“Empowering our team with ACCA members has not only infused our firm with unparalleled expertise but also equipped us with a resilient, forward-thinking workforce."
These are the words of Winnie Shek - Southern Region Talent Partner, Deloitte Touche Tohmatsu. Several hiring and talent partners in the Big 4 accountancy firms and MNCs actively seek ACCA professionals.
Do you have a dream accounting/finance job in mind? Down the lane, you might have ambitions to become a CFO or the finance controller of a company.
Holding the ACCA batch will give you the firepower to excel in real-world accounting and financial management scenarios and take you to great heights.
This blog will highlight how ACCA increases your chances of landing your dream job by including real-world examples. Stay tight and keep reading!
What is ACCA?
ACCA or the Association of Chartered Certified Accountants is a globally recognized professional accountancy body founded in the UK that issues the certification of the ACCA. This certification is the gold benchmark standard for international accounting.
It was founded in 1904 and today is globally recognized across 180 countries. The ACCA has an active community of over 252,500 members and is still growing in membership.
The ACCA has helped shape several emerging economies such as Rwanda, Ethiopia, Ireland, Malaysia, Pakistan, etc. by improving audit quality, advancing standards & regulations, and setting benchmark financial management protocols.
Students globally can write the ACCA exam, which is offered in 400 centers worldwide. Once they pass the exam, they become a member of the prestigious accounting body and hold the certification.
5 Ways ACCA Increases Your Chance of Landing Your Dream Job
With the ACCA certification, you can land your dream job and have accelerated career growth.
1. Grants Global Recognition
Unlike any other accounting certification like the CPA US or CA, which are inherently great for their respective country or a limited range of countries, the ACCA holds the advantage of being globally recognized across 180 countries.
For accounting professionals who want to work beyond their home country, the ACCA assures a one-way ticket to their favorite destination.
If you’re looking to work in North or South America, a CPA license would be better but an ACCA is great for other countries.
The Big 4 accountancy firms, MNCs, and large corporate and public companies constantly hire ACCA professionals in various finance and accountancy roles such as financial accountant, analyst, management accountant, tax consultant, corporate treasurer, etc.
Primarily Recognized Across the UK & Europe
Since the United Kingdom is home to the ACCA or Association of Chartered Certified Accountants, there’s nowhere else where the certification is of greater validity. So if you’re primarily interested in working across accounting and finance designations in the UK, you bet the ACCA is the best certification.
Other European countries like Ireland, France, Spain, Netherlands, Malta, etc also approve of the ACCA batch for quality accounting work.
ACCA Recognition in Asia-Pacific
Do you prefer working in MNCs and large accounting corporate firms in Asia? The ACCA has just the recognition in all the top Asian countries.
Countries like Hong Kong, Malaysia, Singapore, India, Australia, and New Zealand have several global firms and branches of the Big 4 that hire ACCA professionals. There’s a huge scope in industries such as banking, manufacturing, and IT.
ACCA Recognition in the Middle East
If you’re aspiring for an accounting career in the UAE, Qatar, or Saudi Arabia. Kuwait and Bahrain, look no further than the ACCA batch.
There’s a great scope for accounting and finance management professionals interested in the oil & gas industry or real estate sectors in Qatar, Dubai, and Abu Dhabi. Saudi Arabia would be a great choice if you’re looking to work in the petrochemicals, banking, or manufacturing industry.
ACCA Recognition in Africa
Do you want to contribute key financial attributes to rapidly growing economies? Africa has a developing financial infrastructure and is projected to generate great revenue in the coming years.
With an ACCA certification, you can work across African countries like South Africa, Kenya, Nigeria, Zimbabwe, Ghana, Zambia, etc. By contributing to their growing economies, you can develop a powerful brand that puts your name out in the global sphere.
2. All-in-One Finance & Accounting Certification
The greatest aspect of the ACCA is that it gives students/working professionals exposure to a diverse array of financial and accounting disciplines. You simply become the jack-of-all-trades while pursuing this accounting batch.
The ACCA course curriculum gives you the advantage of handling real-world accounting scenarios. The syllabus includes 3 levels that include Applied Knowledge, Applied Skill Level, and Strategic Professional Level.
Applied Knowledge
- Business Technology
- Management Accounting
- Financial Accounting
Applied Skill Level
- Corporate & Business Law
- Performance Management
- Taxation
- Financial Reporting
- Financial Management
- Audit & Assurance
Strategic Professional Level
- Strategic Business Leader
- Strategic Business Reporting
- Advanced Financial Management
- Advanced Performance Management
- Advanced Taxation
- Advanced Audit & Assurance
You learn everything from audit, taxation, financial reporting, and strategic decision-making, to investment banking, acquisitions, and mergers in the advanced financial management module. Thus ACCA ensures you have all the knowledge a finance professional would need while dealing with real-world issues.
Real World Example
Consider Oliver Leung, FCCA, who is the CFO and Director of L'Arc Macau Group and Lisboeta Macau. He attests that the ACCA qualification has provided him with both technical expertise and a strategic mindset, which have enabled him to excel in the dynamic accounting landscape.
3. Learn While You Earn
One of the greatest reasons why working professionals love to pursue the ACCA course is that it offers complete flexibility. You can complete the course at your own pace by attending ACCA online classes.
Plan your ACCA course duration based on your work schedule and attend an online course that best suits your learning style and methodology.
By learning various subjects in the course, you can demonstrate your skills and your accountancy knowledge to potential employers and senior-level management, thus advancing your career. ACCA membership requires a minimum of 3 years of practical work experience in addition to cracking the exam.
Thus, doing the course while working an accountancy job will give you much leverage to get hold of the batch, transitioning you to senior accountant positions.
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4. Higher Employability
A simple Google search for the ACCA job opportunities will open you to a world of companies that are actively hiring accountants and financial professionals with the right background.
The ACCA freshers are actively sought after by companies such as BDO, Grant Thornton, J.P. Morgan, and Morgan Stanley for auditing, taxation, and financial reporting related positions.
With the increase in globalization of companies, cross-border transactions have increased exponentially in comparison to the previous years, thus requiring the meticulous expertise of ACCA professionals to conduct interdisciplinary audits and navigate complex tax codes.
Check out the ACCA Global page here to browse the various jobs offered - https://jobs.accaglobal.com/cp/role-explorer
You can see several designations offered such as:
- Finance Manager
- Senior Accountant
- Financial Controller
- Management Accountant
- Financial Analyst
- Finance Business Partner
- Chief Financial Officer
- Head of Finance
With experience and CPD (continuous professional development), you can transition to senior roles and increase your chances of landing your dream job.
5. Become a Member of a Global & Professional Accounting Body
Many ACCA professionals gain significant leverage in their career growth by connecting with other members of the community. With over 241,000 members and 542,000 students worldwide, the ACCA community provides a platform to establish strong connections and create powerful teams.
You can attend the ACCA events organized in a periodic manner that allows you to network with fellow professionals and update your knowledge according to the times. ACCA members receive continuous career support all round the year.
Members receive 10 editions of the acclaimed professional Accountancy and Business magazine each year, appropriate to their regional habitat. The members’ only LinkedIn group is a forum that allows ACCA members to partake in decisions and seek guidance on practical finance and business matters. All these resources will help you in landing your dream job.
Start Your ACCA Journey Now!
Are you driven by the passion to excel in accounting and financial careers? Let’s start the ACCA journey now and grant you the dream job you’re looking for. With MyLogic, you’ll have all the resources you need to clear the exam and bank the certification.
Check out our course details here - https://www.mylogic.ac/acca.aspx
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