Starting At The Bottom? Entry-Level Roles That Have Potential For Upward Mobility

Starting At The Bottom? Entry-Level Roles That Have Potential For Upward Mobility

In the following post, Lewis Daidone discusses entry-level positions that can lead to bigger and better opportunities.

Everyone has to start at the bottom – only a privileged few can skip this step. However, not every open door results in a positive step up the career ladder. Here are a few positions that offer good career advancement prospects. While advanced degrees might be necessary in order to rise to the most senior positions, many entry-level positions generally don’t require more than a bachelor’s degree in accounting or finance (one only requires a high school diploma).

Accounts Payable/Receivable Administrator

Many organizations don’t require an undergraduate degree for accounts payable/receivable administrator jobs. While your ability to move into a more senior position within the same firm depends upon the firm itself, this position is in great demand and can provide a great stepping stone to more senior roles. From that point, however, an accounting, business, or finance degree would be required for any further promotions.

Credit Analyst

Credit analysts have become increasingly in demand after the 2008 lending crisis. Many large firms need in-house staff in order to calculate credit-worthiness and lending risk. Appropriate candidates will have a finance degree. A credit analyst can rise to a senior analyst position, overseeing all organizational credit decisions and managing a team of junior analysts.

Junior Financial Analyst

Financial analysts research economic conditions and review company fundamentals to make business, sector and industry recommendations and oftentimes recommend a course of action, such as to buy or sell a company’s stock. A junior financial analyst can be promoted to a senior position, and from there move up to a portfolio or fund manager (although a graduate degree in finance might be necessary for serious consideration).

Lewis Daidone is a Certified Public Accountant. He is also a consultant to technology companies and financial services firms. For more management insights, click here.

 

Advertisements

Four Tips For Working With Accounting Recruiters Effectively

Four Tips For Working With Accounting Recruiters Effectively

In the following article, Lewis Daidone offers advice for working with accounting recruiters successfully.

If you’ve ever been hunting for an accounting position, it’s highly likely that you’ve come in contact with executive recruiters. Perhaps one of them will help you get your dream job; perhaps one of them will unwittingly sabotage your chances of employment at a great firm. Here’s how you can make sure your recruiter works for – not against – you.

Do your homework.

Make sure you know who the recruiters are. Get their full names and research them on the search engine of your choice to make sure they’ve got the kind of reputation you’re comfortable with.

Moreover, you’ll want to work with a recruiter with experience/expertise in your target industry and field. Working with a person who understands the nuances of the world of accounting and finance will give you a significant advantage.

Don’t let any recruiter send out your resume without your permission.

If you’re desperate for a job, it might be tempting to allow multiple recruiters to flood potential employers with your resume. Do not do this.

While a recruiter might send your resume out to a particular company, there’s no guarantee that the company will want to pay that recruiter’s commission. If you apply on your own – even if you’re a perfect fit – that company might reject you simply because your resume is attached to a recruiter that they don’t want to pay.

Only meet in person if the recruiter has a specific position you want.

There aren’t enough hours in a day to go on fruitless interviews. While it’s true that a good recruiter won’t want to waste time on a candidate who isn’t serious, you shouldn’t waste your time on a recruiter who’s just fishing for good prospects without any real bait.

However, if there is a position that sparks your interest, put your best foot forward. Since the recruiter clearly wants to know how you’ll conduct yourself in an interview, make sure your relationship-building skills are on target. If you seem like a great catch, the recruiter will work that much harder on your behalf.

Stay professional and polite.

Even if you aren’t interested in the positions a recruiter is trying to fill, don’t simply brush them off. Reply politely and clearly indicate your willingness to interview for the right job – you want to leave the door open for future opportunities.

Certified Public Accountant Lewis Daidone offers his consulting services to technology companies and financial services firms. More management articles can be accessed keyterm.