Part Qualified & Accounting Professionals Jobs Market February 2024
The current market highly values candidates who are partway through their ACCA qualifications, showing a strong inclination towards those who combine theoretical knowledge with practical application. Technologically, skills in advanced accounting software and an understanding of data analytics are crucial. Additionally, soft skills like critical thinking, effective communication, and adaptability are equally important for these candidates, enabling them to apply their learning in diverse and evolving financial scenarios.
There has been a substantial shift towards integrating digital technologies in accounting practices, coinciding with the trend of remote and hybrid work models. This shift underscores the importance of digital literacy for those pursuing or holding part-qualified status, especially in the context of ACCA courses which increasingly incorporate elements of digital finance and data analytics.
Salaries in this niche have generally been on an upward trajectory. This is largely due to the premium placed on the unique blend of ongoing formal education and practical experience that part-qualified ACCA candidates bring. Their ability to immediately contribute while continuing to develop their skills makes them valuable assets.
A variety of companies are keen on hiring part-qualified professionals, particularly those engaged in ACCA studies. This includes traditional accounting firms, diverse corporations requiring in-house accounting expertise, and a growing number of tech-centric firms that value the blend of accounting knowledge and digital acumen.
Candidates pursuing ACCA qualifications are often looking for roles that support their ongoing education and professional development. They tend to favour employers who offer study support, mentorship, and the opportunity to apply their learning in practical contexts.
Employers are typically searching for candidates who not only have the technical knowledge from their ongoing ACCA studies but also exhibit traits like diligence, the capacity for analytical thinking, and a commitment to professional growth. The ability to balance study and work effectively is a highly regarded trait.
To attract these aspiring professionals, companies are offering benefits like study support for ACCA exams, flexible working hours to accommodate exam preparation, and opportunities for career progression upon achieving full qualification. Such incentives are designed to support both the immediate contributions and long-term professional development of part-qualified candidates.
It’s important to recognise, there are some candidates with significant practical experience but without formal finance qualifications. These professionals, skilled through years of hands-on work, offer invaluable real-world insights and problem-solving abilities. Their expertise is particularly valued in roles where practical experience is as important as theoretical knowledge, with employers increasingly recognising their unique contributions.
For more information on the current Part Qualified & Accounting Professionals jobs market and the latest salary bands, please download our Salary Survey below.