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You’ve put in those years of studying and writing exams. Now the time has finally come. You are about to get your accounting designation. For many accountants in this position, you’ve spent so much time working toward getting your CA, CGA, CMA, or CPA that you haven’t really thought a lot about what comes next.
Where do you go from here? Do you want to work in public accounting? What about corporate accounting? Your next move can have a big impact on your career moving forward.
If you continue to enjoy crunching numbers and working with financial statements on a daily basis, then you should have no problem finding a suitable career path. However, there are many professionals who, upon receiving their designation, take a step back and question their next step. Many people get burned out working long hours and studying for designation exams.
We’ve put together three career paths worth considering once you’ve been designated and become a full-fledged member of the accounting profession:
Working on projecting what may happen next year instead of what happened last year is a nice change for many professionals. Being able to use your expertise to create financial models, performing analysis, and creating budgets is attractive to many newly designated accounting professionals. However, the one drawback of this career is there are fewer opportunities, making these positions highly competitive.
These positions are commonly available in large corporations such as banks. This allows you to get into a big company and helps you get your bearings in the industry. These positions also provide you with the opportunity to learn the operations side of things, opening the door for a number of career paths in the future.
This is a popular career option for accountants. While the actual job may vary from company to company, you’ll spend your time performing external financial reports for stakeholders. If you like the more technical side of accounting, this is a career path worth considering.
Still not sure which accounting career path is best for you? Check out these blog posts by our finance and accounting recruiters about the pros and cons of working in public and private accounting:
IQ PARTNERS is an Executive Search & Recruitment firm supporting clients across the country. We help companies hire better, hire less & retain more. We have specialist teams of recruiters in Technology (IT), Accounting and Finance, Consumer Goods, eCommerce and Retail, Financial Services and Insurance, Startup, B2B and Industrial, Operations and HR, Professional Services and Legal, Media, Digital and Marketing, Pharmaceutical and Life Sciences, Emerging Technology and Telecom, and Sales. IQ PARTNERS has its head office in Toronto and operates internationally via Aravati Global Search Network. Click here to view current job openings and to register with us.
Stephen is a Partner and Practice Lead in the Accounting and Finance group. In 2011 Stephen purchased The London Group, and over the next several years built a small team and became a go-to recruiter for several mid-sized accounting firms. In 2016 the London Group merged with IQ PARTNERS, allowing Stephen to grow his accounting and finance recruitment practice under the umbrella of IQ PARTNERS.