graduate jobs in Accountancy

Graduate Jobs in Accountancy

How is a degree in Accountancy useful?

Finance is the crux of business, the working environment and arguably even the world. Because of this fundamentality, a career in accountancy and/or finance can prove to be a highly satisfactory and well paid career path but a hard one that asks for a lot.

To step foot in this career and degree in Accountancy and Finance is not essential, however it is somewhat of a shortcut that makes entering easier and quicker. The reason for this is that if you do not have a degree in the subject and took on the role such as a Trainee Accountant you would be put on a conversion course whilst working at the company. But if you already have a finance or accountancy related degree this wouldn't be necessary and instead of a two year training scheme you get fast-tracked. Obviously this is beneficial to both you and employers because they don't have to pay out for your course.

What can I expect to be doing as a Accountancy graduate?

Initially, you will be taken under the wing, shown the ropes and given a few accounts to look after. As you gain experience and progress you will be given more and more responisbility, working your way up the ladder within the organisation or using your experience to find employment elsewhere.

Career Progression

Accountancy and finance careers are fairly static in terms of what you do everyday in the office. What changes is the scale, the numbers you oversee and the importance of this work. So you have to build up a sense of reliability with your employer so that they can trust you with grander jobs and thus give you a promotion.

These career paths do also involve the potential of being the head of a department at some point so make sure you demonstrate the ability good management skills from an early stage - and that means self-management, of time, tasks, etc., you don't want to be bossing people about as soon as you get a graduate job!

The Challenges

Many graduates find the hours to be a bit of a shock to the system, especially if you are on a training scheme. This is due to the extra hours that are often expected. Long days come from completing a days work and then staying afterwards for tuition. Lectures at weekends are often part of the initial schedule in the first two years.

However, if you have your heart set on a career in accountancy and finance a bit of free time should be an easy sacrifice to make. Also be prepared for stiff (but healthy) competition in the workplace.

Expected Salary

Initially you can expect to earn around £18,000-£22,000 and after a few years a promotion with a wage increase. The latter end of the career ladder is in the decent £40k to £60k figures.

by Mark Towers graduate-jobs.com

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