Climbing the ranks – what to look for in your next accounting role?

When looking for your next job in accounting, you’re likely to be better informed than the first time. From a clear list of non-negotiables to red flags to steer clear of, you’ll have sufficient industry knowledge and on-the-job experience to set clear expectations.

David Tattersall, Head of Client Relations at Handpicked Accountants compiled a checklist of key questions to help navigate the search for your next accounting role.

A checklist for your next job in accounting

While the day-to-day responsibilities and opportunities for job progression will contribute to your decision, the organisation’s values and vision will also play a predominant part in your decision-making process.

We round up a checklist of key areas to consider when searching for your next accounting role.

Technological standards – Most accounting trades depend on industry-standard software to uphold high standards of efficiency, so the technological standards of the business and their receptiveness to new technology and modernisation will contribute to the appeal of the role.

Professional development – Accounting and finance is an open-ended profession that provides infinite room for growth. A range of qualifications are available to feed professional development, enter a dedicated field, or specialise in a particular area. From entry-level qualifications to advanced career opportunities, the possibilities are endless. Professional qualifications demonstrate commitment and increase credibility which can open the road to new career opportunities.

What study and funding support is available from the employer and what professional qualifications/training is covered? Cast your eye over study contract terms, including repayment obligations.

Job progression – While job progression is often part and parcel as you gain more experience and technical expertise, what does this mean in practice? With hopes to take on more responsibility and step up in seniority, can arrangements be made to accommodate this?

Whether you wish to eventually become a manager or lead a team, check that progression is achievable and can be funded. Long-term progression must also be considered to fuel ambition and provide a financial incentive.

Role flexibility – Flexibility in the workplace has become commonplace since the coronavirus pandemic. While more employers provide flexible working arrangements, what does this mean for the split between home and office working? What will work best for you?

Technical expertise – While the role may consist of working with a range of clients, consider the service lines on offer and the specialities of the business as this can determine the type of workload you’ll handle and the technical expertise you’ll need to apply to the role. If you wish to specialise in a particular field, such as tax or audit, you’ll want to ensure that the role is tailored to this.

Internal processes – What methodology is followed to carry out most tasks that you will work on, such as accounts preparation? This provides a window into company operations and answers whether the business operates in a modern and efficient manner.

Accounting standards – Accounting standards indicate the size and complexity of clients and can provide insight into the type of challenges in store. While clients change over time due to natural turnover, it’s important to understand the type of clients the business frequently serves.

With progression as your lead drive, it’s crucial to stay grounded and secure a role that feeds career advancement. While this checklist can help you stay focused throughout your job search, additional factors, such as salary, employee benefits, location and reputation will also contribute to your decision.

Interested in advancing your career?

Have a look at our range of accounting courses, all designed to get you ahead with the right skills and knowledge to advance. And try them all for free for seven days to make sure they’re right for you.