Professional Practice Jobs
The traditional roles within the Profession have progressed quite dramatically over the past few years with changing legislations and perceptions playing a major part in the development of these firms. Once driven by assurance and compliance based offerings, around 80% of fee income for the Profession is now generated from advisory and consultancy based work and this change is reflected in the diversity of roles available to newly qualified accountants.
One common route for newly qualified accountants is to join a specific department and benefit from the huge knowledge base that sits within these firms in order to build technical expertise i.e. Corporate Finance, Taxation, IT Assurance & Advisory, Risk Management or Compliance. Other newly qualified accountants may choose to continue their Audit & Assurance work in order to gain exposure to clients in particular industry sectors and increase their industry knowledge, or it may be to gain exposure to a portfolio of larger organisations i.e. FTSE 100, or broader international exposure.
What do I need to succeed in a Professional Practice job?
- Professional Practice jobs require newly qualified accountants who are commercially aware, keen to add value to existing client service offerings and to develop new business relationships.
What career path will a Professional Practice job offer?
Career progression is an extremely realistic option with the Profession as it offers a variety of accountancy career options and opportunities to specialise in certain industry sectors.