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Fund accounting ?

  • 10-08-2006 5:47pm
    #1
    Closed Accounts Posts: 21


    Does anyone here know much about how they recruit new fund accountants.

    I'm coming back to Ireland after a years volunteering and am considering applying for
    a trainee fund accountants positition. i have an economics degrees but no work experience in this sector. am i wasting my time. I had a feeling they recruit anyone regardless of work experience ?


Comments

  • Registered Users, Registered Users 2 Posts: 784 ✭✭✭zootroid


    a few of my friends from college are doing it now (we did economics also), it seems relatively easy to get into. i applied for a position myself with state street, was called for an interview, but by that stage i had already found a job. glad i didn't go into now, it seems a little boring, and i've heard you can hit a ceiling pretty quickly (3 years).

    but if you want to go into it, you should have no trouble, especially if you want to work in dublin. i'd try recruitment agencies, thats how some of my friends got into it. i wouldn't worry about work experience either, most companies accept that graduates have little or no experience, and train them in from scratch. hence the rubbish wages 90% of graduates start on.


  • Closed Accounts Posts: 1,803 ✭✭✭dunkamania


    You should be able to get a fund accounting position without much trouble.
    Be wary,there is a big difference in companies from starting salary (18k - 26k)
    and overall atmosphere.Some companies look after their employees,others have up to 60% turnover of staff per year.Most people do less then 2 years before moving on.

    Recruitment agents get a lot of money to fill these positions so dont expect any impartial advise from them,beware of them pushing you towards a particular company,or only setting up a couple of interviews.

    The roles are fairly generic,so you should pick the company that you feel has the best atmosphere,dont jump at the first offer to come along.

    Good luck


  • Closed Accounts Posts: 383 ✭✭bullrunner


    i've done it before...but to be honest...dont do it...its long hours for crap pay....most cos dont pay ot and will expect you to work 8am till whenever NAV is produced ....some NAVs are daily, others weekly and monthly. The attitude is that you work till the NAV is done...which can mean working till 2 am and then being expected back in work for 8/9

    generally not a great job to have....but not much else available in dublin finance wise unless you have exp


  • Registered Users, Registered Users 2 Posts: 3,323 ✭✭✭Hitchhiker's Guide to...


    its reasonably good money. shouldn't be any problem to get into the area if you have an economics degree. Irish Times on Friday will give you details of loads of these jobs.

    p.s. i'm moving this thread to Work/Jobs


  • Closed Accounts Posts: 3,494 ✭✭✭ronbyrne2005


    Ask friends working in the industry about who are the good companies to work for. Some companies pay overtime on your clock in card and they wont use you for overtime unless they really have to as it costs them to do so. I know that citco and bank of bermuda are good in this regard.


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