by Martin Parr | 9 November 2018
This Saturday 10 November 2018 is International Accounting Day, a date celebrating when Venetian mathematician Luca Bartolomeo de Pacioli published an in-depth look at bookkeeping practices. Today the accountancy sector is huge, and is an integral part of most businesses across the globe. However, despite the size of the sector we are still constantly on the lookout for high-calibre, qualified accountants to take key positions across the UK. In this blog I take a look at what I think are the top ten benefits of becoming an accountant and why people should really consider it as a legitimate career move.
- Excellent development and career prospects: you will get out what you put in while working in finance. If you are career driven, hardworking and focused the world really is your oyster. The training on offer and the opportunities to learn new skills and develop both personally and professionally in this sector are second to none and hard work always pays off.
- A better than average salary: accountants can work in high pressure environments, and the salary often reflects this. Accountants in the UK can earn anything from £25,000 as a gradate entering the profession to over £100,000 as an experience chartered accountant. There are also opportunities to earn upwards of £500 per day as an interim contractor, making it a very well paid profession for candidates that are willing to work hard.
- Job Security: businesses will always need accountants, so overall accounting is a very stable industry to work in, and while no field can guarantee anyone a job, the prospects in accounting are excellent and are likely to stay that way.
- Variety of the role: as an accountant you will be able to work in almost any industry, so the variety and choice within the role is excellent. You will also work with a range of people across the business you are in, giving the role variety and making each day different and interesting.
- Variety of roles available: as an accountant you will also enjoy access to a vast number of different roles on a permanent, contract and interim basis. This gives candidates in the Finance & Accountancy sector a much greater chance of securing work, and if you are flexible with what you want you will likely be able to secure a role you want with relative ease. Role that you could get into include audit, reporting, business partnering and commercial an analysis.
- Ability to make real change: Today’s finance professionals do much more than just crunch numbers. Accountants are often required to have technical abilities coupled with a commercial acumen that enables them to advise decision makers on strategy and business processes. This makes the role of an accountant incredibly varied, challenging and often very exciting.
- Technology and the ever changing environment: technology is changing the way finance leaders run their teams and how they conduct business. As a result, more finance leaders are investing in digitisation of the finance function, opening up opportunities to gain efficiencies and analyse trends. This again means varied career paths as professionals who are tech-savvy have an opportunity to excel, and trained accountants will be at the forefront of exciting business change.
- You will gain transferable skills: the skills you will learn and develop as an accountant are easily transferable to other roles and even sectors. For example, accountants could go into teaching, trading or recruiting, so if you ever want a change of scenery you will have plenty of other options to choose from. Many accountants also become business leaders in their own right, securing Managing Director roles and setting up their own businesses.
- You have the option to travel: with qualifications like CIMA, ACA and ACCA, you can work in more than 120 countries. Giving you the ability to travel with work and pleasure. This is especially advantageous as you might end up working with a big firm with multiple offices in different countries.
- No need for a university education: you don’t need a degree to become an accountant. Having an accountancy degree can enable you to skip a few exams on the way to full qualification, but generally it will not matter whether or not you have been to university.
I believe becoming an accountant is a clever career move for anyone that is ambitious and focussed. I have seen so many candidates progress through the ranks relatively quickly within finance. It is a sector that is constantly growing, and I firmly believe that the role of an accountant will always be needed.
For more information on how you could get on the accountancy career ladder get in touch with me by emailing email@example.com. Alternatively, you can check out our latest accountancy roles here.