​A career in chartered accountancy certainly isn't for everyone. For one, it will take you at least four years of academic study at one of South Africa's top universities and another three years gaining practical training. However, it doesn't end there – you will also need to simultaneously study and pass two of the toughest professional exams in any business, anywhere.

In South Africa, chartered accountancy training is based on a broad competency model, which requires a focus on business strategy, ethics, governance, communication, and other, non-accountancy based disciplines. A deep understanding of the current International Financial Reporting Standards is also imperative.

While many newly qualified chartered accountants confidently enter the job market encouraged by reports that there is an urgent need for their skills, they soon realise that the reality is vastly different. A CA(SA) qualification remains outstanding and it most definitely paves the way for career opportunities, but it isn't a guarantee of an immediate job offer in an industry of choice. It's understandable that job seekers are baffled when their career aspirations aren't fulfilled immediately.

Here are important points young Chartered Accountant should consider when planning their careers:For many newly qualified CAs, irrespective of race, the job search can take considerable time. 

Start your job search in good time so that you aren't under pressure to find something at the end of your studies.Although there are selected career opportunities available in the public sector, most opportunities are at audit firms and slightly less are on offer at private companies. Anyone wanting to start their career in the private sector will face a more challenging journey due to the scarcity of career opportunities.Many young accountants fall into the trap of staying at an audit firm for too long. Commercial experience early on in a candidate's career can be a significant differentiator in the search for a job.Companies would rather employ young accountants who have experience in their particular industry. Try to specialise in one or two sectors to ensure that you are able to pursue a career in a particular field.Job seekers need to adjust their expectations and their strategies according to market realities. Just because you have a CA qualification doesn't mean that you can make demands which employers will not meet due to a lack of experience or industry-specific skills.

There are positions available, and candidates who have a clear career strategy, who start their search early and who are patient will eventually be rewarded.

There are numerous resources available to newly qualified CAs, and aprofessional specialist recruitment agency can be invaluable when it comes to market knowledge and managing expectations. Our Finance Specialist recruiters can also help with career planning advice on your job search. Contact Network Finance today to make your career aspirations a reality.

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