HOW TO AVOID COMMON JOB INTERVIEW MISTAKES

Celebrating International Day of Accounting with David Cameron, Vice President of the LCASS

International Day of Accounting is an annual celebration to commemorate the publication of Luca Pacioli's book on double-entry bookkeeping in 1494 which is the bedrock of modern day accounting. In the modern day, International Day of Accounting is about the appreciation of the crucial work Accountants do and the recognition of their importance for business longevity and success. This year, we caught up with David Cameron of EY's Restructuring Team and Vice Presidentof the Leeds Chartered Accountants Student Society (LCASS) to gather his advice for those in the early days of their accounting career and insights about all things ACA.Starting a Career in Accounting 1.What advice would you give to someone just starting their career in accounting?I would say the sooner you realise that all of the exams require a fair amount of work and can’t be blagged (no matter how easy you found A-levels or university), the better. ACA is tough but I think it is certainly passable for most people, as long as you put the work in. The next big piece of advice I would give is if you go into the initial mundane tasks, when you first start, with a positive can-do attitude, it goes such a long way. The people who go into tasks with that outlook often find they move onto much more interesting tasks, quickly. Finally, the last tip I’d give to anyone starting out in accountancy is start building your network straight away, not only will it benefit your career in the end when everyone climbs the ranks together, it is even more beneficial from a social point of view at the junior levels. People you meet at networking events will become your friends and just enhance your overall experience when you are starting out. 2.How can recent graduates make themselves stand out to potential employers?It sounds cliché but I think showing your personality in an interview and just being yourself is something people feel as though they shouldn’t do. I really believe that that’s by far the easiest way to stand out. The majority of applicants will also have a great CV, the way you will stand out is by the employer thinking that they will enjoy working with you every day. Picking an ACA Specialism 3.Can you share some insights on the different specialisms available whilst studying ACA?Audit and Assurance:Examining financial statements and processes to verify accuracy and provide confidence to stakeholders through regulatory compliance. Tax:Advice on tax planning, compliance or strategy, dependent on what department of tax you’re in. Transactions:This could be a role in Mergers & Acquisitions/Corporate Finance, Transaction Due Diligence or Restructuring. 4.How did you decide on your own specialism, and what influenced your choice?I work within the Restructuring service line and absolutely love it. I’d always had a big interest in how businesses work operationally, and Restructuring allows me to assist businesses through times of distress with the hope that we can help to provide a solution to save/improve the business. Being in the service line I am in, it has allowed me to think outside the box and use problem solving at work as there is never the same solution for each business in a time of crisis, with solutions ranging from running an accelerated sale process of the business to possibly refinancing its existing debt. What the ACA Has to Offer5.What are the key benefits of pursuing the ACA qualification?First and foremost, the comprehensive skillset you acquire through completion of the ACA qualification shouldn’t be overlooked as it allows you to apply knowledge you have learnt from topics/exams usually unrelated to your usual job role to situations where it is required or even personal situations. I believe that the practical work experience you gain (at least 450 days of practical work experience) whilst completing your ACA enables you to improve your technical skills at a far quicker rate as you are utilising knowledge you have learnt at work on a daily basis, to better your understanding of the technical aspects, something which you don’t get to do at university or school. I would say the largest benefit is realistically the career flexibility and opportunities it allows you to have access to. As mentioned above, there are so many different avenues that you can go down through having an ACA qualification. If you don’t like one role, you can quite easily try something different. 6.How does the ACA prepare accountants for the challenges both inside and outside of the profession?As touched on above, the comprehensive knowledge gained from an ACA qualification is fantastic and can be applied to so many different scenarios outside of an accountancy role, such as personal tax planning or even the strong financial acumen gained to assist with running your own business. ACA also of course reiterates the importance of ethical behaviour and integrity throughout your studying period which helps instil such traits into students. Learnings from this will help students make correct decisions at work or even in their own personal life when faced with difficult choices. Personal Journey into Accountancy 7.Can you tell us about your journey into accountancy and what inspired you to choose this career?I joined the EY Leeds Restructuring team back in 2020 via the school leaver programme. I probably got unlucky with the year I joined given we were in the midst of the pandemic, however, what I was certain of even back then was no matter what, I still just wanted to get into work rather than continue full time education. I was keen on the potential qualifications I would come out of university with; however, I knew that I had always much preferred working throughout school than the education side of things. I was drawn to the Restructuring apprenticeship due to the element of problem solving involved and the opportunity to leverage commercial skills. Admittedly, I wasn’t overjoyed about the prospect of 15 ACA exams, however, I knew the end goal was worth it and provided some incentive. Four years later and I have completed my ACA and my apprenticeship. I’d recommend this path to many, for the experience and level of qualification I’ve been able to obtain by such a young age, coupled with the opportunity to meet so many people that will be mates for life. 8.Looking back, is there anything you would have done differently in your career path?Nothing I would change that’s in my control. It would’ve been ideal to have joined at a time outside of the pandemic as it did effect the social side of things for the first year or so. To find out more about the ACA click here.Looking for your next career move in finance or accountancy? At Sharp Consultancy, our expertise lies in matching your potential with the perfect temporary, interim, or permanent position. With a well-established presence in Leeds and Sheffield, our seasoned team of consultants extends their services across Yorkshire and beyond. Don't wait for opportunity to knock, reach out to us TODAYand let's chart your career path together.

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Interviewing for a new role can be a nerve-wracking experience. More often than not people come unstuck by making some very common mistakes. Follow our handy hints to make sure you know how to avoid these and you are bound to impress!

Mistake Number 1 - Not doing your research about your potential new employer

“What do you know about our organisation?” It’s one of the most likely questions that you will be asked by your interviewer so make sure that it doesn’t trip you up.Preparation is the key and with so
many sources of information – company website, annual reports, news articles and social media feeds – there’s really no excuse for not being able to talk confidently and knowledgably about the company you are hoping to join. And as well as bringing you up to speed about the latest developments, your research will also help you to compile a useful list of queries so you won’t be left floundering when you are invited to ask questions at the end.

Mistake Number 2 - Not understanding the role

From reading the job description and discussing the position with your recruitment consultant, you should have a thorough understanding of what the role will involve and be able to link your skills and experience to what your interviewer is looking for.If there areas in which you are unclear – such as how your role will interact with other departments – then be sure to use any opportunity beforehand to ask questions.

Mistake Number 3 - Focusing on your weak points

We all have them! More often than not there will be a couple of elements where your skills and experience may fall short of the requirements of the role. Remember – chances are that this will have been evident from your CV and yet you have still been invited for an interview! Rather than talking yourself down with what it is that you can’t do or don’t have experience in, turn the question around so you can highlight situations where you were involved in a similar project or how you think the skills that you do have will be of benefit. Keep the conversation positive and be sure to demonstrate a willingness to learn to address any areas where you need to gain more experience.

Mistake Number 4 - Not being in the right frame of mind

You are going to be nervous – and that is only natural! No matter how senior you are or how many job interviews you may have experienced, nerves are always likely to play a part. Having
done your research beforehand and being fully prepared for questions that you are likely to be asked will go a long way to help settle those initial butterflies. Look upon your interview as a positive experience; don’t focus on what could go wrong and instead keep reminding yourself of all the valuable skills and experience that you can bring to the company.

Mistake Number 5 - Not thinking before you speak

You are so keen to impress that it is easy to let your tongue run away with you and launch into your answer – often before the interviewer has had a chance to finish asking their question! Look to stay calm, listen carefully to what the interviewer is asking before beginning your answer and take a few deep breaths to give yourself time to think through what you want to say before starting to speak. Not sure what the interview means by their question? There’s nothing wrong with seeking confirmation – it’s much better than assuming you know what they are after and answering incorrectly.

Sharp Consultancy specialises in the recruitment of temporary, interim and permanent finance professionals. With offices in Leeds and Sheffield our highly experienced team of consultants recruit for positions throughout Yorkshire and beyond CONTACT UStoday to discuss your recruitment needs with a member of our team.