WHAT ARE THE LONGER TERM EFFECTS OF FURLOUGH?

How to Write a Winning CV as a Part-Qualified Accountant

Whether you’re halfway through your ACCA, CIMA, or ACA qualification, being a part-qualified accountant is a valuable position that opens doors to numerous opportunities...However, capitalising on those opportunities starts with one critical tool: a well-crafted CV. Your CV isn't just a list of previous roles — it’s a strategic marketing document. It's your chance to demonstrate to employers that although you're not yet fully qualified, you already deliver tangible value and have the potential to grow into a fully-fledged finance professional. Based on experience within the demanding and fast-growing part-qualified market, here are five essential elements your CV must include to stand out.1. Lead with a Powerful Personal StatementThis is the first impression — and one of the most important parts of your CV. A strong personal statement should make hiring managers want to read more. Your personal statement should cover: Your current qualification status (e.g., “ACCA part-qualified with 7 out of 13 exams completed”). Your professional ambitions and what drives you. Key strengths developed so far (e.g., process improvement, analytical thinking, stakeholder collaboration). Areas you’re eager to grow in. Tailor this section for each role you apply to. Show your enthusiasm for the specific opportunity and highlight relevant experience. Crucially, mention where you've added value — perhaps by streamlining a process, supporting a new project, or exceeding performance targets.2. Showcase Your Professional Experience with ImpactThe experience section is your chance to back up your personal statement with evidence. Avoid vague job descriptions. Instead, go into detail: Describe key processes you’ve worked on (include figures or financial details where possible). Highlight your role in cross-functional teams or collaboration with senior stakeholders. Focus on contributions you've made — especially in process improvements, efficiencies, or data-driven decisions. Rather than just listing duties, emphasise achievements. What did you deliver? What changed as a result? Who benefited from your input? Remember: employers in the part-qualified market want to see your potential and how you've already added value. 3. Highlight Transferable Skills and Tailor for Each JobIt’s easy to fall into the trap of sending the same CV to every job. Don’t. Tailoring your CV to each opportunity shows initiative and relevance. Start by thoroughly reading the job description. Identify what the employer is really looking for — and match that to your skills and experience. For example, if the role emphasizes SOX compliance, IFRS, or UK/US GAAP reporting standards, and you’ve had exposure to these, make it clear. If a job involves partnering with non-finance departments, highlight any experience communicating with cross-functional teams or presenting financial insights. Mention transferable skills such as: Problem-solving Analytical thinking Use of ERP systems Forecasting and budgeting support This shows you’ve not just read the job description — you understand what the company needs and the transferable skills and experience you have.4. Don’t Just List Technical Skills — Demonstrate ThemHiring managers don’t just want to see a list of accounting systems and tools you’ve used — they want to understand how you’ve used them. For each system (e.g., SAP, Sage, Excel, Power BI), include: What you used it for (e.g., “automated monthly reporting using Excel macros”). Any efficiencies or improvements achieved through its use. If you implemented or helped roll out a system or process, explain your role and the outcome. Example: "Developed a reporting dashboard in Power BI that reduced manual month-end reporting time by 30%, allowing the team to focus on variance analysis and forecasting." This showcases your technical ability and your contribution to the wider team.5. Include Key Achievements or Case Studies Using STAR In a competitive job market, including 2–3 concise achievements or mini case studies can elevate your CV. Use the STAR Method to structure them: Situation – What challenge or context were you working in? Task – What was your role or responsibility? Action – What steps did you take? Result – What was the outcome? Quantify it if possible. For Example: Situation: Month-end reporting was consistently delayed due to data inconsistencies. Task: Identify the bottlenecks and improve the workflow. Action: Collaborated with the data team to build an automated reconciliation process. Result: Reduced reporting time by 2 days and improved data accuracy, enabling earlier board review. Including achievements like this gives your CV personality and provides excellent talking points during interviews. Final ThoughtsBeing a part-qualified accountant isn’t a limitation — it’s a launchpad. The right CV will not only reflect your current abilities but also show employers your drive, value, and potential. To recap: Craft a compelling personal statement tailored to each role. Highlight achievements and value-adds, not just responsibilities. Tailor your CV to every application — make your skills match the role. Showcase your technical experience with real examples. Include 2–3 achievements using the STAR method to give your CV depth. With these elements, your CV won’t just get you through the door — it will set the tone for your progression toward full qualification and a thriving finance career. Visit Our Candidate Advice Pages HereLooking 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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When the country was initially plunged into lockdown in March, the furlough scheme – which saw the Government foot the bill for up to 80% of an employee’s wages – was largely heralded as a lifesaver by many businesses who had seen their revenue stop, or at the very least slow down, overnight.

The scheme, which has seen the Government’s contribution reduce over of the last couple of months, was set to end on 31 October yet, this weekend’s announcement that we are again facing another period of lockdown which will force many businesses to close their doors was accompanied by the news that furlough would continue – back at its original level – until at least the end of this month.

Since its introduction in March, the Coronavirus Job Retention Scheme has supported 9.6 million jobs with 1.2 million employers making claims totalling £41.4bn (and counting).[1]

Many employers have already taken tough decisions in view of the expected end of furlough; redundancies increased in June to August 2020 by 113,000 on the year, and a record 114,000 on the quarter, to 227,000. The annual increase was the largest since April to June 2009, with the number of redundancies reaching its highest level since May to July 2009.[2]With still so much uncertainty, what do the coming months and beyond bring for businesses as they prepare to potentially welcome back employees who have spent some – or all – of the last seven months away from the work place?

It is worth bearing in mind that whilst COVID-19 is indeed a significant global pandemic affecting each and every one of us in some way, from a business perspective, not every sector is being affected to the same degree and, in fact, there are many industries which are experiencing growth. This – in some cases very rapid – growth has seen these companies face staffing challenges of a different kind as they look to recruit and build their teams to manage the increases in demand in a market that looks and feels very fluid and in many ways unfamiliar.

Furlough – in addition to providing financial support – has also enabled businesses to benefit in other ways; for some, this has afforded them with some much needed breathing space to reassess their operations, consider their costs moving forward and review roles and departments in preparation for whatever lies ahead.

Inevitably – and unfortunately – there have been job losses, and no doubt there are more to come as businesses restructure and take a much closer look into their systems and operations as they seek to improve efficiencies, some of which may have previously been put on the back burner whilst the primary focus was concentrated on the ‘day-to-day’ yet lockdown forced those considerations – namely working from home – to become an immediate necessity.

As we move forward, it is likely that an increasing number of organisations will see home working – at the very least a mix between home and office working – become the norm. Work from home policies which may have been rapidly introduced in response to the initial lockdown will need further review and the correct provisions and equipment supplied to support a longer term and more permanent change to working patterns.

For those businesses bringing employees back into work, they must have in place a proactive programme to manage the reintroduction of those individuals and their reintegration with those who have remained working throughout the duration. For many, furlough was a case of ‘the grass is greener’; for those continuing to work they may have felt resentment that they were covering for colleagues who were ‘enjoying’ time off whilst still receiving a large proportion of their monthly wage whereas those on furlough will have experienced feelings of uncertainty that the longer they spend out of the work place the more dispensable they become and the adverse affect of a lack of mental stimulation and day to day routine on their general well-being.

Companies must recognise that this is a critical time and ensure that they have taken into consideration how various roles may have needed to be adapted and communicated changes clearly and concisely. How companies handle their employees over the coming weeks and months – and indeed how they ensured that those who were on furlough remained engaged with the operation during their time away – will have significant implications for businesses as they move forward.

Businesses’ objectives will have undoubtedly had to change and adapt and alongside those, it is very likely that for many employees, they may find that their individual pre-lockdown career ambitions take something of a back seat. That is not to say that there are not opportunities for progression and promotion; some sectors are growing and over performing resulting in new and challenging roles opening up for those candidates seeking their next career move.

With a reasonable amount of uncertainty surrounding how business will be able to move forward remaining, many may understandably feel tentative about pressing ahead with recruitment plans. However, considering alternative solutions such as bringing somebody in on an interim basis, may buy businesses the time that they need before making a more permanent decision. Options which may previously have been considered unworkable could now very much be on the table; we recently placed an individual into a senior commercial finance role who, during the process, advised that they would be relocating away from the area. Pre-lockdown this would have almost certainly been a deal-breaker, however with successful home working strategies deployed, being based full time in an office is no longer seen as a barrier to securing the right candidate

However, even within those sectors for which the coming months and beyond may be difficult, it is vital that employers engage with their employees respectfully so as to ensure open two-way communication and foster a positive culture that encourages retention. Employers may be seen to be in the driving seat – the unemployment rate grew to 4.5% in the three months to August 2020 compared to 4.1% in the previous quarter [3]– yet, as the market swings round, businesses may find themselves facing challenges around retention – and potentially recruitment – as their actions now influence the decisions current and potential employees make in the future.

Sharp Consultancy specialises in the recruitment and executive search of finance and accountancy professionals. With offices in Leeds and Sheffield our highly experienced team of consultants recruit for temporary, interim and permanent roles across the full spectrum of positions throughout Yorkshire and beyond. CONTACT UStoday and speak to a member of our team about your recruitment needs or next career move.

[1]
HMRC coronavirus (COVID-19) statistics, https://www.gov.uk/government/collections/hmrc-coronavirus-covid-19-statistics, published 22 October 2020

[2]
ONS Labour market overview, UK: October 2020

[3][3]
ONS Labour market overview, UK: October 2020