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| CAREER TIPS |
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Education
Get as much education as you can. In today’s environment an MBA is a minimum requirement for anyone on a management track. If you are in Accounting, Tax, Finance or Audit a CPA and public accounting experience is highly desirable and in most senior level roles a requirement in addition to an MBA.
Job hopping
Don’t be a job hopper. You average tenure at each company should be at least 4 to 5 years. If you made a bad choice most companies can overlook one or two mistakes. However, do not find yourself with a new job every two years for the last 10.
Be an expert
Most firms are seeking specialists and not generalists. For example, if your career path is in the chemical industry, long term it may be better to stay in the same or similar industry. It will make your next job search that much easier. You will also be able to command the top end of the pay scale because you know the industry. The same goes for functional expertise. If you try something else and it does not work out a year or two down the road it will make it tougher to go back to your previous functional area. You will be competing against other candidates who are current in both industry and functionality.
Accounting, Tax, Finance, and Audit
If you are with a public company in Accounting, Tax, Finance or Audit it is highly recommended that you stay with a public firm. Reporting demands are rapidly changing. If you go to a private company for a year or two your hands on skills and knowledge will be perceived as obsolete if you try to get back to public. It is much more difficult to move from a private to a public company in this area. Remember you will be competing against others who are coming out of other public companies with current knowledge and hands on experiences.
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