Cracked the CA exam – Now get that dream job!

Qualified as a Chartered Accountant – Congratulations! What are your next steps?Dream Job

Do you plan to follow up your qualification with an MBA?

Do you want to become a CFO?

Is finance a passion?

Plan and strategise to ensure you apply for roles that match your career aspirations. Some of the roles in the Finance function of a manufacturing or services organization include:

  • Accounts:

Follow the technology adopted by the organisation to maintain books of account. Questions that will help you gauge the company and job profile are:

  • Is there any foreign reporting?
  • Does the company use SAP or another ERP?
  • Are the accounts decentralised? Who are the auditors?
  • Treasury:

Analyse the balance sheet to understand the company’s approach to treasury.

  • Cash rich – investment focus
  • High debts – read about the bankers, understand the fund raising techniques approached by the organisation.
  • MIS:

Reporting to the management.

Ask the interviewer about the quality of MIS output. Does the MIS team get good opportunities to present directly to senior management?

  • Tax:

Read through the Notes to Accounts attached to the Balance Sheet. As an applicant for a tax role, it would be useful to understand if the company is facing tax litigation. The nature of business, source of earnings or location of a plant may offer the company tax benefits. Complete your research before you meet the organisation.

  • Corporate Finance:

General finance and accounting policies followed by the organisation

It deals with sources of finance, how the organisation funds itself and the capital structure.

  • Mergers & Acquisitions:

Read about the past acquisition history of the company.

To get a deeper understanding on:

How to select a good role, prepare for an interview and build a successful career in the appropriate area of finance, write to: sg@sunishigabhawala.com

Job Search – making the right choice

making-the-right-choiceOn average, most people spend 10 waking hours, 5 days a week at the workplace. If you are in a job that matches your personality and goals, the likelihood of enjoying a long, successful and fulfilling career increases exponentially. So, your strategy on how you choose a career is highly critical. Here are some pointers on what to look out for to find that “right fit”.

Personality – What kind of person are you? Are you aggressive or execution oriented? Or do you prefer to work behind-the-scenes? The job profile and day-to-day activities should match your personality type.

Skills – The job should offer two facets – leverage your existing skills and provide opportunities for you to enhance them. Simultaneously the job should allow for learning new skills. A challenging and stimulating environment will create a hunger to grow rapidly.

Compensation – Does the job provide a fair salary? Most companies describe which percentile fits the salary range offered by the organisation. A career consultant would be able to guide you on this factor. Understand company policy on flexible working arrangements, leave and basis of promotion. During the euphoria of being hired, a candidate sometimes does not dwell on the details. Later this can become a common issue that causes misunderstanding and is the basis used by an employer to calculate performance bonus.

Culture – The culture of the organisation and management style play a critical role on the office environment. Company values must align with your values. Enquire about the working style – is there a lot of team participation, do employees work in silos. Match the working environment with your personality type.

Future – Where can I go from here? An important factor to be considered while making a career decision centres on the likely future an individual has in the proposed role.

General factors – Growth opportunities, a good training program, a well-defined mentorship program are positives that a prospective employer can offer a potential employee.

If you have any queries, please contact us