Achieving your career aspirations – top tips for newly qualified professionals
Now that you've finally qualified, you may be wondering what's next. Sophie Randles, Head of Practice at Rutherford Cross, shares her top tips for newly-qualified professionals.
The effort and determination required to become a qualified chartered accountant are considerable, and newly-qualified professionals should be congratulated on their achievements. However, the reality is that for these newly-qualified accountants, the hard work is far from over.
Many of those who get into the accountancy profession do so with clear career ambitions; to make partner at one of the accountancy firms, or land the role of CFO for a SME or global business, perhaps. What is sometimes not so clear is exactly how to get there.
Put simply, think strategically about your career goals. Researching the career paths of others who have gone before, building professional networks, and working to understand what a business needs from its future finance leaders. At Rutherford Cross, we work closely with accountancy firms and businesses to help them source their ideal candidates. As such, we are privileged to have a good understanding of what these business need, and too, what skills the accountants of the future need to be successful.
Below we discuss some of the key things accountants can do throughout their careers to ensure that they are on track to achieve their career aspirations.
Define your goal
Success requires focus, and focus requires a set goal. The earlier in your career you can define what success looks like for you, the more likely you are to achieve it. Once you have done your research and defined your goal, understand that achieving it will require hard work and an element of sacrifice.
Put simply, think strategically about your career goals. Sophie Randles, Rutherford Cross
Take time to reflect on this, and build in time to do so as you progress in your career, ensuring that the goal you set yourself at the beginning still motivates and inspires you.
Work with a mentor
Having a mentor who can advise and assure you as you work your way up the career ladder is invaluable. Your mentor may be your manager, a more experienced colleague, or someone you connect with via a course such as the ICAS Career Mentoring Programme. This virtual programme matches mentees and mentors from a global network of CAs, based on their experience and requirements.
Your mentor can share their own experiences, support you to fill your skill gaps and advise you on decisions that will impact on your future career.
Also, don’t overlook building a trusted relationship with a selected specialist finance recruiter. They will be constantly interacting with professionals who you are aspiring to emulate and understand how successful careers build and develop. As a minimum, they should provide a good sounding board on live market trends and career options.
Building a strong network of peers, senior colleagues, and advisors can be hugely beneficial to your career progression. Sharing experiences and challenges can help you shape your career journey, and may also open doors to new career opportunities. The networks available via professional accounting bodies such as ICAS are amongst the strongest in the world and newly-qualified accountants should make the most of them by attending relevant events and staying abreast of global industry news and opportunities.
As touched upon earlier, advisors, such as specialist recruiters, can give you an insight into what others have done in order to achieve their goals, we also can help widen your peer network. Rutherford Cross hosts regular ‘Planning Your Career Journey’ events, both in Edinburgh and Glasgow, an event created to educate and provide a forum whereby you can network amongst peers and learn from some of the most successful finance professionals in Scotland.
Be open to opportunity
The path you think leads straight to the top may not be the one that ends up getting you to your goal. There are many ambitious professionals out there set on climbing to the top, so start thinking about how you can differentiate yourself and build your personal brand.
Initially, positioning yourself as ‘front of mind’ with your managers through volunteering for projects and going beyond expectations can lead to promotion and recognition. However, showing your commitment and expanding your experience by taking secondments with different teams across your business, or taking an international posting can really give your career a boost.
Taking a ‘sideways step’ into another function or business can seem like a distraction from your end goal, but in reality it could help to make you a more rounded and experienced professional.
Contact Sophie Randles from Rutherford Cross for further advice or a discussion on opportunities available in the Scottish market
This blog is one of a series of articles from our commercial partners.
The views expressed are those of the author and not necessarily those of ICAS.