Changing jobs while studying

Most scholar accountants be expecting to move jobs with a view to construct their careers perhaps to amplify their ability set, achieve new obligations, or to experience a distinct trade region. But what does shifting jobs mean on your ACCA studies?

Two fresh ACCA prize winners tell us how they managed to switch jobs while also progressing thru their ACCA assessments. Michael Foster Advanced Performance Management prize winner, December 2024 Current role: Assistant accountant, Dechert LLP Reason for transferring: To acquire new abilities as well as extra workplace reputation for ACCA exam success Membership status: Achieved April 2024

Michael Foster went into accounting instantly from school, having enjoyed learning accountancy at A-stage.

I may see that each accountant performs a a very powerful position inside an enterprise, which additionally makes it a very attention-grabbing job as well as one that puts you at the center of any industry, he says.

Michael started his occupation as an AAT apprentice with a London-based company, the place he also began his ACCA research.

I used to be attracted by the course to a pro qualification while not having a degree, he says, and also as a result of ACCA provides quite a lot of modules, giving you wisdom of many alternative aspects of accountancy. I also wanted a qualification with international recognition as this may in reality make you stand out, particularly if you want to work for a multinational company.

When Michael began to organize for the Strategic Professional assessments, however, he realised that it was once time to search for a new job: I made up our minds I needed a extra various function that presented more opportunities to increase my abilities. I additionally felt that, despite my just right progress though the ACCA exams, I wasnt being rewarded with larger place of work duty. In fact, the loss of alternative to make use of the abilities I used to be studying used to be in reality turning into demotivating.

Michael now works as an assistant accountant in the London administrative center of worldwide legislation company Dechert LLP.

I work on meeting tax necessities, both right here in London as well as for various our European offices, he says, as well as I also work on per thirty days stability sheet reconciliations as well as payroll, as well as help with yr-end audit and journal calculations.

So how did Michael organize the transfer while phase way thru his assessments?

I needed to take a short wreck from my ACCA studies whilst I finished my probationary duration with Dechert, he explains, which meant that my progress during the Strategic Professional checks took longer than planned. Overall, however, the transition among employers was once smooth, as well as sooner than I left my old job I made certain to get all my finished PER signed off.

For Michael the move has definitely been a success, and something he would suggest to different ACCA students in a an identical place.

It’s for sure worth taking into account a move if you’re feeling that your present function now not provides alternatives for career progression, particularly as you progress through your ACCA studies, he says. For the same reason why, if you wish to discover a new job, it’s important to seek out an agency who can support your studies with extra alternatives to increase your abilities, now not simply with financial support. I actually have certainly discovered that my current workplace development has made my ACCA studies a lot more worthwhile, and undoubtedly greater my motivation, both at work and while preparing for my next ACCA exam.

Search loads of roles from far and wide the world on ACCA Careers

Sign up for a job alert adapted to your preferred place as well as position Alex Milligan Tax prize winner, December 2024 Current role: Trainee accountant, Russells WBHO Ltd Reason for shifting: Career development as well as the risk to work in a different trade region Membership status: Aiming for end 2024

Alex Milligan began his career after completing a maths stage. His first job was with a instructor recruitment corporate in his home the city of Blackpool, UK, the place he gained experience of a spread of accounting tactics, in addition to growing complicated Excel tactics.

However, in spite of being in line for a potential promotion, Alex determined to depart his job and move to Manchester mainly to sign up for his female friend but also to increase his profession.

Manchester is a far larger town than Blackpool, and with a rising economic system, so I concept it might be a chance to check out something new and to construct at the accounting wisdom I had received to this point. I was once also keen to work in a unique trade region as well as with new people, as I consider this to be one of the easiest techniques to learn.

As Alex was already phase manner through his ACCA studies ( I was once attracted via ACCA s flexibility, he says, as well as through the big variety of data lined via the syllabus ) it used to be a concern that any a brand new business enterprise may supply ACCA find out about support.

I didn’t wish to to find myself struggling to finish the qualification, he says, but with just right exam results on my CV I was once confident that any potential organisation could see I was definitely worth the investment.

Alex s job hunt briefly proved successful as well as he joined building company Russells WBHO in January 2024. He got to work in the sub-contractor staff, as well as assisting weekly payroll, earlier than shifting into debts receivables and working as part of the control money owed staff. Alex s ACCA studies were paused whilst he completed his six-month probationary period, however I anticipated study to be easier when I began once more, he says, if only as a result of I was once proceeding to be informed with Kaplan Manchester my present training supplier as well as not had to commute from Blackpool for my research.

Alex plans to realize ACCA membership in 2024, and hopes this will enable him to realise his long term ambition of shifting into a senior position.

From what I can see, he says, I need to work in numerous different positions so as to gain the enjoy required and ACCA will help me do this.

Having made a successful career transfer, Alex advises other students to do your analysis before taking any choices: Compare your possible profession direction with your present function as well as verify how lengthy it might take you to get to ACCA membership, as well as the extent of research enhance on offer.

But he additionally is aware of that scholars could have different motivations to transport.

Having worked at my previous organisation for four years I used to be in a position to experience one thing new, he admits, but when you already know what you want, and are passing your ACCA tests first time, then other employers will wish to rent you. Have self belief and take time to find the best fit.

This article was first published in Student Accountant