Accounting Institutes & The Job Search (Part II)

Accounting Institutes & The Job Search (Part II)

Having run through some of the major accounting bodies last week, I thought it would be good to highlight a selection of the more specialised institutes within Finance & Accounting, and discuss what they offer job seekers within their niche field.

If you read my post last week (you can read it again here), even the more prominent institutes like ACA, CIMA and ACCA have very different approaches to what they offer their members looking for job support.

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Using the career resources of a professional association can be useful if you are looking for a new finance role, alongside all the other methods we talk about here at Approachthemarket.com.  For anyone who is interested in knowing more about what the Institutes do, or if you are a student or full member of ACT, ICM, IIA or ATT, this post will hopefully help gauge what support is available to you.

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Association of Corporate Treasurers (ACT) is the leading body for international treasury, and offers qualifications for those employed in treasury, financial risk and corporate finance. It was started as a result of the unease in financial markets in the 1970s, and is a bigger professional body than many think.  Membership currently stands at 4,000 with 2,000 students, and has representation in 87 of the FTSE 100 companies.  For job seekers who are ACT members, it has career-related articles in its magazine “The Treasurer” with case studies showing what career paths some treasury professionals have taken thanks to their ACT Qualification.  The website has sections on interviewing, interview techniques, job search tips and whilst not many jobs themselves are listed (only 8 jobs when I looked earlier), they do have jobs in their magazine, and links to some finance recruiters who have specialist Treasury divisions

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Institute of Credit Management (ICM) is Europe’s largest credit management organisation, representing people in Credit Control across trade, consumer and export credit.  Formed over 70 years ago, the institute offers a comprehensive range of services and bespoke solutions for the credit professional and advice for businesses.  The website has some useful information for those who may be interested in a career in Credit, but does not provide any worthwhile advice or tips for ICM members who are job hunting.    There is a small selection of vacancies on their website (I could only see 14 jobs when I looked), so Credit professionals looking for a new job are best served searching Finance-related job boards or contacting recruitment agencies who specialise in the Credit field such as McGinnis Loy.

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Chartered Institute of Internal Auditors (IIA) is the professional body for specialists working in Internal Auditing.  The aim of the Institute is to promote the value of internal audit and develop members and the profession as a whole with the knowledge, skills and expertise that business organisation’s require.  For members, they offer ongoing career support through internal audit training courses, advanced qualifications and a range of technical resources online.  Founded over 61 years ago, it was only in 2010 when they received their Royal Charter by the Privy Council.  For job seekers who are IIA members, they have a ‘Careers Centre’ on their website enabling you to browse jobs on their site, receive job alerts and do advance searching, but it falls short on job numbers – there were only 5 listed when I looked on the site.  As with the ICM, members of IIA should really use finance-related job boards and recruitment companies to search for new jobs, as there will be more roles advertised through these avenues.

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Association of Tax Technicians (ATT) is the Professional body for those who specialise in tax and tax compliance.  The Association was founded in 1989, and today has nearly 7,000 members and nearly 4,500 students.  On completion of all the exams and practical experience, members are qualified as “Taxation Technicians” and can use the designatory letters ATT.  It has a monthly journal called “Tax Adviser” which lists job vacancies from direct employers and recruitment agencies.  As an ATT Member looking for online job support though, there is actually nothing I could find on their website of value.  They have a small section which gives the career profiles of 2 ATT members, and a link for employers who may consider employing an ATT specialist.  Disappointingly, there is no career support section, no job guidance information and no jobs listed on the site.  For job hunters in this field, I would advise that you search on Finance-related job boards and talk to recruitment agencies who specialise in Tax roles.

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Best wishes
Leslie Fearn

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Leslie has over 15 years Recruitment experience helping blue-chip corporates to SME businesses recruit for their Finance teams.  As one of the founding Directors of McGinnis Loy, a Specialist HR and Finance Recruiter across the Thames Valley and London, he is still actively recruiting in the marketplace today.  Follow his helpful tweets on Twitter: @McGinnisLoy

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1 Comment

  • Hi and thanks for finding the time to describe the terminlogy for the noobs!