By Rachael Richardson-Bullock, on 17 June 2021
Read time: 2 minutes
Written by Tom Bilby, Marketing Executive, The Accountancy Partnership
Right, let’s get this straight – being a successful accountant isn’t all about tricky mental maths and crunching numbers.
Sure, numerical skills are an important part of the role, but there’s more to accountancy than working out percentages without the help of a calculator.
Fear not though! Attending university means it’s likely you’ve already got an entire arsenal of tools under your belt that should certainly not be overlooked or undervalued.
Here are 7 signs that a career in accountancy might just be your cup of tea:
1. You’re strict about hitting deadlines
If ‘deadline-crusher’ is your (double-barrelled) middle name, you’re halfway there already. As an accountant, you’ll be dealing with tight deadlines on a regular basis. Organisation and the ability to prioritise whilst staying cool, calm and collected under pressure are all vital accountancy attributes.
2. You take an analytical approach to problems
When faced with a task or problem, an accountant needs to be able to switch into analytical mode in order to navigate an effective solution. This is something university students are well-practised in thanks to all that lateral thinking and research.
3. You know how to budget and save cash
Were you the envy of your peers for being able to budget your student loan down to the last penny every month? No? Either way, there are lessons there that you now have experience of, whether you’re a budgeting wonder or not. That skill will serve you well when it comes to offering clients advice on how to nurture their cash flow, spend wisely and cut costs efficiently.
4. You ain’t afraid of no test
Ongoing exams come hand-in-hand with a career in accounting but hey, as a (former) student, you must be well-versed in the world of studying and revision by now. If you don’t mind another few years of qualification-chasing, you’ll be just fine.
5. You have Dragon’s Den on series record
Although you might not want to own your own business, it does help to have an entrepreneurial streak, or at least an empathy for it. That way you’ll understand your clients and help them identify ways in which they can grow their own ventures.
6. No mistake flies under your radar
A major part of an accountant’s job is helping clients reduce the risk of errors across their accounts and bookkeeping. So, you’ll need a keen eye for errors and anomalies, and the ability to be proactive in putting them right.
7. You have an endless supply of patience
As an accountant, you’ll spend a fair amount of time communicating with clients about their financial situation and the status of their business. At times, this might be a high-pressure role as clients come to you with stress or worries about money.
Sometimes what is second nature to you can be quite complex to a non-accountant, so when having these conversations, you’ll need to be patient and willing to explain things multiple times if needs be.
You ready for it?
Do some, or all of these, sound just like you? If so, it might be time to start seriously considering hopping onto the very first rung of the accountancy career ladder!
Don’t worry if that ladder starts to wobble, there are plenty of resources and channels of support out there to help you keep your balance and carry-on ascending.
The Accountancy Partnership is an online accounting firm for small businesses. Learn more about our approach to changing the profile of modern accounting!