Stay in Practice

All the hard work has paid off and you have successfully passed your ACA.

The great thing about this valuable qualification is that you have a wealth of opportunities available to you. From media and advertising to corporate finance and insurance you are at a point of your career where you are highly sought after by the best companies in the market. Although, have you really considered the opportunities available to you if you stay in Practice?

You probably haven’t considered all of the opportunities and advantages to a career within Practice. With that in mind we have put together a comprehensive guide that explores the wide range of career opportunities available, the routes that other Chartered Accountants have taken and advice on how to get your ideal job.

There is more to staying in Practice than Audit…

The accounting firms offer a wide variety of careers for ACA’s, with attractive earning potential and unrivalled job security.

Here is an example of current salaries in Yorkshire:

The information is to be taken as a general guide. For a more detailed breakdown, or for an exploratory discussion about opportunities available to you, send us an update of your current situation along with your most recent CV to Sonya Sharples at sonya.sharples@markssattin.com.

Things to bear in mind:

• You can progress quicker than in Industry.
• The more you progress in Practice the fewer audits you get involved with – your role will become more advisory focused.

Progression timeline - Example

CA who stayed in Practice

• Assistant Manager after 1 year (£35k)
• Manager after 18 months (£45k)
• Associate Director after 18 months (£65k)

CA who moved to Industry

• Financial Manager after 2 years (£35k)
• Financial Controller after 4 year (£55k)
• Finance Director after 7 years (£70k)

Possible Positions:

• There are non-audit roles available. i.e. – Corporate finance/consulting/insolvency/forensics/transaction services.
• Don’t forget the work is also no longer monotonous and becomes more project based once you have finished your training contract.

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Rewards and benefits:

• Better earning potential – including excellent bonus and benefit packages that include private healthcare, life insurance etc.
• More opportunities to work abroad/international secondments.
• Additional training and development.

As you consider Practice as a career option, it is also worthwhile you taking a closer look at your work life balance and the location of your next position. It may be that you are drawn to the bright lights of London, or perhaps this is not your cup pf tea. Either way, don’t dismiss the charm and the atmosphere that Yorkshire has to offer - Choose the right path for you.

As the largest county in the UK, Yorkshire continues to offer an excellent quality of life. Successfully combining its busy urban centres with breath taking countryside – it provides the perfect work life balance.

With some of the finest nightlife and excellent shopping you are never short of things to do. And with a lower cost of living and house prices below the national average, Yorkshire definitely has a lot to offer.

Whether you are a Yorkshire native or have moved to the area, you will agree there is definitely a charm about the region. From the picturesque countryside to its rustic villages, there is so much to fall in love with.

Yorkshire is a vibrant area, with superb nightlife and continues to have a wealth of job opportunities across the region.

We are here to offer you the advice you need. We will take the time to understand your strengths, aspirations and requirements and help you decide what the right move is for you.

If you would like us to open the right doors for you, or you would like confidential career advice, please contact Sonya Sharples or email sonya.sharples@markssattin.com.

Sonya Sharples, Senior Consultant E: sonya.sharples@markssattin.com T: +44 (0) 113 204 2030