Need Advice for Starting My Career

Hello ozbargainers, I would like to receive some career advice in getting my first job in accounting. Any response is highly appreciated. I am a recent 2016 bachelor
graduate and have applied to graduate accountant jobs on seek and graduate programs. Received no response for seek jobs and I am not progressing further than video interviews for graduate programs. I tried recruitment agencies and have been placed on a "waiting list". Also tried reaching to my family and friends but there aren't any opportunities for me yet. It's been nearly half a year now and it's been a struggle to find paid accounting work. I did go to my university's career services and they weren't much help for me.

Should I apply for any entry level role (including ones not relevant to my degree) and hope to transition to accounting work afterwards? Should I attempt to cold call small to medium sized firms for opportunities? I feel lost right now and will really appreciate having an experienced mentor supporting my career direction.

I would like to work in taxation for my career but it seems that I would have a higher chance in gaining financial accounting work (A/R,A/P). Would it be hard to transition from those two areas?

A bit about myself:

  • working as a Administration Assistant (volunteer)
  • volunteered at numerous places (not accounting related - mostly stall management)
  • worked at my uni casually and at a restaurant

Thanks for reading my lengthy post!

Comments

  • +2

    The reason your resume is getting skimmed over and you're getting bounced at the screening process is perhaps your resume is lacking the right keywords. If you're applying to a big company they usually have computers looking scanning over resumes and giving them a score based on the type of words they're looking for, so if your resume and CV is really generic and shallow, you won't be getting that second phone interview.

    Look at some resume templates on the internet that are tailored for accounting people… try to recognize the buzzwords, technical terms and software packages that are mentioned. If they apply to you, work it into your version. Ask your old friends and professors for some help.

    The other thing is, you should definitely try to volunteer for some accounting related jobs, or if not, sit a CPA exam and gain some quals. Just because you're out of uni doesn't mean you can't continue leveling up your skills. You'll need everything you can get to gain the upper edge over your cohorts, who've also graduated from the same year from other big uni's.

    • I've had resume checks from my uni, friends and CPA accountants? (the CPA careers fair resume checking session). They've all said my resume was okay and to just keep applying.

      I would definitely volunteer for accounting related jobs, but not quite sure where to obtain them. I've tried looking through Seek's volunteer page and ATO Tax Help last year. There were no positions offered. I should try cold calling firms to offer volunteer work?

      I'll definitely look into CPA. I did not start yet as I'm worried if firms prefer CA.

  • +1

    Looking at the skills shortage list. there is a shortage of taxation accountants. whether that means a tax accountant or an accountant with the understanding of tax law. Perhaps focus on improving or obtaining extra experience in this area if you want a job as an accountant. Mainstream accountants are plenty and your competition will be all the Indians and Chinese who have re qualified with Australian Masters degrees.

    NSW, QLD, VIC and NT

    2211 Accountants D April 2016 The recruitment difficulty is for experienced taxation accountants.
    2211 Accountants D April 2016 The recruitment difficulty is for accountants with specialist skills in taxation consultancy.
    2211 Accountants D March 2016 The recruitment difficulty is for accountants who have experience in specialised areas (such as taxation accounting) or the ability to undertake additional duties such as managerial functions.

  • where do you live? my company hires graduates in accounting

    • I am from Melbourne

  • +1

    Absolutely apply for an entry level job to get your work started - being unemployed for six months can form a bit of a stigma. You can then use that first job as a leaping off point for the next job, it will dramatically increase your chances. It's not uncommon to be jumping from job to job every year when you're starting out to reach the right company where you want to grow.

    Don't be disheartened about not getting a response from applications, that's really common. Remember that the graduate programs are hugely popular - they'd be getting hundreds if not thousands of applications. Make sure you focus on writing good cover letters that are customised to the job you're going for. Explain what you can bring to the job and why it's a job you want to do.

    Good luck.

    • Thank you vinesde! Really appreciate your comment.

      Would you be interested to read my cover letter? I've written skills that I have and would want to bring and am a bit uncertain. Uni careers and others seem to skim read my cover letters without much criticism.

      • +1

        Sure, I'll message you.

  • +1

    Any accounting experience is vital, even perhaps approaching​ a firm asking to do work experience for a couple of weeks may be of some benefit.

    Even if you don't get paid it will get the ball rolling and you will gain the understanding you need to get employment.

    Are there any small social organisations you can join and help out with the books? Can add to CV and will help in the long run.

    Are you too focused​ on the brand firms? With changes in technology, compliance, etc a lot of small firms are set for growth, no reason to count them out, and they will have the resources to help build your skills.

    I must add though which should apply to all graduates, getting the job is only part of the triumph, how you treat the opportunity in the first instance will shape your career for years to come.

    • I've applied to boutiques and small to medium firms. If I've received interviews, some firms have picked a better candidate or found my grades weren't on par to their standards.

      I agree on your last point. Definitely should treat any opportunity positively, network with people at work and don't burn bridges.

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