How to stand out in your first accounting job

Adam Munro, Associate Portfolio Director at AJ Chambers shares tips and insights for trainee accountants looking to stand out. Adam heads up client relationships in London for Audit & Accounts, with a focus towards Top 10 to Top 60 firms. With over 11 years’ experience, he has built relationships with London’s most prominent companies and assisted hundreds of trained accountants with their career.

What common mistakes do trainee accountants make when they start their first job?

Lack of research is the most common mistake for new accountants. There are numerous routes within the industry and many neglect conducting a thorough research into what they actually want to do with their career and what they enjoy. If you are unsure, starting in a smaller firm could be ideal as it will allow you to get more exposure into different areas and help you figure out what you want to do. It is incredibly important to do this research to help you choose the best firm for you. There is plenty of good content out there to help you decide which route within accountancy is best suited for you. I recommend looking at AAT, ACCA/ACA,CIMA, and training providers.

What makes a trainee accountant stand out for significant opportunities within their first few years?

Always be present and be willing to take on things that maybe aren’t in your job description today but will be later. This demonstrates to your managers that you’re hungry to take on that work. Try to be seen and be more available by getting involved in various activities that a firm does, such as social events. For instance, if you are passionate about diversity and inclusion, then join relevant initiatives/groups within the firm. By getting involved in these initiatives, you can build a network and elevate your status in the business.

How important is it for an entry-level accountant to build a professional network, and what are some effective strategies?

Firstly, you need to know what kind of network you want to attract, which you can build on LinkedIn by creating a content strategy around your desired network.Try to focus on something you are passionate about and engaged in. I have seen trainees, early on in their career, confidently post about what society they are part of and how they are leading it.By doing this,you will be in a position where you are more likely to be seen.

It’s all about building your professional network early on in your career. You don’t have to wait until you’re a partner or a manager. In addition to LinkedIn, new accountants should utilise their firm’s network by putting their name down for any networking opportunities. Even if the firm doesn’t take trainee accountants to these events, by showing initiative and asking, they will start considering this for the future. Therefore,when the opportunity comes again, they will be more inclined to take the individual who previously showed interest.

How do you suggest a trainee accountant approach seeking feedback and mentorship in their first job to ensure they are on the right track?

This depends on the firm, some are well-equipped with an established process to give their trainees feedback and some unfortunately aren’t. Ultimately don’t wait for appraisals. I suggest asking for feedback from your manager and relevant stakeholders each time to complete a new project or a significant piece of work. Providing an opportunity to highlight and get support in areas you are struggling with, will assist your development and progression.

What can new accountants do, while studying, to work towards their post qualification goals?

Whilst studying, if you realise there is a particular area in the business you are interested in, I would encourage you to highlight this in your appraisals and request any ad hoc work to gain exposure. Asking for exposure before you are qualified will help you to gain experience and start building your portfolio in the desired area.Don’t wait until you are qualified to do this, you will only delay the chance from materialising.

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