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career advice after 2 years after graduation, no experience Watch

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    Hi everyone, First of all thanks for viewing this post.

    I have graduated with 2.1 degree in Accountancy in June 2015, and around December 2015. I have always wanted to work in practice and become qualified. I was not very successful in securing a position in a practice environment so I managed to secure a management accountancy position with a food manufacturing company where I did product costings, (no bookkeeping or accounts at all).

    After 9 months of working this place, I was burnout because of too much stress and decided to quit without securing a position as it was mentally effecting me too much. There was no work life balance and I had to move to a small town for the job, plus this was not the ideal job for me since I wanted to get in to practice. After taking two months off, and then searching positions for months,from September to December I decided to move to somewhere bigger just to increase my chances of getting employed and basically took the easiest job to get in, a call center job in December 2016 to pay for my bills. Since starting working, I have looked out for opportunities and attended a couple of interviews.

    The struggle I have been through was that the market is very competitive and I had lack of experience in the field that I wanted to work in. Most of the companies I heard back was from manufacturing companies which I never ever want to go back to. The additional complication is that I am a foreigner in UK, so there is a little bit language limitation and I do not have a family to stay with, so I had to cover for my bills.

    Finally, I stopped being that much persistent and idealist to secure a position in practice and managed to secure a position as a graduate accountant with training support in a car sales company. The big plus for me is that I will be able to finish my accountancy qualification (I had 9 exemptions) and tick the practical experience requirements in a 3 year training contract. Do you guys think that I should keep looking out for practice jobs while working there? What are my chances of moving to practice after working there or while working there? I am getting a little lost since what I really want is different than what I will be doing. But this job will give me some experience which I lack as well... It has been 2 years since I have graduated and I am thinking it is getting too late for me. On the other side this job will be obviously better than a call center job as at least it is something relevant.

    Please leave your opinion. Thanks!
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    Hi

    What are your reasons for wanting to work in practice rather than industry? And by practice so you mean a big audit firm or anywhere - including small accounts prep and payroll type firms?

    I think the answer to this would determine your route. One thing to check is why you are struggling to find the work you are looking for. Are there minimum requirements or entry tests you are not succeeding with? Have you been getting interviews?

    In general I'd say that if you look for a few months and don't get close:

    - you need to consider your approach - the employment market is pretty hot at the moment
    - think of other routes.

    With only a few exams to sit you may be better taking any reasonable job for a couple of years and then reconsidering.
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    (Original post by ajj2000)
    Hi

    What are your reasons for wanting to work in practice rather than industry? And by practice so you mean a big audit firm or anywhere - including small accounts prep and payroll type firms?

    I think the answer to this would determine your route. One thing to check is why you are struggling to find the work you are looking for. Are there minimum requirements or entry tests you are not succeeding with? Have you been getting interviews?

    In general I'd say that if you look for a few months and don't get close:

    - you need to consider your approach - the employment market is pretty hot at the moment
    - think of other routes.

    With only a few exams to sit you may be better taking any reasonable job for a couple of years and then reconsidering.

    Thanks for your reply.

    What I mean by practice could be a small company to start with. (There is more to learn with the small ones I believe).. Big4 is not easy to get in, I have applied maaany times..... I feel that in practice I will get more experience from various industries and know bits from each sector the company provide services for. Where as in industry, you get to know the industry in and out and specialise. (I am feeling that I can get easily bored )


    The reason I am not getting interviews or not being offered positions in practice is because I do not have bookkeeping experience.

    What makes sense is; finish my ACCA, get qualified with any company and then reconsider what can I do. Obviously if I am good on the CV, practice companies might consider me as well.
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    I'm sure you will be far better placed with a year or so of additional experience and passing some of the P level exams - well done with the job. Unfortunately studying in your own time is pretty tough. I guess especially so if you are away from family.

    Which country are you from and which language(s) do you speak? There are some pretty interesting roles for people with languages to offer.


    I have a pretty low opinion of small accounting firms for what its worth. They can be great if you aspire to run your own business, but they seem to thrive on people paid low salaries on some kind of promise of amazing training/ future prospects and pay rises which never happen. I recruit at the PQ/ NQ level and am pretty shocked at how little people gain in pay and experience compared with those in industry or larger firms.
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    (Original post by cjmus)
    Hi everyone, First of all thanks for viewing this post.

    I have graduated with 2.1 degree in Accountancy in June 2015, and around December 2015. I have always wanted to work in practice and become qualified. I was not very successful in securing a position in a practice environment so I managed to secure a management accountancy position with a food manufacturing company where I did product costings, (no bookkeeping or accounts at all).

    After 9 months of working this place, I was burnout because of too much stress and decided to quit without securing a position as it was mentally effecting me too much. There was no work life balance and I had to move to a small town for the job, plus this was not the ideal job for me since I wanted to get in to practice. After taking two months off, and then searching positions for months,from September to December I decided to move to somewhere bigger just to increase my chances of getting employed and basically took the easiest job to get in, a call center job in December 2016 to pay for my bills. Since starting working, I have looked out for opportunities and attended a couple of interviews.

    The struggle I have been through was that the market is very competitive and I had lack of experience in the field that I wanted to work in. Most of the companies I heard back was from manufacturing companies which I never ever want to go back to. The additional complication is that I am a foreigner in UK, so there is a little bit language limitation and I do not have a family to stay with, so I had to cover for my bills.

    Finally, I stopped being that much persistent and idealist to secure a position in practice and managed to secure a position as a graduate accountant with training support in a car sales company. The big plus for me is that I will be able to finish my accountancy qualification (I had 9 exemptions) and tick the practical experience requirements in a 3 year training contract. Do you guys think that I should keep looking out for practice jobs while working there? What are my chances of moving to practice after working there or while working there? I am getting a little lost since what I really want is different than what I will be doing. But this job will give me some experience which I lack as well... It has been 2 years since I have graduated and I am thinking it is getting too late for me. On the other side this job will be obviously better than a call center job as at least it is something relevant.

    Please leave your opinion. Thanks!
    Out of interest, why are you so set on going into practice?
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    I think you should concentrate on this new job for the moment. It sounds like a good experience but they offer you training support to help you get to where you want to be. Having not done the job yet, you may find yourself enjoying the job. You talk about work life balance, and this job would offer it.

    Maybe after a few years, you can use your experience to get a job in practice if this is what you still want.
 
 
 
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