7 Key Points for Newly Qualified Accountants

7 Key Points for Newly Qualified AccountantsFor those of you that are approaching the end of your Accountancy exams and are awaiting results at the end of the month, the end is nigh. The hard slog is over. For many it is now time to sit down and plan your first career move post training contract. It can be difficult to fully focus on your long term career when you are trying to balance study and work commitments so for many trainee accountants this is put to one side until they receive their final results. The good news is that there is no shortage of opportunities available to qualified accountants at this present time and this outlook does not appear to be changing any time soon. With so many options available, this article is aimed at assisting those looking to take the next step by providing 7 key points to consider: Practice or Industry – for many this decision does not take much thought. Do you prefer the customer facing element of practice or would you prefer a more strategic and commercially focused role in industry? Structure – organisational structure has a profound effect on the nature of the work you will do in your next role. What type of structure do you want to work in? Multinational, SME, Shared Services Centre, Large Indigenous Business or perhaps a Start Up. CV – this represents your personal brand and it is imperative that it leaves a lasting impression. Ensure you allocate sufficient time to getting this right from the start. It is important to highlight the type of clients you worked with throughout your training. E.g. Multinational Manufacturing, Financial Services, Retail etc. Please refer to the below link for useful CV tips and templates. https://www.collinsmcnicholas.ie/jobseekers/cvs/ Job Title – what type of role are you targeting, e.g. Financial Accountant, Management Accountant. Job titles can be misleading, you should never judge a job based on title alone. Read down through the job spec, research the company and call the recruiter for more information on the role (if advertised by an agency). Be mindful that companies have different job titles for similar roles. Job Search – where will you find the vacancies to apply for? The obvious place to look is job boards. Don’t forget to tap in to your own personal network however, internal referrals can also add weight to your application if you are coming recommended by an existing employee. Try and meet with at least one if not two reputable Recruitment Consultants, don’t just send in your CV on spec, set up a face to face meeting with the Recruiter. This affords you the opportunity of gaining useful market knowledge and also has the added value of getting you used to talking through your experience in a face to face meeting. https://www.collinsmcnicholas.ie/jobseekers/job-seeking-tips/ Salary – at this point in your career it may not be the most important aspect of your search but it is important to know what to expect to ensure that you are not being undervalued. Please refer to our salary guide to give you an understanding of not only what to expect once qualified but also what to expect if you go down different career paths within the field of Accountancy & Finance. https://www.collinsmcnicholas.ie/salaryGuide/accountancy/ Interview Prep – when was the last time you did an interview? For most of you the answer is probably 3.5 years ago and I can guarantee you that your next interview will be a much different experience. So how do you approach interview preparation? Know your CV inside out, research the organisation and the job spec and have a clear idea how to answer why you want to join the company and what you can bring to the role. If going through an agency always try and meet with the consultant to go through interview preparation. People who do this have a much higher chance of securing the role and for this reason alone I would advise where possible to apply through an agency in order to secure your first role once qualified. https://www.collinsmcnicholas.ie/jobseekers/interview-advice/ Over the next 12 months you will have more options open to you than at any other stage in your career. I hope the above points will help equip you with objective and unbiased career advice at this critical stage of your professional journey. If you require any further assistance please do not hesitate to contact any of our Accountancy & Finance Consultants located throughout the country. For a list of vacancies please refer to the below link: https://www.collinsmcnicholas.ie/search/ Michael O’Brien Senior Recruitment Consultant Collins McNicholas Recruitment & HR Services...

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How to Get the Most out of Psychometrics in HR

Last Wednesday morning Collins McNicholas in conjunction with the CIPD had the pleasure of co-hosting an event focused on the topical area of Psychometrics in HR. A large crowd gathered at the splendid Maryborough Hotel for a very informative presentation. CIPD Chairperson Margaret Collins began proceedings before introducing Rory Walsh, Regional Manager of CollinsMcNicholas Recruitment & HR Services. Rory gave a brief overview of the organisation and proudly announced that Collins McNicholas had recently been awarded Recruitment Company of the Year by The Cork Business Awards for 2016. Caroline Ward (HR Services Manager) then presented on why companies use psychometrics and how they can be altered to the specific needs of the company, be it within a recruitment process or the development of employees. Caroline also gave an insightful overview of some the most commonly used assessments and how to get the most from psychometrics. The guest speaker on the morning was Ronan Emmett, Head of Learning & Talent Acquisition in Boston Scientific. Ronan gave an interesting insight on how Boston have recently revamped their recruitment process and how psychometrics have played a key part in this journey. Ronan was keen to point out that psychometrics were not solely used with the recruitment process but are also used to identify high potential and assisting with the personal development of their employees. We would like to thank all those who contributed to the event and the CIPD for giving us the opportunity to discuss the growing importance of Psychometrics in HR. Please find the link below with podcast and presentation slides on the CIPD website. http://www.cipd.co.uk/global/europe/ireland/about/southern-psychometrics-2016-slides.aspx If you have any...

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Tech West 2016: Meet Tech Companies Hiring in the West of Ireland

Join us at Tech West 2016, Wednesday, October 26th at the Gibson Hotel, from 5pm, to hear about the many job opportunities open.  Awaken to the great job opportunities in the West and experience a quality of life only the West can offer. Find out about tech jobs in the West & Midwest Meet local start-up companies Get expert advice on moving back West Up to 100 high tech jobs to be filled before the end of the year! When: Wednesday, 26th October from 5pm                                      Where: Gibson Hotel, Dublin 5pm                                   Registration opens 6pm                                   Overview of the event – MC Samantha McCaughren Introduction – Michelle Murphy (Director, Collins McNicholas) Introduction – Ian Brannigan (CEO, Western Development Commission) 6:15 to 6:45pm Panel Discussion No.1. – Driving innovation within the West & Midwest regions Gillian Buckley – Western  Development Commission Johnny O’Dwyer – Innovation District, Galway John Magee – Head of Enterprise, LEO Mayo Niall O’Callaghan – IDA Midwest Barry Egan – Enterprise Ireland 6:45pm to 7pm Visit stands // Collins McNicholas Career & CV clinics 7pm to 7:30pm   Panel Discussion No.2. – Opportunities for key talent in the West & Midwest Joe Smyth – Alto Cloud, Galway Pat Hession – Cisco Galway Keith Moran – SL Controls Galway 7:40pm to 8.10pm Panel Discussion No.3 – Opportunities for key talent in...

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Budget Basics 2017

Tuesday afternoon, Ministers Noonan and Donohue presented the budget for 2017 to the Dail. It included a number of expected measures, along with some interesting talking points. It’s very easy to get lost in the stats, but what implications does this really have? At a breakfast briefing this morning, hosted by RBK, Ulster bank and Athlone Chamber of Commerce, some of the main areas were outlined and have been summarised below – USC has been reduced by 0.5% Social welfare payments are to be increased by €5 per week €15 million has been allocated to bringing high-speed broadband to rural Ireland The education sector will receive an extra €458 million. This will be spent on recruitment of 2400 teaching staff, €36 million on higher and further education, and a 35% increase on early years funding A tax increase on cigarettes of 50c per pack VRT relief on the purchase of hybrid vehicles as a measure in support of tackling climate change First-time buyers will get an income tax rebate of 5% on the value of their purchase up to a cap of €20,000 refund €1.2bn in funding for housing, with47,000 new social housing units by 2021 800 additional Gardaí to be recruited in 2017 1000 additional nurses and midwives to be recruited 10c rise in the minimum wage as recommended by Low Pay Commission There has been a mixed reaction to the budget announcement so far. The general conclusion is that while there are some positive moves, none of these are likely to have a very significant impact on the average worker. Donie Shine Recruitment Consultant Collins McNicholas Recruitment & HR Services...

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