for how long.


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