Gareth John   International Day Of Accounting

In Conversation with Gareth John: How First Intuition is Inspiring the Next Generation of Accountants

​To mark International Day of Accounting, we caught up with Gareth John, Policy Director at First Intuition, one of the UK’s leading providers of professional accountancy training.With a career spanning nearly three decades in both practice and education, Gareth shares his insights on the different routes into the profession, the habits that define successful students, and how the industry has evolved in recent years.​Walk us through what First Intuition does and how it supports aspiring accountants? First Intuition is a professional education and training provider offering courses in accountancy, leadership & management and digital & data. From our early days in 2007 when we opened our first training centre in London we have now grown to over 500 staff working across 25 locations in the UK. In recent years we have seen huge growth in our accountancy apprenticeship programmes, as the vast majority of the employers we work with now take advantage of the huge benefits they deliver. Our support for aspiring accountants studying the AAT, ACCA, CIMA and ICAEW qualifications is extremely broad. We deliver technical exam training through classroom and online courses, with plenty of tutor support and award-winning study resources. In addition to this qualification ‘knowledge’ that we help our learners get to grips with, we also have a fantastic Impact Skills Programme to help them develop critical employability skills and behaviours such as communication, critical thinking and teamworking. Our apprentices also benefit from the support of our teams of dedicated skills coaches who provide pastoral support and encouragement as they progress through their programmes. We also offer lots of wellbeing and mental health support to the students in our care, as the exams they face can be very challenging and can cause anyone to suffer from anxiety and stress. ​What are the different qualification pathways people can take into accounting? In recent years there has been a big trend amongst employers of trainee accountants towards increasing use of school-leaver recruitment using the AAT pathway, often under apprenticeship programmes from level 2 to level 4. AAT can be a great entry-point into the accountancy qualification for a range of aspiring accountants from school leavers to mature career changers, and there are a wide variety of classroom and online course options which learners can choose from to suit their ambitions and lifestyles. After completing AAT many of those successful individuals will carry on to study for one of the higher-level accountancy qualifications such as ACCA, CIMA or ICAEW to become fully qualified accountants. Graduate recruitment remains another important pathway into the accountancy profession. Individuals with degrees normally study for the ACCA, CIMA or ICAEW qualifications. Some trainees may have exemptions from early exams depending upon their degree discipline, but they will still need to gather three years of work experience to become qualified. ​What advice would you give to someone just starting out in accounting today? Be curious! Ask lots of questions about what you are doing in your training, and why you are doing it. You can’t ever ask too many questions. The other big piece of advice I would give is to expect qualifying as an accountant to be hard, and to not worry too much if they fail the odd exam here or there. Accountancy qualifications such as ACCA, CIMA and ICAEW are some of the most challenging exams in the world, and the range of subjects studied is so broad that even the brightest student will find some of the exams very difficult. The main thing to remember is that it is this very difficulty which means that these are amongst the most prestigious and well-recognised qualifications in the world, which will allow you to have an amazing career and life! See the difficulty as a good thing. Embrace the difficulty! ​What qualities or habits tend to set apart the most successful accounting students or trainees? Discipline is extremely important. Even the most capable students need to develop a solid study routine in order to learn large syllabuses, practice plenty of test questions and attempt some mock exams, all before the real exam rolls around. And that’s often on top of a full-time job and a social life. Resilience is also essential. You need to be able to persist with study material you find complicated, and to bounce back from any exam failures, maintaining a belief that you are capable of success if you show enough determination. ​Tell us a bit about your own career journey. I fell into training as a Chartered Accountant because I didn’t really know what I wanted to do with my life! An accountancy qualification felt like it would keep lots of doors open for me to move into lots of different career options, with lots of different types of employer, and possibly in lots of different parts of the world. Once I qualified as a Chartered Accountant I moved into professional training as an accountancy tutor as I really enjoyed helping other people to grasp complex ideas and see them fulfil their potential. This move into training was when I knew that I had truly found my vocation, something that I really loved, and still love today nearly 30 years later. In recent years I have been involved in helping to grow the First Intuition business across the country to our current scale. I personally opened a number of our training centres, and I still get a real buzz from setting something up from scratch and seeing it develop over time. I really love the depth of personal relationships that I currently have with employers of trainee accountants in many parts of the UK, and getting to understand the issues and frustrations that they face and which I can feed back to the awarding bodies we deliver qualifications for. ​How has the industry changed since you started out? In some respects the industry has changed an enormous amount. Accountancy has been one of the first sectors of the economy to really embrace tech automation and now AI, which has transformed the kind of tasks that accountants perform, and the skills they need. Accountants are now far more influential as business advisors than as number crunchers. The next big change starting to affect the profession is the roles that accountants can take on. In other respects though, the accountancy sector still relies on the same basic principles that it did when I was a trainee thirty years ago; professional scepticism, integrity and ethical behaviour are as relevant in the digital age as they ever have been.​​Gareth’s insights highlight just how rewarding and varied a career in accountancy can be. Whether you’re beginning your journey through AAT, progressing to ACCA, CIMA, or ICAEW, or supporting others in their training, the blend of technical knowledge, personal discipline, and professional integrity remains at the heart of success.​We’d like to thank Gareth and the team at First Intuition for their continued commitment to developing the next generation of finance professionals and for sharing their expertise in celebration of International Day of Accounting.​If you’re an aspiring accountant looking to take the next step in your career—or a business seeking talented finance professionals to join your team—our specialist consultants at Sharp Consultancy are here to help.Visit our Job Searchor Client Page to find out more about how we can support your journey in the world of accountancy and finance.

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Transactional Finance

Transactional Finance Jobs in York

Transactional Finance Jobs

The Path to Success with a Career in Transactional Finance

Transactional finance forms the foundation of any organisation’s financial operations, ensuring the seamless management of day-to-day financial transactions. A career in transactional finance provides a unique opportunity to gain in-depth knowledge of financial systems, contribute to organisational efficiency, and build a solid foundation for growth within the finance sector. Professionals in this field are essential to maintaining accurate records, ensuring compliance, and supporting broader financial strategies.

What is Transactional Finance?

Transactional finance focuses on the operational aspects of finance, encompassing processes such as accounts payable, accounts receivable, payroll, and cash management. This area of finance ensures that financial transactions are recorded accurately and efficiently, supporting the overall financial health of an organisation. Roles in transactional finance are vital for businesses of all sizes, as they enable smooth financial operations and compliance with legal and regulatory standards.

Skills Required for Transactional Finance Professionals

Success in transactional finance depends on mastering a combination of technical and interpersonal skills:

  • Numerical Accuracy: Precision is essential when handling invoices, reconciling accounts, or processing payments, as errors can disrupt financial workflows.

  • Organisational Skills: Managing multiple transactions and deadlines requires exceptional attention to detail and strong organisational abilities.

  • Technology Proficiency: Familiarity with accounting software, enterprise resource planning (ERP) systems, and digital payment platforms is crucial for streamlining processes.

  • Problem-Solving: Quick thinking and creativity are needed to resolve discrepancies, handle payment issues, or improve processes.

  • Communication Skills: Clear and professional communication ensures effective collaboration with colleagues, vendors, and clients.

  • Compliance Awareness: A solid understanding of relevant regulations and standards helps professionals maintain compliance and mitigate risk.

Career Growth Potential in Transactional Finance

A career in transactional finance offers a clear pathway for growth and development. Entry-level roles such as accounts payable or receivable clerks provide opportunities to gain valuable experience and develop a strong foundation in financial operations. With time and expertise, professionals can progress into supervisory or managerial roles, such as transactional finance manager or financial operations leader.

The demand for transactional finance professionals remains steady, as every organisation requires efficient handling of financial transactions. Moreover, advancements in automation and digital tools are reshaping this field, creating opportunities for professionals to enhance processes and drive innovation in financial operations.

While typically more localised in scope, transactional finance roles also support global business functions, particularly in multinational organisations with complex financial structures. This opens doors for individuals to explore opportunities within shared service centres or global finance teams.

Why Choose a Career in Transactional Finance?

A career in transactional finance offers stability, structure, and the chance to play a vital role in organisational success. Competitive salaries, clear career progression, and the ability to develop transferrable skills make this an attractive choice for individuals looking to build a solid foundation in finance.

Transactional finance professionals contribute directly to business operations by ensuring timely payments, accurate records, and seamless workflows. This not only strengthens organisational performance but also provides a sense of accomplishment and purpose in supporting broader financial goals.

In conclusion, transactional finance is an essential and rewarding area of the finance sector. By cultivating technical expertise, embracing innovation, and committing to excellence, transactional finance professionals can build successful careers while making a meaningful impact on the organisations they serve.

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