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Role as a Trainee Accountant

  • 22-06-2020 4:42pm
    #1
    SureYWouldntYa
    Registered Users, Registered Users 2 Posts: 7,799 ✭✭✭


    An opportunity that has come up for me is as a trainee accountant, in a small practice in my local town

    I've just finished college, and while it's not a career line I'd considered before, I did do a Finance degree so I've done a few accounting modules, and have a few exemptions from the various bodies

    If I was to take this role and sit my professional exams over the next 3-4 years, would that leave me in a good place after that?

    It's something I'm a little unsure of since I'm never considered it before, but I need to make a decision by the end of this week. I'd hate to join this place and not enjoy it over the next few months and then want to leave, if I'd even be able depending on the contract


Comments

  • #2
    OMM 0000
    Registered Users, Registered Users 2 Posts: 3,733 ✭✭✭OMM 0000


    I was an accountant before.

    I liked it as it's a black and white area - you follow the rules and everything fits into place.

    Do you like accounting?

    From my own perspective the hardest part is "a small practice in my local town". What if it's a toxic office, there's nowhere to hide.


  • #3
    SureYWouldntYa
    Registered Users, Registered Users 2 Posts: 7,799 ✭✭✭SureYWouldntYa


    I’ve always liked the modules in accounting i did

    I preferred ones like Management Accounting rather than the strictly rule following ones like Financian Reporting, but never disliked it. Management Accounting really showed how accountants are more than just payroll people and the ones filing taxes at year end, and the head of the practice im looking at is CIMA so I’m assuming is more management accounting focused, i dont actually know a whole pile about the place atm

    The small office does worry me since i’ll be there for 3-4 years. Another thing worrying me is that I’ll be fairly useless for the first while I’d imagine, I’d hate to be a drain on them for a while only to then leave


  • #4
    OMM 0000
    Registered Users, Registered Users 2 Posts: 3,733 ✭✭✭OMM 0000


    Don't worry about the useless thing, they are aware of that.


  • #5
    SureYWouldntYa
    Registered Users, Registered Users 2 Posts: 7,799 ✭✭✭SureYWouldntYa


    Good, I must enquire as to when they last had a trainee so they have a roadmap of when I might be capable of different things

    The role I always wanted to get into was as a Financial Advisor, and I really don't know how to get into that


  • #6
    tina1040
    Registered Users, Registered Users 2 Posts: 479 ✭✭tina1040


    If you get the accountancy qualification, there are any number of paths you can take from financial services to manufacturing to setting up on your own etc. The client base of the practice would give lots of experience in those areas which could lead to anywhere. If you like the idea of an accounting qualification I would go for it and discover which financial areas interest you along the way.


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